Bioplastics Packaging Market Outlook: USD 14.07 Billion Target by 2032 2025

According to Fortune Business Insights, The global bioplastics packaging market was valued at USD 6.33 billion in 2024 and is anticipated to increase from USD 6.92 billion in 2025 to USD 14.07 billion by 2032, reflecting a CAGR of 10.67% during the forecast period. Asia Pacific emerged as the leading region, accounting for a 42.18% market share in 2024.

The Bioplastics Packaging Market is witnessing rapid expansion driven by the global shift toward sustainable materials, rising environmental concerns, and growing consumer preference for eco-friendly packaging. Bioplastics, derived from renewable biomass sources such as corn starch, sugarcane, or cellulose, offer a sustainable alternative to conventional petroleum-based plastics.

Market Overview

The global bioplastics packaging market is poised for significant growth due to increasing government regulations on single-use plastics, rising demand from the food & beverage sector, and ongoing advancements in biodegradable materials. Leading manufacturers are investing in research and development to enhance the performance, durability, and cost-efficiency of bioplastic materials.

According to industry estimates, the market is expected to grow at a strong CAGR from 2025 to 2032, driven by the adoption of sustainable packaging solutions across multiple industries, including food & beverages, personal care, pharmaceuticals, and consumer goods.

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List of Top Bioplastics Packaging Companies:

• Corbion N.V. (Netherlands)

• Coveris (U.K.)

• Bio Futura (Netherlands)

• Safepack Packaging Solutions (India)

• Amcor Plc. (Australia)

• PLAMFG (U.S.)

• Plantic Technologies (Australia)

• Futamura Group (Japan)

• NatureWorks LLC (U.S.)

• Polymateria Ltd. (U.K.)

Key Market Drivers

1. Rising Environmental Awareness:
   Growing awareness about plastic pollution and carbon footprint reduction has significantly boosted demand for bioplastic packaging solutions.

2. Government Initiatives & Regulations:
   Stringent policies banning single-use plastics and encouraging compostable packaging materials have accelerated bioplastics adoption.

3. Innovation in Materials & Processing:
   Continuous innovation in PLA (Polylactic Acid), PHA (Polyhydroxyalkanoates), and starch blends is improving the quality and affordability of bioplastic packaging.

4. Expanding Food & Beverage Sector:
   The surge in demand for sustainable food packaging solutions, especially in ready-to-eat meals and beverages, is fueling market growth.

Market Segmentation

By Material Type:

• Polylactic Acid (PLA)

• Polyhydroxyalkanoates (PHA)

• Starch Blends

• Bio-PET

• Bio-PE

• Others

By Application:

• Food & Beverage Packaging

• Personal Care & Cosmetics

• Pharmaceuticals

• Household Products

• Others

By Region:

• North America

• Europe

• Asia-Pacific

• Latin America

• Middle East & Africa

Europe currently dominates the market, supported by strong sustainability mandates and consumer demand for green packaging. However, the Asia-Pacific region is expected to exhibit the fastest growth rate due to rising industrialization and increased awareness about sustainable materials in countries like China, Japan, and India.

Competitive Landscape

Key players in the bioplastics packaging market are focusing on strategic partnerships, mergers, and innovation to expand their product portfolios. Companies such as NatureWorks LLC, BASF SE, Novamont S.p.A., Braskem S.A., and Total Corbion PLA are investing heavily in bio-based technologies and expanding global production capacities.

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Future Outlook

The bioplastics packaging market is expected to continue its upward trajectory through 2032, supported by circular economy goals, brand sustainability commitments, and ongoing R&D investments. Technological advancements that enhance material performance and biodegradability will further strengthen the industry’s market position.

The transition toward a greener and more sustainable packaging ecosystem is no longer optional—it’s inevitable. The Bioplastics Packaging Market will play a vital role in shaping the future of the packaging industry by offering innovative, renewable, and environmentally responsible solutions.

KEY INDUSTRY DEVELOPMENTS:

• January 2024 – A leader in the sustainable packaging industry, Print & Pack, launched a new era of eco-friendly packaging solutions tailored for small businesses and eco-conscious brands across North America.

• December 2023 – Melodea launched MelOx NGen, a high-performance barrier product designed to enhance the recyclability of plastic food packaging and other applications. This water-based and plant-sourced coating is designed to be applied to various types of packaging materials such as films, pouches, bags, lids, and blister packs.