Global Bioplastic Packaging Market to 2025 - Increasing Awareness Among Customers About the Adverse Impact of Conventional Plastics

DUBLIN, Aug. 24, 2018 /PRNewswire/ --

The "Bioplastic Packaging Market to 2025 - Global Analysis and Forecasts by Product, Type, and Application" report has been added to ResearchAndMarkets.com's offering.

In terms of revenue, the global bioplastic packaging market is expected to grow to US$ 25,395.8 million by 2025 from US$ 4,399.7 million in 2017.

Also, in terms of volume, the global bioplastic packaging market is estimated at 1,047.5k Tons in 2017, growing at a CAGR of 18.1% to account for 3,953.0k Tons in 2025. The demand for Bioplastic Packaging is largely influenced by a number of factors mainly due to the stringent government regulations for reuse and recycling of plastic waste, and raising awareness for sustainable packaging solutions among customers as well as manufacturers. On the basis of type, starch blends accounted for largest share of the Bioplastic Packaging market in 2017 in terms of revenue.

The Bioplastic Packaging market is fragmented with the presence of several manufacturers and the competitive dynamics in the market is expected to change during the upcoming years. Majority of the companies in the bioplastic packaging market are located in the Asia-Pacific region as well as in Europe. Currently, high demand for bioplastic packaging is noticed in developing as well as developed regions such as Asia and Africa owing to the significant need to control environmental pollution, increasing consumer awareness, and supporting government initiatives.

On the basis of application, food & beverages are the leading segments owing to an early adopter of the bioplastic packaging solutions. Several SMEs, as well as bigger F&B companies, are already using bioplastic for their packaging applications. In 2013, companies such as Coca-Cola, Heinz, P&G, and Unilever among others joined the World Wildlife Fund to introduce the Bioplastic Feedstock Alliance.

Also, Nestle is making use of bioplastics such as bio-PE, bio-PET, and PLA for food packaging. In August 2018, Iceland Foods Ltd., a U.K. based supermarket chain announced its plans to eliminate the use of plastic packaging by 2023. This is expected to impact several F&B suppliers to move towards bioplastic packaging. In February 2017, PepsiCo. Inc. partnered with Danimer Scientific to develop biodegradable film resins for PepsiCo's F&B business. This agreement was a part of PepsiCo's 2025 sustainability agenda focused on reducing greenhouse gas emissions.

Key Topics Covered:

1. Introduction

1.1 Scope of the Study

1.2 Research Report Guidance

2. Key Takeaways

3. Bioplastic Packaging Market Landscape

3.1 Market Overview

3.2 Market Segmentation

3.2.1 Global Bioplastic Packaging Market - by Product

3.2.2 Global Bioplastic Packaging Market - by Type

3.2.3 Global Bioplastic Packaging Market - by Application

3.2.4 Global Bioplastic Packaging Market - by Geography

3.3 Pest Analysis

4. Bioplastic Packaging Market - Key Industry Dynamics

4.1 Key Market Drivers

4.1.1 Increasing Awareness Among Customers About the Adverse Impact of Conventional Plastics

4.1.2 Surge In Need For Sustainable Packaging Solution

4.1.3 Rising Government Support For the Incorporation of Bioplastic In Packaging

4.2 Key Market Restraints

4.2.1 High Cost of Bio-Based Packaging Than Conventional Plastic Packaging

4.3 Key Market Opportunities

4.3.1 Development of New Technology and Processes

4.4 Future Trends

4.4.1 Emergence of Novel Bioplastic Materials

4.5 Impact Analysis of Drivers and Restraints

5. Bioplastic Packaging Market - Global Market Analysis

5.1 Global Bioplastic Packaging Market Overview

5.2 Global Bioplastic Packaging Market Forecast and Analysis

6. Bioplastic Packaging Market Revenue and Forecast To 2025 - Product

6.1 Overview

6.2 Global Bioplastic Packaging Market Breakdown, by Product, 2017 & 2025

6.3 Starch Blends Market

6.4 Polylactic Acid Market

6.5 Polyethylene Terephthalate Market

6.6 Polyhydroxyalkanoates Market

6.7 Polyethylene Market

6.8 Others Market

7. Bioplastic Packaging Market Revenue and Forecast To 2025 - Type

7.1 Overview

7.2 Global Bioplastic Packaging Market Breakdown, by Type, 2017 & 2025

7.3 Rigid Packaging Market

7.4 Flexible Packaging Market

8. Bioplastic Packaging Market Revenue and Forecast To 2025 - Application

8.1 Overview

8.2 Global Bioplastic Packaging Market Breakdown, by Application, 2017 & 2025

8.3 Food & Beverages Market

8.4 Consumer Goods Market

8.5 Cosmetic & Personal Care Market

8.6 Pharmaceuticals Market

8.7 Others Market

9. Bioplastic Packaging Market - Geographical Analysis

10. Industry Landscape

10.1 Market Initiative

10.2 Merger and Acquisition

10.3 New Development

11. Competitive Landscape

11.1 Competitive Product Mapping

11.2 Market Positioning - Global Top 5 Players Ranking

12. Bioplastic Packaging Market, Key Company Profiles

• The List of Companies:
• NatureWorks LLC
• Arkema
• Novamont S.p.A.
• BASF SE
• Braskem
• Corbion N.V.
• Cardia Bioplastic Packaging
• Evonik Industries AG
• Koninklijke DSM N.V.
• Dow Chemical Company

For more information about this report visit https://www.researchandmarkets.com/research/b92mqq/global_bioplastic?w=5

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content with multimedia:http://www.prnewswire.com/news-releases/global-bioplastic-packaging-market-to-2025---increasing-awareness-among-customers-about-the-adverse-impact-of-conventional-plastics-300702050.html

SOURCE Research and Markets