Bioplastics Packaging Market
Bioplastics Packaging Market Forecasts to 2030 - Global Analysis By Material (Non Biodegradable, Biodegradable and Other Materials), Type, Application and By Geography
According to Stratistics MRC, the Global Bioplastics Packaging Market is accounted for $6.9 billion in 2023 and is expected to reach $19.6 billion by 2030 growing at a CAGR of 16.0% during the forecast period. Bioplastics are eco-friendly materials for packaging that can be used to transport, protect, and preserve a variety of items. They are often used for the packaging and storage of dairy products, alcohol (both carbonated and non-carbonated), and personal care products. They contain biopolybutylene adipate terephthalate (PBAT), biopolyethylene, biopolyamide (PA), and biopolyethylene terephthalate (PET) among other starch mixes. Films, bottles, cutlery, pouches, labels, trays, and cups are all examples of rigid and flexible packaging that regularly use bioplastic materials. Packaging made of bioplastic has a lower carbon footprint than conventional plastic packaging and offers superior flexibility, toughness, and tensile strength.
According to statistics from the FEA, Germany produces almost 6.28 million tons of plastic waste each year, and globally, the figure is about 400 million tons. In general, a plastic bottle takes approximately 500 to 1,000 years to decompose.
Market Dynamics:
Driver:
Growing need for sustainable and eco-friendly packaging options
One of the main factors fueling the market's expansion is the rising need for environmentally friendly and sustainable packaging solutions around the world. Reusable and quicker-decomposing bioplastic packaging materials help conserve natural resources and reduce harmful waste. Accordingly, the market is expected to increase as a result of growing environmental awareness and the desire to lessen the impact of plastic on landfills and seas. Additionally, a number of product developments, like the creation of three-dimensional (3D) printed bioplastic packaging materials, are boosting market expansion.
Restraint:
Performance issue of bioplastics
Bioplastics and biopolymers' performance and durability limitations prevent them from being widely used in a variety of industries, such as packaging, electronics, agriculture, and the automobile industry. When compared to traditional petroleum-based polymers, bio-based polymers have different functional characteristics, including lower barriers to air, water, oxygen, and heat, which limit their use in the packaging of food, medicines, personal care items, and electronics.
Opportunity:
Increasing demand for rigid bioplastics
The need for rigid bioplastics is rising, which is helping the market expand. These plastics are used to package cosmetic products like creams, lipstick, compact powders, and foundations. In addition, growing trends to combine bioplastic materials with other acceptable wastes to assure resource efficiency and reduce greenhouse gas (GHG) emissions are accelerating market expansion. The market is expected to grow thanks to rising product usage in the food and beverage sector and the implementation of several government efforts to promote the use of eco-friendly packaging.
Threat:
High Cost
Even though biodegradability is unquestionably a benefit, the majority of grades require specialised industrial composting methods to break down, and only a small number of economies have a dense enough infrastructure to handle these items. As a result, they could contaminate the recycling feedstock or end up in landfills, hurting the environment. Therefore, a separate method is needed to get rid of these polymers, which drives up the price of the final product.
Covid-19 Impact:
Prices for conventional plastics have decreased as a result of the Covid-19 pandemic's effects on production, shipping, and other aspects of the supply chain. The fundamental cause of the decline in this market's growth is the use of crude oil for fuel, which has reached its lowest level since World War II and has resulted in reduced pricing for traditional plastics. Additionally, the pandemic delays legislation on single-use plastics and green investments proposed by numerous governments and organisations, which lowers the need for bio-based alternatives.
The biodegradable segment is expected to be the largest during the forecast period
The biodegradable segment is expected to be the largest during the forecast period, owing to owing to the rising demand for bio-based plastics in various end-use industries, which is expected to drive their demand during the assessment period. Polylactic acid, starch blends, PBAT, PBS, PHA, polycaprolactone, and cellulose acetate are examples of biodegradable plastics. Starch blends are a great substitute for traditional plastics since they are so readily available in large quantities.
The flexible segment is expected to have the highest CAGR during the forecast period
The flexible segment is expected to have the highest CAGR during the forecast period. Developments in the production of bioplastic technologies, the use of case-ready packaging, and improved packaging practices are anticipated to drive the demand for bioplastics in flexible packaging. Furthermore, the demand for flexible packaging is high, especially for snack foods and beverages.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period. Bioplastics are broadly used in various essential applications such as refuge bags, shopping bags, loose packaging, agricultural mulch films, and bottles, among others. Additionally, customers in the area are becoming more and more aware of how plastic and non-biodegradable packaging affects the environment. In the area, there is a growing need for eco-friendly packaging, especially packaging made of bioplastic.
Region with highest CAGR:
Europe is projected to hold the highest market share during the forecast period. The presence of stringent environment-friendly laws, and increasing environmental concerns among consumers. In addition, government initiatives, such as the decision of the EU to minimize the overall consumption of single-use plastic products, are anticipated to propel the demand for bioplastics during the assessment period.
Key players in the market
Some of the key players in Bioplastics Packaging market include Alpagro Packaging, Amcor Limited, Mitsubishi Chemical Corporation, BASF SE, Novamont S.p.A, Alpha Packaging, Mondi plc, Transcontinental Inc., Constantia Flexibles Group GmbH, NatureWorks, Coveris, Eastman Chemical Company, Koninklijke DSM N.V., WestRock Company, Braskem and Tetra Laval International SA.
Key Developments:
In October 2022, Braskem announced to expand its I'm greenTM biopolymer production capacity by 30%. The company is investing USD 60 million to expand the capacity. Braskem and SCG chemicals are the partners for the project. This partnership helps to double the current capacity for I'm greenTM products.
In June 2021, BASF launched COSMOS-approved texturizing biopolymer Hydagen. The cold processable rheology modifier obtained from the tuber of the konjac plant native to Southwest China is suitable for aqueous systems such as gels, fluids, serums, and novel formats such as patches, jellies, and peel-off formulations.
Materials Covered:
• Non Biodegradable
• Biodegradable
• Other Materials
Types Covered:
• Rigid
• Flexible
• Other Types
Applications covered:
• Pharmaceuticals
• Food & Beverages
• Cosmetic & Personal Care
• Consumer Goods
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Bioplastics Packaging Market, By Material
5.1 Introduction
5.2 Non Biodegradable
5.2.1 Bio Polyethylene
5.2.2 Bio Polyamide
5.2.3 Bio Polyethylene Terephthalate
5.3 Biodegradable
5.3.1 Polylactic Acid
5.3.2 Polybutylene Adipate Terephthalate (PBAT)
5.3.3 Starch Blends
5.3.4 Polybutylene Succinate (PBS)
5.4 Other Materials
6 Global Bioplastics Packaging Market, By Type
6.1 Introduction
6.2 Rigid
6.3 Flexible
6.4 Other Types
7 Global Bioplastics Packaging Market, By Application
7.1 Introduction
7.2 Pharmaceuticals
7.3 Food & Beverages
7.4 Cosmetic & Personal Care
7.5 Consumer Goods
7.6 Other Applications
8 Global Bioplastics Packaging Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Alpagro Packaging
10.2 Amcor Limited
10.3 Mitsubishi Chemical Corporation
10.4 BASF SE
10.5 Novamont S.p.A
10.6 Alpha Packaging
10.7 Mondi plc
10.8 Transcontinental Inc.
10.9 Constantia Flexibles Group GmbH
10.10 NatureWorks
10.11 Coveris
10.12 Eastman Chemical Company
10.13 Koninklijke DSM N.V.
10.14 WestRock Company
10.15 Tetra Laval International SA
List of Tables
1 Global Bioplastics Packaging Market Outlook, By Region (2021-2030) ($MN)
2 Global Bioplastics Packaging Market Outlook, By Material (2021-2030) ($MN)
3 Global Bioplastics Packaging Market Outlook, By Non Biodegradable (2021-2030) ($MN)
4 Global Bioplastics Packaging Market Outlook, By Bio Polyethylene (2021-2030) ($MN)
5 Global Bioplastics Packaging Market Outlook, By Bio Polyamide (2021-2030) ($MN)
6 Global Bioplastics Packaging Market Outlook, By Bio Polyethylene Terephthalate (2021-2030) ($MN)
7 Global Bioplastics Packaging Market Outlook, By Biodegradable (2021-2030) ($MN)
8 Global Bioplastics Packaging Market Outlook, By Polylactic Acid (2021-2030) ($MN)
9 Global Bioplastics Packaging Market Outlook, By Polybutylene Adipate Terephthalate (PBAT) (2021-2030) ($MN)
10 Global Bioplastics Packaging Market Outlook, By Starch Blends (2021-2030) ($MN)
11 Global Bioplastics Packaging Market Outlook, By Polybutylene Succinate (PBS) (2021-2030) ($MN)
12 Global Bioplastics Packaging Market Outlook, By Other Materials (2021-2030) ($MN)
13 Global Bioplastics Packaging Market Outlook, By Type (2021-2030) ($MN)
14 Global Bioplastics Packaging Market Outlook, By Rigid (2021-2030) ($MN)
15 Global Bioplastics Packaging Market Outlook, By Flexible (2021-2030) ($MN)
16 Global Bioplastics Packaging Market Outlook, By Other Types (2021-2030) ($MN)
17 Global Bioplastics Packaging Market Outlook, By Application (2021-2030) ($MN)
18 Global Bioplastics Packaging Market Outlook, By Pharmaceuticals (2021-2030) ($MN)
19 Global Bioplastics Packaging Market Outlook, By Food & Beverages (2021-2030) ($MN)
20 Global Bioplastics Packaging Market Outlook, By Cosmetic & Personal Care (2021-2030) ($MN)
21 Global Bioplastics Packaging Market Outlook, By Consumer Goods (2021-2030) ($MN)
22 Global Bioplastics Packaging Market Outlook, By Other Applications (2021-2030) ($MN)
23 North America Bioplastics Packaging Market Outlook, By Country (2021-2030) ($MN)
24 North America Bioplastics Packaging Market Outlook, By Material (2021-2030) ($MN)
25 North America Bioplastics Packaging Market Outlook, By Non Biodegradable (2021-2030) ($MN)
26 North America Bioplastics Packaging Market Outlook, By Bio Polyethylene (2021-2030) ($MN)
27 North America Bioplastics Packaging Market Outlook, By Bio Polyamide (2021-2030) ($MN)
28 North America Bioplastics Packaging Market Outlook, By Bio Polyethylene Terephthalate (2021-2030) ($MN)
29 North America Bioplastics Packaging Market Outlook, By Biodegradable (2021-2030) ($MN)
30 North America Bioplastics Packaging Market Outlook, By Polylactic Acid (2021-2030) ($MN)
31 North America Bioplastics Packaging Market Outlook, By Polybutylene Adipate Terephthalate (PBAT) (2021-2030) ($MN)
32 North America Bioplastics Packaging Market Outlook, By Starch Blends (2021-2030) ($MN)
33 North America Bioplastics Packaging Market Outlook, By Polybutylene Succinate (PBS) (2021-2030) ($MN)
34 North America Bioplastics Packaging Market Outlook, By Other Materials (2021-2030) ($MN)
35 North America Bioplastics Packaging Market Outlook, By Type (2021-2030) ($MN)
36 North America Bioplastics Packaging Market Outlook, By Rigid (2021-2030) ($MN)
37 North America Bioplastics Packaging Market Outlook, By Flexible (2021-2030) ($MN)
38 North America Bioplastics Packaging Market Outlook, By Other Types (2021-2030) ($MN)
39 North America Bioplastics Packaging Market Outlook, By Application (2021-2030) ($MN)
40 North America Bioplastics Packaging Market Outlook, By Pharmaceuticals (2021-2030) ($MN)
41 North America Bioplastics Packaging Market Outlook, By Food & Beverages (2021-2030) ($MN)
42 North America Bioplastics Packaging Market Outlook, By Cosmetic & Personal Care (2021-2030) ($MN)
43 North America Bioplastics Packaging Market Outlook, By Consumer Goods (2021-2030) ($MN)
44 North America Bioplastics Packaging Market Outlook, By Other Applications (2021-2030) ($MN)
45 Europe Bioplastics Packaging Market Outlook, By Country (2021-2030) ($MN)
46 Europe Bioplastics Packaging Market Outlook, By Material (2021-2030) ($MN)
47 Europe Bioplastics Packaging Market Outlook, By Non Biodegradable (2021-2030) ($MN)
48 Europe Bioplastics Packaging Market Outlook, By Bio Polyethylene (2021-2030) ($MN)
49 Europe Bioplastics Packaging Market Outlook, By Bio Polyamide (2021-2030) ($MN)
50 Europe Bioplastics Packaging Market Outlook, By Bio Polyethylene Terephthalate (2021-2030) ($MN)
51 Europe Bioplastics Packaging Market Outlook, By Biodegradable (2021-2030) ($MN)
52 Europe Bioplastics Packaging Market Outlook, By Polylactic Acid (2021-2030) ($MN)
53 Europe Bioplastics Packaging Market Outlook, By Polybutylene Adipate Terephthalate (PBAT) (2021-2030) ($MN)
54 Europe Bioplastics Packaging Market Outlook, By Starch Blends (2021-2030) ($MN)
55 Europe Bioplastics Packaging Market Outlook, By Polybutylene Succinate (PBS) (2021-2030) ($MN)
56 Europe Bioplastics Packaging Market Outlook, By Other Materials (2021-2030) ($MN)
57 Europe Bioplastics Packaging Market Outlook, By Type (2021-2030) ($MN)
58 Europe Bioplastics Packaging Market Outlook, By Rigid (2021-2030) ($MN)
59 Europe Bioplastics Packaging Market Outlook, By Flexible (2021-2030) ($MN)
60 Europe Bioplastics Packaging Market Outlook, By Other Types (2021-2030) ($MN)
61 Europe Bioplastics Packaging Market Outlook, By Application (2021-2030) ($MN)
62 Europe Bioplastics Packaging Market Outlook, By Pharmaceuticals (2021-2030) ($MN)
63 Europe Bioplastics Packaging Market Outlook, By Food & Beverages (2021-2030) ($MN)
64 Europe Bioplastics Packaging Market Outlook, By Cosmetic & Personal Care (2021-2030) ($MN)
65 Europe Bioplastics Packaging Market Outlook, By Consumer Goods (2021-2030) ($MN)
66 Europe Bioplastics Packaging Market Outlook, By Other Applications (2021-2030) ($MN)
67 Asia Pacific Bioplastics Packaging Market Outlook, By Country (2021-2030) ($MN)
68 Asia Pacific Bioplastics Packaging Market Outlook, By Material (2021-2030) ($MN)
69 Asia Pacific Bioplastics Packaging Market Outlook, By Non Biodegradable (2021-2030) ($MN)
70 Asia Pacific Bioplastics Packaging Market Outlook, By Bio Polyethylene (2021-2030) ($MN)
71 Asia Pacific Bioplastics Packaging Market Outlook, By Bio Polyamide (2021-2030) ($MN)
72 Asia Pacific Bioplastics Packaging Market Outlook, By Bio Polyethylene Terephthalate (2021-2030) ($MN)
73 Asia Pacific Bioplastics Packaging Market Outlook, By Biodegradable (2021-2030) ($MN)
74 Asia Pacific Bioplastics Packaging Market Outlook, By Polylactic Acid (2021-2030) ($MN)
75 Asia Pacific Bioplastics Packaging Market Outlook, By Polybutylene Adipate Terephthalate (PBAT) (2021-2030) ($MN)
76 Asia Pacific Bioplastics Packaging Market Outlook, By Starch Blends (2021-2030) ($MN)
77 Asia Pacific Bioplastics Packaging Market Outlook, By Polybutylene Succinate (PBS) (2021-2030) ($MN)
78 Asia Pacific Bioplastics Packaging Market Outlook, By Other Materials (2021-2030) ($MN)
79 Asia Pacific Bioplastics Packaging Market Outlook, By Type (2021-2030) ($MN)
80 Asia Pacific Bioplastics Packaging Market Outlook, By Rigid (2021-2030) ($MN)
81 Asia Pacific Bioplastics Packaging Market Outlook, By Flexible (2021-2030) ($MN)
82 Asia Pacific Bioplastics Packaging Market Outlook, By Other Types (2021-2030) ($MN)
83 Asia Pacific Bioplastics Packaging Market Outlook, By Application (2021-2030) ($MN)
84 Asia Pacific Bioplastics Packaging Market Outlook, By Pharmaceuticals (2021-2030) ($MN)
85 Asia Pacific Bioplastics Packaging Market Outlook, By Food & Beverages (2021-2030) ($MN)
86 Asia Pacific Bioplastics Packaging Market Outlook, By Cosmetic & Personal Care (2021-2030) ($MN)
87 Asia Pacific Bioplastics Packaging Market Outlook, By Consumer Goods (2021-2030) ($MN)
88 Asia Pacific Bioplastics Packaging Market Outlook, By Other Applications (2021-2030) ($MN)
89 South America Bioplastics Packaging Market Outlook, By Country (2021-2030) ($MN)
90 South America Bioplastics Packaging Market Outlook, By Material (2021-2030) ($MN)
91 South America Bioplastics Packaging Market Outlook, By Non Biodegradable (2021-2030) ($MN)
92 South America Bioplastics Packaging Market Outlook, By Bio Polyethylene (2021-2030) ($MN)
93 South America Bioplastics Packaging Market Outlook, By Bio Polyamide (2021-2030) ($MN)
94 South America Bioplastics Packaging Market Outlook, By Bio Polyethylene Terephthalate (2021-2030) ($MN)
95 South America Bioplastics Packaging Market Outlook, By Biodegradable (2021-2030) ($MN)
96 South America Bioplastics Packaging Market Outlook, By Polylactic Acid (2021-2030) ($MN)
97 South America Bioplastics Packaging Market Outlook, By Polybutylene Adipate Terephthalate (PBAT) (2021-2030) ($MN)
98 South America Bioplastics Packaging Market Outlook, By Starch Blends (2021-2030) ($MN)
99 South America Bioplastics Packaging Market Outlook, By Polybutylene Succinate (PBS) (2021-2030) ($MN)
100 South America Bioplastics Packaging Market Outlook, By Other Materials (2021-2030) ($MN)
101 South America Bioplastics Packaging Market Outlook, By Type (2021-2030) ($MN)
102 South America Bioplastics Packaging Market Outlook, By Rigid (2021-2030) ($MN)
103 South America Bioplastics Packaging Market Outlook, By Flexible (2021-2030) ($MN)
104 South America Bioplastics Packaging Market Outlook, By Other Types (2021-2030) ($MN)
105 South America Bioplastics Packaging Market Outlook, By Application (2021-2030) ($MN)
106 South America Bioplastics Packaging Market Outlook, By Pharmaceuticals (2021-2030) ($MN)
107 South America Bioplastics Packaging Market Outlook, By Food & Beverages (2021-2030) ($MN)
108 South America Bioplastics Packaging Market Outlook, By Cosmetic & Personal Care (2021-2030) ($MN)
109 South America Bioplastics Packaging Market Outlook, By Consumer Goods (2021-2030) ($MN)
110 South America Bioplastics Packaging Market Outlook, By Other Applications (2021-2030) ($MN)
111 Middle East & Africa Bioplastics Packaging Market Outlook, By Country (2021-2030) ($MN)
112 Middle East & Africa Bioplastics Packaging Market Outlook, By Material (2021-2030) ($MN)
113 Middle East & Africa Bioplastics Packaging Market Outlook, By Non Biodegradable (2021-2030) ($MN)
114 Middle East & Africa Bioplastics Packaging Market Outlook, By Bio Polyethylene (2021-2030) ($MN)
115 Middle East & Africa Bioplastics Packaging Market Outlook, By Bio Polyamide (2021-2030) ($MN)
116 Middle East & Africa Bioplastics Packaging Market Outlook, By Bio Polyethylene Terephthalate (2021-2030) ($MN)
117 Middle East & Africa Bioplastics Packaging Market Outlook, By Biodegradable (2021-2030) ($MN)
118 Middle East & Africa Bioplastics Packaging Market Outlook, By Polylactic Acid (2021-2030) ($MN)
119 Middle East & Africa Bioplastics Packaging Market Outlook, By Polybutylene Adipate Terephthalate (PBAT) (2021-2030) ($MN)
120 Middle East & Africa Bioplastics Packaging Market Outlook, By Starch Blends (2021-2030) ($MN)
121 Middle East & Africa Bioplastics Packaging Market Outlook, By Polybutylene Succinate (PBS) (2021-2030) ($MN)
122 Middle East & Africa Bioplastics Packaging Market Outlook, By Other Materials (2021-2030) ($MN)
123 Middle East & Africa Bioplastics Packaging Market Outlook, By Type (2021-2030) ($MN)
124 Middle East & Africa Bioplastics Packaging Market Outlook, By Rigid (2021-2030) ($MN)
125 Middle East & Africa Bioplastics Packaging Market Outlook, By Flexible (2021-2030) ($MN)
126 Middle East & Africa Bioplastics Packaging Market Outlook, By Other Types (2021-2030) ($MN)
127 Middle East & Africa Bioplastics Packaging Market Outlook, By Application (2021-2030) ($MN)
128 Middle East & Africa Bioplastics Packaging Market Outlook, By Pharmaceuticals (2021-2030) ($MN)
129 Middle East & Africa Bioplastics Packaging Market Outlook, By Food & Beverages (2021-2030) ($MN)
130 Middle East & Africa Bioplastics Packaging Market Outlook, By Cosmetic & Personal Care (2021-2030) ($MN)
131 Middle East & Africa Bioplastics Packaging Market Outlook, By Consumer Goods (2021-2030) ($MN)
132 Middle East & Africa Bioplastics Packaging Market Outlook, By Other Applications (2021-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
