Asia Pacific Bioplastic Packaging Market Size & Outlook
Asia Pacific bioplastic packaging market, 2018-2030 (US$M)
Related Markets
Asia Pacific bioplastic packaging market highlights
- The Asia Pacific bioplastic packaging market generated a revenue of USD 3,713.9 million in 2021.
- The market is expected to grow at a CAGR of 18.7% from 2022 to 2030.
- In terms of segment, biodegradable was the largest revenue generating material in 2021.
- Biodegradable is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 3,713.9 million |
| Market revenue in 2030 | USD 17,263.0 million |
| Growth rate | 18.7% (CAGR from 2022 to 2030) |
| Largest segment | Biodegradable |
| Fastest growing segment | Biodegradable |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biodegradable, Non-Biodegradable |
| Key market players worldwide | Amcor PLC, Eni, Cargill, Sealed Air Corp, Alpha Packaging, Constantia Flexibles, Mondi PLC, Transcontinental Inc Shs -A- Voting Subord., Coveris, ALPLA |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 30.0% of the global bioplastic packaging market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 17,263.0 million by 2030.
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Bioplastic Packaging Market Scope
Bioplastic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific bioplastic packaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bioplastic packaging market will help companies and investors design strategic landscapes.
Biodegradable was the largest segment with a revenue share of 63.75% in 2021. Horizon Databook has segmented the Asia Pacific bioplastic packaging market based on biodegradable, non-biodegradable covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific region is a significant growth area for the bioplastic packaging market due to the rapid industrialization and urbanization in countries like China, India, and Southeast Asian nations. Rising environmental concerns and government initiatives promoting the use of eco-friendly materials are driving the adoption of bioplastics in packaging.
Additionally, the booming e-commerce and food delivery sectors in the region have increased the demand for sustainable and durable packaging solutions. With local manufacturers focusing on cost-effective production techniques and international players expanding their footprint, the region is becoming a hub for bioplastic innovation and application.
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Target buyers of Asia Pacific bioplastic packaging market databook
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Our clientele includes a mix of bioplastic packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific bioplastic packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific bioplastic packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific bioplastic packaging market size, by country, 2018-2030 (US$M)
Asia Pacific Bioplastic Packaging Market Outlook Share, 2021 & 2030 (US$M)
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