Market Overview:
The global bioplastic packaging bag market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for sustainable and environment-friendly packaging solutions. In addition, the growing awareness about the benefits of using bioplastic packaging bags is also contributing to the growth of this market. Based on type, starch blends are expected to account for a major share of the global bioplastic packaging bag market during the forecast period. This can be attributed to their high compatibility with conventional plastics and their ability to provide similar performance as traditional plastic bags. PLA is another key type segment in this market, owing to its properties such as high strength and stiffness, which make it suitable for use in applications such as food storage and transportation. Based on application, supermarkets/hypermarkets are expected to account for a major share of the global bioplastic packaging bag market during the forecast period.
Product Definition:
A bioplastic packaging bag is a type of bag made out of bioplastics, which are plastics made from renewable biomass sources, such as vegetable fats and oils, cornstarch, or sugarcane. Bioplastic packaging bags can be used for food storage and handling or for other applications where traditional plastic bags are used.
Starch Blends:
Starch blends are a combination of starch and synthetic polymers. It is produced by mixing various proportions of corn, wheat, and potato starches with additives to produce a uniform product for application in flexible packaging. Starch blends are used as an alternative to conventional plastics such as PE & PET owing to their environment-friendly nature which makes them suitable for bioplastic packaging bag market.
PLA:
Polylactic Acid (PLA) is a biodegradable plastic derived from renewable sources, such as corn starch, sugarcane bagasse and tapioca roots. It has the ability to be composted at room temperature unlike other plastics which usually need hot water or high pressure water treatment facilities. PLA is used in various applications including food packaging films & trays, yogurt pots & tubs and disposable cutlery among others.
Application Insights:
The supermarkets/hypermarkets application segment led the global bioplastic packaging bag market in 2017. This is attributed to rising consumer preference for packaged food products, which has resulted in increased demand for plastic bags suitable for grocery shopping. Bioplastics are also expected to replace paper and other reusable materials with plastics due to their superior properties such as durability, versatility, safety and low cost of production.
Bioplastics can be used instead of traditional plastics on account of their environmental benefits such as reduced carbon footprint by 50%, reduced water consumption by 60% compared to conventional plastics and higher recyclability rate. These factors are anticipated to drive the demand from the supermarkets/hypermarkets segment over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising disposable income, increasing population, and growing demand for packaged food. China is one of the largest producers as well as consumers of bioplastic bags in this region. Rising awareness regarding sustainability coupled with government initiatives are also driving industry growth in Asia Pacific.
Europe accounted for a significant share owing to stringent regulations imposed by various governments on single-use plastics and their products such as bags, bottles etc., Hence leading manufacturers are shifting their focus towards biodegradable packaging materials which will help them gain an advantage over others while competing in the market place during future trade shows & exhibitions held at home or abroad.- This will also ensure that they do not face any problems due to non-biodegradable nature of plastic products.
Growth Factors:
- Increasing demand for biodegradable and environment-friendly products: The Bioplastic Packaging Bag market is expected to grow at a high rate as it offers biodegradable and environment-friendly packaging solutions as compared to traditional packaging materials such as plastics and metals.
- Rising awareness about the benefits of using bioplastic bags: There is a growing awareness among consumers about the benefits of using bioplastic bags such as reducing environmental pollution, promoting sustainable development, etc. This is likely to fuel the growth of the Bioplastic Packaging Bag market in the coming years.
- Growing popularity of eco-friendly lifestyle: A growing number of people are now opting for an eco-friendly lifestyle due to its numerous advantages over conventional lifestyles. This is expected to create a positive impact on the growth of the Bioplastic Packaging Bag market in future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bioplastic Packaging Bag Market Research Report
By Type
Starch Blends, PLA, PBAT, Others
By Application
Supermarkets/Hypermarkets, Departmental Stores, Speciality Stores, Others
By Companies
NatureWorks, BASF, Novamont, Futamura, Taghleef Industries, BIOTEC, Jinhui Zhaolong, API, Agrana Starke, Danimer Scientific, NatureWorks, Kaneka, Xinjiang Blue Ridge Tunhe Polyester, Mitsubishi Chemical, FKuR Kunststoff, BIO-FED, Biome Bioplastics, GRABIO, CARBIOLICE, United Biopolymers
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Bioplastic Packaging Bag Market Report Segments:
The global Bioplastic Packaging Bag market is segmented on the basis of:
Types
Starch Blends, PLA, PBAT, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets/Hypermarkets, Departmental Stores, Speciality Stores, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NatureWorks
- BASF
- Novamont
- Futamura
- Taghleef Industries
- BIOTEC
- Jinhui Zhaolong
- API
- Agrana Starke
- Danimer Scientific
- NatureWorks
- Kaneka
- Xinjiang Blue Ridge Tunhe Polyester
- Mitsubishi Chemical
- FKuR Kunststoff
- BIO-FED
- Biome Bioplastics
- GRABIO
- CARBIOLICE
- United Biopolymers
Highlights of The Bioplastic Packaging Bag Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Starch Blends
- PLA
- PBAT
- Others
- By Application:
- Supermarkets/Hypermarkets
- Departmental Stores
- Speciality Stores
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bioplastic Packaging Bag Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A bioplastic packaging bag is a type of plastic bag made from plant-based materials. Bioplastic bags are often more environmentally friendly than traditional plastic bags, because they can be composted or recycled.
Some of the major players in the bioplastic packaging bag market are NatureWorks, BASF, Novamont, Futamura, Taghleef Industries, BIOTEC, Jinhui Zhaolong, API, Agrana Starke, Danimer Scientific, NatureWorks, Kaneka, Xinjiang Blue Ridge Tunhe Polyester, Mitsubishi Chemical, FKuR Kunststoff, BIO-FED, Biome Bioplastics, GRABIO, CARBIOLICE, United Biopolymers.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bioplastic Packaging Bag Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bioplastic Packaging Bag Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bioplastic Packaging Bag Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bioplastic Packaging Bag Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bioplastic Packaging Bag Market Size & Forecast, 2018-2028
4.5.1 Bioplastic Packaging Bag Market Size and Y-o-Y Growth
4.5.2 Bioplastic Packaging Bag Market Absolute $ Opportunity
Chapter 5 Global Bioplastic Packaging Bag Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bioplastic Packaging Bag Market Size Forecast by Type
5.2.1 Starch Blends
5.2.2 PLA
5.2.3 PBAT
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bioplastic Packaging Bag Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bioplastic Packaging Bag Market Size Forecast by Applications
6.2.1 Supermarkets/Hypermarkets
6.2.2 Departmental Stores
6.2.3 Speciality Stores
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bioplastic Packaging Bag Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bioplastic Packaging Bag Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bioplastic Packaging Bag Analysis and Forecast
9.1 Introduction
9.2 North America Bioplastic Packaging Bag Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bioplastic Packaging Bag Market Size Forecast by Type
9.6.1 Starch Blends
9.6.2 PLA
9.6.3 PBAT
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bioplastic Packaging Bag Market Size Forecast by Applications
9.10.1 Supermarkets/Hypermarkets
9.10.2 Departmental Stores
9.10.3 Speciality Stores
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bioplastic Packaging Bag Analysis and Forecast
10.1 Introduction
10.2 Europe Bioplastic Packaging Bag Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bioplastic Packaging Bag Market Size Forecast by Type
10.6.1 Starch Blends
10.6.2 PLA
10.6.3 PBAT
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bioplastic Packaging Bag Market Size Forecast by Applications
10.10.1 Supermarkets/Hypermarkets
10.10.2 Departmental Stores
10.10.3 Speciality Stores
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bioplastic Packaging Bag Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bioplastic Packaging Bag Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bioplastic Packaging Bag Market Size Forecast by Type
11.6.1 Starch Blends
11.6.2 PLA
11.6.3 PBAT
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bioplastic Packaging Bag Market Size Forecast by Applications
11.10.1 Supermarkets/Hypermarkets
11.10.2 Departmental Stores
11.10.3 Speciality Stores
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bioplastic Packaging Bag Analysis and Forecast
12.1 Introduction
12.2 Latin America Bioplastic Packaging Bag Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bioplastic Packaging Bag Market Size Forecast by Type
12.6.1 Starch Blends
12.6.2 PLA
12.6.3 PBAT
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bioplastic Packaging Bag Market Size Forecast by Applications
12.10.1 Supermarkets/Hypermarkets
12.10.2 Departmental Stores
12.10.3 Speciality Stores
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bioplastic Packaging Bag Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bioplastic Packaging Bag Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bioplastic Packaging Bag Market Size Forecast by Type
13.6.1 Starch Blends
13.6.2 PLA
13.6.3 PBAT
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bioplastic Packaging Bag Market Size Forecast by Applications
13.10.1 Supermarkets/Hypermarkets
13.10.2 Departmental Stores
13.10.3 Speciality Stores
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bioplastic Packaging Bag Market: Competitive Dashboard
14.2 Global Bioplastic Packaging Bag Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NatureWorks
14.3.2 BASF
14.3.3 Novamont
14.3.4 Futamura
14.3.5 Taghleef Industries
14.3.6 BIOTEC
14.3.7 Jinhui Zhaolong
14.3.8 API
14.3.9 Agrana Starke
14.3.10 Danimer Scientific
14.3.11 NatureWorks
14.3.12 Kaneka
14.3.13 Xinjiang Blue Ridge Tunhe Polyester
14.3.14 Mitsubishi Chemical
14.3.15 FKuR Kunststoff
14.3.16 BIO-FED
14.3.17 Biome Bioplastics
14.3.18 GRABIO
14.3.19 CARBIOLICE
14.3.20 United Biopolymers
