Bioplastic Packaging Material Market 2025 - Global Industry Outlook, Demand, Key Manufacturers and Forecasts Report
15 October 2018 - Global Bioplastic
Packaging Material Market is expected to gain a positive CAGR
growth in the forthcoming years. The demand for affordable and sustainable
packaging solution for a diverse range of products determines the need for
bioplastic packaging sales market. Mainly, the food and beverage industry
encompasses the use of bioplastic packaging material for food packaging and
other uses. Packaging solutions have paved a significant way among every food
and beverage company. Bioplastics thus have expected to achieve a prominent
position in the global F&B sector mainly due to the advantage it offers.
The sources include biomass, biopolymers and bioplastics as the most innovative
packaging materials for food materials which also augments the demand according
to consumer preference.
The
market is expected to witness the trend of enhancing physical properties of
packaging materials by making them more sophisticated, simple and antistatic
feature. Driving factors responsible for the growth of bioplastic packaging
material market include growing emphasis of manufacturers of food products to
adopt best packaging solutions. Also, the need for novel packaging solutions
leads to the growth of bioplastic packaging material market. However,
consumer’s preference for organic materials is likely to impact the growth of
bioplastics packaging materials sales market. In addition, factors such as
health concerns pertaining to its toxicity is likely to refrain the market
growth.
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Based
on segmentation by product, the bioplastic packaging material market include
Bio-PET, PLA & PLA Blends, Starch Blends and BIO-PE. Based on segmentation
by end-user, the bioplastic packaging material market include rigid packaging
and flexible packaging. Based on segmentation by application, the bioplastic
packaging material market includes food & beverages.
Geographically,
bioplastic packaging material market spans North America, Latin America,
Europe, Asia-Pacific, Middle-East and Africa. Europe market is anticipated to
grow at a higher CAGR in the forthcoming years owing to rising use of
bioplastic packaging materials in the region. APAC market is also expected to
witness a higher CAGR growth in the forthcoming period owing to growing
emphasis on bioplastics packaging materials for food & beverage products. The
key players in the bioplastic packaging material market include Arkema,
Braskem, BASF, Nature Works, Heritage Pioneer Corporate Group, Novamont,
Metabolix, Reverdia, Bioamber, Genomatica, Corbion, Toray, Novozymes, Versalis
and Lanzantech.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Bioplastic Packaging Material in these regions,
from 2013 to 2025 (forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
Global Bioplastic Packaging Material
market competition by top manufacturers, with production, price, revenue
(value) and market share for each manufacturer; the top players including
•
Arkema
•
BASF
•
Braskem
•
NatureWorks
•
Heritage Pioneer Corporate Group
•
Novamont
•
Metabolix
•
Reverdia
•
Solvay
•
Bioamber
•
Corbion
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