Biopolymer Films Market, By Type (Bio-Based, Microbial Synthesized, Synthetic, And Partially Bio-Based), By Application (Food & Beverage, Home & Personal Care, Medical & Pharmaceutical, Agriculture, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029

Report Code: PMI150919 | Publish Date: December 2023 | No. of Pages: 168

Global Biopolymer Films Market By Overview

Introduction:

Biopolymers are formed organically from organic sources such as plant proteins and starch, and when exposed to moisture and heat, they are rapidly degraded by microorganisms. Bio-based plastics and biopolymers have been widely employed because of their capacity to replace oil-based packaging materials with bio-based films and containers, which may provide a competitive advantage due to a more sustainable and greener image, as well as superior technical capabilities. Living organisms produce biopolymers, which are organic compounds made up of repeated monomers. Microorganisms manufacture biopolymers with the help of appropriate nutrients and carefully controlled environmental conditions. In response to a significant marketing trend toward ecologically friendly materials, biopolymer films have been viewed as prospective substitutes for synthetic films in food packaging applications. Global Biopolymer Films Market accounted for US$ 5.20 billion in 2020 and is estimated to be US$ 9.37 billion by 2030 and is anticipated to register a CAGR of 6.1%.

Global Biopolymer Films Market By Dynamics

Technological advancements, the implementation of carbon-reduction rules will drive the growth of the Market

Normally, biopolymers are derived from natural sources such as plant proteins and starch. When exposed to witness and warmth, they are efficiently degraded by the activity of smaller scale life organisms. Because of their ability to replace oil-based bundling materials with bio-based films and compartments, bio-based plastics and biopolymers have been used.

In the coming years, technological advancements, the implementation of carbon-reduction rules, fluctuating fuel costs, and limited access to oil assets are projected to stimulate demand for bio-based plastics and polymers. One of the global biopolymer films market's limitations is the high creation cost compared to engineered films. Biopolymers are made from natural sources such as starch and plant proteins, and they are easily degraded by microorganisms when exposed to moisture, heat, and microbial action. The raw materials needed to make biopolymer films are readily available, and they have a low carbon footprint. These benefits and features of biopolymer films are expected to boost market revenue growth throughout the forecast period. Growing adoption of less harmful or environmentally friendly products across numerous industries, as well as the capabilities of biopolymer-based materials for packaging food products, is driving demand for biopolymer films.

Global Biopolymer Films Market By Segmentation

                                               

 

                                            Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.

The Global Biopolymer Films Market report segments the market on the basis of type, application, and region.

On the basis of Type, the Global Biopolymer Films Market is segmented into Bio-Based, Microbial Synthesized, Synthetic, And Partially Bio-Based. Based on Application, the target market is segmented into Food & Beverage, Home & Personal Care, Medical & Pharmaceutical, Agriculture, and Others.

Regional Insights:

 

                                                                                                    Source: Prophecy Market Insights

                                 

On region the Global Biopolymer Films Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Due to strong product demand for food packaging applications, North America will lead the global biopolymer films market in 2020. The United States is a big contributor to the packaged food business. As a result, biopolymer films are in high demand in the region. Furthermore, the presence of tight FDA standards for food packaging applications in the United States is expected to boost the market in North America during the forecast period. Asia Pacific plays a significant role in the worldwide market. Due to rising demand for these films in culinary and medical applications, the market in the area is likely to offer considerable potential prospects. Increased consumer spending on food, beverages, and cosmetics is expected to increase the region's economy even further.

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2029

Market Segmentation

By Type- Bio-Based, Microbial Synthesized, Synthetic, And Partially Bio-Based

By Application– Food & Beverage, Home & Personal Care, Medical & Pharmaceutical, Agriculture, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Biopolymer Films Market report based on Type, Application and region.

                                 

 

Global Biopolymer Films Market, By Region:

North America

U.S.

Canada

Europe

Germany

UK

France

Russia

Italy

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

GCC

Israel

South Africa

Rest of Middle East & Africa

 

Global Biopolymer Films Market By Key Players

Key players in the Global Biopolymer Films Market includes BioBag International AS, Avery Dennison, BASF SE, Amcor Ltd., Braskem, Mondi Group, Innovia Films, Toray Industries, NatureWorks LLC and Industria Termoplastica Pavese. Industry operators rely on substantial research and development to improve their product portfolio in response to end-user demand. Furthermore, a plentiful supply of raw materials for product manufacturing tends to attract new market participants. The worldwide biopolymer films market competitive landscape is characterised by strategic and commercial alliances for technological breakthroughs, product development, and market hold strengthening.

Global Biopolymer Films Market By Company Profile

  • BioBag International AS
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Avery Dennison
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Amcor Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Braskem
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mondi Group
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Innovia Films
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Toray Industries
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

Global Biopolymer Films Market By Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Biopolymer Films Market,, By Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Bio-Based
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Microbial Synthesized
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Synthetic
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Partially Bio-Based
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Biopolymer Films Market,, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Food & Beverage
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Home & Personal Care
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Medical & Pharmaceutical
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Agriculture
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Biopolymer Films Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America

 

  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • BioBag International AS
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Avery Dennison
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Amcor Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Braskem
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mondi Group
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Innovia Films
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Albaad
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Toray Industries
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Global Biopolymer Films Market is segmented based on type, application and region.

Technological advancements, the implementation of carbon-reduction rules is major factor driving the market

During the forecast period, North America is expected to dominate the market.

Key players in the Global Biopolymer Films Market include, Applied Systems, Vertafore Inc, HawkSoft Inc., QQ Solutions, Sapiens/Maximum Processing, Xdimensional Tech, Agency Matrix, Jenesis Software, Insurance Systems, and Zhilian Software.