Can Bioplastic Packaging Win the Sustainability War? - Arizton

The bioplastic packaging market is expected to grow at a CAGR of over 4% during the period 2018-2024.

The global bioplastic packaging market is expected to witness steady growth, with supply-side parameters having a greater impact on the packaging industry than the demand side parameters. On the demand side, volumes are growing while prices have been stable throughout. The supply side is a cause of concern for vendors as the cost of raw material procurement is high. Geographically, Europe is leading the pack with bioplastics consumption being the highest in the region. The consumer acceptance of bioplastic packaging is also comparatively higher than that in other regions.

Arizton's latest market research report considers the present scenario of the bioplastic packaging market and its market dynamics for the period 2018-2024. It covers a detailed overview of several market growth enablers, restraints, and trends. The report covers both the demand and supply aspect of the market. The study profiles and examines leading companies and renewable raw material suppliers and manufacturers operating in the market.

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Bioplastic Packaging Market - Dynamics

Here are the list of trends and drivers that are impacting the revenues and profitability in the global bioplastic packaging market:
o Dwindling Fossil Fuel Reserves
o Lower Carbon Footprint
o Reduction in Landfills & Improved Composability
o Stringent Rules & Regulations for Packaging
o Use of Bioplastics for Bulk Packaging
o Focus on Sustainable Packaging

Bioplastic Packaging Market - Segmentation

The research report includes detailed segmentation by bioplastic, packaging, application, and geography.
o Biodegradable bioplastic has a wide application in Europe than in other regions. The development of new materials such as polylactide, polyhydroxyalkanoates, and cellulose or starch-based material offers robust functionalities such as barrier properties, composability, and biodegradability.
o With increased emphasis on the circular economy, the market is exploring several eco-friendly alternatives, both flexible and rigid types. The rise in beverage manufacturers is offering a major impetus to the application of bioplastic in rigid form.
o The personal care industry is growing rapidly, with a major focus on rigid packaging. The bioplastic demand for bottle and container-based personal care products is growing in the premium category of personal care products as customers can afford this type of packaging.

Market Segmentation by Packaging
o Flexible
o Rigid
Market Segmentation by Type
o Biobased and Non-biodegradable
o Biodegradable
Market Segmentation by Application
o Food and Beverages
o Personal Care
o Other Application

Bioplastic Packaging Market - Geography

The packaging demand in Europe is expected to grow on account of EU directives and the changing industry and customer perception. The growth of stringent regulations and legislation is likely to push the procurement of bioplastic during the forecast period. However, one of the major drivers is the growing awareness of the use and purchase of sustainable practices to reduce harmful effects on the environment. Sustainable business emphasis is expected to have a major impact on the plastic industry as they are the latest stakeholders.

Market Segmentation by Geography
o North America
o US
o Canada
o APAC
o Japan
o South Korea
o India
o China
o Australia
o Europe
o UK
o France
o Spain
o Germany
o Italy
o Latin America
o Chile
o Mexico
o Argentina
o Brazil
o MEA
o Turkey
o Saudi Arabia
o UAE
o Israel

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Bioplastic Packaging Market - Vendor Landscape

The global bioplastic packaging market has few vendors, and the majority of the vendors are small and medium enterprises. The demand for bioplastic packaging is not uniform, and hence the regional level vendors are more in number than multinational level vendors. The scaling up options are limited; hence, vendors are current focus on catering to a region, country, or a group of countries to gain specialization. Since bioplastics are premium raw materials, the cost is passed on to the consumers.

Key Vendors
o Amcor
o Clondalkin
o Coopbox Air
o Futamura
o Huhtamaki
o Sealed Air
o Sonoco
o Sphere
o Tagleef Industries
Renewable Raw Material Suppliers
o Cargill
o Corbion
o Reverdia
o Roquette
o Tereos
o Total
Bioplastic Manufacturers
o BASF
o Biotec
o Braskem
o DowDuPont
o Eastman Chemical Company
o Greendot
o Koninklijke DSM N.V
o NatureWorks
o Novamont
o Perstorp

Bioplastic Packaging Market - Table of Contents

1 Research Methodology
2 Research Objectives
3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments
4.4.1 Market Segmentation by Packaging
4.4.2 Market Segmentation by Type
4.4.3 Market Segmentation by Application
4.4.4 Market Segmentation by Geography

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Market at a Glance
7 Introduction
7.1 Overview
7.1.1 Demand Insights
7.1.2 Key Insights
7.1.3 Sustainability
7.2 MacroEconomic Factors

8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Dwindling Fossil Fuel Reserves
8.1.2 Lower Carbon Footprint
8.1.3 Reduction in Landfills & Improved Compostability
8.2 Market Growth Restraints
8.2.1 High Cost of Bioplastics
8.2.2 Performance & Feedstock Concerns
8.2.3 Lack of Infrastructure for Composting
8.3 Market Opportunities & Trends
8.3.1 Stringent Rules & Regulations for Packaging
8.3.2 Use of Bioplastics for Bulk Packaging
8.3.3 Focus on Sustainable Packaging

9 Market Landscape
9.1 Market Overview
9.2 Market Size & Forecast
9.3 Five Forces Analysis
9.3.1 Threat of New Entrants
9.3.2 Bargaining Power of Suppliers
9.3.3 Bargaining Power of Buyers
9.3.4 Threat of SubstitutesF
9.3.5 Competitive Rivalry

10 By Bioplastic Type
10.1 Market Snapshot & Growth Engine
10.1.1 Market Overview
10.2 Biobased and Non-biodegradable
10.2.1 Market Size & Forecast by Value & Volume
10.3 Biodegradable
10.3.1 Market Size & Forecast Value & Volume

11 By Packaging Type
11.1 Market Snapshot & Growth Engine
11.2 Market Overview
11.3 Rigid Packaging
11.3.1 Market Size & Forecast by Value & Volume
11.4 Flexible Packaging
11.4.1 Market Size & Forecast by Value & Volume

12 By Application Type
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.2.1 Key Insights
12.3 Food & Beverage
12.3.1 Market Size & Forecast
12.4 Personal Care
12.4.1 Market Size & Forecast
12.5 Other Applications
12.5.1 Market Size & Forecast

13 By Geography
13.1 Market Snapshot & Growth Engine
13.2 Overview

14 Europe
14.1 Market Overview
14.1.1 Key Insights
14.2 Market Size & Forecast
14.2.1 Bioplastic Packaging Volume in Europe by Packaging Type
14.2.2 Bioplastic Packaging Volume in Europe by Bioplastic Type
14.3 Key Countries
14.3.1 Germany: Market Size & Forecast
14.3.2 France: Market Size & Forecast
14.3.3 UK: Market Size & Forecast
14.3.4 Italy: Market Size & Forecast
14.3.5 Spain: Market Size & Forecast

15 North America
15.1 Market Overview
15.2 Market Size & Forecast
15.2.1 Bioplastic Packaging Volume in North America by Packaging Type
15.2.2 Bioplastic Packaging Volume in North America by Bioplastic Type
15.3 Key Countries
15.3.1 US: Market Size & Forecast
15.3.2 Canada: Market Size & Forecast

16 APAC
16.1 Market Overview
16.1.1 Key Insights
16.2 Market Size & Forecast
16.2.1 Bioplastic Packaging Volume in APAC by Packaging Type
16.2.2 Bioplastic Packaging Volume in APAC by Bioplastic Type
16.3 Key Countries
16.3.1 China: Market Size & Forecast
16.3.2 Australia: Market Size & Forecast
16.3.3 South Korea: Market Size & Forecast
16.3.4 India: Market Size & Forecast
16.3.5 Japan: Market Size & Forecast

17 Latin America
17.1 Market Overview
17.1.1 Key Insights
17.2 Market Size & Forecast
17.2.1 Bioplastic Packaging Volume in Latin America by Packaging Type
17.2.2 Bioplastic Packaging Volume in Latin America by Bioplastic Type
17.3 Key Countries
17.3.1 Mexico: Market Size & Forecast
17.3.2 Brazil: Market Size & Forecast
17.3.3 Argentina: Market Size & Forecast
17.3.4 Chile: Market Size & Forecast

18 Middle-East & Africa
18.1 Market Overview
18.1.1 Key Insights
18.2 Market Size & Forecast
18.2.1 Bioplastic Packaging Volume in MEA by Packaging Type
18.2.2 Bioplastic Packaging Volume in MEA by Bioplastic Type
18.3 Key Countries
18.3.1 Turkey: Market Size & Forecast
18.3.2 Saudi Arabia: Market Size & Forecast
18.3.3 South Africa: Market Size & Forecast
18.3.4 Israel: Market Size & Forecast

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