LONDON--(BUSINESS WIRE)--The bioplastic packaging market is expected to grow by $ 5.78 bn, progressing at a CAGR of almost 18% during the forecast period.
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The increasing government support is one of the major factors propelling market growth. However, factors such as high manufacturing cost for bioplastic will hamper the market growth.
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Bioplastic Packaging Market: Type Landscape
Based on the type, rigid bioplastic segment is expected to witness lucrative growth during the forecast period.
Bioplastic Packaging Market: Geographic Landscape
By geography, Europe is going to have a lucrative growth during the forecast period. About 32% of the market’s overall growth is expected to originate from Europe. The UK and Germany are the key markets for bioplastic packaging solutions in Europe.
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Companies Covered:
- Amcor Plc
- BioPak Pty Ltd.
- Cardia Bioplastics
- GOOD NATURED PRODUCTS Inc.
- Huhtamäki Oyj
- Johnson Matthey Plc
- NatureWorks LLC
- Northern Technologies International Corp. (NTIC)
- The Hemp Plastic Co.
- Tipa Corp. Ltd.
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- Rigid - Market size and forecast 2019-2024
- Flexible - Market size and forecast 2019-2024
- Market opportunity by Type
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume driver- Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Amcor Plc
- BioPak Pty Ltd.
- Cardia Bioplastics
- GOOD NATURED PRODUCTS Inc.
- Huhtamäki Oyj
- Johnson Matthey Plc
- NatureWorks LLC
- Northern Technologies International Corp. (NTIC)
- The Hemp Plastic Co.
- Tipa Corp. Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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