Global Bioplastic Packaging Market Size & Outlook
The bioplastic packaging industry worldwide is expected to reach a projected revenue of US$ 50,566.4 million by 2030. A compound annual growth rate of 16.9% is expected of the worldwide bioplastic packaging industry from 2022 to 2030.
Revenue, 2021 (US$M)
$12,374.5
Forecast, 2030 (US$M)
$50,566.4
CAGR, 2022 - 2030
16.9%
Report Coverage
Worldwide
Global bioplastic packaging market, 2018-2030 (US$M)
Related Markets
Global bioplastic packaging market highlights
- The global bioplastic packaging market generated a revenue of USD 12,374.5 million in 2021 and is expected to reach USD 50,566.4 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 16.9% by 2030.
- In terms of segment, biodegradable accounted for a revenue of USD 6,474.5 million in 2021.
- Biodegradable is the most lucrative material segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2021.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 12,374.5 million |
| Market revenue in 2030 | USD 50,566.4 million |
| Growth rate | 16.9% (CAGR from 2021 to 2030) |
| Largest segment | Biodegradable |
| Fastest growing segment | Biodegradable |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biodegradable, Non-Biodegradable |
Other key industry trends
- In terms of revenue, the North America accounted for 27.4% of the global bioplastic packaging market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 860.5 million by 2030.
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Bioplastic Packaging Market Scope
Bioplastic packaging market segmentation & scope
Bioplastic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global bioplastic packaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bioplastic packaging market will help companies and investors design strategic landscapes.
biodegradable was the largest segment with a revenue share of 52.32% in 2021. Horizon Databook has segmented the Global bioplastic packaging market based on biodegradable, non-biodegradable covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Bioplastic Packaging Material Outlook (Revenue, USD Million, 2018-2030)
- Biodegradable
- Polylactic Acid
- Starch Blends
- PBAT
- PBS
- Others(PHA, Cellulose)
- Non-Biodegradable
- Bio Polyethylene
- Bio PET
- Bio PA
- Others (PP,PEF, PTT)
- Biodegradable
- Global Bioplastic Packaging Type Outlook (Revenue, USD Million, 2018-2030)
- Flexible
- Rigid
- Global Bioplastic Packaging Application Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverages
- Consumer Goods
- Cosmetic & Personal Care
- Pharmaceutical
- Other
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Target buyers of Global bioplastic packaging market databook
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Our clientele includes a mix of bioplastic packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global bioplastic packaging market , including forecasts for subscribers. This global databook contains high-level insights into Global bioplastic packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global bioplastic packaging market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Bioplastic packaging market size, 2021 (USD Million)
Top 10 countries: Bioplastic packaging market size, 2021 (USD Million)
Global bioplastic packaging market, by region, 2021 (US$M)
Related regional statistics
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