Global Bioplastic Packaging Market, by Product Type(TPS, PLA, PHA, bio-PE, bio-PA, bio-PET, bio-PP, Others) by End Use(Food and Beverages, Consumer Goods, Pharmaceutical, Industrial Goods, Others), and by Geography - Trends, and Forecast till 2025
- Report code : CMI171256 |
- Industry :
Packaging
- Published On : Jan 2018 |
- Pages : 187 Pages |
- Format :
Global Bioplastic Packaging Market-Insights
A bioplastic is a biodegradable group of polymers that are manufactured using renewable-based sources. Conventional plastics is hazardous due to the impact on the environment and their heavy reliance on the oil and gas industry for raw materials such as naphtha. Conventional plastic is widely used for packaging of casings, electronics, and food products, amongst others. This, in turn, is negatively impacting the environment, leading to increasing land and marine pollution.
Major factors driving growth of the global bioplastic market is rising adoption of bioplastic packaging solutions, due to their environment friendly and biodegradable nature. Bioplastics packaging solutions are effective packaging option as compared to plastic based packaging due to the large scale availability of degradable and renewable based raw materials used in the production of bioplastic packaging. Bioplastics significantly help in the reduction of poisonous VOC emissions as compared to conventional plastic packaging solutions.
However, biodegradable packaging is relatively expensive than conventional plastic. This is owing to high manufacturing cost of biodegradable material to offer properties similar to conventional plastic packaging. This is expected to be a major restraining factor for growth of the market. According to the European Bioplastics Organization, as of 2017, bioplastics represent a mere 1% of around 320 Mn tons of the global plastic production.
Global Bioplastic Packaging Market Share, By End-use Industry, 2016
Source: Coherent Market Insights (2018)
Food and beverages segment is expected to be dominant, accounting for 76.12% of the market share in terms of revenue in 2016, and is expected to reach 77.12% by 2025. It is expected to exhibit a CAGR of 27.94% over the forecast period. This is owing to high demand for bioplastic packaging in the food and beverages industry as companies are looking to switch to biodegradable packaging options especially for organic food and premium & customized products that have specific requirements. Rigid based bioplastic packaging options are available for consumer goods including creams, lipsticks as well as beverages. Companies are increasingly using products such as PLA, bio-PE, and bio-PET for these applications. For instance, companies such as Coca Cola, Volvic, and Heinz are using bio-PET in the production of bottles for beverages and other fluid products. P&G uses bio-PE for the packaging of cosmetics. Flexible bioplastic packaging such as films are useful in packaging of fruits and vegetables, in order to increase the shelf-life. There are numerous thermoplastic packaging options available for application in the food and beverages industry depending on the requirement. Bioplastic packaging is refined and easily flexible solution in order to meet specific preservation and requirement needs. Bioplastics aid in increasing the shelf life of products. This is due to its properties such as antimicrobial coating. Bioplastics are expected to replace conventional plastic packaging in numerous industries as a result of their unique properties. Bioplastic packaging offer the same properties with added advantages over conventional plastics in the market. Manufacturers are adopting numerous organic and inorganic growth strategies such as mergers and acquisitions in order to increase their market share in the global bioplastic packaging market. For instance Cardia Bioplastics merged with Stellar Films Group in 2015. The merger will result in Cardia Bioplastics acquiring Stellar Films and thus resulting in the company entering the bioplastic films business. This has resulted in diversifying the company’s product portfolio.
Some of the major players operating in the global bioplastic packaging market are BASF SE, Koninklijke DSM N.V., NatureWorks, LLC, Metabolix, Inc., and The Dow Chemical Company., among others.
Bioplastic packaging uses plastics that are manufactured from biomass sources. The sources of these plastics are renewable such as corn starch, vegetable oils, and microbes. Bioplastics are gaining significant traction. This can be attributed to increasing consumer awareness regarding use of bioplastics coupled with innovative product development, which offers improved product performance. The food and beverages end-use industry is the largest consumer of bioplastics. Rampant use of conventional plastics has contributed to land, air and water pollution. The use of bioplastics is expected to reduce the issue of pollution arising from the use of conventional plastics.
Market Dynamics
Europe held the largest market share in the global bioplastic packaging market in 2016. This is owing to high consumer awareness, supportive government initiatives, and continuous innovation in biodegradable packaging the market. Stringent regulations over conventional plastic use in food, beverage, and medical packaging has led to increasing adoption of these. Under the Plastic Bags Directive in the EU, consumers cannot use more than 90 bags a year by 2019, down from the EU average of 200 bags a year. This is expected to boost both demand and manufacturing capacity of bioplastics in the region. Demand for bio-PET product is increasing due to rising application of it in the food & beverages end-use industry segment. Key players in the food and beverage industry such as Coca-Cola Company and PepsiCo have started introducing bioplastic packaging for their products.
Key features of the study:
- This report provides in-depth analysis of the bioplastic packaging market and provides market size (US$ Billion and Kilo Tons) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017–2025), considering 2016 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global bioplastic packaging market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include BASF SE, Koninklijke DSM N.V., Solvay S.A., Braskem S.A., Novamont S.p.A, NatureWorks, LLC, Metabolix, Inc., and DowDuPont Inc., among others.
- Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launches, technology up-grades, market expansion, and marketing tactics
- The global bioplastic packaging market report caters to various stakeholders in this industry, including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the bioplastic packaging market
Detailed Segmentation:
- Global Bioplastic Packaging Market, By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- Global Bioplastic Packaging Market, By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- Global Bioplastic packaging Market, By Geography:
- North America
- U.S.
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- Canada
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- Europe
- U.K.
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- Germany
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- Italy
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- France
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- Russia
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- Rest of Europe
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- Asia Pacific
- China
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- India
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- Japan
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- ASEAN
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- Australia
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- South Korea
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- Rest of Asia Pacific
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- Latin America
- Brazil
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- Argentina
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- Rest of Latin America
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- Middle East
- GCC
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- Israel
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- Africa
- North Africa
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- Central Africa
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- South Africa
- By Product Type:
- TPS
- PLA
- PHA
- Bio-PE
- Bio-PA
- Bio-PET
- Bio-PP
- Others
- By Application:
- Food & Beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
- Others
- Company Profiles
- BASF SE*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Solvay S.A.
- Koninklijke N.V.
- NatureWorks LLC
- Arkema S.A.
- Braskem S.A.
- Metabolix Inc.
- Novamont S.p.A
- DowDuPont Inc.
- Innovia Films Ltd.
“*” marked represents similar segmentation in other categories in the respective section.
Table of Contents
- Research Objective and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- Promotion and Marketing Initiatives
- Cost Tier Down Analysis
- Global Bioplastic Packaging Market, By Product Type, 2016 – 2025, (US$ Billion and Kilo Tons)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, 2016–2025
- Segment Trends
- TPS
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Billion and Kilo Tons)
- PLA
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Billion and Kilo Tons)
- PHA
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Billion and Kilo Tons)
- Bio-PE
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Billion and Kilo Tons)
- Bio-PA
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Billion and Kilo Tons)
- Bio-PET
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Billion and Kilo Tons)
- Bio-PP
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Billion and Kilo Tons)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Billion and Kilo Tons)
- Global Bioplastic Packaging Market, By Application, 2016 – 2025, (US$ Billion and Kilo Tons)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, 2016–2025
- Segment Trends
- Food & Beverages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Billion and Kilo Tons)
- Consumer Goods
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Billion and Kilo Tons)
- Pharmaceutical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Billion and Kilo Tons)
- Industrial Goods
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Billion and Kilo Tons)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Billion and Kilo Tons)
- Global Bioplastic Packaging Market, By Region, 2016–2025, (US$ Billion and Kilo Tons)
- Introduction
- Market Share Analysis, By Region, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, For Regions, 2016–2025
- North America
- Market Share Analysis, By Country, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, By Country, 2016–2025
- U. S.
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- Canada
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- U. S.
- Europe
- Market Share Analysis, By Country, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, By Country, 2016–2025
- U.K.
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- Germany
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- Italy
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- France
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- Spain
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- Russia
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- Rest of Europe
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- U.K.
- Asia Pacific
- Market Share Analysis, By Country, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, By Country, 2016–2025
- China
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- India
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- Japan
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- ASEAN
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- Australia
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- South Korea
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- Rest of Asia Pacific
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- China
- Latin America
- Market Share Analysis, By Country, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, By Country, 2016–2025
- Brazil
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- Mexico
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- Argentina
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- Rest of Latin America
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- Brazil
- Africa
- Market Share Analysis, By Country, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, By Country, 2016–2025
- Northern Africa
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- Central Africa
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- South Africa
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- Northern Africa
- Middle East
- Market Share Analysis, By Country, 2016 and 2025 (%)
- Y-o-Y Growth Analysis, By Country, 2016–2025
- GCC
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- Israel
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- Rest of Middle East
- Country Trends
- Market Size and Forecast, By Product Type, 2016–2025, (US$ Billion and Kilo Tons)
- Market Size and Forecast, By Application, 2016–2025, (US$ Billion and Kilo Tons)
- Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- BASF SE
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Solvay S.A.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Koninklijke DSM N.V.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- NatureWorks LLC
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Arkema S.A.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Braskem S.A.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Metabolix Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Novamont S.p.A
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- DowDuPont Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Innovia Films Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- BASF SE
- Section
- References
- Research Methodology
- About Us and Sales Contact
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