Global Biopolymer Packaging Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Biopolymer Packaging Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Material Type (Non-biodegradable (PET, PA, PTT, and Other Material Types), and Biodegradability (PLA, Starch Blends, PBAT, and Other Biodegradability Types)), Type (Flexible, and Rigid), End-user Industry (Food and Beverages, Retail, Healthcare, Personal Care/Homecare, and Other End-user Industries), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Biopolymer Packaging Market was valued at USD 16,236.6 million in 2023 and is expected to reach USD 58,992.7 million by 2031 while growing at a CAGR of 17.5% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global biopolymer packaging market growth. Biopolymer packaging employs polymers sourced from renewable biological origins, like plants, bacteria, or biomass, offering a greener option compared to petroleum-based polymers. These materials are sustainable, stemming from renewable resources, which lessens reliance on fossil fuels and minimizes the environmental footprint linked with traditional plastics.
Continual research and development in material science and technology, coupled with a focus on environmental sustainability, propel the growth of the biopolymer packaging market. Nevertheless, challenges such as cost considerations and limited material properties may hinder market expansion.
Furthermore, the global biopolymer packaging industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Material Type Analysis
The Global Biopolymer Packaging Market is segmented among Non-biodegradable, and Biodegradability, based on Material Type. In 2023, Biodegradability accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Type Analysis
The Global Biopolymer Packaging Market is segmented among Flexible, and Rigid, based on Type. In 2023, Flexible accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Biopolymer Packaging Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Europe dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Mondi Group, Taghleef Industries Inc., Clondalkin Group Holdings BV, Sonoco Products Company, Berry Plastics Group Inc., Constantia Flexibles Group GmbH, Sealed Air Corporation, Tetra Pak International SA, United Biopolymers SA, and Amcor PLC.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Biopolymer Packaging Market Dynamics
Drivers
Restraints
Opportunity
4. Global Biopolymer Packaging Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Biopolymer Packaging Market Segmentation, By Material Type
Global Biopolymer Packaging Market Share Analysis, By Material Type
Global Biopolymer Packaging Market Growth Analysis, By Material Type
Global Biopolymer Packaging Market Trends, By Material Type
o Non-biodegradable
Ø PET
Ø PA
Ø PTT
Ø Other Material Types
o Biodegradability
Ø PLA
Ø Starch Blends
Ø PBAT
Ø Other Biodegradability Types
6. Global Biopolymer Packaging Market Segmentation, By Type
Global Biopolymer Packaging Market Share Analysis, By Type
Global Biopolymer Packaging Market Growth Analysis, By Type
Global Biopolymer Packaging Market Trends, By Type
o Flexible
o Rigid
7. Global Biopolymer Packaging Market Segmentation, By End-user Industry
Global Biopolymer Packaging Market Share Analysis, By End-user Industry
Global Biopolymer Packaging Market Growth Analysis, By End-user Industry
Global Biopolymer Packaging Market Trends, By End-user Industry
o Food and Beverages
o Retail
o Healthcare
o Personal Care/Homecare
o Other End-user Industries
8. Global Biopolymer Packaging Market Segmentation, By Region
Global Biopolymer Packaging Market Share Analysis, By Region
Global Biopolymer Packaging Market Growth Analysis, By Region
Global Biopolymer Packaging Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Mondi Group*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Taghleef Industries Inc.
Clondalkin Group Holdings BV
Sonoco Products Company
Berry Plastics Group Inc.
Constantia Flexibles Group GmbH
Sealed Air Corporation
Tetra Pak International SA
United Biopolymers SA
Amcor PLC
*Similar analysis will be provided for each company listed above.