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Bioplastic Packaging Market is Expected to Reach US$ 23.4 Billion in 2025

Get Sample Copy at : http://bit.ly/2MpKGxg <br><br>According to the new research report published by The Insight Partners, titled u201cBioplastic Packaging - Global Analysis and Forecast to 2025u201d, the global Bioplastic Packaging market is expected to reach US$ 23.4 Billion in 2025, registering a CAGR of 24.4% during the forecast period 2018-2025. <br><br>In 2017, Europe accounted for the largest revenue share of more than one-third of the total market share, followed by North America. <br><br>The growth in the Asia Pacific region is highly attributed to factors such as banning the usage of plastic bags in 2009 and 2011. Other countries in the region that have taxes or bans in place include Cambodia, Bangladesh, Hong Kong, Indonesia, India, Taiwan, and Malaysia among others.

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Bioplastic Packaging Market is Expected to Reach US$ 23.4 Billion in 2025

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  1. Bioplastic Packaging Market No. of Pages: 150 | Report Code: TIPTE100001366 | Category: Chemicals and Materials Bioplastic Packaging Market to 2025 - Global Analysis and Forecasts by Product (Starch Blends, Polylactic Acid, Polyethylene Terephthalate, Polyhydroxyalkanoates, and Polyethylene), Type (Rigid Packaging and Flexible Packaging), and Application (Food & Beverages, Consumer Goods, Cosmetic & Personal Care, and Pharmaceutical) E-Mail : sales@theinsightpartners.com

  2. Bioplastic Packaging Market No. of Pages: 150 | Report Code: TIPTE100001366 | Category: Chemicals and Materials INTRODUCTION: The global Bioplastic Packaging Marketis experiencing a high growth owing to increasing awareness among customers about the adverse impact of conventional plastics, surge in need for sustainable packaging solution, and rising government support for the incorporation of bioplastic in packaging. Moreover, the development of new technology and processes and the emergence of novel bioplastic materials are expected to the bioplastic packaging market growth during the forecast period. Bioplastics are influencing the plastic industry with innovation for more sustainability, functionality, and efficiency. Currently, bioplastic alternatives are available for almost all the conventional plastic material and respective applications which is driving the bioplastic packaging market. The global Bioplastic Packaging market accounted for US$ 4,399.7 Mn in 2017 and is expected to grow at a CAGR of 24.4% during the forecast period 2018 - 2025, to account for US$ 25,395.8 Mn in 2025. The global bioplastic packaging market is experiencing a high growth owing to increasing awareness among customers about the adverse impact of conventional plastics, surge in need for sustainable packaging solution, and rising government support for the incorporation of bioplastic in packaging. E-Mail : sales@theinsightpartners.com

  3. Bioplastic Packaging Market No. of Pages: 150 | Report Code: TIPTE100001366 | Category: Chemicals and Materials Today, customers are more aware of the adverse impact of conventional plastic on their lifestyle. Thus, consumers are demanding for more environmentally friendly products which decrease the use of petroleum and natural gas, thereby, reduce the carbon footprints. Currently, bioplastic is an alternative for nearly every conventional plastic material in diverse applications. Bioplastics offer innovative solutions with enhanced properties along with distinctive ability to reduce emissions and provide the same qualities and functionalities as that of conventional plastic. These biodegradable packaging materials are made using renewable resources as well as fossil raw materials such as cellulose ester, PLA, PHA, starch derivatives, copolyesters like PBS and PBAT, etc. Plastic packaging is extensively used in the range of application such as FMCG, food & beverages, pharmaceutical, consumer goods, etc. This increased use of plastic in several application is responsible for rising plastic pollution. Thus, recycling and reuse of plastic are becoming foremost important for innovation and sustainability. Moreover, conventional plastic is expected to become more expensive in the future with diminishing raw material sources. During the last few years, bioplastic has influenced the plastic industry through innovation for more resource efficiency, functionality, and sustainability. Bioplastic is playing a significant role to increase recycling targets and waste management by substituting petroleum resources with renewable resources. E-Mail : sales@theinsightpartners.com

  4. Bioplastic Packaging Market No. of Pages: 150 | Report Code: TIPTE100001366 | Category: Chemicals and Materials Bioplastic Packaging Market Strategic Insights The new development was observed as the most adopted strategy in global Bioplastic Packaging market. Few of the recent strategies by some of the players in the Bioplastic Packaging market landscape are listed below- 2018: NovamontS.p.A. launched the compostable and biodegradable CukiGelo bag made of Mater-Bi at Marca 2018. This product launch was a result of a strategic partnership between Cuki and NovamontS.p.A.2018: Arkema introduced a new project to manufacture polyamide 12 in China to increase by 25% its capacity of polyamide 12 polymers production so as to support its customers' strong demand in Asia.2018: The Dow Chemical Company launched recyclable polyethylene packaging solution in India in order to implement its new solution to support people in India meet regulations about the reduction of usage of multi-polymer plastics to save the environment. Get a PDF Sample Copy of Bioplastic Packaging Market: https://www.theinsightpartners.com/sample/TIPTE100001366/ E-Mail : sales@theinsightpartners.com

  5. Bioplastic Packaging Market No. of Pages: 150 | Report Code: TIPTE100001366 | Category: Chemicals and Materials The List of Companies NatureWorks LLC Arkema NovamontS.p.A. BASF SE Braskem Corbion N.V. Cardia Bioplastic Packaging Evonik Industries AG Koninklijke DSM N.V. Dow Chemical Company Inquire more @ https://www.theinsightpartners.com/reports/bioplastic-packaging-market/ E-Mail : sales@theinsightpartners.com

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