Bioplastic Rigid Packaging Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Arkema, Dow, NatureWorks, Heritage Pioneer Corporate Group, Novamont

Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Bioplastic Rigid Packaging Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.7% during the review period (2022 to 2027).

Bioplastic Rigid Packaging Market Overview

Improvement in recycling standards for packaging globally pushes the Bioplastic Rigid Packaging Market growth. Recycling decreases the consumption of raw materials, which reduces water and air pollution. This aids in diminishing greenhouse gases. Reuse and recycling of packaging materials have gained significant attention globally over the last few years. Due to the rising environmental concerns, there has been a rise in demand for recyclable products, thus paving the way for the foray of various recycling infrastructures for plastics, which in turn is propelling the growth of the market for Bioplastic Rigid Packaging.

Moreover, the growth in global consumption of consumer goods boosts the demand for Bioplastic Rigid Packaging worldwide. The consumer-packaged goods (CPG) industry has witnessed significant growth which was largely driven by developing markets due to consumer expenditure growth. These have positively anticipated propelling the growth of the Global Bioplastic Rigid Packaging Market. Increasing demand for biodegradable Bioplastic Rigid Packaging is anticipated to fuel market growth in the upcoming years. People are getting more inclined toward beverages and other household care products which will have a positive impact on the market.

Recent Developments:

November 2020, Amcor adapted its leading-edge engineering and design technology, in order to develop the lightest 900-ml Polyethylene Terephthalate (PET) bottle for edible oil in Brazil. The custom-designed container for agribusiness and food producer Bunge in São Paulo is 22% lighter than competitive bottles while offering greater productivity and sustainability benefits.

September 2020, ALPLA Group announced expanding its global recycling activities. The company is building a plant in Mexico for recycling HDPE and it has planned to produce 15,000 tons of post-consumer recycled material annually.

Who are the Major Players in Bioplastic Rigid Packaging Market?

The global Bioplastic Rigid Packaging includes identification and analysis of the various market participants competing in the global market. Prominent competitors include Arkema, Dow, NatureWorks, Heritage Pioneer Corporate Group, Novamont, Metabolix, Reverdia, Solvay, Bioamber, Corbion, Amcor, Berry Plastics  many others

What are the major Applications, Types and Regions for Bioplastic Rigid Packaging Market?

Bioplastic Rigid Packaging Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Bio-PET


• Bio-PP

By Application it is segmented into

• Food & Beverages


• Kitchen Utensils


• Electronics Industries


• Others

Bioplastic Rigid Packaging Market Regional Analysis

In 2021, the Asia-Pacific region held a 42% share of the global market for rigid plastic packaging. Due to the rising demand for rigid plastic packaging in developing nations like China, Japan, India, and South Korea, the Asia Pacific region is anticipated to maintain its market dominance during the forecast period. Throughout the forecast period, China is anticipated to maintain its lead in the rigid plastic packaging market. This is a result of the country's expanding food and beverage, personal care and cosmetics, and pharmaceutical industries.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

What is our Bioplastic Rigid Packaging Market report scope?

Key Takeaways from this Bioplastic Rigid Packaging Report

• Evaluate Bioplastic Rigid Packaging market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Bioplastic Rigid Packaging market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.


• It further investigates the specifics that are positively impacting the profit graph of this business sphere.


• The study also elaborates the critical factors which will augment the commercial terrain of the Bioplastic Rigid Packaging market.

Frequently Asked Questions

What is the study period of this market?

The Bioplastic Rigid Packaging Market is studied from 2017 - 2027.

What is the growth rate of Bioplastic Rigid Packaging Market?

The Bioplastic Rigid Packaging Market is growing at a CAGR of 4.7% over the next 5 years.

Who are the leading key players in Bioplastic Rigid Packaging Market?

Arkema, Dow, NatureWorks, Heritage Pioneer Corporate Group, Novamont, Metabolix, Reverdia, Solvay, Bioamber, Corbion, Amcor, Berry Plastics

What regions does this Bioplastic Rigid Packaging Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Bioplastic Rigid Packaging Market?

Bio-PET, Bio-PP

What are the significant Applications of Bioplastic Rigid Packaging Market?

Food & Beverages, Kitchen Utensils, Electronics Industries, Other

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.