Horticulture Bioplastic Market Business Trends, Emerging Growth forecast to 2029

Horticulture Bioplastic Market is worth USD 4.12 Billion in 2022 and is estimated to grow at a CAGR of 12.2% in the forecasted period. The forecasted revenue hints at around 9.43 billion USD in growth by 2029.

Horticulture Bioplastic Market Business Trends, Emerging Growth forecast to 2029

Horticulture Bioplastic Market Report Overview

The report provides an analysis of both the current and future conditions in the Horticulture Bioplastic market, delivering valuable insights and the latest information across essential segments. Within the context of the Horticulture Bioplastic market, the study covers crucial research areas like revenue generation, sales, and overall income. In order to offer a thorough evaluation, the report presents two distinct scenarios that encompass the entire range of the Horticulture Bioplastic market, including the projected Horticulture Bioplastic sales during the forecast period.

Horticulture Bioplastic Market Report Scope and Research Methodology

The primary goal of the Horticulture Bioplastic market report is to offer a comprehensive analysis using clear and straightforward language. The study encompasses all the prominent companies and key aspects within the Horticulture Bioplastic market, evaluating various measures like volume, share, growth, and strategies. This research not only assists established businesses in refining their operational plans but also provides future entrants with strategic recommendations. MMR's research undertakes a thorough exploration of the Horticulture Bioplastic market, highlighting the foremost global companies based on metrics such as volume, share, strategies, and growth. The report further supplies strategies applicable to both existing industry participants and prospective Horticulture Bioplastic market entrants. Moreover, the global report for the Horticulture Bioplastic market presents a meticulous breakdown of regional share distribution, accompanied by an examination of growth drivers in those specific regions.

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Horticulture Bioplastic Market Regional Insights

North America has been the market leader in Horticulture Bioplastic Market. Biodegradable and compostable greenhouse films, nursery containers, and mulch films are in high demand in this region. US and Canada have seen huge growth, especially in the last decade as environmental concerns have risen. Well-developed infrastructure and an efficient ecosystem have helped the Horticulture Bioplastic Market grow in these regions. Europe's significant government backing and waste management infrastructure promote bio-based horticultural materials.

Horticulture Bioplastic Market Segmentation

by Row Material

Starch-based bioplastics
Polylactic acid
Polyhydroxyalkanoates
Polybutylene adipate terephthalate

Starch-based bioplastics, Polylactic acid, Polyhydroxyalkanoates and Polybutylene adipateterephthalate are the four segments in the horticulture bioplastic market. Polylactic acid has seen the highest market share as it has several attractive mechanical properties that too at a lower cost. Additionally, PLA is a kind of aliphatic polyester obtained by ring-opening polymerization of lactide monomer. This makes the material dynamic and increases its application. Starch based bioplastics are also good options but they do not offer much durability.

by Type

Bio Based
Petrochemical Based

Bio Based and Petrochemical Based are the two main types of horticulture bioplastic market. Bio Based has seen an increasing market share. With increasing stress on petrochemical products, the rise of bio-based types is eminent which is displayed on the market share. Bio Based types are also expected to grow incrementally in future.

by Application

Greenhouse films
Mulch films
Plant pots
Trays
Containers
Irrigation systems

by End-User

Professional horticulture growers
Nurseries
Landscaping companies
Home gardeners

Professional horticulture growers, Nurseries, Landscaping companies and Home gardeners are the four segments in the horticulture bioplastic market. Home gardeners have the highest market share and are expected to grow in future. Home gardeners are a crucial segment as the majority of the plants grown are through this segment. Nurseries and Landscaping are also other end users but mainly the market is dominated by Home gardeners.

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Horticulture Bioplastic Market Key Players

1. NatureWorks LLC (United States)
2. Danimer Scientific (United States)
3. Yield10 Bioscience, Inc. (United States)
4. Green Dot Bioplastics (United States)
5. Eco-Products, Inc. (United States)
6. Fkur Plastics Corp. (United States)
7. BASF SE (Germany)
8. Novamont S.p.A (Italy)
9. Biome Bioplastics Ltd (United Kingdom)
10. Total Corbion PLA (Netherlands)
11. Arkema S.A. (France)
12. Bio-On S.p.A (Italy)
13. FKuR Kunststoff GmbH (Germany)
14. Biobag International AS (Norway)
15. Plaxica Limited (United Kingdom)
16. Bio-Fed (Germany)
17. API SpA (Italy)
18. Bio4Pack BV (Netherlands)
19. Tianan Biologic Materials Co., Ltd. (China)
20. Kaneka Corporation (Japan)
21. PTT MCC Biochem Company Limited (Thailand)
22. Plantic Technologies Limited (Australia)
23. Mitsubishi Chemical Corporation (Japan)
24. Cardia Bioplastics Limited (Australia)
25. Braskem S.A. (Brazil)

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Key Offerings:

  • Past Market Size and Competitive Landscape (2017 to 2021)
  • Past Pricing and price curve by region (2017 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segments and their sub-segments
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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