Global Bioplastics Packaging Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2024 –2031 |
 Market Size (Base Year) |
USD 8.82 Billion |
 Market Size (Forecast Year) |
USD 26.76 Billion |
 CAGR |
% |
| Major Markets Players |
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Global Bioplastics Packaging Segmentation, By Product (Bio-PET, PLA and PLA Blends, Starch Blends, Bio-PP, Bio-PA, TPS, PHA, Bio-PE, PBS, Aliphati and Aromatic Polyesters, Cellulose, Molded Fiber, AAC, WSP, and Others), Application Type (Bottles, Pouch and Sachet, Trays, Clamshells, Cups, Films, Bags, Others), Extraction Technology (Injection Molding, Biomass, Pelletizing, Non-Biodegradable Bio-Derived Thermoplastics, Petrochemical Synthesization, Bio-Derived Monomers Synthesization, Natural or GMO, and Others), End-Users (Food and Beverages, Consumer Goods, Pharmaceuticals, Industrial Goods, and Others) – Industry Trends and Forecast to 2031.
Bioplastics Packaging Market Analysis
Bioplastics packaging market is rapidly growing due to innovations in biodegradable materials and compostable films. Recent advancements include the development of PLA (polylactic acid) and PHA (polyhydroxyalkanoates), which offer enhanced durability and environmental benefits. Technological progress involves improved production processes for cost efficiency. The market is projected to expand significantly as sustainability becomes a key focus in packaging.
Bioplastics Packaging Market Size
The global bioplastics packaging market size was valued at USD 8.82 billion in 2023 and is projected to reach USD 26.76 billion by 2031, with a CAGR of 14.88% during the forecast period of 2024 to 2031.
Bioplastics Packaging Market Trends
“Growing Demand for Sustainable Packaging Solutions”
A significant trend driving the growth of the bioplastics packaging market is the increasing consumer demand for environmentally sustainable packaging solutions. As environmental concerns about plastic pollution rise, consumers and companies are shifting towards eco-friendly alternatives. For instance, major brands such as Coca-Cola and Unilever are investing in bioplastics to meet their sustainability goals and appeal to environmentally-conscious customers. This trend is bolstering market growth as businesses across various sectors adopt bioplastics to reduce their carbon footprint and enhance their brand image. The push for regulatory changes and incentives supporting sustainable packaging further accelerates bioplastics packaging market expansion.
Report Scope and Bioplastics Packaging Market Segmentation
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Report Metric |
Details |
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Segments Covered |
By Product: Bio-PET, PLA and PLA Blends, Starch Blends, Bio-PP, Bio-PA, TPS, PHA, Bio-PE, PBS, Aliphati and Aromatic Polyesters, Cellulose, Molded Fiber, AAC, WSP, and Others By Application Type: Bottles, Pouch and Sachet, Trays, Clamshells, Cups, Films, Bags, Others By Extraction Technology: Injection Molding, Biomass, Pelletizing, Non-Biodegradable Bio-Derived Thermoplastics, Petrochemical Synthesization, Bio-Derived Monomers Synthesization, Natural or GMO, and Others) By End-Users: Food and Beverages, Consumer Goods, Pharmaceuticals, Industrial Goods, and Others |
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Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
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Key Market Players |
Amcor plc (Australia), Tetra Laval International SA (Switzerland), Mondi (U.K.), WestRock Company (U.S.), BASF SE (Germany), Sonoco Products Company (U.S.), Smurfit Kappa (Ireland), Huhtamaki (Finland), Gerresheimer AG (Germany), BALL CORPORATION (U.S.), Ardagh Group S.A. (Luxembourg), Crown Holdings (U.S.), DS Smith (U.K.), International Paper (U.S.), Berry Global Inc. (U.S.), Genpack LLC (U.S.), DuPont (U.S.), Uflex Ltd. (India), and Evergreen Packaging LLC (U.S.) |
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Market Opportunities |
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Value Added Data Infosets |
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include import export analysis, production capacity overview, production consumption analysis, price trend analysis, climate change scenario, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework. |
Bioplastics Packaging Market Definition
Bioplastics packaging is made from renewable biological sources such as corn starch or sugarcane, designed to reduce environmental impact compared to traditional plastics. These materials are biodegradable or compostable, breaking down more easily and reducing landfill waste. Bioplastics offer a sustainable alternative, often used in food containers, wrappers, and other packaging applications.
Bioplastics Packaging Market Dynamics
Drivers
- Increasing Food and Beverage Industry Adoption
The food and beverage sector's shift towards sustainable packaging solutions drives the adoption of bioplastics, as companies seek eco-friendly alternatives to traditional plastics. For instance, major brands such as Coca-Cola and Unilever are incorporating bioplastics in their packaging to reduce environmental impact. This trend aligns with consumer preferences for greener products and helps companies meet regulatory requirements, boosting the bioplastics market significantly.
- Growth in E-commerce
The growth in e-commerce fuels demand for sustainable packaging solutions as online shopping surges. Companies such as Amazon and Alibaba are increasingly adopting bioplastic packaging to meet both consumer expectations and regulatory standards for environmental responsibility. This trend aligns with global sustainability goals and caters to eco-conscious consumers who prefer packaging that reduces environmental impact, driving the expansion of the bioplastics market.
Opportunities
- Advancement in Technology
Technological advancements in bioplastics have significantly enhanced their performance and reduced costs, making them more competitive with traditional plastics. For instance, innovations such as polylactic acid (PLA) and polyhydroxyalkanoates (PHA) have improved the strength and flexibility of bioplastics while reducing production expenses. This progress boosts their appeal for packaging applications, driving market growth as businesses and consumers increasingly favor these sustainable options over conventional plastics.
- Enhanced Performance Characteristics
Improved performance characteristics of bioplastics, including enhanced durability, superior barrier properties, and extended shelf-life, create significant market opportunities. For instance, bioplastics such as polylactic acid (PLA) are now used in food packaging due to their ability to preserve freshness effectively. Such advancements make bioplastics a viable alternative to traditional plastics, opening new avenues for their adoption in sectors requiring high-performance packaging solutions.
Restraints/Challenges
- High Production Costs
Bioplastics generally have higher production costs compared to conventional plastics because they require specialized raw materials and processes. This increased expense makes bioplastic packaging more costly for manufacturers and consumers. As a result, it hinders the market by limiting the widespread adoption and competitiveness of bioplastics, affecting their ability to replace traditional plastic packaging on a larger scale.
- Limited Material Performance
Bioplastics often fall short in durability and barrier properties compared to traditional plastics. This limitation affects their suitability for packaging applications requiring high strength or resistance to moisture, gases, and other environmental factors. As a result, the reduced performance characteristics can hinder their adoption across various packaging segments, restricting the growth of the bioplastics packaging market.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Bioplastics Packaging Market Scope
The market is segmented on the basis product, application type, extraction technology, and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Bio-PET
- PLA and PLA Blends
- Starch Blends
- Bio-PP
- Bio-PA
- TPS
- PHA
- Bio-PE
- PBS
- Aliphati and Aromatic Polyesters
- Cellulose
- Molded Fiber
- AAC
- WSP
- Others
- PCL (Polycaprolactone)
- PBAT (Polybutylene Adipate Terephthalate)
Application Type
- Bottles
- Pouch and Sachet
- Trays
- Clamshells
- Cups
- Films
- Bags
- Others
Extraction Technology
- Injection Molding
- Biomass
- Pelletizing
- Non-Biodegradable Bio-Derived Thermoplastics
- Petrochemical Synthesization
- Bio-Derived Monomers Synthesization
- Natural or GMO
- Others
End-Users
- Food and Beverages
- Consumer Goods
- Pharmaceuticals
- Industrial Goods
- Others
Bioplastics Packaging Market Regional Analysis/Insights
The market is analysed and market size insights and trends are provided by country, product, application type, extraction technology, and end-user as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
Europe is expected to dominate the bioplastics packaging market due to stringent regulations on non-recyclable plastics and a growing trend towards sustainable packaging in the manufacturing sector. The region's commitment to reducing plastic waste and promoting eco-friendly alternatives drives the high demand for bioplastics, positioning Europe as a leading market.
Asia-Pacific is expected to show growth in the bioplastics packaging market due to the expanding packaging industry, increased downsizing of packaging, and advancements in new technologies and innovations. Additionally, the region's rising concern over non-biodegradable materials fuels the shift towards more sustainable bioplastics solutions.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Bioplastics Packaging Market Share
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
Some of the major players operating in the market are:
- Amcor plc (Australia)
- Tetra Laval International SA (Switzerland)
- Mondi (U.K.)
- WestRock Company (U.S.)
- BASF SE (Germany)
- Sonoco Products Company (U.S.)
- Smurfit Kappa (Ireland)
- Huhtamaki (Finland)
- Gerresheimer AG (Germany)
- BALL CORPORATION (U.S.)
- Ardagh Group S.A. (Luxembourg)
- Crown Holdings (U.S.)
- DS Smith (U.K.)
- International Paper (U.S.)
- Berry Global Inc. (U.S.)
- Genpack LLC (U.S.)
- DuPont (U.S.)
- Uflex Ltd. (India)
- Evergreen Packaging LLC (U.S.)
Latest Developments in Bioplastics Packaging Market
- In August 2022, LG Chem Ltd., the leading Korean chemical company, partnered with US-based Archer Daniels Midland Co. (ADM). They plan to construct two manufacturing plants in Illinois, focusing on producing biodegradable plastics. These plastics will be primarily used for food packaging, highlighting their commitment to sustainable solutions
- In January 2022, Vikas Ecotech Limited announced an investment in eco-friendly BioPlastics (PHA) technology. The company is advancing towards a technology collaboration or joint venture with Aurapha Private Ltd. (AuraPHA). This partnership aims to produce biodegradable plastics, specifically polyhydroxyalkanoates (PHA), offering sustainable alternatives in various applications
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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