Global Bioplastic Packaging Market Trends, and Forecast till 2025


Posted January 14, 2022 by neha_s

A bioplastic is a biodegradable group of polymers that are manufactured using renewable-based sources.
 
A bioplastic is a biodegradable group of polymers that are manufactured using renewable-based sources. Conventional plastics is hazardous due to the impact on the environment and their heavy reliance on the oil and gas industry for raw materials such as naphtha. Conventional plastic is widely used for packaging of casings, electronics, and food products, amongst others. This, in turn, is negatively impacting the environment, leading to increasing land and marine pollution

Market Dynamics
Europe held the largest market share in the global bioplastic packaging market in 2016. This is owing to high consumer awareness, supportive government initiatives, and continuous innovation in biodegradable packaging the market. Stringent regulations over conventional plastic use in food, beverage, and medical packaging has led to increasing adoption of these. Under the Plastic Bags Directive in the EU, consumers cannot use more than 90 bags a year by 2019, down from the EU average of 200 bags a year. This is expected to boost both demand and manufacturing capacity of bioplastics in the region.

Request Copy Of This Business Report: https://www.coherentmarketinsights.com/market-insight/bioplastic-packaging-market-1256

Top Keyplayers: BASF SE, Koninklijke DSM N.V., NatureWorks, LLC, Metabolix, Inc., and The Dow Chemical Company., among others.

Detailed Segmentation:
• Global Bioplastic Packaging Market, By Product Type:
◦ TPS
◦ PLA
◦ PHA
◦ Bio-PE
• Global Bioplastic Packaging Market, By Application:
◦ Food & Beverages
◦ Consumer Goods
◦ Pharmaceutical
◦ Industrial Goods
About Us:
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: [email protected]
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Coherent Market Insights
Country India
Categories Blogging , Business , Industry
Last Updated January 14, 2022