Stratview Research has published a new report titled “Bioplastic Packaging Market” which is segmented By Material Type (BIO-PET, BIO-PE, BIO-PA, Other Bio-Based/Non-Biodegradable Materials, Starch Blends, PLA, PBAT, PHA , and Other Biodegradable Materials), By Product Type (Rigid Packaging, Flexible Packaging), By End-Use Industry Type(Food, Beverage, Pharmaceuticals, Personal Care & Household Care, and Others), and by Region (North America, Europe, Asia-Pacific, South America, and The Middle East & Africa).

As per the study, the market is likely to witness a steady CAGR of 14.2% during the forecast period. Increasing concerns for the environment due to climate change and global warming is forcing government and organizations to shift towards bioplastic products. Reduction in plastic products will result in a reduction in greenhouse effects, a major factor responsible for climate change and global warming.

Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the industry's market dynamics. It thoroughly analyzes the market segments, including products, applications, and competitor analysis.

The market is bifurcated into various segments. Below is the segment-wise analysis -
By Product Type
The bioplastic packaging market is segmented as rigid packaging and flexible packaging. The rigid packaging segment is expected to be the higher-growing segment during the forecast period Owing to its vast application in beauty & personal care products and as bottles for beverages.

Which Region is expected to remain the largest market?
Europe is estimated to be the largest region for the bioplastic packaging market during the forecast period. Growing awareness among the population towards the harmful effects of plastics coupled with government initiatives and regulations have resulted in increased use of bioplastics in the region.

Who are the Key Players in the Market?
This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, enabling strategic decision-making for the existing market players and those willing to enter the market
. Following are the key players acting in the Bioplastic Packaging Market:
• The Dow Chemical Company
• Metabolix, Inc.
• Novamont SpA, LLC
• Innovia Films, Ltd
• NatureWorks
• Braskem SA
• BASF SE
• Arkema SA
• Koninklijke DSM NV

Key questions answered by the report.
• What is the projected CAGR for revenue from the Bioplastic Packaging Market during the forecast period?
• What would the market be valued at by 2025?
• What is a major driving factor for the growth of the market?
• Which region accounted for the largest revenue share in the Bioplastic Packaging Market?
• Which are the major market players?

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