Bioplastic Packaging Market Research Report - Forecast to 2021
Global Bioplastic Packaging Market Information by Type (Bio-PET, PLA & PLA blends, Bio-PP, and others) by Application (Food & Beverages, Pharmaceuticals, Food service, and others) and Region - Forecast to 2021 Globally there is a surge in the food & beverages and pharmaceutical industries which has augmented the market for bioplastic packaging. With rapid urbanization and change in lifestyles, the consumption of convenience packaged food products have gone high. This results in growth of food & beverage industries. This further has stimulated the market for bioplastic packaging. Global bioplastic packaging market is segmented on the basis of Type, Application and Region. On the basis of type it is segmented as Bio-PET, PLA & PLA blends, Bio-PP, and others. On the basis of application it is segmented as food & beverages, food service, and others. Additionally on the basis of region, it is segmented as North America, Europe, APAC and Rest of the World. Request Report Sample @ https://www.marketresearchfuture.com/sample_request/1498
Global Bioplastic Packaging Market Information by Type (Bio-PET, PLA & PLA blends, Bio-PP, and others) by Application (Food & Beverages, Pharmaceuticals, Food service, and others) and Region - Forecast to 2021
Globally there is a surge in the food & beverages and pharmaceutical industries which has augmented the market for bioplastic packaging. With rapid urbanization and change in lifestyles, the consumption of convenience packaged food products have gone high. This results in growth of food & beverage industries. This further has stimulated the market for bioplastic packaging.
Global bioplastic packaging market is segmented on the basis of Type, Application and Region. On the basis of type it is segmented as Bio-PET, PLA & PLA blends, Bio-PP, and others. On the basis of application it is segmented as food & beverages, food service, and others. Additionally on the basis of region, it is segmented as North America, Europe, APAC and Rest of the World.
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<strong>Bioplastic</strong> <strong>Packaging</strong> <strong>Market</strong> <strong>Research</strong> <strong>Report</strong> - Global<br />
<strong>Forecast</strong> <strong>to</strong> <strong>2021</strong><br />
Industry Survey, Growth, Competitive Landscape<br />
and <strong>Forecast</strong>s <strong>to</strong> <strong>2021</strong><br />
PREPARED BY<br />
<strong>Market</strong> <strong>Research</strong> Future<br />
(Part of Wantstats <strong>Research</strong> & Media Pvt. Ltd.)
<strong>Bioplastic</strong> <strong>Packaging</strong> <strong>Market</strong><br />
Global <strong>Bioplastic</strong> <strong>Packaging</strong> <strong>Market</strong> Information by Type (Bio-PET, PLA & PLA blends, Bio-PP, and others) by Application<br />
(Food & Beverages, Pharmaceuticals, Food service, and others) and Region - <strong>Forecast</strong> <strong>to</strong> <strong>2021</strong><br />
Global <strong>Bioplastic</strong> <strong>Packaging</strong> <strong>Market</strong> - Overview<br />
<strong>Bioplastic</strong>s are a biodegradable group of polymers that can be manufactured from renewable sources. Demand for conventional polymers are declining<br />
mainly due <strong>to</strong> the fact that they can last for a very long time, can be hazardous <strong>to</strong> current life and the ecosystem. Hence, the demand for <strong>Bioplastic</strong>s is<br />
increasing rapidly.<br />
According <strong>to</strong> a recent study report published by the <strong>Market</strong> <strong>Research</strong> Future, The global market of <strong>Bioplastic</strong> <strong>Packaging</strong> is booming and expected <strong>to</strong><br />
gain prominence over the forecast period. The Global <strong>Bioplastic</strong> <strong>Packaging</strong> market is forecasted <strong>to</strong> demonstrate an exponential growth by 2023,<br />
surpassing its previous growth records in terms of value with a whooping, CAGR during the estimated period (2017 – 2023).<br />
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<strong>Bioplastic</strong> <strong>Packaging</strong> <strong>Market</strong><br />
Key Players:<br />
BASF SE, Dow Chemical Company, Koninklijke DSM N.V., Eastman Chemical Company, NatureWorks LLC, Metabolix Inc., Arkema Group,<br />
Novamont S.p.A., Biome <strong>Bioplastic</strong>s Limited., FKuR Kunsts<strong>to</strong>ff and DaniMer Scientific LLC. are some of the prominent players profiled in MRFR<br />
Analysis and are at the forefront of competition in the Global <strong>Bioplastic</strong> <strong>Packaging</strong> <strong>Market</strong>.<br />
Competitive Analysis<br />
Global <strong>Bioplastic</strong> <strong>Packaging</strong> <strong>Market</strong> appears <strong>to</strong> be highly fragmented and competitive owning <strong>to</strong> the presence of numerous large and small players active<br />
in regional market. The key strategies traced from the analysis of recent developments of the key players include Product Launch, Agreement &<br />
Partnership, Acquisition and expansion. Strategic partnerships between Key players support the growth and expansion plans of the key players during<br />
the forecast period. On the product and sales side, companies are investing in innovation/R&D, brand building, and fostering strong relationships with<br />
cus<strong>to</strong>mers <strong>to</strong> support their competitive position.<br />
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<strong>Bioplastic</strong> <strong>Packaging</strong> <strong>Market</strong><br />
Industry News<br />
In March 2017, FKuR, <strong>Bioplastic</strong>s producer, has launched new Bio-Flex Blends for home compostable films and packaging. It meet the stringent<br />
requirements of the French Energy Transition Law for plastic bags. The new Bio-Flex blends are designed for the production of low gauge films that<br />
will biodegrade completely in garden compost at low, variable temperatures.<br />
In April 2017, UK-based bioplastics manufacturer, Biome <strong>Bioplastic</strong>s has unveiled a plastic made from plant-based sources intended for the production<br />
of takeaway beverage cups. The company has launched a range of bio-based plastics for cups and lids <strong>to</strong> enable retailers and packaging manufacturers <strong>to</strong><br />
offer consumers a more sustainable option.<br />
In May 2017, BASF introduces an entirely new and partly bio-based copolyamide for packaging. It offers greater transparency, increased softness and<br />
improved tear and puncture resistance even at low temperatures, making it ideal for soft packaging.<br />
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<strong>Bioplastic</strong> <strong>Packaging</strong> <strong>Market</strong><br />
Segmentation<br />
On the basis of type, market is segmented in<strong>to</strong> Bio-PET, PLA & PLA blends, Bio-PP, and others. PLA bases bioplastics are expected <strong>to</strong> be influenced by<br />
incorporation of nanotechnology-based packaging that makes them environmentally safe and ensures the safety of products as well.<br />
Based on Application segment the market is segmented in<strong>to</strong> Food & Beverages, Pharmaceuticals, Food service, and others. Plastic segment dominates<br />
material segment of the market. Food & Beverage segment dominates end user segment of the market. Rising demand for food & beverages among the<br />
consumers driving the growth of the market. The pharmaceutical industry is also contributing <strong>to</strong> the growth of bioplastic packaging market with high<br />
demand for such packaging.<br />
Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.<br />
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<strong>Bioplastic</strong> <strong>Packaging</strong> <strong>Market</strong><br />
Major Players<br />
The key players of Global <strong>Bioplastic</strong> <strong>Packaging</strong> <strong>Market</strong> report include- BASF SE, Dow Chemical Company, Koninklijke DSM N.V., Eastman Chemical<br />
Company, NatureWorks LLC, Metabolix Inc., Arkema Group, Novamont S.p.A., Biome <strong>Bioplastic</strong>s Limited., FKuR Kunsts<strong>to</strong>ff and DaniMer Scientific<br />
LLC.<br />
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