According to Goldstein Research, global biopolymers packaging market is expected to reach USD 9.8 billion by 2024 from USD 3.2 billion in 2015, growing at a CAGR of 11.2% over the forecast period 2016-2024.The rising environmental concerns and growing demand for eco-friendly packaging to eliminate harmful effects of conventional polymer packages, is thus driving the growth of the market. Global biopolymers packaging market segmentation has beendoneon the basis of product, application end-user and geography. Advanced properties of biopolymers are proving to be better alternative to traditional polymers such as protection from moisture, easy distribution and long shelf life.Global biopolymers packaging market is largely dominated by Europe for being the largest consumer of biopolymers under the bioeconomy strategy of Europe for establishing sustainable and livable environment.
Market Segmentation
On the basis of our in-depth analysis, Global Biopolymers PackagingMarket can be segmented as follows:
• By Product Type
o Bio-PET (PolyEthyleneTerephatalate)
o Bio-PE (PolyEthylene)
o Poly lactic acid (PLA)
o Biodegradable polyesters
o Others (biodegradable starch blends etc.)
• By Application Type
o Packaging
o Fibers
o Cosmetics
o Agriculture seed coatings
o Automotive interior parts
o Others (medical implants)
• By End-User Type
o Food and Beverages
o Automotive Industry
o Healthcare
o Agriculture
o Chemicals industry
o Semiconductor & Electronics
• By Region
o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

“Global Biopolymers Packaging MarketOutlook 2024”contains detailed overview of the globalbiopolymers packaging market.On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, application type and end-user type.
Further, for the in-depth analysis, Global Biopolymers PackagingMarket Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such asNature Works, Novamont, Plantic, Arkema, BASF, Biopolymer International, DuPont, Ecospan, Durect Corp., FMC Biopolymer, BiotecGmbh, Braskem,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global biopolymers packaging market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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