The Insight Partners Bioplastic Packaging Market | Page 5

Regional Framework
The global bioplastic packaging market is experiencing a high growth owing
to increasing awareness among customers about the adverse impact of
conventional plastics, surge in need for sustainable packaging solution, and
rising government support for the incorporation of bioplastic in packaging.
Moreover, the development of new technology and processes and the
emergence of novel bioplastic materials are expected to the bioplastic
packaging market growth during the forecast period. Bioplastics are
influencing the plastic industry with innovation for more sustainability,
functionality, and efficiency. Currently, bioplastic alternatives are available
for almost all the conventional plastic material and respective applications
which is driving the bioplastic packaging market.