Global Bio-Plastic Packaging Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Bio-Plastic Packaging market.

Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Bio-Plastic Packaging market."
Bioplastics are plastics in which all carbon is derived from renewable feedstocks. They may or may not be biodegradable. Biobased plastics contain both renewable and fossil-fuel-based carbon. The percentage of biobased ingredients and the conditions under which the biobased product may biodegrade, if at all, vary widely. Products on the market are made from a variety of natural feedstocks including corn, potatoes, rice, tapioca, palm fiber, wood cellulose, wheat fiber and bagasse. Products are available for a wide range of applications such as cups, bottles, cutlery, plates, bags, bedding, furnishings, carpets, film, textiles and packaging materials.
Bioplastic packaging materials are derived from bio-based resins such as poly lactic acid (PLA), bio-PET, bio-PP, PHA. Aforementioned resins provide properties such as tensile strength and enhanced impact resistance which increase their application in food & beverages, kitchen utensils and electronics industries over the forecast period.
Europe is expected to be one of the largest markets for bioplastic packaging over the forecast period on account of stringent regulations against consumption of non-recyclable plastics along with gaining popularity of sustainable packaging in manufacturing industry. Supportive government policies in Europe that includes Europe 2020 strategy which supports bio-economy encourage public authorities to give preference towards procurement of bio based products and allowing member states to reduce taxes for bio based products.

The global Bio-Plastic Packaging market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Bio-Plastic Packaging volume and value at global level, regional level and company level. From a global perspective, this report represents overall Bio-Plastic Packaging market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    Arkema
    Dupont
    NatureWorks
    Heritage Pioneer Corporate Group
    Novamont
    Metabolix
    Reverdia
    Solvay
    Bioamber
    Corbion

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Poly Lactic Acid (PLA)
    Bio-PET
    Bio-PP
    PHA

Segment by Application
    Food & Beverages
    Kitchen Utensils
    Electronics Industries
    Other Industry