Global Biopolymer Packaging Market Research Report 2022
Biopolymers are the biodegradable polymers made of starch, sugar, cellulose and many more.Biopolymers coating in the packaging retard unwanted moisture transfer in food products, are good oxygen and oil barriers, are biodegradable, and have potential to replace current synthetic paper and paperboard coatings.Biopolymerbased materials have gathered attention from packaging industry due to rising concerns in recent years from environmental as well as economic perspectives of traditional petroleum based polymers. Pharmaceutical industry has seen a lot of regulatory actionto raise the bar for packaging of products. It accounts for potential machines for 100% non-destructive inspection of seal integrity.
Due to the COVID-19 pandemic, the global Biopolymer Packaging market size is estimated to be worth US$ 7750.7 million in 2021 and is forecast to a readjusted size of US$ 18200 million by 2028 with a CAGR of 12.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Biopolymer Packaging market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Biopolymer Packaging landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Growing awareness among the population for the use of bio packaging to avoid various health issues has been contributing to the growth of the market. The packaging industry is under considerable regulatory and public pressure, and there is the potential for significant substitution of petrochemical polymers with biopolymers and bio-derived polymers. Packing in general, is expected to experience high growth owing to the ageing population, smaller households and desire for better and more convenient packaging among the population. The need for packaging contributes to the high adoption rates for bio packaging, owing to increasing concerns, such as global warming and green ecosystems, etc.
This report focuses on Biopolymer Packaging volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Biopolymer Packaging market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Biopolymer Packaging Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Polylactides (PLA)
Bio-Polyethylene (PE)
Bio-PolyethyleneTerephthalate(PET)
Starch
Cellulose
Others
Segment by Application
Cartons
Bags & Pouches
Bottles & Cans
Ampoules and Vials
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Arkema
BASF
NatureWorks
Plantic
Biome Technologies
Plantic Technologies
Bio-On
Toray Industries
Spectra Packaging
United Biopolymers
Due to the COVID-19 pandemic, the global Biopolymer Packaging market size is estimated to be worth US$ 7750.7 million in 2021 and is forecast to a readjusted size of US$ 18200 million by 2028 with a CAGR of 12.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Biopolymer Packaging market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Biopolymer Packaging landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Growing awareness among the population for the use of bio packaging to avoid various health issues has been contributing to the growth of the market. The packaging industry is under considerable regulatory and public pressure, and there is the potential for significant substitution of petrochemical polymers with biopolymers and bio-derived polymers. Packing in general, is expected to experience high growth owing to the ageing population, smaller households and desire for better and more convenient packaging among the population. The need for packaging contributes to the high adoption rates for bio packaging, owing to increasing concerns, such as global warming and green ecosystems, etc.
This report focuses on Biopolymer Packaging volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Biopolymer Packaging market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Biopolymer Packaging Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Polylactides (PLA)
Bio-Polyethylene (PE)
Bio-PolyethyleneTerephthalate(PET)
Starch
Cellulose
Others
Segment by Application
Cartons
Bags & Pouches
Bottles & Cans
Ampoules and Vials
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Arkema
BASF
NatureWorks
Plantic
Biome Technologies
Plantic Technologies
Bio-On
Toray Industries
Spectra Packaging
United Biopolymers
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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