The global bioplastics market size is estimated to reach USD 44.77 billion by 2030 and is anticipated to expand at a CAGR of 19.5% during the forecast period, according to a new report by Grand View Research, Inc. An increase in demand for plastic alternatives has been observed in the market, owing to the rising concerns over the use of plastics. With the rapid pace of innovation and new product development, manufacturers in the market are shifting their focus toward the development of bioplastics.
Companies are continuously developing product lines using biodegradable & non-biodegradable bioplastics and recycled materials to address the concerns regarding the toxic effects of plastic waste. Several small and medium-scale businesses have committed to using recycled or sustainably sourced materials by a specific time frame. This is expected to drive market growth in the coming years.
In addition, bioplastics help reduce the micro plastic content in the soil and water, as their waste gradually decomposes into small pieces. Moreover, efforts have been taken by associations, such as the European Bioplastics, to clarify further the definition of bioplastics in the regulations prescribed by the government. These trends are expected to benefit the overall market growth over the forecast period.
Gather more insights about the market drivers, restrains and growth of the Global Bioplastics Market
Bioplastics Market Report Highlights
- Based on product, the biodegradable segment held the largest share, accumulating 50.02% market share in 2024. Several countries are imposing strict regulations to reduce the negative impact of plastics, which is expected to promote the market for biodegradable plastics
- Packaging dominated the application segment with revenue market share of 61.36% in 2024 and is expected to grow at a significant CAGR in the coming years. Expansion of the e-commerce industry owing to the increased convenience of shopping and the wide variety of goods offered by e-commerce platforms is expected to augment the demand for bioplastics in the packaging segment over the forecast period
- Based on region, Europe dominated the global flexible PU Foam market, accumulating 43.38% market share in 2024. The growing demand for sustainable materials rises, bioplastics offer an eco-friendly alternative, helping reduce reliance on traditional plastics and decreasing environmental impact is expected to drive the market growth over the forecast period
Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.
- Biopharma Plastic Market: The global biopharma plastic market size was valued at USD 5,942.59 million in 2024 and expected to grow at a CAGR of 7.95% from 2025 to 2030.
- Post-consumer Recycled Plastics Market: The global post-consumer recycled plastics market size was estimated at USD 11.78 billion in 2024 and is expected to grow at a CAGR of 10.4% from 2025 to 2030.
Bioplastics Market Segmentation
Grand View Research has segmented the global bioplastics market on the basis of product, application, and region:
Bioplastics Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Biodegradable
- Polylactic Acid
- Starch Blends
- PBAT
- PBS
- Others
- Non-biodegradable
- Polyethylene
- Polyethylene Terephthalate
- Polyamide
- Polytrimethylene Terephthalate
- Others
Bioplastics Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Packaging
- Agriculture
- Automotive & Transportation
- Electronics
- Textile
- Others
Bioplastics Application by Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Packaging
- Biodegradable
- Non-biodegradable
- Agriculture
- Biodegradable
- Non-biodegradable
- Automotive & Transportation
- Biodegradable
- Non-biodegradable
- Electronics
- Biodegradable
- Non-biodegradable
- Textile
- Biodegradable
- Non-biodegradable
- Other Applications
- Biodegradable
- Non-biodegradable
Bioplastics Regional Outlook (Revenue, USD Million, Volume, Kilotons, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- Central & South America
- Middle East & Africa
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