Asia-Pacific Bioplastic Packaging Market to Signify Strong Growth by 2022-2028

The Asia-Pacific bioplastic packaging market is projected to grow at a significant CAGR during the forecast period (2020-2026). The key factors that drive the growth of the market include the increased demand for eco-friendly packaging options across various end-user industries. Due to the rising environmental concerns, consumers as well as the big brands are shifting their non-renewable packaging products to the renewable bio-based packaging items, which, in turn, is driving the growth of the Asia-Pacific bioplastic packaging market growth over the forecast period. Besides, there are several government initiatives and laws that ban encourages the use of bio-based products and bans the use of single-use non-biodegradable plastics, which further supports the growth of the market.

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The Asia-Pacific biosimilar market is segmented on the basis of type, packaging type, and end-user industry. Based on the type, the market has been segmented as biodegradable plastics and non- biodegradable plastics. The biodegradable plastics segment is further sectioned as starch-based, polylactic acid (PLA), polyhydroxyalkanoates (PHA), polyester, and cellulose derivatives. The non-biodegradable plastics segment is further sectioned as bio-polyethylene terephthalate (PET), bio-polyethylene, bio-polyamides, bio-poly trimethylene terephthalate, and other non-biodegradable plastics. Based on the packaging type, the market is segmented as rigid packaging and flexible packaging. Based on the end-user industry, the market is segmented as food & beverage, pharmaceutical, personal care, and others.

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Asia-Pacific Bioplastic Packaging Market Segmentation

By Type

  • Biodegradable Plastics
  • Starch-based
  • Polylactic Acid (PLA)
  • Polyhydroxyalkanoates (PHA)
  • Polyester
  • Cellulose Derivatives
  • Non-biodegradable Plastics
  • Bio-polyethylene Terephthalate (PET)
  • Bio-Polyethylene
  • Bio-Polyamides
  • Bio-Polytrimethylene Terephthalate
  • Other Non-biodegradable Plastics

By Packaging Type

  • Rigid Packaging
  • Flexible Packaging

By End-User Industry

  • Food & Beverage
  • Pharmaceutical
  • Personal Care
  • Others

Regional Analysis

  • China
  • India
  • Japan

Rest of Asia-Pacific

Company Profiles 

  • Arkema S.A.
  • Overview
  • Arkema SA in Asia-Pacific
  • Arkema SA in Bioplastic Packaging Landscape
  • Recent Developments
  • BASF SE
  • Eastman Chemical Co.
  • Koninklijke DSM N.V.
  • Mondi PLC
  • Rengo Co. Ltd.
  • Tetra Pak International SA
  • The Dow Chemical Co.
  • Toray Industries Inc.

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