The global bioplastics packaging market size was valued at USD 6.33 billion in 2024. The market is projected to grow from USD 6.92 billion in 2025 to USD 14.07 billion by 2032, exhibiting a CAGR of 10.67% during the forecast period. Asia Pacific dominated the bioplastics packaging market with a market share of 42.18% in 2024.
Bioplastic packaging, made from bio-based and biodegradable materials, serves various sectors such as food & beverage and personal care. Unlike traditional petroleum-based plastics, bioplastics decompose faster and emit fewer greenhouse gases. The rising demand for sustainable packaging has fuelled the growth of the market. The market offers packaging made from renewable resources such as corn, sugarcane, and cassava, which have favorable properties such as recyclability, renewability, and durability. The packaging also extends the shelf life of perishable foods and protects products from contamination, making them suitable for various packaging applications.
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List of Key Players Mentioned in the Report:
Segmentation:
Biodegradable Segment Leads owing to Manufacturer Sustainability Goals
On the basis of material, the market is divided into polybutylene succinate (PBS), biodegradable (starch blends, polylactic acid (PLA), polybutylene adipate terephthalate (PBAT), polyhydroxyalkanoates (PHA), and others), bio-based/non-biodegradable (bio polyethylene terephthalate (PET), bio polyethylene (PE), bio polyamide (PA), bio poly trimethylene terephthalate (PTT), and others). The biodegradable material segment secures the largest bioplastics packaging market share. Increasing prioritization of sustainability by manufacturers is leading to the integration of biodegradable materials, boosting the growth of the segment.
Rigid Packaging Segment Dominates Owing to Advancements in Material and Sustainability
On the basis of packaging type, the market is bifurcated into rigid packaging and flexible packaging. The Rigid packaging segment leads the market. Innovations in bioplastic materials and shift toward sustainable packaging solutions are boosting the use of bioplastic in rigid packaging, enhancing shelf appeal and meeting market demands.