Europe Bioplastics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers European Bioplastics Market Analysis and it is segmented by product type (bio-based biodegradables (starch-based, Polylactic Acid (PLA), Polyhydroxyalkanoates (PHA), Polyester (PBS, PBAT, and PCL), and other bio-based biodegradables) and bio-based non-biodegradables (Bio-polyethylene Terephthalate, Bio-polyethylene, Bio-polyamides, Bio-poly trimethylene Terephthalate, and other bio-based non-biodegradables)), application (flexible packaging, rigid packaging, automotive and assembly operations, agriculture and horticulture, construction, textiles, electrical and electronics, and other applications), and geography (Germany, United Kingdom, Italy, France, Spain, Russia, Nordic Countries, and rest of Europe). The report offers market size and forecasts for all the above segments in volume (kiloton).

Europe Bioplastics Market Size

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Europe Bioplastics Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Volume (2024) 0.88 Million tons
Market Volume (2029) 1.70 Million tons
CAGR (2024 - 2029) 14.08 %
Market Concentration Low

Major Players

Europe Bioplastics Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Europe Bioplastics Market Analysis

The Europe Bioplastics Market size is estimated at 0.88 Million tons in 2024, and is expected to reach 1.7 Million tons by 2029, growing at a CAGR of 14.08% during the forecast period (2024-2029).

Due to the COVID-19 pandemic, the market was significantly impacted in 2020. However, the market is now estimated to reach the pre-pandemic levels.

  • Over the short term, major factors driving the market studied are environmental factors encouraging a paradigm shift and growing demand for bioplastics in flexible packaging.
  • However, the availability of cheaper alternatives is likely to hinder the market's growth.
  • Flexible packaging applications are expected to dominate the market, in terms of volume, during the forecast period.
  • Growing use in the electronics industry will likely offer future market opportunities.

Europe Bioplastics Market Trends

Flexible Packaging Expected to Dominate the Market

  • Bioplastics are used in flexible packaging, as they are not harmful to nature, and a few are easily degradable.
  • They are used in packaging films for food items, medicines, beverage bottles, packaging films, and packaging of non-food products, such as napkins and tissues, toilet paper, nappies, sanitary towels, cardboard, and coat paper for food wrapping paper, and coated cardboards to make cups and plates. Moreover, they are used in flexible and loose-fill packaging.
  • The rising population, increased spending power, rapid urbanization, and retail sector development in regions, including Asia, Eastern Europe, and the Middle East, are factors augmenting the growth of the packaging industry.
  • Moreover, polylactic acid (PLA) is used in the packaging of food items, while bio-polyethylene terephthalate (PET), bio-polyethylene, and bio-polypropylene are majorly used as packaging films.
  • Furthermore, in 2022, the Europe food and beverages industry employed 4.6 million people. It generated USD 1.159 trillion in revenue and USD 242.37 billion in value-added, making it one of the largest manufacturing industries in Europe. Thereby, increasing the food and beverages industry in the region, the demand for food packaging increases, as well as the market studied.
  • Bioplastic consumption is increasing in making plastic bags, as they are nature-friendly. Organic waste collection bags are used in hospitals, hotels and restaurants, commercial and retail outlets, and houses. Local governments of different countries also initiated their usage.
  • The usage of bioplastics is the highest in the packaging sector, which is increasing due to growing environmental concerns worldwide.
  • Owing to all the factors above, the market is projected to grow significantly during the forecast period.
Europe Bioplastics Market: Market Size of B2C e-commerce, in EUR billion, By Country, Europe, 2021

Germany to Dominate the Market

  • Germany is one of the major economies in Europe, and the bioplastics consumption market grew at the fastest rate in the country.
  • The packaging industry in Germany is among the major consumers of bioplastics in Europe, and regulations by the government drove the market. Germany is one of the first countries to provide certification of biodegradable plastics by DIN CERTCO.
  • Germany leads the European automotive market, with 41 assembly and engine production plants contributing to one-third of Europe's total automobile production. Germany, one of the leading manufacturing bases of the automotive industry, is home to manufacturers from across segments, including equipment manufacturers, material and component suppliers, engine producers, and whole system integrators.
  • According to the OICA, in the first nine months of 2022, Germany's automobile production grew 14% compared to the same period in 2021. The automotive production in 2022 reached 3.68 million, increasing from 3.31 million in 2021.
  • The textile industry of Germany is the largest in the European region, with around 6,000 registered companies. The country is a prominent importer of textile raw materials and an exporter of finished textile products. The industry grew to a gigantic stature, as it caters to around 18% of the textile market in Europe, and the technical textiles from Germany cater to 45% of the global demand.
  • All the abovementioned factors, in turn, are projected to significantly impact the market growth over the coming years.
Europe Bioplastics Market: Automobile Production, in units, Germany, 2018-2022

Europe Bioplastics Industry Overview

The European bioplastics market is fragmented in nature. Some of the key players in the market include Braskem, Novamont SpA, NatureWorks LLC, BASF SE, and Indorama Ventures Public Company Limited, among others.

Europe Bioplastics Market Leaders

  1. NatureWorks LLC

  2. Novamont S.p.A.

  3. Braskem

  4. BASF SE

  5. Indorama Ventures Public Company Limited

*Disclaimer: Major Players sorted in no particular order

Europe Bioplastics Market Concentration
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Europe Bioplastics Market News

  • February 2022: Carbios and Indorama Ventures announced their partnership for bio-recycled PET in France with a processing capacity estimated at 50,000 tons.

Europe Bioplastics Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Environmental Factors Encouraging a Paradigm Shift

      2. 4.1.2 Growing Demand for Bioplastics in Flexible Packaging

      3. 4.1.3 Other Drivers

    2. 4.2 Restraints

      1. 4.2.1 Availability of Cheaper Alternatives

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION (Market Size in Volume)

    1. 5.1 Product Type

      1. 5.1.1 Bio-based Biodegradables

        1. 5.1.1.1 Starch-based

        2. 5.1.1.2 Polylactic Acid (PLA)

        3. 5.1.1.3 Polyhydroxyalkanoates (PHA)

        4. 5.1.1.4 Polyester (PBS, PBAT, and PCL)

        5. 5.1.1.5 Other Bio-based Biodegradables

      2. 5.1.2 Bio-based Non-biodegradables

        1. 5.1.2.1 Bio-polyethylene Terephthalate

        2. 5.1.2.2 Bio-polyethylene

        3. 5.1.2.3 Bio-polyamides

        4. 5.1.2.4 Bio-polytrimethylene Terephthalate

        5. 5.1.2.5 Other Bio-based Non-biodegradables

    2. 5.2 Application

      1. 5.2.1 Flexible Packaging

      2. 5.2.2 Rigid Packaging

      3. 5.2.3 Automotive and Assembly Operations

      4. 5.2.4 Agriculture and Horticulture

      5. 5.2.5 Construction

      6. 5.2.6 Textiles

      7. 5.2.7 Electrical and Electronics

      8. 5.2.8 Other Applications

    3. 5.3 Geography

      1. 5.3.1 Germany

      2. 5.3.2 United Kingdom

      3. 5.3.3 Italy

      4. 5.3.4 France

      5. 5.3.5 Spain

      6. 5.3.6 Russia

      7. 5.3.7 Nordic Countries

      8. 5.3.8 Rest of Europe

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share (%)**/Ranking Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Arkema

      2. 6.4.2 BASF SE

      3. 6.4.3 Braskem

      4. 6.4.4 Corbion

      5. 6.4.5 Dow

      6. 6.4.6 Futerro

      7. 6.4.7 Kaneka Corporation

      8. 6.4.8 Danimer Scientific

      9. 6.4.9 Mitsubishi Chemical Corporation

      10. 6.4.10 Natureworks LLC

      11. 6.4.11 Maccaferri Industrial Group

      12. 6.4.12 Solvay

      13. 6.4.13 Toray International Inc.

      14. 6.4.14 Trinseo

      15. 6.4.15 Novamont SpA

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Increasing Demand from Electronics Industry

    2. 7.2 Other Opportunities

**Subject to Availability
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Europe Bioplastics Industry Segmentation

Bioplastics are materials derived from renewable biomass sources, such as corn starch, straw, woodchips, vegetable fats and oils, recycled food waste, etc. The market is segmented based on product type, application, and geography. The market is segmented by product type into bio-based biodegradables and non-biodegradables. The market is segmented by application into flexible packaging, rigid packaging, automotive and assembly operations, agriculture and horticulture, construction, textiles, electrical and electronics, and other applications. The report also covers the size and forecasts for the European bioplastics market in 6 countries across major regions. The market sizing and forecasts for each segment are based on volume (kiloton).

Product Type
Bio-based Biodegradables
Starch-based
Polylactic Acid (PLA)
Polyhydroxyalkanoates (PHA)
Polyester (PBS, PBAT, and PCL)
Other Bio-based Biodegradables
Bio-based Non-biodegradables
Bio-polyethylene Terephthalate
Bio-polyethylene
Bio-polyamides
Bio-polytrimethylene Terephthalate
Other Bio-based Non-biodegradables
Application
Flexible Packaging
Rigid Packaging
Automotive and Assembly Operations
Agriculture and Horticulture
Construction
Textiles
Electrical and Electronics
Other Applications
Geography
Germany
United Kingdom
Italy
France
Spain
Russia
Nordic Countries
Rest of Europe
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Europe Bioplastics Market Research FAQs

The Europe Bioplastics Market size is expected to reach 0.88 million tons in 2024 and grow at a CAGR of 14.08% to reach 1.70 million tons by 2029.

In 2024, the Europe Bioplastics Market size is expected to reach 0.88 million tons.

NatureWorks LLC, Novamont S.p.A., Braskem, BASF SE and Indorama Ventures Public Company Limited are the major companies operating in the Europe Bioplastics Market.

In 2023, the Europe Bioplastics Market size was estimated at 0.77 million tons. The report covers the Europe Bioplastics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Bioplastics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Bioplastic in Europe Industry Report

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Europe Bioplastics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)