Global Biopolymer Packaging Market- Industry Analysis and Forecast, 2020 – 2026

Global Biopolymer Packaging Market is expected to reach USD XX Mn. by 2026. Biopolymer is naturally occurring polymer that is created from organic and plant based materials, which helps to manufacture plastic. In present time the companies are focusing on to increase the production capabilities of biopolymers.

Biopolymers are currently used in food coatings, food packaging materials and encapsulation matrices for functional foods. In order to increase sustainability and maintaining quality in food industry, the use of biopolymer packaging is an attractive and ecofriendly alternative due to its availability at low cost, ease in production, and renewable raw material and biomass usage. Polysaccharides, proteins, lipids, and polyesters are the four types of biopolymers that are widely used in packaging.

The report has profiled ten key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimating the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in APAC region. Major country’s policies about manufacturing and its impact on market demand are covered in the report.
Market Dynamics of Global Biopolymer Packaging Market

The growing concern regarding greenhouse emission and emphasize on waste management have created interest in biopolymer packaging. However, the government stressed on pollution free economic growth, and impact on consumer’s concern about corona virus and its ability to survive on the surface led companies to look for new packaging and material that exhibit antiviral properties. Day to day increasing in new packaging materials for food products and consumer goods suggests to rise demand of biopolymer across the globe.

According to a study by Institute of Bioplastics and Bio composites in the year 2016, bioplastics production increased from 1.6 to 2.0 million tons during the period 2013-2015, bio based non-degradable polymers had the share of 0.9-1.3 tons and biodegradable plastics 0.6-0.7 million tons and it may attain 1.7 million tons by 2020. The shares of bio based non-degradable and biodegradable plastics were 63.7% and 36.3%, respectively.
Market Segmentation of Global Biopolymer Packaging Market

The Biopolymer Packaging market is segmented on the basis of Material Type, Industry and by geographical region. Based on Material Type market has segmented into Non-biodegradable (PET, PA, PTT, Other Material Types) and Biodegradability (PLA, PBAT, Starch Blends, Other), by industry Food & Beverages, Retail, Healthcare, Personal care/Homecare, and Others, and based on geography market is segmented into North America, Europe, Asia-pacific, Middle East & Africa, and South America.



Scope of Global Biopolymer Packaging Market

The market is divided into three main segments and further into sub-segments to forecast the market size by value.
Global Biopolymer Packaging Market, By Material Type

• Non-biodegradable
o PA
o Other Material Types
• Biodegradability
o Starch Blends
o Others

Global Biopolymer Packaging Market

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Biodegradable segment is expected to grow by XX% in forecasting period

The Biodegradable segment is forecasted to command largest market share by 2026, as they are less toxic, have lesser side effects, and compostable in nature compared to Non-biodegradable packaging. Biodegradable polymers are used for both flexible and rigid packaging. It is used for organic food packaging as well as for premium branded products as requires. PLA is widely used for rigid packaging such as cosmetics packaging, beverages bottle packaging etc. Flexible packaging like films and trays are used for perishable food products such as fruits, vegetables to enable longer shelf life.
Global Biopolymer Packaging Market, By Industry

• Food & Beverages
• Retail
• Healthcare
• Personal care/Homecare
• Others

Global Biopolymer Packaging Market1

Food & Beverages industry is expected to command the largest market share of XX% by 2026.

The Food & Beverages industry is expected to receive huge market share during the forecasted period. Food & Beverages companies have stares to come with initiative to curb greenhouse gas emission. To support such moves PepsiCo collaborated with the Danimer Scientific for the development of Danimer Scientifics’ biodegradable film resins to meet the sustainable flexible packaging requirements of PepsiCo’s global food and beverage business.
Global Biopolymer Packaging Market, By Geographical Region

• North America
• Europe
• Asia-pacific
• Middle East & Africa
• South America

Global Biopolymer Packaging Market2

Asia-pacific is expected to command the largest market share of XX% by 2026.

Asia-pacific region will drive the market in forecasted period. In accordance with the data released by the European Bioplastics, roughly around 56% of the total bioplastics production is made for and by the region of Asia Pacific. Compared to the year 2016, data suggests that the country has increased production capacity by 28%. Moreover, the Chinese government has emphasized on pollution free economic growth, which led Chinese plastic maker companies to look for biodegradable materials. This move of Chinese government will boost the use of biopolymer in various industry in the region. However, multiple companies are likely to invest more in APAC region as consumer awareness is increasing and emerging economies. In addition countries such as India are also providing favorable tax benefits towards environment friendly tech & solutions.
Covid-19 impact on Biopolymer Packaging Market

In December 2019 the coronavirus outburst in Wuhan, China, and then it spread across the globe. US, India, Spain, Germany, France, and Russia are the most affected countries in the world in terms of confirmed cases and deaths by the June 2020. Due to the covid-19 outbreak government of different countries enforced lockdown, travel ban, and industrial & business shutdowns in the countries. Chemical & Materials is one of them facing disruptions like supply chain break, office shutdowns, fluctuation in share market etc. The global economic break-down is also affecting the growth of the biopolymer packaging market.

The report also helps in understanding Global Biopolymer Packaging Market dynamics, structure by analyzing the market segments and project the Global Biopolymer Packaging Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Biopolymer Packaging Market make the report investor’s guide.
Competitive Insight of Biopolymer Packaging Market

The market is fragmented with the presence of various domestic and international key players in the market like Baraskem SA, Arkema SA, BASF SE, Toray Industries Inc. and many more. These firms are able to gain a competitive advantage over other players due to their ability to consistently innovate their products that could meet the demands of their consumers. This is possible due to their continued investments in research and development activities, mergers and acquisitions and strategic partnerships with other firms or institutions.
Scope of the Biopolymer Packaging Market: Inquire before buying

Global Biopolymer Packaging Market3
Key players of Biopolymer Packaging Market

• Arkema Group
• Biome Bioplastics Limited
• Cardia Bioplastics
• Innovia Films
• NatureWorks LLC
• Plantic Technologies Limited
• Spectra packaging ltd
• United Biopolymers S.A.
• The Dow Chemical Company

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