Press release
Bioplastic Packaging Market Attracts Investor Interest with Unparalleled Growth Rates
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
Synopsis of the Global Bioplastic Packaging Market
Market Highlights
Globally, the market for Bioplastic market is increasing due to various industries such as packaging, consumer goods, automotive industry and others. The growing segment is packaging due to Government’s drive towards achieving a ‘zero waste’ economy, through reducing waste and increasing recycling, has fostered an increased consciousness of resource efficiency. This awareness has indirectly promoted the use of bioplastic products.
As per analysis, emerging economies like China, U.S and are increasing production with rise in use of Bioplastic. APAC has seen as key market player in economy followed by North America, Europe and Row.
Segments
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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Regional Analysis of Global Bioplastic Packaging Market
APAC will be the leading market
APAC will be the ruling market for global Bioplastic, accounting for USD 5.99 Billion and is expected to grow over USD 5.99 Billion by 2022. With rise in development of emerging economies can cause countries like China, India, Brazil to contribute more amount of share in this market.
North America, Europe and RoW are the growing market for Global Bioplastic Market and are expected to grow at CAGR of 12.10% respectively from 2016 to 2022.
Key Players
The key players of Global Bioplastic Packaging Market report include- BASF SE, Dow Chemical Company, Koninklijke DSM N.V., Eastman Chemical Company, NatureWorks LLC, Metabolix Inc., Arkema Group, Novamont S.p.A., Biome Bioplastics Limited., FKuR Kunststoff and DaniMer Scientific LLC.
Scope of the study
The scope of the study categorizes the Bioplastic market as type, and application.
By Type
• Bio-PE
• Bio-PET
• Regenerated Cellulose
• Poly Hydroxyalkonoates
By Source
• Sugar
• Grains
• Beets
• Cane
• Others
By Application
• Packaging
• Automotive
• Consumer Goods
• Agriculture
The report for Bioplastic Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Study Objectives of Global Bioplastic Packaging Market
• To provide detailed analysis of the market structure along with forecast for the next 10 years of various segments and sub-segments of the Global Bioplastic Packaging Market
• To provide insights about factors affecting the market growth
• To Analyze the Global Bioplastic Packaging Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segment by Type, Application and Region.
• To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Bioplastic Packaging Market
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for , regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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