Bioplastics For Packaging Market Snapshot (2023 to 2033)

The Bioplastics For Packaging Market is estimated to reach USD 11.6 billion in 2023. The market is projected to expand at 10.3% CAGR over the forecast period, to achieve USD 30.9 billion by 2033.

The study conducted by FMI estimates that the bioplastics for packaging market are expected to expand 1.7 times of base year value during the forecast period. This is expected to generate lucrative investment opportunities for the manufacturers.

The bioplastics for packaging industry analysis shows that global consumption of overall bioplastics for packaging increased at a year-on-year (YoY) growth of 10.3% in 2022. The film segment in the global bioplastics packaging industry is expected to hold a market share of more than 40.8% by 2033.

FMI team also analyzed that Italy and Germany are expected to hold a cumulative share of 48.8% of the bioplastics for packaging industry in the Western Europe region in 2023 and the China bioplastics for packaging market is expected to expand by 12.2% CAGR over the forecast period. The bioplastics for packaging industry is expected to be steered by the North American region which is expected to hold a prominent market share of more than 30.5% in 2023.

Attribute Details
Market Size 2022 USD 10.5 billion
Market Size 2023 USD 11.6 billion
Market Size 2033 USD 30.9 billion
Value CAGR (2023 to 2033) 10.3%
Value CAGR (2018 to 2022) 8.6%
Top 5 Companies Market Share 2023 More than 24.5%

How do the Versatility, Innovation, and Sustainability of Bioplastics, Contribute to the Growth of the Global Bioplastics for Packaging Market?

Bio-based plastics are extensively employed in several markets like packaging, consumer electronics, catering products, construction, automotive, and various other sectors. The packaging from bioplastics has evolved over the past decade.

New innovative materials such as PLA, PHA, and Bio PBS create packaging solutions with new functionalities like biodegradability, breathability, an increase in material strength, etc. Other new material like PEF offers better barrier properties than traditional polymers and can be easily mechanically recycled.

As per international standards, such as ISO 17088, ASTM 6400 (USA), and EN13432 (Europe), biopolymers are certified compostable. All the aforementioned factors are instrumental in its use in the packaging industry.

There is a high demand for bioplastic packaging for wrapping organic food also premium branded products. Materials such as PLA, bio-PE, or bio-PET are used in rigid bioplastics applications such as cosmetic packaging, beverage bottles, etc. In food, packaging biodegradability is the most sought feature.

Flexible packaging solutions like films enable longer life of the products. When it comes to protecting food the performance of bioplastic packaging is comparable and sometimes better than existing conventional packaging. Thus, the growth of bioplastics for packaging market is expected to jump significantly.

Historical (2018 to 2022) vs Forecast Market Outlook (2023 to 2033) for Bioplastics for Packaging

Driven by the growth of the sustainable packaging market across the globe, the bioplastics for packaging industry is anticipated to rise at 10.3% CAGR from 2023 to 2033. Plastic plays an essential role in protecting, providing, and delivering high-quality products in every market segment to consumers across the globe.

In the plastic industry, the leading market segment is the packaging segment. The enormous consumption of conventional plastic in packaging has resulted in overarching problems such as climate change and the future shortage of fossil resources, which has proliferated the search for better alternatives for plastic packaging.

Bioplastics are eco-friendly alternative solutions to traditional plastic solutions. Today, there is a bioplastic alternative for almost every traditional plastic material and application.

Bioplastics are bio-based, biodegradable, or both and offer similar or in some cases even better properties and functionalities as conventional plastics, also offer more benefits such as reduction of carbon footprint, organic recycling, better functionalities, etc.

With the growing environmental awareness of consumers, consumers want to buy products that have minimal impact on the environment. Furthermore, the ever-growing big brands are turning to compostable plastics solutions.

Due to Government regulations, the manufacturers are looking for innovative ways to reduce their environmental footprint and tapping into advanced technical properties that bioplastics have to offer. All these factors are expected to significantly drive bioplastics for packaging market.

Country-Wise Insights

Why is Germany Considered One of the Most Lucrative Markets for Bioplastics for Packaging Market?

Country Germany
Market Share % (2022) 6%

According to European Bioplastics (EUBP), bioplastic is a promising global market that is projected to grow significantly in the coming years. Innovative biopolymers like bio-based PP, PLA, and others continue to show a high growth rate. Every year around 4% of the oil is used to produce plastics globally.

With the rising global environmental crisis and the cost of oil rises, the Government and manufacturers are forced to take action to switch to a natural alternative. Germany supports the use and consumption of certified bio-based and compostable bio-waste garbage bags in the bio-waste ordinance since 2015.

The increasing government initiatives and promotion of bioplastic usage are expected to boost the market. The circular economy is the top priority for environmental policy in Germany and its people are aware of the importance of reducing plastic waste by opting the bio-based plastics to minimize the reliance on inadequate fossil resources.

What is the Impact of India on the Global Bioplastics for Packaging Market?

Country India
CAGR % (2023 to 2033) 10.9%

The Indian bioplastic for packaging is expected to expand at a CAGR of 10.9% during the forecast period.

According to Down to Earth, the Central Pollution Control Board report in 2018-19 specifies as much as 3.3 million metric tons of plastic waste generated in India. The single-use plastic packaging is on an exponential rise. So, in this pivotal time for bioplastic growth in India, the Indian Compostable Polymer Association was founded in 2018 to promote a sustainable circular economy and advocate compostable bioplastics in India.

In India, the increasing trend of supermarkets, malls, retail chains, and online shopping has created a huge demand for bags. The growing trend of outside food eating, quick-service restaurants, and food malls generated massive growth for single-serve cutlery and cups. Hence, bioplastic bags, and garbage waste bags made from renewable resources are gaining high momentum.

Bioplastic bags are also used in the industrial packaging of automobile parts, dust covers, and commercial applications in India due to the boom in the automobile sector. Thus, the increasing eco-awareness among consumers and stringent regulations imposed by the Government on single-use plastic consumption is expected to drive the Indian bioplastics for packaging market.

Category-Wise Insights

Why is Bio PET the Most Lucrative Segment among Other Materials for Bioplastics in Packaging Market?

Segment Bio PET
Market Share % (2022) 30.1%

Bio PET segment is expected to hold more than 30.1% market share by 2023. Bio PET is a form of biodegradable plastic and has mechanical and physical properties that make it suitable for packaging applications. They can be easily decomposed biologically or by industrial composting. Bio PET is a strong and versatile material that is used to produce a variety of products such as bottles, custom food packaging, and others.

Which End Use Offers Lucrative Growth Opportunity for Global Bioplastics for Packaging Market?

Segment Food & Beverages
Market Share % (2022) 78.9%

Food & beverages are considered to be the leading end-use for bioplastics for packaging market. Eating and drinking on the go have become a lifestyle. The cutlery, bags and the entire product spectrum can be made from bioplastics. These products can be used in sports events, street festivals, trains, plains, etc. On the back of these factors, the food & beverages segment is anticipated to hold ~78.9% of the market share throughout the forecast period.

Competitive Dashboard

The key manufacturers operating in the bioplastics for packaging industry are focusing on partnerships, expansion, and, innovative product launches to gain the customer’s attention.

  • In July 2021, Amcor Plc partnered with Syntegon to provide the coffee providers with a new mono-PE vacuum pack and it is designed to be recycled and more sustainable.
  • Braskem S.A. in February 2021 invested USD 61 million to boost its biopolymer production.
  • In September 2020, Corbion N.V. and Total Corbion PLA announced to build of the first world-scale PLA plant in Europe which is expected to have a capacity of 100,000 tons per annum.
  • Tetra Pak International SA and Braskem, its supplier, became the first firm in November 2019, to provide packaging with an overall traceable supply chain of bio-polymers in the food and beverage industry.

Key Players in the Market are

  • Braskem S.A
  • Corbion N.V.
  • Novamont S.p.A
  • NatureWorks LLC
  • Amcor Plc
  • Mondi Group
  • Tetra Pak International SA
  • ALPLA-Werke Alwin Lehner GmbH & Co KG
  • Berry Global Inc.
  • Uflex Ltd.
  • Toray Industries Inc.
  • BARBIER GROUP
  • Jolybar Group
  • Biome Bioplastics Limited
  • Plastipak Holdings, Inc.
  • Virent, Inc.
  • SECOS Group Limited
  • Evo & Co.

Scope of Bioplastics for Packaging Market Report

Attribute Details
Forecast Period 2023 to 2033
Historical Data Available for 2018 to 2022
Market Analysis USD billion for Value and Tones for Volume
Key Regions Covered North America; Latin America; Western Europe; Eastern Europe; Asia Pacific; and the Middle East & Africa (MEA)
Key Countries Covered The United States, Canada, Brazil, Mexico, Germany, Italy, France, the United Kingdom, Spain, Poland, Russia, GCC Countries, South Africa, China, and India
Key Segments Covered Material, Application, End Use, and Region
Key Companies Profiled Braskem S.A; Corbion N.V.; Novamont S.p.A; NatureWorks LLC; Amcor Plc; Mondi Group; Tetra Pak International SA; ALPLA-Werke Alwin Lehner GmbH & Co KG; Berry Global Inc.; Uflex Ltd.; Toray Industries Inc.; BARBIER GROUP; Jolybar Group; Biome Bioplastics Limited; Plastipak Holdings, Inc.; Virent, Inc.; SECOS Group Limited; Evo & Co.
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Bioplastics For Packaging Market by Category

By material:

  • Bio PET
  • Bio PA
  • Bio PE
  • Bio-PP
  • Bio-PS
  • PLA
  • PHA
  • Starch Blends
  • Others (PCL, PBAT etc.)

By application:

  • Bottles
  • Cups
  • Trays
  • Clamshell
  • Films
  • Bags
  • Pouch & Sachet
  • Others (Jars, Cans, etc.)

By end use:

  • Food & Beverages
  • Cosmetics & Personal Care
  • Pharmaceuticals
  • Consumer Goods
  • Industrial Goods
  • Others (Automotive, Electrical & Electronics)

By region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific except for Japan
  • Japan
  • Middle East & Africa

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
  • 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material
    • 5.1. Bio PET
    • 5.2. Bio PA
    • 5.3. Bio PE
    • 5.4. Bio-PP
    • 5.5. Bio-PS
    • 5.6. PLA
    • 5.7. PHA
    • 5.8. Starch Blends
    • 5.9. Others
  • 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
    • 6.1. Bottles
    • 6.2. Cups
    • 6.3. Trays
    • 6.4. Clamshell
    • 6.5. Films
    • 6.6. Bags
    • 6.7. Pouch & Sachet
    • 6.8. Others
  • 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End use
    • 7.1. Food & Beverages
    • 7.2. Cosmetics & Personal Care
    • 7.3. Pharmaceuticals
    • 7.4. Consumer Goods
    • 7.5. Industrial Goods
    • 7.6. Others
  • 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
    • 8.1. North America
    • 8.2. Latin America
    • 8.3. Europe
    • 8.4. Asia Pacific
    • 8.5. MEA
  • 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 14. Key Countries Market Analysis
  • 15. Market Structure Analysis
  • 16. Competition Analysis
    • 16.1. Braskem S.A
    • 16.2. Corbion N.V.
    • 16.3. Novamont S.p.A
    • 16.4. NatureWorks LLC
    • 16.5. Amcor Plc
    • 16.6. Mondi Group
    • 16.7. Tetra Pak International SA
    • 16.8. ALPLA-Werke Alwin Lehner GmbH & Co KG
    • 16.9. Berry Global Inc.
    • 16.10. Uflex Ltd.
    • 16.11. Toray Industries Inc.
    • 16.12. BARBIER GROUP
    • 16.13. Jolybar Group
    • 16.14. Biome Bioplastics Limited
    • 16.15. Plastipak Holdings, Inc.
    • 16.16. Virent, Inc.
    • 16.17. SECOS Group Limited
    • 16.18. Evo & Co.
  • 17. Assumptions & Acronyms Used
  • 18. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033

Table 2: Global Market Volume (Tonnes) Forecast by Region, 2018 to 2033

Table 3: Global Market Value (US$ Million) Forecast by Material, 2018 to 2033

Table 4: Global Market Volume (Tonnes) Forecast by Material, 2018 to 2033

Table 5: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 6: Global Market Volume (Tonnes) Forecast by Application, 2018 to 2033

Table 7: Global Market Value (US$ Million) Forecast by End use, 2018 to 2033

Table 8: Global Market Volume (Tonnes) Forecast by End use, 2018 to 2033

Table 9: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 10: North America Market Volume (Tonnes) Forecast by Country, 2018 to 2033

Table 11: North America Market Value (US$ Million) Forecast by Material, 2018 to 2033

Table 12: North America Market Volume (Tonnes) Forecast by Material, 2018 to 2033

Table 13: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 14: North America Market Volume (Tonnes) Forecast by Application, 2018 to 2033

Table 15: North America Market Value (US$ Million) Forecast by End use, 2018 to 2033

Table 16: North America Market Volume (Tonnes) Forecast by End use, 2018 to 2033

Table 17: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 18: Latin America Market Volume (Tonnes) Forecast by Country, 2018 to 2033

Table 19: Latin America Market Value (US$ Million) Forecast by Material, 2018 to 2033

Table 20: Latin America Market Volume (Tonnes) Forecast by Material, 2018 to 2033

Table 21: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 22: Latin America Market Volume (Tonnes) Forecast by Application, 2018 to 2033

Table 23: Latin America Market Value (US$ Million) Forecast by End use, 2018 to 2033

Table 24: Latin America Market Volume (Tonnes) Forecast by End use, 2018 to 2033

Table 25: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 26: Europe Market Volume (Tonnes) Forecast by Country, 2018 to 2033

Table 27: Europe Market Value (US$ Million) Forecast by Material, 2018 to 2033

Table 28: Europe Market Volume (Tonnes) Forecast by Material, 2018 to 2033

Table 29: Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 30: Europe Market Volume (Tonnes) Forecast by Application, 2018 to 2033

Table 31: Europe Market Value (US$ Million) Forecast by End use, 2018 to 2033

Table 32: Europe Market Volume (Tonnes) Forecast by End use, 2018 to 2033

Table 33: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 34: Asia Pacific Market Volume (Tonnes) Forecast by Country, 2018 to 2033

Table 35: Asia Pacific Market Value (US$ Million) Forecast by Material, 2018 to 2033

Table 36: Asia Pacific Market Volume (Tonnes) Forecast by Material, 2018 to 2033

Table 37: Asia Pacific Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 38: Asia Pacific Market Volume (Tonnes) Forecast by Application, 2018 to 2033

Table 39: Asia Pacific Market Value (US$ Million) Forecast by End use, 2018 to 2033

Table 40: Asia Pacific Market Volume (Tonnes) Forecast by End use, 2018 to 2033

Table 41: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 42: MEA Market Volume (Tonnes) Forecast by Country, 2018 to 2033

Table 43: MEA Market Value (US$ Million) Forecast by Material, 2018 to 2033

Table 44: MEA Market Volume (Tonnes) Forecast by Material, 2018 to 2033

Table 45: MEA Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 46: MEA Market Volume (Tonnes) Forecast by Application, 2018 to 2033

Table 47: MEA Market Value (US$ Million) Forecast by End use, 2018 to 2033

Table 48: MEA Market Volume (Tonnes) Forecast by End use, 2018 to 2033

List of Figures

Figure 1: Global Market Value (US$ Million) by Material, 2023 to 2033

Figure 2: Global Market Value (US$ Million) by Application, 2023 to 2033

Figure 3: Global Market Value (US$ Million) by End use, 2023 to 2033

Figure 4: Global Market Value (US$ Million) by Region, 2023 to 2033

Figure 5: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033

Figure 6: Global Market Volume (Tonnes) Analysis by Region, 2018 to 2033

Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 9: Global Market Value (US$ Million) Analysis by Material, 2018 to 2033

Figure 10: Global Market Volume (Tonnes) Analysis by Material, 2018 to 2033

Figure 11: Global Market Value Share (%) and BPS Analysis by Material, 2023 to 2033

Figure 12: Global Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033

Figure 13: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 14: Global Market Volume (Tonnes) Analysis by Application, 2018 to 2033

Figure 15: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 16: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 17: Global Market Value (US$ Million) Analysis by End use, 2018 to 2033

Figure 18: Global Market Volume (Tonnes) Analysis by End use, 2018 to 2033

Figure 19: Global Market Value Share (%) and BPS Analysis by End use, 2023 to 2033

Figure 20: Global Market Y-o-Y Growth (%) Projections by End use, 2023 to 2033

Figure 21: Global Market Attractiveness by Material, 2023 to 2033

Figure 22: Global Market Attractiveness by Application, 2023 to 2033

Figure 23: Global Market Attractiveness by End use, 2023 to 2033

Figure 24: Global Market Attractiveness by Region, 2023 to 2033

Figure 25: North America Market Value (US$ Million) by Material, 2023 to 2033

Figure 26: North America Market Value (US$ Million) by Application, 2023 to 2033

Figure 27: North America Market Value (US$ Million) by End use, 2023 to 2033

Figure 28: North America Market Value (US$ Million) by Country, 2023 to 2033

Figure 29: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 30: North America Market Volume (Tonnes) Analysis by Country, 2018 to 2033

Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 33: North America Market Value (US$ Million) Analysis by Material, 2018 to 2033

Figure 34: North America Market Volume (Tonnes) Analysis by Material, 2018 to 2033

Figure 35: North America Market Value Share (%) and BPS Analysis by Material, 2023 to 2033

Figure 36: North America Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033

Figure 37: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 38: North America Market Volume (Tonnes) Analysis by Application, 2018 to 2033

Figure 39: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 40: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 41: North America Market Value (US$ Million) Analysis by End use, 2018 to 2033

Figure 42: North America Market Volume (Tonnes) Analysis by End use, 2018 to 2033

Figure 43: North America Market Value Share (%) and BPS Analysis by End use, 2023 to 2033

Figure 44: North America Market Y-o-Y Growth (%) Projections by End use, 2023 to 2033

Figure 45: North America Market Attractiveness by Material, 2023 to 2033

Figure 46: North America Market Attractiveness by Application, 2023 to 2033

Figure 47: North America Market Attractiveness by End use, 2023 to 2033

Figure 48: North America Market Attractiveness by Country, 2023 to 2033

Figure 49: Latin America Market Value (US$ Million) by Material, 2023 to 2033

Figure 50: Latin America Market Value (US$ Million) by Application, 2023 to 2033

Figure 51: Latin America Market Value (US$ Million) by End use, 2023 to 2033

Figure 52: Latin America Market Value (US$ Million) by Country, 2023 to 2033

Figure 53: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 54: Latin America Market Volume (Tonnes) Analysis by Country, 2018 to 2033

Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 57: Latin America Market Value (US$ Million) Analysis by Material, 2018 to 2033

Figure 58: Latin America Market Volume (Tonnes) Analysis by Material, 2018 to 2033

Figure 59: Latin America Market Value Share (%) and BPS Analysis by Material, 2023 to 2033

Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033

Figure 61: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 62: Latin America Market Volume (Tonnes) Analysis by Application, 2018 to 2033

Figure 63: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 65: Latin America Market Value (US$ Million) Analysis by End use, 2018 to 2033

Figure 66: Latin America Market Volume (Tonnes) Analysis by End use, 2018 to 2033

Figure 67: Latin America Market Value Share (%) and BPS Analysis by End use, 2023 to 2033

Figure 68: Latin America Market Y-o-Y Growth (%) Projections by End use, 2023 to 2033

Figure 69: Latin America Market Attractiveness by Material, 2023 to 2033

Figure 70: Latin America Market Attractiveness by Application, 2023 to 2033

Figure 71: Latin America Market Attractiveness by End use, 2023 to 2033

Figure 72: Latin America Market Attractiveness by Country, 2023 to 2033

Figure 73: Europe Market Value (US$ Million) by Material, 2023 to 2033

Figure 74: Europe Market Value (US$ Million) by Application, 2023 to 2033

Figure 75: Europe Market Value (US$ Million) by End use, 2023 to 2033

Figure 76: Europe Market Value (US$ Million) by Country, 2023 to 2033

Figure 77: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 78: Europe Market Volume (Tonnes) Analysis by Country, 2018 to 2033

Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 81: Europe Market Value (US$ Million) Analysis by Material, 2018 to 2033

Figure 82: Europe Market Volume (Tonnes) Analysis by Material, 2018 to 2033

Figure 83: Europe Market Value Share (%) and BPS Analysis by Material, 2023 to 2033

Figure 84: Europe Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033

Figure 85: Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 86: Europe Market Volume (Tonnes) Analysis by Application, 2018 to 2033

Figure 87: Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 88: Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 89: Europe Market Value (US$ Million) Analysis by End use, 2018 to 2033

Figure 90: Europe Market Volume (Tonnes) Analysis by End use, 2018 to 2033

Figure 91: Europe Market Value Share (%) and BPS Analysis by End use, 2023 to 2033

Figure 92: Europe Market Y-o-Y Growth (%) Projections by End use, 2023 to 2033

Figure 93: Europe Market Attractiveness by Material, 2023 to 2033

Figure 94: Europe Market Attractiveness by Application, 2023 to 2033

Figure 95: Europe Market Attractiveness by End use, 2023 to 2033

Figure 96: Europe Market Attractiveness by Country, 2023 to 2033

Figure 97: Asia Pacific Market Value (US$ Million) by Material, 2023 to 2033

Figure 98: Asia Pacific Market Value (US$ Million) by Application, 2023 to 2033

Figure 99: Asia Pacific Market Value (US$ Million) by End use, 2023 to 2033

Figure 100: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033

Figure 101: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 102: Asia Pacific Market Volume (Tonnes) Analysis by Country, 2018 to 2033

Figure 103: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 104: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 105: Asia Pacific Market Value (US$ Million) Analysis by Material, 2018 to 2033

Figure 106: Asia Pacific Market Volume (Tonnes) Analysis by Material, 2018 to 2033

Figure 107: Asia Pacific Market Value Share (%) and BPS Analysis by Material, 2023 to 2033

Figure 108: Asia Pacific Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033

Figure 109: Asia Pacific Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 110: Asia Pacific Market Volume (Tonnes) Analysis by Application, 2018 to 2033

Figure 111: Asia Pacific Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 112: Asia Pacific Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 113: Asia Pacific Market Value (US$ Million) Analysis by End use, 2018 to 2033

Figure 114: Asia Pacific Market Volume (Tonnes) Analysis by End use, 2018 to 2033

Figure 115: Asia Pacific Market Value Share (%) and BPS Analysis by End use, 2023 to 2033

Figure 116: Asia Pacific Market Y-o-Y Growth (%) Projections by End use, 2023 to 2033

Figure 117: Asia Pacific Market Attractiveness by Material, 2023 to 2033

Figure 118: Asia Pacific Market Attractiveness by Application, 2023 to 2033

Figure 119: Asia Pacific Market Attractiveness by End use, 2023 to 2033

Figure 120: Asia Pacific Market Attractiveness by Country, 2023 to 2033

Figure 121: MEA Market Value (US$ Million) by Material, 2023 to 2033

Figure 122: MEA Market Value (US$ Million) by Application, 2023 to 2033

Figure 123: MEA Market Value (US$ Million) by End use, 2023 to 2033

Figure 124: MEA Market Value (US$ Million) by Country, 2023 to 2033

Figure 125: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 126: MEA Market Volume (Tonnes) Analysis by Country, 2018 to 2033

Figure 127: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 128: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 129: MEA Market Value (US$ Million) Analysis by Material, 2018 to 2033

Figure 130: MEA Market Volume (Tonnes) Analysis by Material, 2018 to 2033

Figure 131: MEA Market Value Share (%) and BPS Analysis by Material, 2023 to 2033

Figure 132: MEA Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033

Figure 133: MEA Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 134: MEA Market Volume (Tonnes) Analysis by Application, 2018 to 2033

Figure 135: MEA Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 136: MEA Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 137: MEA Market Value (US$ Million) Analysis by End use, 2018 to 2033

Figure 138: MEA Market Volume (Tonnes) Analysis by End use, 2018 to 2033

Figure 139: MEA Market Value Share (%) and BPS Analysis by End use, 2023 to 2033

Figure 140: MEA Market Y-o-Y Growth (%) Projections by End use, 2023 to 2033

Figure 141: MEA Market Attractiveness by Material, 2023 to 2033

Figure 142: MEA Market Attractiveness by Application, 2023 to 2033

Figure 143: MEA Market Attractiveness by End use, 2023 to 2033

Figure 144: MEA Market Attractiveness by Country, 2023 to 2033

Frequently Asked Questions

What is the Expected Net Worth of Bioplastics for Packaging Market?

The net worth of the market is expected to be USD 30.9 billion by 2033.

What is the Market Demand for Bioplastics for Packaging?

The market is calculated to expand at a CAGR of 10.3% through 2033.

Which Key Trend is Defining the Marketplace?

Increasing demand for bioplastic packaging to pack premium branded products.

Which Opportunity is Cropping up in the Market?

Surging demand for compostable plastic packaging solutions is creating new opportunities.

Which Material is Highly Used for Developing Bioplastics for Packaging?

BioPET is a highly used material for bioplastics packaging, holding a market share of 30.1%.

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Bioplastics For Packaging Market