USD 5.69 billion
Global Bioplastic Packaging Market Size, Share, Growth Analysis, By Material (Biodegradable, Non-biodegradable), By Type (Rigid, Flexible), By Application (Food & Beverages, Consumer Goods), By Region -Industry Forecast 2025-2032
Report ID:
SQMIG15H2071 |
Region:
Global |
Published Date: January, 2025
Pages:
177
|Tables:
90
|Figures:
66
Bioplastic Packaging Market Insights
Global Bioplastic Packaging Market size was valued at around USD 5.69 billion in 2023 and is projected to grow from USD 6.29 billion in 2024 to USD 13.98 billion by 2032 at a CAGR of 10.5% over the forecast period (2025–2032).
Growing emphasis on adoption of sustainable packaging solutions around the world is projected to primarily augment the sales of bioplastic packaging in the future. Increasing efforts to ban the use of plastics to reduce plastic waste causing pollution are also slated to create new opportunities for bioplastic packaging providers going forward. Rapidly expanding e-commerce industry and increasing use of eco-friendly packaging solutions in the same are also estimated to bolster the global bioplastic packaging market growth in the future. Imposition of stringent regulations to reduce the use of plastic around the world is expected to result in a notable hike in the use of bioplastics for packaging. Launch of new corporate sustainability and responsibility initiatives are also anticipated to bolster bioplastic packaging demand going forward. However, high costs of production, raw material supply constraints, performance limitations, and lack of awareness are key constraints that are slated to hurt the sales of bioplastic packaging across the study period and beyond.
Market snapshot - (2025–2032)
Global Market Size
Largest Segment
Rigid
Fastest Growth
Flexible
Growth Rate
10.5% CAGR
Global Bioplastic Packaging Market ($ Bn)
Country Share for Europe Region (%)
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Bioplastic Packaging Market Segmental Analysis
Global bioplastic packaging market is segmented by material, type, application, and region. Based on material, the market is segmented into biodegradable and non-biodegradable. Based on type, the market can be segmented into rigid and flexible. Based on application, the market is segmented into food & beverages, consumer goods, cosmetic & personal care, pharmaceuticals, and others. Based on Region, the market is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America.
Analysis by Material
Biodegradable material is forecasted to account for the largest global bioplastic packaging market share in the future. Growing consumer awareness regarding sustainability and rising adoption of eco-friendly products around the world are expected to help this segment maintain its dominant stance going forward. Better consumer perception of biodegradable materials and increasing investments in the development of faster degradable bioplastics are also expected to offer new business scope in the long run. Starch-based bioplastics are expected to be a preferred type of biodegradable materials owing to the abundant availability of potato, tapioca, wheat, rice, and corn starch sources.
Meanwhile, the non-biodegradable segment is estimated to account for the second-largest share of the global bioplastic packaging industry. Lower costs of non-biodegradable materials are projected to help it maintain its second-largest share. However, the segment is expected to lose its share of biodegradable materials substantially as emphasis on sustainability rises around the world. Imposition of strict regulations to ban the use of non-biodegradable packaging materials is also expected to reduce the revenue from this segment and increase it in the biodegradable segment through 2031.
Analysis by Type
Rigid packaging is projected to account for a prominent chunk of the global bioplastic packaging market share. High security, ability to withstand extreme conditions, and greater protection of goods are key benefits of rigid packaging that attract more investors to this segment. Increasing use of rigid packaging for large haul applications is also slated to create new opportunities for rigid bioplastic packaging suppliers in the future. However, rigid packaging solutions often take up more space as compared to flexible ones, which is why this segment is slated to lose some share to flexible packaging solutions in the long run.
On the other hand, the demand for flexible bioplastic packaging is projected to surge at an impressive pace in the future. The lightweight nature of flexible packaging solutions makes them a more sustainable alternative to rigid packaging solutions. Innovations in printing and labelling technologies are also providing companies with unique product packaging opportunities to maximize their sales potential in the future. High versatility and cost-effectiveness of flexible packaging are also estimated to create new opportunities for bioplastic packaging providers focusing on this segment in the future.
Global Bioplastic Packaging Market By Type
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Bioplastic Packaging Market Regional Insights
Europe is expected to spearhead the global bioplastic packaging industry across the study period. High emphasis of governments to promote sustainability and increasing awareness regarding eco-friendly products among consumers are aiding the dominance of this region. Germany, France, and the Netherlands are some of the more noteworthy markets in the European region. The presence of leading packaging companies and availability of supportive initiatives and funding to promote the use of eco-friendly products are also creating new opportunities for bioplastic packaging suppliers. High investments in the research and development of novel bioplastic products and recycling technologies are also expected to bolster the dominance of this region.
On the other hand, the demand for bioplastic packaging in the Asia-Pacific region is projected to increase at a robust pace across the study period and beyond. Rapid industrialization and urbanization coupled with the booming e-commerce industry allows Asia Pacific to present multiple opportunities for bioplastic packaging providers. Growing awareness regarding sustainability, emphasis on adoption of eco-friendly products, and rising disposable income of people are other factors that could boost the sales of bioplastic packaging in the Asia Pacific region through 2031. China and India are slated to emerge as the most lucrative markets owing to growing population base of these countries.
Global Bioplastic Packaging Market By Region
- Largest
- Fastest
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Bioplastic Packaging Market Dynamics
Drivers
Growing Demand for Sustainable Packaging
- Increasing emphasis on sustainability and the launch of new efforts to reduce waste around the world are boosting the adoption of bioplastic packaging. Demand for eco-friendly plastic packaging alternatives across multiple industry verticals to reduce plastic pollution is also expected to create new opportunities for bioplastic packaging providers going forward.
Advancements in Bioplastics
- Investments in the research and development of new bioplastic materials are increasing to promote advancements. Development of materials such polylactic acid (PLA) and polyhydroxyalkanoates (PHA) has improved the properties of bioplastics, making them comparable to traditional plastics in terms of strength, durability, and versatility. These advancements are projected to further bolster the global bioplastic packaging market outlook in the long run.
Restraints
Performance Limitations
- Even though advancements in bioplastics materials are quite significant, they still lack some characteristic properties of conventional plastics such as durability and heat resistance. This is projected to impede the demand for bioplastic packaging as it restricts the use of bioplastics in high performance applications in packaging and other verticals.
High Production Costs
- Use of expensive raw materials and advanced manufacturing technologies makes the production of bioplastics quite expensive thereby resulting in an overall costly end product. The availability of cheaper alternatives to bioplastics is expected to further limit the adoption of bioplastic packaging in the long run.
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Bioplastic Packaging Market Competitive Landscape
Bioplastic packaging companies are focusing on experimenting with the use of new sustainable materials to comply with modern standards and satisfy the demand for bioplastic packaging solutions. Providing custom and branded bioplastic packaging solutions is also expected to create new opportunities for bioplastic packaging companies. collaborations and partnerships will be essential and improving R&D capabilities of new as well as established companies in the future.
Top Player’s Company Profiles
- Amcor Plc.
- Novamont S.p.A
- NatureWorks, LLC.
- Coveris
- Sealed Air
- Alpha Packaging
- Constantia Flexibles
- Mondi
- Transcontinental Inc.
- ALPLA
Recent Developments
- In September 2024, a new bioplastics innovation hub was launched through a collaborative effort of CSIRO and Murdoch University. The program with a USD 8 million investment is aimed at developing 100% compostable plastics to resolve the issue of plastic pollution on the planet.
- In June 2023, a new carry bag developed using bioplastics was launched by Defence Research and Development Organisation (DRDO), India. Hardeep Singh Puri, Union Minister for Petroleum, and Lieutenant Governor Manoj Sinha launched this new offering under the polythene-free Jammu initiative.
- In July 2022, Green Dot Bioplastics, a renowned bioplastic material science company announced the launch of new compostable grade bioplastic materials. The new Terratek® BD line was designed for single-use and packaging applications with enhanced biodegradable qualities.
Bioplastic Packaging Key Market Trends
- Novel Bioplastic packaging Materials: Bioplastic packaging companies should focus on experimenting with new bioplastic packaging materials to stand out from the competition and maximize their sales. Imposition of stringent mandates to regulate waste from packaging will bolster the demand for better sustainable and eco-friendly materials in the future. Plant-based, biodegradable, compostable, and recyclable materials will be in demand.
- Smart Packaging Development: Bioplastic packaging companies can also improve the sustainability of their solutions by incorporating smart technologies. Bioplastic packaging providers can also capitalize on the growing popularity of active and smart packaging technologies from different industry verticals going forward. Use of temperature-sensitive indicators or tracking features can help make bioplastic packaging smarter.
Bioplastic Packaging Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per Skyquest analysis, rising consumer awareness regarding the benefits of eco-friendly packaging solutions around the world is slated to primarily augment the demand for bioplastic packaging across the forecast period. However, high production costs and performance limitations are estimated to impede the global bioplastic packaging market forecast going forward. The Asia Pacific region is slated to emerge as the fastest-expanding market for bioplastic packaging companies owing to booming e-commerce activity and changing consumer preferences in this region. Incorporation of smart and active packaging technologies is slated to create new opportunities for bioplastic packaging companies in the long run.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 5.69 billion |
| Market size value in 2032 | USD 13.98 billion |
| Growth Rate | 10.5% |
| Base year | 2024 |
| Forecast period | (2025–2032) |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Bioplastic Packaging Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Bioplastic Packaging Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Bioplastic Packaging Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Bioplastic Packaging Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Bioplastic Packaging Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Bioplastic Packaging Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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