Global Bioplastics and Biodegradable Plastics Packaging market cagr 8.2%

Bioplastics and Biodegradable Plastics Packaging Market

Bioplastics and Biodegradable Plastics Packaging

Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

Request Sample Report

Bioplastics and Biodegradable Plastics Packaging

Market Size and Growth

The global Bioplastics and Biodegradable Plastics Packaging market is experiencing significant growth due to increasing consumer demand for ecofriendly packaging solutions. The market size is projected to reach $XX billion by 2027, with a CAGR of XX%. Key players are focusing on product innovations to cater to the growing sustainability trend.

Request Sample Report

Companies Covered (Covid 19 Impact Covered)

◍ NatureWorks

◍ BASF

◍ Novamont

◍ Futamura

◍ Taghleef Industries

◍ BIOTEC

◍ Jinhui Zhaolong

◍ API

◍ Agrana Starke

◍ Danimer Scientific

◍ Zhejiang Hisun Biomaterials

◍ Kaneka

◍ Xinjiang Blue Ridge Tunhe Polyester

◍ Mitsubishi Chemical

The competitive landscape of the Bioplastics and Biodegradable Plastics Packaging Market includes key players such as NatureWorks, BASF, Novamont, Futamura, Taghleef Industries, BIOTEC, Jinhui Zhaolong, API, Agrana Starke, Danimer Scientific, Zhejiang Hisun Biomaterials, Kaneka, Xinjiang Blue Ridge Tunhe Polyester, and Mitsubishi Chemical. These companies utilize bioplastics and biodegradable plastics in their packaging solutions, contributing to the growth of the market.

- NatureWorks generated sales revenue of $1.1 billion in 2020.

- BASF's sales revenue in the bioplastics and biodegradable plastics packaging segment reached $600 million in 2020.

- Novamont reported sales revenue of $400 million in the bioplastics and biodegradable plastics packaging market.

Market Segmentation

By Application

◍ Flexible Packaging

◍ Rigid Packaging

By Product

◍ Starch Blends

◍ PLA

◍ PBAT

◍ Others

Request Sample Report