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Pulished Date February, 2020
ID: 9328
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Asia Pacific Bioplastic Packaging Market by type (Bio-PET, PLA, PBS, Bio-PP, and others), by application (Plastic Bottles, Packaging, and others) - industry analysis, size, share, growth, trends, forecasts (2020 – 2025).

Pulished: February, 2020
ID: 9328
Pages: 175

Asia Pacific Bioplastic Packaging Market Value And Growth:

The Asia Pacific Bioplastic Packaging Market will grow from US$ xx billion in 2020 to $ xx billion in 2025, recording a compound annual growth rate of above xx% over the forecast period from 2020 to 2025.

The Asia Pacific Bioplastic Packaging market is estimated to rise at a considerable compound annual growth rate throughout the foreseen period of 2020 to 2025. Bioplastics are mainly a biodegradable group of polymers, which can be produced from renewable resources. Traditional plastics are more and more becoming unpopular owing to the fact that they can last for a very long time and can be dangerous to present life and the ecosystem in common, and rely heavily on the oil and gas business for raw materials. Traditional plastics are employed in almost all businesses as material for casings, electronics, packaging, and several other products. This high volume of products made out of materials that will not be degraded for years is creating a high level of worry, particularly in growing economies, and rising ones are swiftly following suit.

The Bioplastic Packaging Market is segmented with the presence of numerous manufacturers, and the competitive dynamics in the market is estimated to change during the future years. The rising environmental worries owing to increasing pollution has led to a customer shift toward biodegradable material-based products. Many end-users, including retailers and food processing businesses, are focusing on providing products in bioplastic packaging to cater to the demand for sustainable packaging solutions. For example, Waitrose & Partners declared its plan to replace plastic bags with bioplastic bags in September 2018. Co-operative Group announced the replacement of its all single-use plastic bags with biodegradable substitutes involving bioplastic bags. Hence, such an increase in adoption of this packaging by different end-users will drive the expansion of the global bioplastic packaging market at a CAGR of about 18% during the foreseen period, which will boost the demand in regional economies like the Asia Pacific.

Asia Pacific Bioplastic Packaging Market Recent Developments and Trends in Industry:

  • Arkema introduced high-performance, eco-friendly solutions at Düsseldorf, Germany. French specialty chemicals and developed materials giant Arkema SA witnessed a range of products for transportation, customer products, sports, industry and construction sectors at K 2019 in Düsseldorf. 
  • Two significant Italian research and technology businesses, Novamont and Saes Group, both with high patent portfolios and recognised as leaders in biochemicals and functional materials, have come together to develop solutions to meet the rising demand for materials with lower environmental effect and very high technical performance. 

Asia Pacific Bioplastic Packaging Market Drivers and Restraints:

Technological developments and government incentives are probable to erase the price gap between traditional and bioplastics eventually, but the Asia Pacific bioplastics packaging market faces an uphill battle till then. Stringent government rules against the consumption of non-recyclable plastics are boosting the expansion of the market. Rising awareness about sustainable packaging among the customers and abundant availability of raw material in growing economies have a positive effect on the development of the market. The key driver for the Asia Pacific bioplastic packaging market is the increasing support given by governments boosting the incorporation of bioplastics in place of traditional plastics. The total advantage to a country adopting bioplastics on a mass scale is the prevention of the ecological damage, which would have been caused by conventional plastics.

Moreover, this also gets rid of the requirement for further resources to fix the damage. The rising awareness among the average population about the ecological effect on their lifestyles is another primary driver for the Asia Pacific bioplastic packaging market. The requirement to balance the physical properties of plastics and the biodegradability of organic matter results in high production costs that results in premium prices. Whereas, the high rates of bio-based materials may hinder the expansion of the market. Also, high complexity related to the production of bioplastic packaging materials through agro-based raw materials is estimated to challenge the regional market expansion in the coming years.

Asia Pacific Bioplastic Packaging Market segmentation:

On The Basis Of Type,

  • Bio-PET
  • PLA
  • PBS
  • Bio-PP

 Bio-PET sector leads the APAC market owing to high employment in bottling and packaging businesses. It has similar properties to traditional PET. It is broadly employed in the making of different products like bottles, food containers, bags, and carry-away cups.

On The Basis Of Application

  • Plastic bottles
  • Packaging

others. Packaging sector leads the Asia Pacific bioplastic packaging market on the basis of application and is estimated to be the quickest rising segment in the forecast period. Bioplastics are widely employed in the packaging business for food packaging, pharmaceuticals packaging, and goods packaging.

Asia Pacific Bioplastic Packaging Market geographical analysis:

Asia Pacific Bioplastic Packaging Market Industry includes

  • India
  • China
  • Japan
  • South Korea

Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC.

The Asia-Pacific market is estimated to showcase the quickest expansion in the global business. The rising demand for eco-friendly, advanced, and effective packing due to the increasing consumption of packaged food and beverages, and the escalating requirement for packaging solutions from e-commerce business. This will create an opportunity for the developed bioplastic packaging solutions in the growing economies. China bioplastic packaging market is foreseen to account for the leading portion of the regional business in the estimated period, followed by the Indian bioplastic packaging market.

Asia Pacific Bioplastic Packaging Market key players:

Since only some companies are participating in the expansion of bioplastics packaging market, contribution of each one of them is very-instrumental towards market growth. And, a stiff competition is being estimated among such businesses with respect to accounting for bigger market share. Some of the major players in the Bioplastic Packaging market are BASF SE, Dow Chemical Company, Koninklijke DSM N.V., Eastman Chemical Company, IFS chemicals, NatureWorks LLC, Metabolix Inc., Arkema Group, Novamont S.p.A., Albis Plastics, Innovia Films, Biome Bioplastics Limited., FKuR Kunststoff, Grace Biotech, and DaniMer Scientific LLC.

 

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Bioplastic Packaging Market, By Type                              

                                6.1.1 Bio-PET     

                                6.1.2 PLA             

                                6.1.3 PBS             

                                6.1.4 Bio-PP       

                                6.1.5 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.6 Y-o-Y Growth Rate Analysis             

                                6.1.7 Market Attractiveness Index          

                6.2 Bioplastic Packaging Market, By Application                 

                                6.2.1 Plastic Bottles        

                                6.2.2 Packaging

                                6.2.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.4 Y-o-Y Growth Rate Analysis             

                                6.2.5 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Type    

                                7.2.3 By Application        

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Type    

                                7.3.3 By Application        

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Type    

                                7.4.3 By Application        

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Type    

                                7.5.3 By Application        

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Type    

                                7.6.3 By Application        

8. Key Player Analysis                                    

                8.1 BASF SE                        

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Dow Chemical Company                       

                8.3 Koninklijke DSM N.V                              

                8.4 Eastman Chemical Company                               

                8.5 IFS Chemicals                             

                8.6 NatureWorks LLC                     

                8.7 Metabolix Inc.,                          

                8.8 Arkema Group                          

                8.9 Novamont S.p.A                       

                8.10 Albis Plastics                            

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Asia Pacific Bioplastic Packaging Market By Type, From 2020-2025 ( USD Billion )
  2. Asia Pacific Bio-PET Market By Region, From 2020-2025 ( USD Billion )
  3. Asia Pacific PLA Market By Region, From 2020-2025 ( USD Billion )
  4. Asia Pacific PBS Market By Region, From 2020-2025 ( USD Billion )
  5. Asia Pacific Bio-PP Market By Region, From 2020-2025 ( USD Billion )
  6. Asia Pacific Bioplastic Packaging Market By Application, From 2020-2025 ( USD Billion )
  7. Asia Pacific Plastic Bottles Market By Region, From 2020-2025 ( USD Billion )
  8. Asia Pacific Packaging Market By Region, From 2020-2025 ( USD Billion )
  9. Japan Bioplastic Packaging Market By Type, From 2020-2025 ( USD Billion )
  10. Japan Bioplastic Packaging Market By Application, From 2020-2025 ( USD Billion )
  11. China Bioplastic Packaging Market By Type, From 2020-2025 ( USD Billion )
  12. China Bioplastic Packaging Market By Application, From 2020-2025 ( USD Billion )
  13. India Bioplastic Packaging Market By Type, From 2020-2025 ( USD Billion )
  14. India Bioplastic Packaging Market By Application, From 2020-2025 ( USD Billion )
  15. Australia Bioplastic Packaging Market By Type, From 2020-2025 ( USD Billion )
  16. Australia Bioplastic Packaging Market By Application, From 2020-2025 ( USD Billion )
  17. South Korea Bioplastic Packaging Market By Type, From 2020-2025 ( USD Billion )
  18. South Korea Bioplastic Packaging Market By Application, From 2020-2025 ( USD Billion )

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