Bioplastic Packaging Market, By Material (Biodegradable, and Non-biodegradable), By Type (Rigid and Flexible), By Application (Food & Beverages, Consumer Goods, Pharmaceutical, Industrial Goods, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Feb 2025

Code : CMI1256

Pages :187

Formats :

Excel and PDF

Industry : Packaging

Bioplastic Packaging Market Size and Trends

The global bioplastic packaging market is estimated to be valued at USD 10.64 Bn in 2025 and is expected to reach USD 24.29 Bn by 2032, growing at a compound annual growth rate (CAGR) of 12.5% from 2025 to 2032.

Bioplastic Packaging Market Key Factors

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The market is driven by the increasing awareness about sustainable packaging and favorable government regulations regarding the use of bioplastics. Major factors such as growing demand for eco-friendly packaging among consumers and regulations banning single-use plastic are boosting the growth of the bioplastic packaging market. Moreover, bioplastic packaging helps companies strengthen their sustainability profiles and gives them a competitive edge. However, high production cost of bioplastics as compared to conventional plastics and non-uniform global legislative scenario is restraining the market growth.

Environmental Concerns

With the growing awareness about the detrimental impact of plastic waste on the environment, there is a rising consumer preference for eco-friendly and sustainable packaging solutions. The non-biodegradable nature of conventional plastics means they persist in landfills and the environment for very long durations causing grave issues like pollution of water bodies and harm to wildlife. Bioplastics on the other hand are either biodegradable or comprise a certain percentage of biobased content making them a more environment-friendly alternative. Their production also involves usage of renewable biomass resources like corn, sugarcane or vegetable oils instead of fossil fuels bringing down the carbon footprint. More brands and retailers are switching to bioplastic packaging to appeal to consumers who are increasingly looking to make green choices. Regulations in some countries also mandate the use of bioplastics made from renewable sources for specific types of plastic products and packaging. This eco-awareness among shoppers as well as stricter norms have boosted demand for bioplastic packaging globally.