Biopolymer Films Market worth over USD 6.7 bn by 2025

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Biopolymer Films Market Share is set to cross $6.7 bn by 2025: Global Market Insights Inc. The market research report, “Biopolymer Films Market Size By Raw Material, By Technology, By Product, By End-user, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025� by Global Market Insights, Inc., Biopolymer Films Market size will exceed USD 6.7 billion by 2025. The overall biopolymer films market size is majorly driven by increasing demand for ecofriendly packaging among consumers. This has urged plastic manufacturers and packaging vendors to shift their focus toward biopolymer packaging and implement strategies for its branding and customer acquisition in coming years. This shift towards organic packaging of premium food items, medicines, and other consumer goods will propel the overall biopolymer films market growth. Furthermore, establishment of edible biopolymer films in the food market will complement the overall industry share over the estimated timeframe.

Stringent regulations opposed to the use of synthetic or petrochemical-based films in food packaging on account of its adverse effects in case of direct food contact, will eventually favor product demand in food & beverage packaging industry. This is turn will positively influence the global biopolymer films market share over the estimated period. The product offers added benefits such as, biocompatibility, eco-friendly characteristics and easy raw material availability. Some of the crucial challenges of the global biopolymer films market is their relatively high cost of bioplastics materials as compared with Petro-plastics, as well as issues of quality/consistency and density might hamper the overall industry growth in the near future.

Biopolymer Films Market

With over 40% of the industry share, bio-based raw material held a prominent share in the overall biopolymers films market in 2017 and it will foresee growth at a significant pace due to its superior properties such as high renewable content, ease of processability, good 1|Page


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