Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Bio Plastic Packaging size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 17.79% during the review period (2022 to 2027).
Plastic is largely used for because of its barrier to moisture, no leakage property, flexibility and lightweight. It is possible for bioplastic to address few of the toughest challenges posed by conventional plastic. There are three primary groups of bioplastic material packaging: Bio-based non-biodegradable materials, bio-based & biodegradable materials and fossil-based & biodegradable materials. Bioplastics are plastic materials which are produced from renewable biomass sources like corn starch, woodchip, sawdust, straw, recycled food waste and vegetable fats and oils.
Power Station is the key application of Healthcare IT, which held 4/5 of the market in 2019.
Above than 1MW took about half of the market in 2019, which is the largest of all the types.
Industry News:
NOVAMONT BIOPLASTICS AND BIO-BASED PRODUCTS AT K 2019
Among this year's innovations are new MATER-BI grades for fruit and vegetable bags with increased renewable material content and for compostable 5-layer barrier film
16 October 2019 – Novamont's new R&D and engineering achievements are being showcased at K2019, the no. 1 fair for the plastics and rubber sector, which this year is focussing on the circular economy and sustainability.
A large number of innovations and new initiatives are on show at the Novamont stand at K2019 (hall 6 - stand A58).
By Type, it is segmented into
The regions involved in the production of bioplastic packaging materials and leading key market players are from the regions like North America, Europe APAC, and the other parts of the World. Extension of the international bioplastics packaging market in the above-mentioned regions is inherent to the standing of their corresponding Food and Beverages industries.
In the market of bioplastics packaging, the region of Europe is expected to be the leading region in the international market over the forecast period. Asia-Pacific and North America will be the next profitable regions in the international bioplastics packaging market growth. Japan, China Germany, and the United States will show an exceptional rise in the market of bioplastics packaging.
All these factors greatly affect the Bio Plastic Packaging growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
The Bio Plastic Packaging describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Bio Plastic Packaging report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes
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Report Details |
Forecast Period 2022 to 2028 CAGR |
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CAGR of 17.79% during the review period (2022 to 2027). |
By Type |
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By Applications |
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By Companies
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| NatureWorks, BASF, Novamont, Futamura, Taghleef Industries, BIOTEC, Jinhui Zhaolong, API, Agrana Starke, Danimer Scientific, Zhejiang Hisun Biomaterials, Kaneka, Xinjiang Blue Ridge Tunhe Polyester, Mitsubishi Chemical, FKuR Kunststoff, BIO-FED, Biome Bioplastics, GRABIO, CARBIOLICE, United Biopolymers and others. |
Regions Covered
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2021 |
Forecast Year
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2022 to 2027 |
Number of Pages |
| 124 |
Customization Available
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| Yes, the report can be customized as per your needs |
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.
What is the study period of this market?
The Bio Plastic Packaging is studied from 2017 - 2027.
What is the growth rate of Bio Plastic Packaging?
The Bio Plastic Packaging is growing at a CAGR of 7.61% over the next 5 years.
Who are the key players in Bio Plastic Packaging?
NatureWorks, BASF, Novamont, Futamura, Taghleef Industries, BIOTEC, Jinhui Zhaolong, API, Agrana Starke, Danimer Scientific, Zhejiang Hisun Biomaterials, Kaneka, Xinjiang Blue Ridge Tunhe Polyester, Mitsubishi Chemical, FKuR Kunststoff, BIO-FED, Biome Bioplastics, GRABIO, CARBIOLICE, United Biopolymers and others.
What region does this Bio Plastic Packaging 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 Bio Plastic Packaging?
Starch Blends, PLA, PBAT, Other
What are the major Applications of Bio Plastic Packaging?
Flexible Packaging, Rigid Packaging, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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