Market Trends of Europe Biodegradable Plastic Packaging Industry
This section covers the major market trends shaping the Europe Biodegradable Plastic Packaging Market according to our research experts:
Starch Blend Material to Witness Significant Market Share
- Biodegradable plastics altogether, including PLA, PHA, starch blends and others, account for over 55.5 % (over 1 millions tonnes) of the global bioplastics production capacities (European Bioplastics Estimates).
- New and innovative biopolymers, such as bio-based PP (polypropylene) and PHAs (polyhydroxyalkanoates) show the highest relative growth rates and are expected to do so in future.
- Starch-based plastics are complex blends of starch with biodegradable or compostable plastics such as polylactic acid, polybutylene adipate terephthalate, polybutylene succinate, polycaprolactone, and polyhydroxyalkanoates. Among the biodegradable plastics packaging materials Starch Blend has been witnessing significant growth in the previous years due to its large variety of applications.
- Starch-based plastics have become even more relevant after the introduction of improved resin grades, their ability to blend with other biopolymers and an increasing number of suppliers. Starch-based bioplastics are widely used in medical industry packaging due to their biocompatibility, low toxicity, degradation properties and mechanical properties.
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Flexible Packaging to Hold Dominant Market Share
- Biodegradable plastics are used in various markets, from packaging, catering products, consumer electronics, automotive, agriculture/horticulture, and toys to textiles and a number of other segments.
- Among the various applications packaging holds the dominant position in local and international market space with more than 53 percent (1.14 million tonnes) of the total bioplastics market in 2019.
- Flexible packaging is any package whose shape can be easily changed and therefore is named flexible. Examples of such package includes bags, pouches, shrink films, tubes, sleeves and carded packaging among others.
- The usage of flexible biodegradable plastic packages are in high usage in the food and beverages industry. The increased usage pf packaged food along with awareness around environmental protection has contributed to a lot of known brands using flexible bioplastics for food and beverage packaging.
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