Product Code: ETC5720080 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The polylactic acid (PLA) market in Finland is expanding due to its sustainable, biodegradable properties, making it a popular material in packaging and textiles. The growing consumer demand for eco-friendly products is driving the adoption of PLA in various industries.
The polylactic acid (PLA) market in Finland is expanding, driven by the rising demand for biodegradable and eco-friendly alternatives to traditional plastics. PLA, made from renewable resources such as corn starch, is increasingly used in packaging, textiles, and medical applications. The growing shift towards sustainability and reducing plastic waste is a major factor influencing the adoption of PLA in various industries.
The Polylactic Acid (PLA) market in Finland is challenged by relatively high production costs compared to conventional petroleum-based plastics, which hinder its widespread adoption. Additionally, the limited availability of raw materials for PLA production, such as lactic acid derived from renewable sources, poses a supply chain challenge. The market is also impacted by competition from other biodegradable plastics and a need for greater consumer awareness of PLAs environmental benefits.
Finlands government encourages the growth of the polylactic acid (PLA) market by promoting sustainable, bio-based alternatives to conventional plastics. Regulations that emphasize the reduction of plastic waste and the adoption of biodegradable materials support the increased use of PLA in packaging, textiles, and medical applications. Finlands commitment to a circular economy and reducing plastic pollution is a significant driver for the PLA market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Finland Polylactic Acid Market Overview |
3.1 Finland Country Macro Economic Indicators |
3.2 Finland Polylactic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Finland Polylactic Acid Market - Industry Life Cycle |
3.4 Finland Polylactic Acid Market - Porter's Five Forces |
3.5 Finland Polylactic Acid Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Finland Polylactic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Finland Polylactic Acid Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Finland Polylactic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Finland Polylactic Acid Market Trends |
6 Finland Polylactic Acid Market Segmentations |
6.1 Finland Polylactic Acid Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Finland Polylactic Acid Market Revenues & Volume, By Thermoforming, 2021-2031F |
6.1.3 Finland Polylactic Acid Market Revenues & Volume, By Extrusion, 2021-2031F |
6.1.4 Finland Polylactic Acid Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.1.5 Finland Polylactic Acid Market Revenues & Volume, By Blow Molding, 2021-2031F |
6.2 Finland Polylactic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Finland Polylactic Acid Market Revenues & Volume, By Rigid Thermoform, 2021-2031F |
6.2.3 Finland Polylactic Acid Market Revenues & Volume, By Film & Sheet, 2021-2031F |
6.2.4 Finland Polylactic Acid Market Revenues & Volume, By Bottles, 2021-2031F |
6.3 Finland Polylactic Acid Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Finland Polylactic Acid Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.3 Finland Polylactic Acid Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.3.4 Finland Polylactic Acid Market Revenues & Volume, By Agricultural, 2021-2031F |
6.3.5 Finland Polylactic Acid Market Revenues & Volume, By Textile, 2021-2031F |
6.3.6 Finland Polylactic Acid Market Revenues & Volume, By Biomedical, 2021-2031F |
7 Finland Polylactic Acid Market Import-Export Trade Statistics |
7.1 Finland Polylactic Acid Market Export to Major Countries |
7.2 Finland Polylactic Acid Market Imports from Major Countries |
8 Finland Polylactic Acid Market Key Performance Indicators |
9 Finland Polylactic Acid Market - Opportunity Assessment |
9.1 Finland Polylactic Acid Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Finland Polylactic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Finland Polylactic Acid Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Finland Polylactic Acid Market - Competitive Landscape |
10.1 Finland Polylactic Acid Market Revenue Share, By Companies, 2024 |
10.2 Finland Polylactic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |