PUBLISHER: Polaris Market Research | PRODUCT CODE: 1720529
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1720529
The biopolymer packaging market size is expected to reach USD 84.19 billion by 2034, according to a new study by Polaris Market Research. The report "Biopolymer Packaging Market Size, Share, Trends, Industry Analysis Report: By Material [Polylactic Acid (PLA), Polyhydroxyalkanoates (PHA), Starch Blends, Polybutylene Succinate (PBS), and Others], End Use, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Biopolymer packaging refers to packaging materials made from renewable, biodegradable, or compostable biological sources, offering an eco-friendly alternative to traditional plastic packaging. Major industries such as food & beverage (F&B), personal care, and e-commerce are actively seeking eco-friendly packaging to meet sustainability goals and consumer expectations. Brands are aligning their packaging strategies with sustainable materials such as PLA, PHA, and starch-based biopolymers with increasing demand for organic and ethically sourced products. Leading companies such as Nestle, Unilever, and Coca-Cola have pledged to incorporate more biodegradable and recyclable materials into their packaging portfolios. Retailers and fast-food chains are also adopting biopolymer-based alternatives to replace plastic cutlery, straws, and takeaway containers, driving widespread commercialization of biopolymer packaging solutions and thereby fueling the biopolymer packaging market growth.
Large corporations and packaging manufacturers are integrating circular economy principles into their business strategies, further propelling biopolymer adoption. Many companies are committing to net-zero emissions, using renewable feedstocks, and reducing their reliance on fossil fuel-based packaging. Global initiatives such as The Ellen MacArthur Foundation's New Plastics Economy are pushing brands to develop biodegradable and compostable alternatives. Additionally, companies are forming partnerships with biopolymer producers to co-develop sustainable packaging solutions. Businesses are increasingly investing in sustainable materials with ESG (Environmental, Social, and Governance) factors influencing investor decisions, thereby driving the biopolymer packaging market demand.
Based on end use, the food and beverage segment dominated the biopolymer packaging market share in 2024, driven by increasing demand for eco-friendly packaging solutions in the food & beverage industry.
The polylactic acid (PLA) segment, based on material, is expected to witness significant growth during the forecast period due to its widespread use in food & beverage packaging, cost-effectiveness, and strong composability profile.
In 2024, Europe dominated the biopolymer packaging market revenue share due to stringent environmental regulations, strong government policies, and high consumer awareness regarding sustainability.
Asia Pacific is expected to record significant share during the forecast period driven by rising environmental concerns and increasing demand for sustainable packaging solutions.
A few global key market players are BASF SE; Biome Bioplastics Ltd.; CJ Biomaterials, Inc.; Danimer Scientific; FKuR Kunststoff GmbH; Futerro; Mitsubishi Chemical Holdings Corporation; Nature Works LLC; Novamont S.p.A.; Plantic Technologies Ltd.; Rodenburg Biopolymers; Synbra Technology BV; TIPA Corp Ltd.; Toray Industries, Inc.; and TotalEnergies Corbion.
Polaris Market Research has segmented the biopolymer packaging market report on the basis of material, end use, and region:
By Material (Revenue - USD Billion, 2020-2034)
By End Use (Revenue - USD Billion, 2020-2034)