The Asia-Pacific Bioplastic Packaging market is anticipated to grow significantly over the forecast period (2020-2026). Some of the key economies that contribute to the Asia-Pacific bioplastic packaging industry include China, India, Japan, and the Rest of Asia-Pacific. The market in Asia-Pacific is driven by the key activities conducted by the prominent players in the market in the region. Some of the prominent global players operating in the market include BASF SE, The Dow Chemical Co., Koninklijke DSM N.V., Toray Industries Inc., Eastman Chemical Co., and others.
Browse the full report description of "Asia-Pacific Bioplastic Packaging Market Size, Share & Trends Analysis Report by Type (Biodegradable Plastics (Starch-based, Polylactic Acid (PLA), Polyhydroxyalkanoates (PHA), Polyester, Cellulose Derivatives), and Non-biodegradable Plastics (Bio-polyethylene Terephthalate (PET), Bio-Polyethylene, Bio-Polyamides, Bio-Polytrimethylene Terephthalate, and Other Non-biodegradable Plastics), By Packaging Type (Rigid Packaging and Flexible Packaging), and by End-User Industry (Food & Beverage, Pharmaceutical, Personal Care, and Others) Forecast, 2020-2026" at https://www.omrglobal.com/industry-reports/asia-pacific-bioplastic-packaging-market
These key players adopt several growth strategies in order to survive in a competitive market. For instance, in June 2020, BASF SE announced to extend its packaging coatings production to South China. The expansion of the business is likely to enhance the production capacities in Shanghai, which primarily serve the market in the East China region. The expansion of the packaging business is also expected to support the fast-growing packaging industry in South China and aid the customers lessens lead-times by offering proximity between production and point of use. This also reduces energy consumption and CO2 emissions due to the shorter transportation distance. Thus, this is likely to contribute to the Asia-Pacific bioplastic packaging market growth over the forecast period.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
Asia-Pacific Bioplastic Packaging Market – Segmentation
By Type
o Starch-based
o Polylactic Acid (PLA)
o Polyhydroxyalkanoates (PHA)
o Polyester
o Cellulose Derivatives
o Bio-polyethylene Terephthalate (PET)
o Bio-Polyethylene
o Bio-Polyamides
o Bio-Polytrimethylene Terephthalate
o Other Non-biodegradable Plastics
By Packaging Type
By End-User Industry
Asia-Pacific Bioplastic Packaging Market – Countries Covered
Asia-Pacific
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