The North American bioplastic packaging market is projected to grow at a significant CAGR during the forecast period. The key factors that drive the growth of the bioplastic packaging industry include the increased demand for bio-based packaging in various end-user industries. There has also been an inclination of consumers towards the adoption of eco-friendly packaging products, this, in turn, is driving the growth of the North American bioplastic packaging market over the forecast period. Several initiatives and laws implemented by the regional government that ban the use of single-use non-biodegradable plastics further supports the growth of the market.
The North America 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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North American 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
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Regional Analysis
- US
- Canada
Company Profiles
- Arkema S.A.
- Overview
- Arkema SA in North America
- Arkema SA in Bioplastic Packaging Landscape
- Recent Developments
- BASF SE
- Corbion N.V.
- DaniMer Scientific LLC
- Eastman Chemical Co.
- Koninklijke DSM N.V.
- Mitsubishi Chemical Corp.
- Mondi PLC
- NatureWorks LLC
- Plastic Suppliers Inc.
- The Dow Chemical Co.
- Toray Industries Inc.
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