Market Overview:
The global plant-based plastic packaging market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for environment-friendly and sustainable packaging solutions. In addition, the growing awareness about the benefits of using plant-based plastics over traditional petroleum-based plastics is also contributing to the growth of this market. The bio-PET segment is expected to account for a major share of the global plant-based plastic packaging market in 2018. This segment is projected to grow at a CAGR of XX% during the forecast period. Bio-PET offers several advantages over traditional PET, such as improved environmental sustainability, biodegradability, and recyclability. These factors are driving its adoption in various applications such as food & beverage and automotive transport. In terms of region, North America accounted for a major share of the global plant-based plastic packaging market in 2017.
Product Definition:
Plant-based plastic packaging is made from a renewable resource such as corn, sugar cane, or potatoes. It is important because it is biodegradable and compostable.
Bio-PET:
Bio-PET is a type of PET that is produced from plants. It has similar chemical and physical properties as compared to regular PET, but at a lower cost and higher sustainability factor. Bio-PET can be used for food & beverage packaging, consumer goods packaging among others.
Bio-PE:
Bio-PE is a bio-based polymer, produced from sugarcane and corn starch. It has similar properties with petrochemical plastics such as HDPE, LDPE, LLDPE and EVA. Bio-PE can be used in food & beverage packaging applications like PET but with higher heat resistance.
Application Insights:
Food & beverage was the dominant application segment in 2017 and accounted for over 40% of the global market. The rising demand for packaged food products is expected to be a key factor driving growth. Moreover, increasing consumption of alcoholic drinks such as wine, beer and spirits is also likely to contribute toward higher demand during the forecast period.
Plastic packaging used in automotive applications includes bags, boxes, bottles among others. Growing use of plastics in automobile components such as interior trims and lighting systems are expected to drive their demand 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 product demand from various end-use industries, such as food & beverage, automotive transport, pharmaceuticals and others. China is one of the largest producers of corn (maize), which is a key raw material for producing bio-PET on a large scale. In addition, increasing awareness regarding sustainability coupled with growing environmental concerns has resulted in favoring plant-based plastics over petroleum-based plastics in this region.
North America accounted for more than 20% share of total revenue in 2017 owing to high product demand from packaging applications that are used across several industries including food & beverages and healthcare delivery services among others.
Growth Factors:
- Increasing demand for environment-friendly and sustainable packaging solutions
- Growing awareness about the ill effects of conventional plastic packaging on the environment
- Rising popularity of plant-based plastics among consumers due to their biodegradability
- Proliferation of ecommerce and growing demand for lightweight, durable, and recyclable packaging solutions
- Technological advancements in plant-based plastic packaging that improve its performance and sustainability
Scope Of The Report
Report Attributes
Report Details
Report Title
Plant-based Plastic Packaging Market Research Report
By Type
Bio-PET, Bio-PE, PHA, Starch Blends, Polyesters, PLA, Others
By Application
Food & Beverage, Automotive Transport, Others
By Companies
Solegear Bioplastic Technologies Inc., Clear Lam Packaging Inc, Solegear Bioplastic Technologies Inc.
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Plant-based Plastic Packaging Market Report Segments:
The global Plant-based Plastic Packaging market is segmented on the basis of:
Types
Bio-PET, Bio-PE, PHA, Starch Blends, Polyesters, PLA, 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
Food & Beverage, Automotive Transport, 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:
- Solegear Bioplastic Technologies Inc.
- Clear Lam Packaging Inc
- Solegear Bioplastic Technologies Inc.
Highlights of The Plant-based Plastic Packaging 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:
- Bio-PET
- Bio-PE
- PHA
- Starch Blends
- Polyesters
- PLA
- Others
- By Application:
- Food & Beverage
- Automotive Transport
- 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 Plant-based Plastic Packaging 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Plant-based plastic packaging is made from plant-based materials such as corn, wheat, or soybeans. This type of packaging is environmentally friendly because it does not require oil to produce and can be recycled.
Some of the major players in the plant-based plastic packaging market are Solegear Bioplastic Technologies Inc., Clear Lam Packaging Inc, Solegear Bioplastic Technologies Inc..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Plant-based Plastic Packaging 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 Plant-based Plastic Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Plant-based Plastic Packaging 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 Plant-based Plastic Packaging 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 Plant-based Plastic Packaging Market Size & Forecast, 2018-2028
4.5.1 Plant-based Plastic Packaging Market Size and Y-o-Y Growth
4.5.2 Plant-based Plastic Packaging Market Absolute $ Opportunity
Chapter 5 Global Plant-based Plastic Packaging 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 Plant-based Plastic Packaging Market Size Forecast by Type
5.2.1 Bio-PET
5.2.2 Bio-PE
5.2.3 PHA
5.2.4 Starch Blends
5.2.5 Polyesters
5.2.6 PLA
5.2.7 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Plant-based Plastic Packaging 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 Plant-based Plastic Packaging Market Size Forecast by Applications
6.2.1 Food & Beverage
6.2.2 Automotive Transport
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plant-based Plastic Packaging 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 Plant-based Plastic Packaging 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 Plant-based Plastic Packaging Analysis and Forecast
9.1 Introduction
9.2 North America Plant-based Plastic Packaging 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 Plant-based Plastic Packaging Market Size Forecast by Type
9.6.1 Bio-PET
9.6.2 Bio-PE
9.6.3 PHA
9.6.4 Starch Blends
9.6.5 Polyesters
9.6.6 PLA
9.6.7 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 Plant-based Plastic Packaging Market Size Forecast by Applications
9.10.1 Food & Beverage
9.10.2 Automotive Transport
9.10.3 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 Plant-based Plastic Packaging Analysis and Forecast
10.1 Introduction
10.2 Europe Plant-based Plastic Packaging 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 Plant-based Plastic Packaging Market Size Forecast by Type
10.6.1 Bio-PET
10.6.2 Bio-PE
10.6.3 PHA
10.6.4 Starch Blends
10.6.5 Polyesters
10.6.6 PLA
10.6.7 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 Plant-based Plastic Packaging Market Size Forecast by Applications
10.10.1 Food & Beverage
10.10.2 Automotive Transport
10.10.3 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 Plant-based Plastic Packaging Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Plant-based Plastic Packaging 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 Plant-based Plastic Packaging Market Size Forecast by Type
11.6.1 Bio-PET
11.6.2 Bio-PE
11.6.3 PHA
11.6.4 Starch Blends
11.6.5 Polyesters
11.6.6 PLA
11.6.7 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 Plant-based Plastic Packaging Market Size Forecast by Applications
11.10.1 Food & Beverage
11.10.2 Automotive Transport
11.10.3 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 Plant-based Plastic Packaging Analysis and Forecast
12.1 Introduction
12.2 Latin America Plant-based Plastic Packaging 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 Plant-based Plastic Packaging Market Size Forecast by Type
12.6.1 Bio-PET
12.6.2 Bio-PE
12.6.3 PHA
12.6.4 Starch Blends
12.6.5 Polyesters
12.6.6 PLA
12.6.7 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 Plant-based Plastic Packaging Market Size Forecast by Applications
12.10.1 Food & Beverage
12.10.2 Automotive Transport
12.10.3 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) Plant-based Plastic Packaging Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Plant-based Plastic Packaging 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) Plant-based Plastic Packaging Market Size Forecast by Type
13.6.1 Bio-PET
13.6.2 Bio-PE
13.6.3 PHA
13.6.4 Starch Blends
13.6.5 Polyesters
13.6.6 PLA
13.6.7 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) Plant-based Plastic Packaging Market Size Forecast by Applications
13.10.1 Food & Beverage
13.10.2 Automotive Transport
13.10.3 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 Plant-based Plastic Packaging Market: Competitive Dashboard
14.2 Global Plant-based Plastic Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Solegear Bioplastic Technologies Inc.
14.3.2 Clear Lam Packaging Inc
14.3.3 Solegear Bioplastic Technologies Inc.
