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.
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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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| Bioplastic Packaging Material Market |
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, NatureWorks, 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
•
Genomatica
•
Toray
•
Novozymes
•
Versalis
•
Lanzatech
On the basis of product, this report
displays the production, revenue, price, market share and growth rate of each
type, primarily split into
•
Bio-PET
•
PLA & PLA Blends
•
Starch Blends
•
Bio-PE
•
Others
On the basis of the end
users/applications, this report focuses on the status and outlook for major
applications/end users, consumption (sales), market share and growth rate for
each application, including
•
Flexible Packaging
•
Rigid Packaging
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