How big is the Bioplastic Market | Market Demand & Trends 2025

Q: How big is the Bioplastic market?

The market was exhibited at USD 17.5 billion in 2024 and is projected to reach USD 52 billion by 2031.

Q: Which regions are driving bioplastic market growth?

Europe leads due to strong environmental policies and Asia-Pacific shows rapid growth in production capacity.

Q: What factors are influencing the bioplastic market size?

Policy mandates, eco-conscious consumers, technological progress, and adoption by major industries are shaping the market size.

Q: Is the market expected to maintain long-term growth?

Yes, due to increasing global environmental regulations and industrial shift toward sustainable alternatives.

Q: What is the expected CAGR of the bioplastic market?

The Bioplastic market is expected to expand its landscape at a CAGR of 16.5% from 2025 to 2031.

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6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA4851

Publication Date: Jul 2025

What is the size of the Bioplastic Market?

According to 6Wresearch internal database and industry insights, the Global Bioplastic Market was exhibited at USD 17.5 billion in 2024 and is projected to reach USD 52 billion by 2031, growing at a CAGR of 16.5% during the forecast period 2025–2031.

Due to rising global sustainability goals, increasing bans on traditional plastics, and strong demand from packaging and consumer goods industries, the market is predicted for the exceptional growth in the forthcoming years.

Key Growth Factors of the Bioplastic Market

Government regulations favouring the biodegradable and compostable materials
Rising consumer awareness and corporate ESG commitments
Growth in sustainable packaging for food, beverages, and e-commerce
Technological innovation in bio-based polymers and processing techniques
Expansion of bioplastic usage across agriculture, textiles, and electronics

Bioplastic Market Trends

The bioplastic market is moving forward with the numbers of trends such as rising demand for bio-based alternatives to conventional plastics across industries. Over the years, the adoption of bioplastics is rising to meet the sustainability targets. Further, the compostable films, plant-based PET, and PHA are gaining traction, while circular economy initiatives are accelerating investment in recycling infrastructure and closed-loop production systems.

Emerging Developments in the Bioplastic Market

Bioplastic market is developing with the advancements in marine-degradable plastics, production of drop-in bioplastics which has he identical properties to petro-based plastics. Alongside, the use of agricultural waste as a raw material is also in demand. Now, the global companies are scaling up production capacities and investing in hybrid materials that combine performance with biodegradability.