The Move Towards Sustainability to Favor Bioplastic Packaging Market

The Move Towards Sustainability to Favor Bioplastic Packaging Market

Introduction to Bioplastics

Bioplastics can potentially deal with some of the significant challenges that are generally posed by conventional plastics. These are a diverse segment of materials, wherein a few are developed
using biomass, such as trees, animals, and plants, while some are being made from food waste. This ensures that they can bring down the dependence on fossil fuel-based petroleum for producing plastic. Since bioplastics are compostable, they can potentially shift food-soiled plastic packaging out of landfills.

Bioplastics are developed using a lot of contradictory components, such as traditional fossil fuel feedstocks like natural gas, along with plants such as cassava and corn. On the basis of these inputs, the resultant products are used for multiple end-of-life applications, some of these are compostable, or recyclable, while some are both. Irrespective of the feedstock, a variety of products are then termed “biodegradable,” giving rise to contention over whether they can
break down in the ocean, environment, or composting process.

At present, biopolymer advances are surging at a breakneck speed, with a higher focus on developing polymers using sustainable, non-petroleum resources. This movement has accelerated in line with retailers, packaged brands, and other stakeholders executing sustainable packaging strategies as well as goals aligned with better environmental health, and carbon-footprint reduction.

What are Some of the Major Recyclable Packaging Solutions?

There are numerous packaging solutions that are biodegradable and recyclable. These are:

Cornstarch

There is a material known as polylactic acid or PLA that is developed utilizing fermented sugars derived from cornstarch. This plastic is quickly biodegradable, only if there is enough oxygen as
well as light. The product’s key use is in the packaging of peanuts, without harming the wildlife when ingested. This is an ideal alternative for the companies that want to focus on sustainable
packaging.

Bubble Wrap

The addition of an additive to resins present in the bubble wrap facilitates the breaking down into water, biomass, and CO2. It is not only light but can easily degrade. Its use in packaging can be a tremendous option in terms of sustainable methods.

Cardboard Paper

Cardboard paper is one of the most popular biodegradable product packaging products. They have remained a staple packaging material even prior to the environmentalism trend worldwide. Today, a number of restaurants are using paper straws in place of plastic. Numerous online retail firms are using recycled paper for packaging products. Paper and cardboard are versatile materials with extensive application ranges.

 

Sustainability to be the Latest Trend in Bioplastics Packaging Market

Sustainability has turned into the latest focus area in line with the surging awareness regarding the environment. This has given rise to a revolution in the bioplastic packaging market. Sustainable and degradable packaging is one of the top trends within the packaging space.

Bioplastics in the packaging sector have gained immense popularity while the rise in research activities in the packaging field contributes to the demand. ALPLA, a renowned company in packaging solutions, acquired a massive stake in Panara A.S., a Slovakian R&D firm dedicated to creating 100% sustainable and renewable bioplastics with commercially beneficial properties.

Rising investments are expected to pave the way for advanced solutions within the commercial packaging sector. The European Union’s ban on the deployment of single-use plastics noted
inception in July 2021. This has had a significant impact on the entire packaging industry. The directive has pushed the demand and popularity of bioplastics in the packaging sector. With the constant rise in the research activities in the bioplastics space, there will be some considerable changes in the market landscape.

Bioplastic Packaging Industry Status Quo

Emerging sustainability trend in various aspects of the packaging industry will be favorable for the worldwide market. Food & beverage sector is the top consumer of bioplastic packaging owing to the mounting concerns with regard to contamination of the content.

The heightened preference among consumers for natural and organic polymers in the food packaging space will foster the adoption rate of sustainable packaging solutions in the beverage
and food sector. In addition to consumer awareness, the increasing number of government initiatives stimulating the utilization of eco-friendly packaging products worldwide will further bolster business growth.

Europe will be the worldwide market leader in the coming years, with North America and the Asia Pacific as other successful markets. Europe will display remarkable growth in the bioplastic
packaging landscape as many players are focusing on enhancing the physical characteristics of these packaging materials, rendering them usable and attractive. Most of them are trying to leverage the opportunities in developing economies to bolster their presence.

China is one of the top markets in Asia Pacific, with the biodegradable plastic market in the country expected to benefit from the product's widespread availability at reasonable prices. The huge base of several renowned manufacturers in the region, escalating urbanization rate in India and the expanding population in India as well as China will offer plenty of opportunities in the future. The e-commerce sector has emerged as the leading end-user of bioplastic packaging, given the need for effective packaging for transporting goods from one point to another.

What has been the COVID-19 Impact on the Market?

The biodegradable plastic packaging industry has been witnessing a heavy impact of the COVID- 19 outbreak, considering the effects of nationwide lockdowns, and the reduced availability of chief raw materials. Due to COVID-19, the global packaging sector has been experiencing a setback in terms of the shift toward sustainability. Packaging vendors are therefore, creating new packaging technologies that eco-friendly, biodegradable, and reusable.

 

However, the issue of safety and hygiene in reusable packaging has slowed down the progress of the environmentally friendly supply chain. Countries are discouraging the adoption of single-use plastics, especially Colombia, China, parts of the United States, Albania, Zimbabwe, Romania, and Cameroon. Companies are implementing targets that will be achieved by a certain year in a
bid to become sustainable. To bring down the spread of the infection, many countries as well as several US states are either reversing or banning the use of single-use plastics, while many
others are imposing prohibitions on reusable bags.

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