Market Overview:
The global bioplastics packaging market reached a value of US$ 5.21 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 11.95 Billion by 2027, exhibiting a CAGR of 14.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Bioplastics are renewable packaging solutions used for preserving, protecting and transporting a wide range of products. They are widely used for storing and packaging dairy products, personal care, carbonated and non-carbonated alcoholic beverages. They are manufactured of bio polyethylene terephthalate (PET), bio polyethylene, bio polyamide (PA), starch blends and polybutylene adipate terephthalate (PBAT). Bioplastic packaging materials are commonly available in rigid and flexible packaging, such as films, bottles, cutlery, pouches, labels, trays, and cups. As compared to traditional plastic packaging, bioplastic packaging offers enhanced versatility, durability, and tensile strength with reduced carbon footprint.
Bioplastics Packaging Market Trends:
The increasing demand for eco-friendly and sustainable packaging solutions across the globe is one of the key factors driving the growth of the market. Bioplastic packaging materials are reusable and decompose faster, which aids in conserving natural resources and cutting down toxic waste. In line with this, the rising environmental consciousness and the increasing need to reduce the footprint of plastic in oceans and landfills are favoring the market growth. Moreover, various product innovations, such as the development of three-dimensional (3D) printed bioplastic packaging materials, are providing an impetus to the market growth. These packages offer a high reusability rate and are available in aesthetically appealing designs to enhance brand awareness. Additionally, the increasing demand for rigid bioplastics for cosmetic packaging, such as creams, lipstick, compact powders and foundations, is positively impacting the market growth. Besides this, the rising trend of combining bioplastic materials with other suitable recyclables to ensure resource efficiency and decrease greenhouse gas (GHG) emissions are catalyzing the market growth. Apart from this, the increasing product utilization in the food and beverage industry, along with the implementation of various government initiatives for encouraging the use of eco-friendly packaging, are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global bioplastics packaging market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, packaging type and end user.
Breakup by Product Type:
- PLA
- TPS
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
Breakup by Packaging Type:
- Flexible Plastic Packaging
- Rigid Plastic Packaging
Breakup by End User:
- Food
- Beverages
- Consumer Goods
- Pharmaceuticals
- Industrial Goods
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ALPAGRO Packaging, Amcor plc, Arkema S.A., BASF SE, Biome Bioplastics Limited (Biome Technologies plc), Braskem S.A., Eastman Chemical Company, Koninklijke DSM N.V., Mondi PLC, NatureWorks LLC (Cargill Incorporated), Novamont S.p.A, Tetra Laval International SA, TIPA Corp Ltd. and WestRock Company.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Product Type, Packaging Type, End User, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
ALPAGRO Packaging, Amcor plc, Arkema S.A., BASF SE, Biome Bioplastics Limited (Biome Technologies plc), Braskem S.A., Eastman Chemical Company, Koninklijke DSM N.V., Mondi PLC, NatureWorks LLC (Cargill Incorporated), Novamont S.p.A, Tetra Laval International SA, TIPA Corp Ltd. and WestRock Company. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global bioplastics packaging market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global bioplastics packaging market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the packaging type?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global bioplastics packaging market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Bioplastics Packaging Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 PLA
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 TPS
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 PHA
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Bio-PE
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Bio-PA
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Bio-PET
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Bio-PP
6.7.1 Market Trends
6.7.2 Market Forecast
6.8 Others
6.8.1 Market Trends
6.8.2 Market Forecast
7 Market Breakup by Packaging Type
7.1 Flexible Plastic Packaging
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Rigid Plastic Packaging
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End User
8.1 Food
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Beverages
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Consumer Goods
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Pharmaceuticals
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Industrial Goods
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 ALPAGRO Packaging
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Amcor plc
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Arkema S.A.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 BASF SE
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Biome Bioplastics Limited (Biome Technologies plc)
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Braskem S.A.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Eastman Chemical Company
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Koninklijke DSM N.V.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.9 Mondi PLC
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 NatureWorks LLC (Cargill Incorporated)
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Novamont S.p.A
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Tetra Laval International SA
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 SWOT Analysis
14.3.13 TIPA Corp Ltd.
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.14 WestRock Company
14.3.14.1 Company Overview
14.3.14.2 Product Portfolio
14.3.14.3 Financials
14.3.14.4 SWOT Analysis
List of Figures
Figure 1: Global: Bioplastics Packaging Market: Major Drivers and Challenges
Figure 2: Global: Bioplastics Packaging Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Bioplastics Packaging Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Bioplastics Packaging Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Bioplastics Packaging Market: Breakup by Packaging Type (in %), 2021
Figure 6: Global: Bioplastics Packaging Market: Breakup by End User (in %), 2021
Figure 7: Global: Bioplastics Packaging Market: Breakup by Region (in %), 2021
Figure 8: Global: Bioplastics Packaging (PLA) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Bioplastics Packaging (PLA) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Bioplastics Packaging (TPS) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Bioplastics Packaging (TPS) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Bioplastics Packaging (PHA) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Bioplastics Packaging (PHA) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Bioplastics Packaging (Bio-PE) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Bioplastics Packaging (Bio-PE) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Bioplastics Packaging (Bio-PA) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Bioplastics Packaging (Bio-PA) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Bioplastics Packaging (Bio-PET) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Bioplastics Packaging (Bio-PET) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Bioplastics Packaging (Bio-PP) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Bioplastics Packaging (Bio-PP) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Bioplastics Packaging (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Bioplastics Packaging (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Bioplastics Packaging (Flexible Plastic Packaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Bioplastics Packaging (Flexible Plastic Packaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Bioplastics Packaging (Rigid Plastic Packaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Bioplastics Packaging (Rigid Plastic Packaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Bioplastics Packaging (Food) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Bioplastics Packaging (Food) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Bioplastics Packaging (Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Bioplastics Packaging (Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Bioplastics Packaging (Consumer Goods) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Bioplastics Packaging (Consumer Goods) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Bioplastics Packaging (Pharmaceuticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Bioplastics Packaging (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Bioplastics Packaging (Industrial Goods) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Bioplastics Packaging (Industrial Goods) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Bioplastics Packaging (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Bioplastics Packaging (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: North America: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: North America: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: United States: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: United States: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Canada: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Canada: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Asia-Pacific: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Asia-Pacific: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: China: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: China: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Japan: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Japan: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: India: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: India: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: South Korea: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: South Korea: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Australia: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Australia: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Indonesia: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Indonesia: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Others: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Others: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Europe: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Europe: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Germany: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Germany: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: France: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: France: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: United Kingdom: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: United Kingdom: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Italy: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Italy: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Spain: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Spain: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Russia: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Russia: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Others: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Others: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Latin America: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Latin America: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Brazil: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Brazil: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Mexico: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Mexico: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Others: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Others: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Middle East and Africa: Bioplastics Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Middle East and Africa: Bioplastics Packaging Market: Breakup by Country (in %), 2021
Figure 88: Middle East and Africa: Bioplastics Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Global: Bioplastics Packaging Industry: SWOT Analysis
Figure 90: Global: Bioplastics Packaging Industry: Value Chain Analysis
Figure 91: Global: Bioplastics Packaging Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Bioplastics Packaging Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Bioplastics Packaging Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Bioplastics Packaging Market Forecast: Breakup by Packaging Type (in Million US$), 2022-2027
Table 4: Global: Bioplastics Packaging Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Bioplastics Packaging Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Bioplastics Packaging Market: Competitive Structure
Table 7: Global: Bioplastics Packaging Market: Key Players