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Bioplastic Packaging Market Analysis Report and Forecast Upto 2021

Research Report on Global Bioplastic Packaging Market 2014 to 2021 added by DecisionDatabases.com studies the current and upcoming Market.
sumona gupta | 15.12.2016
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The Bioplastic Packaging Market Research Report provides forecast and estimates for each application in terms of Market Size, Share, Trend & Growth during the study period Upto 2021.

Bioplastic packaging is a packaging material derived from bio-based resins contrary to petrochemical based. Resins provide properties like tensile strength, enhanced impact resistance, etc. to the packaging material and protect the packed product. Bioplastics are majorly used by packaging industry, especially for non-durable products. It functions for one-time use, which leads the packaging products to be wastes. Hence, there is crucial need for biodegradable bioplastic packaging. In addition, there is need and demand for sustainable and renewable packaging products.

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Polylactic acid (PLA), bio-PET, bio-PP, PHA, etc. are the bio-based resins used in the production of bioplastic packaging. This has boosted its applications in food and beverages, kitchen utensils and electronics industries. Global bioplastic packaging market is segmented based on product types as non-biodegradable and biodegradable. Non-biodegradable is further segmented as bio-PET, bio-PE, PTT and others; and biodegradable as PLA, biodegradable starch blends, biodegradable polyesters and others that includes PHA, regenerated cellulose, etc. Based on end-use, global bioplastic packaging market is segmented as food packaging, beverage packaging, foodservice packaging, and medical packaging.

Major player assessed in the report are :
- BASF SE
- Braskem S.A.
- Koninklijke DSM N.V.
- Arkema S.A.
- Innovia Films, Ltd.
- Metabolix, Inc.
- More

Food and beverages, pharmaceuticals, and others that include consumer goods, agriculture, etc. are the leading sectors in global bioplastic packaging market. Textiles is the potential sector of application for global bioplastic packaging market. Consumer awareness for biorenewable products will drive the global bioplastic packaging market. As a substitute to petrochemical-based packaging material, bioplastic packaging materials are in focus of the chemical manufacturers. These manufacturers are investing in the research and development of bioplastic based packaging for cost efficiency and reducing greenhouse gas emission.

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Owing to the stringent regulations on environment, Europe is expected to be the largest markets in global bioplastic packaging industry. Asia Pacific is projected to be a potential market over the forecast period. Flourishing packaging industry in countries such as India and China will drive the Asia Pacific bioplastic packaging market. Pharmaceutical, food & beverage, and consumer goods are expected to add rapid growth to Asia Pacific bioplastic packaging market.

Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.

SEGMENTATIONS IN REPORT :

Bioplastic Packaging By Types :

1. Biodegradable Bioplastic Packaging

- Polylactic acid (PLA)
- Biodegradable Starch Blends
- Biodegradable Polyesters
- Others (Includes PHA, Regenerated Cellulose, Etc.)

2. Non-Biodegradable Bioplastic Packaging
- Bio-PET
- Bio-PE
- PTT
- Others

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