openPR Logo
Press release

Polylactic Acid (PLA ) Market Share: Global Trends, Key Players, Industry Analysis Report to 2027

04-26-2021 04:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global polylactic acid market is anticipated to grow at a considerable CAGR during the forecast period (2021-2027). The market growth is mainly attributed owing to its biodegradability and environmentally friendly features. Rising environmental awareness among consumers is leading to increasing demand for sustainable packaging across industry verticals such as consumer packaging goods (such as P&G), retail trade, wholesale, healthcare (such as Johnson & Johnson), food & beverage (such as McCormick & Company). In a very fast-pace PLA is becoming a widespread substitute for conventional petroleum-based plastics. There are several countries following the strategy of banning the commercialization of plastic grocery bags to save the environment. These countries include China, South Africa, Ireland, San Francisco, and Uganda, and others. This resulted in an increasing demand for PLA that acts as a viable and biodegradable replacement to petroleum-based products.

(Get 15% Discount on Buying this Report)

Get Report Sample Copy @ https://www.omrglobal.com/request-sample/polylactic-acid-market

Using PLA products have many advantages without harming the environment. Due to change in the lifestyle and eating habits of consumers across the globe, the market for convenience food that requires less cooking time including frozen foods, canned vegetables, and packaged chips among others is rapidly growing. This resulted in an increasing demand for biaxially-oriented PLA films that are currently utilized for flexible packaging of snacks and confectionary, fresh produce and bakery goods, cereal and nutrition bars, frozen foods, and cookies. Shifting towards a fast lifestyle is creating and pushing the need for rigid and flexible food packaging solutions. All convenience foods need proper packaging to be delivered in good condition to the customers, which in turn, is contributing to the growth of the market.

A Full Report of Global Polylactic Acid (PLA ) Market is Available at: https://www.omrglobal.com/industry-reports/polylactic-acid-market

Global Polylactic Acid (PLA) Market Report Segment

By Application

Packaging
Construction Material
Catering and Tableware
Agriculture Material
Consumer Goods
Electronic Material
Automobile
Others

By Raw Material

Corn Based PLA
Sugar-Based PLA
Cassava Based PLA
Other Raw Materials-Based PLA

Global Polylactic Acid (PLA) Market Report Segment by Region

North America

US
Canada

Europe

Germany
UK
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/polylactic-acid-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Polylactic Acid (PLA ) Market Share: Global Trends, Key Players, Industry Analysis Report to 2027 here

News-ID: 2275603 • Views:

More Releases from Orion Market Research

Eggshell Membrane Market Set to Witness Significant Growth by 2033 | Eggnovations LLC (US), Park Premium Ingredients (US)
Eggshell Membrane Market Set to Witness Significant Growth by 2033 | Eggnovation …
The global Eggshell Membrane Market was valued at approximately USD 173.78 million in 2024, and is projected to reach USD 396.55 million by 2033, growing at a compound annual growth rate (CAGR) of 9.6% from 2025 to 2033. Eggshell Membrane Market Overview The Eggshell Membrane Market is experiencing significant growth, driven by increasing consumer awareness of its health benefits, particularly in joint health and skin care. This natural biopolymer, rich in proteins
Printable Solar Cells Market Set to Witness Significant Growth by 2033 | Armor Group, Dyesol Ltd (Greatcell Solar), Eight19 Ltd, Toshiba Corporation
Printable Solar Cells Market Set to Witness Significant Growth by 2033 | Armor G …
The global Printable Solar Cells Market was valued at approximately USD 1.2 billion in 2024, and is projected to reach USD 4.8 billion by 2033, exhibiting a strong compound annual growth rate (CAGR) of 16.7% from 2025 to 2033. Printable Solar Cells Market Overview The Printable Solar Cells Market is on a rapid upward trajectory, led by rising demand for flexible, lightweight, and cost-effective energy solutions. Printable photovoltaic technologies-including organic, perovskite,
Sales Enablement Software Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Sales Enablement Software Market Size Analysis, Competitive Insights, Leading Pl …
The Sales Enablement Software Market was valued at approximately USD 3.4 billion in 2024 and is projected to reach around USD 13.1 billion by 2033, growing at a compound annual growth rate (CAGR) of 14.7% from 2025 to 2033. Sales Enablement Software Market Overview The Sales Enablement Software Market is experiencing significant growth, driven by the increasing need for businesses to enhance their sales processes and improve team performance. These platforms
Feed management software Market Set to Witness Significant Growth by 2033 | Prairie Systems, Dairy Records Management Systems (DRMS)
Feed management software Market Set to Witness Significant Growth by 2033 | Prai …
The global Feed Management Software Market was estimated to be around USD 0.6 billion in 2024, and is projected to reach approximately USD 1.2 billion by 2033, growing at a compound annual growth rate (CAGR) of about 7.5% from 2025 to 2033. Feed Management Software Market Overview The Feed Management Software Market is expanding steadily as the agriculture and livestock industries shift toward digital transformation to optimize feed formulation and reduce

All 5 Releases


More Releases for PLA

How Compostable PLA Straws Help the Environment
Compostable PLA straw [https://www.naturecutlery.com/qh-st-5-5-x-200-mm-biodegradable-pla-drinking-straw-in-bulk-package-2-product/]s are emerging as one of the key solutions to the global plastic crisis. Made from renewable materials like corn starch, these straws are an eco-friendly alternative to traditional plastic straws. Here's a closer look at how compostable PLA straws can have a positive impact on the environment and why they're a smart choice for businesses focused on sustainability. 1. Reduce Plastic Waste Accumulation Traditional plastic straws are single-use
Polylactic Acid (PLA) Market Growth Opportunities and Competitive Landscape Repo …
Polylactic acid (PLA) is a biodegradable thermoplastic polymer made from renewable resources such as corn starch or sugar cane. Unlike other thermoplastics, PLA can be degraded by microorganisms over time, making it an attractive material for sustainable and biodegradable products. Key Trends One of the major trends in PLA technology is the development of new and improved methods for PLA production. For example, catalysis of the conversion of lactic acid to PLA
Polylactic Acid (PLA) Market Insights by 2031 & Covid-19 Analysis | Total Corbio …
Global Polylactic Acid (PLA) Market report from Global Insight Services is the single authoritative source of intelligence on Polylactic Acid (PLA) Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories,
Bio-polylactic Acid (PLA) Films Market Size, Status and Global Outlook During 20 …
MarketInsightsReports has published a report titled global Bio-polylactic Acid (PLA) Films Market research report 2020 that is a detailed observation of several aspects, including the rate of growth, technological advances, and different methodologies implemented by the primary current market players. The report is based on a collective analysis of data, which is obtained through primary and secondary research. It provides a systematic approach to the current and prospective scenario of
Polylactic Acid (PLA) Market May See Exponential Growth in Future | BASF SE; Dan …
This Polylactic Acid (PLA) Market research report involves six major parameters namely market analysis, market definition, market segmentation, key developments in the market, competitive analysis, and research methodology. Competitive analysis is the major aspect of any market research report and by understanding this many points are covered in the report including strategic profiling of key players in the market, analyse their core competencies, and draw a competitive landscape for the
Growth of Bio-polylactic Acid (PLA) Films Market | Top Vendors- NatureWorks, Fut …
Global Bio-PLA Films Market was valued at $354 million in 2016, and is anticipated to reach $910 million by 2023, growing at a CAGR of 14.5% from 2017 to 2023. The key players profiled in the report are NatureWorks LLC, Futerro, Tale & Lyle, Total Corbion PLA, Hiusan Biosciences, Toray Industries, Inc., Taghleef Industries, Amcor Ltd. Toyobo, and Avery Dennison Corporation. The other major players (not profiled in report) in the