North America Bio-polymer Packaging Market – Growth & Forecast (2024

North America Bio-polymer Packaging Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Packaging is the process of designing and producing the wrapper or container for the product. Packaging will display the major content of the product including nutritional content, maximum retail price etc. and makes selling easier. Biopolymers are polymers that are biodegradable and are safe for the environment. Biobased goods are composed of the natural materials and are environmentally friendly products. These plastics are non-toxic, sustainable and recyclable photochemical packaging substitutes of synthetic polymers.

North America Biopolymer Packaging Market Size & Growth:

The North America Biopolymer Packaging Market size is projected to reach approximately $ XX m by the end of 2024 with a CAGR close to X% from $XX m in 2018 during the forecast timeline 2018-2024. The Key factors that drive the growth of the market include Increasing concern on bio-based content rather than biodegradability, increasing health concerns, government regulations and others. The demand for biopolymer packaging is majorly driven by growing environmental sustainability issues and the high costs of fossil fuel

North America Bio-polymer Packaging Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

products.

North America Biopolymer Packaging Market Share:

Various parameters divided the North America Biopolymer packaging market. By the Material Type, they are divided into BIO-PE, BIO-PET, PHL, Polylactide, and others. Among them, BIO-PET has the largest market because it has same physical properties to petroleum-based PET, which makes suitable for all applications without making major technological changes. By the Products, they are divided into plastic containers, pouches, bio-based films, bio-based containers and others. Among them, pouches have the largest market, because they are appealing as functional and offers features such as zipper re-seal, slider closure, and release values. By the End-User, they are divided into the hotel, retail stores, food & beverages, institutional and others. Among them food & beverages have the largest market owing to increasing concern of customers towards the food & health consciousness. By Geography, United States has the largest market due to high purchasing power and rising living standards in that region.

North America Biopolymer packaging Market Trends:

DuPont leaders tout biopolymers and technology for improved sustainability and recycling.
PolyBioSkin commenced work on the development of biopolymers for high-demand skin-contact applications.
PerkinElmer acquires chemagen Biopolymer-Technologies AG for improving the health and safety of the people, along with the environment.

North America Biopolymer Packaging Market Research Reports:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.

Regional and Global Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

Identify the latest developments, market shares and strategies that are employed by the major market players, such as

BASF SE
Braskem S.A.
Cargill Incorporated
Arkema S.A.
Solvay S.A.

Market Trends: DuPont leaders

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North America Bio-polymer Packaging Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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