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Biopolymer Films Market Size

  • Report ID: GMI205
  • Published Date: Feb 2022
  • Report Format: PDF

Biopolymer Films Market Size

Biopolymer Films Market size was registered at about USD 4 billion in 2021 and is anticipated to showcase considerable growth at a CAGR of 8.4% from 2022 to 2028 owing to the growing demand for bio-based packaging solutions. Favouring government regulations on the use of bio-based polymers over synthetic ones has been positively influencing the global market share in recent years.


For instance, the U.S. FDA has formulated directives for using biopolymer films in food packaging applications, particularly due to zero toxicity associated with these films. For instance, PLA and cellulose films are chiefly used in food wrapping applications.


Food packaging has been prominent in North America and Europe, creating widespread product applications in these regions. In addition, improving socio-economic factors in the Asia Pacific along with the increasing working population in the region, particularly India, will be a key factor driving product demand over the forecast timeframe.


The opening of various food joints, such as Burger King, Subway, etc., in the Asia Pacific will stimulate biopolymer film demand in food packaging applications. Additionally, growing consumer awareness across the globe, in terms of environmental protection and reducing harmful solid waste (synthetic plastics), will complement the global biopolymers films market share by 2028.


Other key factors propelling the industry growth include robust growth across pharmaceutical, home & personal care, etc. However, the growth will be hindered by comparatively uncompetitive product features compared to synthetic films such as PE & PP films.


High product costs compared to synthetic and semi-synthetic films are likely to impede the biopolymer films market in the coming years. Biopolymer films are three to four times more expensive than polyethylene films, which is attributed to their low production volume. A relatively low vapor barrier and mechanical properties of the product may hamper the market during the forecast period. However, technological advancements have led to the development of multilayer films and atomic layer deposition, which are likely to generate plentiful opportunities for the market in the coming years.


Authors: Kiran Pulidindi, Hiralkumar Patel

Frequently Asked Questions (FAQ) :

Biopolymer films market share was around USD 4 billion in 2021 and could grow at 8.4% CAGR over 2022-2028 driven by rising demand for bio-based packaging solutions.

The overall market revenue from multilayer technology is anticipated to reach about $3.3 billion through 2028 due to its ability to offer multilayer films to the product, further improving the water vapor barrier and maintaining stability of the product.

The biopolymer films market size from PLA could grow at 8.9% CAGR by 2028 as it highlights compostable & thermoplastic properties and is obtained from renewable resources.

Europe biopolymer films industry share could surpass USD 1.9 billion by 2028 driven by constant technological innovations and availability of raw materials.

Biopolymer Films Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 15
  • Tables & Figures: 594
  • Countries covered: 18
  • Pages: 350
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