info@marketresearchfuture.com   📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Horticulture Bioplastic Market Research Report By Application (Mulching Films, Seedling Trays, Planters, Greenhouse Covers, Compost Bags), By Material Type (PLA, PHA, Starch Blends, PBAT, Cellulose), By End Use (Commercial Horticulture, Home Gardening, Research Institutions, Landscaping), By Distribution Channel (Online Retail, Brick-and-Mortar Stores, Wholesale Distributors, Direct Sales) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032


ID: MRFR/CnM/34567-HCR | 111 Pages | Author: Chitranshi Jaiswal| November 2024

Global Horticulture Bioplastic Market Overview


The Horticulture Bioplastic Market Size was estimated at 1.59 (USD Billion) in 2022. The Horticulture Bioplastic Industry is expected to grow from 1.8 (USD Billion) in 2023 to 5.5 (USD Billion) by 2032. The Horticulture Bioplastic Market CAGR (growth rate) is expected to be around 13.18% during the forecast period (2024 - 2032).


Key Horticulture Bioplastic Market Trends Highlighted


The horticulture bioplastic market is experiencing notable growth driven by increasing environmental concerns and the push for sustainable agricultural practices. As consumers and businesses alike prioritize eco-friendly alternatives to traditional plastics, there is a rising demand for bioplastics made from renewable resources. This shift is echoed in regulatory changes aimed at reducing plastic waste and promoting biodegradable materials. Additionally, advancements in bioplastic technology are improving the performance and affordability of these materials, further encouraging adoption within the horticulture sector. There are numerous opportunities to explore in this evolving landscape.Companies can focus on innovation in bioplastic formulations that enhance strength, flexibility, and biodegradability. This is particularly significant as the agricultural sector looks for more efficient ways to manage waste and improve soil health. Furthermore, partnerships with eco-conscious brands and educational initiatives about the benefits of bioplastics can drive market penetration. Harnessing the potential of local sourcing for bioplastics can also reduce transportation costs and promote regional economies. Recent trends indicate a growing collaboration between manufacturers, research institutions, and policy-makers to drive the development of bioplastic solutions tailored to horticulture-specific needs.There is a notable emphasis on integrating bioplastics in packaging, plant containers, and mulching films. This reflects a broader shift towards sustainable practices in agriculture. The market is also witnessing increased consumer interest in products that facilitate a circular economy, encouraging brands to develop sustainable product life cycles. The overall trajectory suggests a vibrant future for the horticulture bioplastic market, with numerous avenues for development and engagement.


Horticulture Bioplastic Market Overview


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Horticulture Bioplastic Market Drivers


Sustainability and Environmental Concerns


The growing emphasis on sustainability and environmental protection is a significant driver within the Horticulture Bioplastic Market Industry. As concerns about plastic pollution escalate, many sectors, including horticulture, are actively seeking alternatives that reduce their ecological footprint. Bioplastics, made from renewable resources such as plant-based materials, present a viable solution to conventional plastics, which contribute heavily to landfills and environmental degradation.The increase in awareness among both consumers and businesses regarding the negative impacts of traditional plastic products has resulted in a heightened demand for bioplastics. Environmental policies and regulations are also playing a pivotal role, as governments worldwide are introducing stringent measures to limit plastic usage and promote biodegradable options. This push towards sustainable practices is influencing agricultural producers to switch to bioplastics, addressing their need for eco-friendly solutions for planting containers, mulch films, and other horticultural products.As the market expands, innovations in bioplastic technologies are expected to yield more effective and efficient products, further driving their adoption across the horticulture sector. Additionally, consumers are increasingly inclined to support brands that demonstrate a commitment to sustainability, instigating a shift among horticultural suppliers towards bioplastic products. Consequently, the overall trajectory of the Horticulture Bioplastic Market is shaped by a collective push towards sustainable development, fostering an environment ripe for growth and innovation.


Technological Advancements in Bioplastics


The advancement of technology in the production of bioplastics has been one of the leading drivers in the Horticulture Bioplastic Market Industry. Innovations in material science have allowed for the development of new types of bioplastics that possess enhanced properties like improved durability, flexibility, and moisture resistance. These advancements make bioplastics more appealing to the horticulture sector, as they can meet the specific needs of various applications.Furthermore, advancements in manufacturing processes reduce production costs, making bioplastics more accessible to horticultural businesses. As research continues, the introduction of high-performance bioplastics is anticipated, broadening their application within the horticultural field.


Government Regulations and Incentives


Government regulations and incentives aimed at minimizing plastic waste and promoting biodegradable products are driving significant growth in the Horticulture Bioplastic Market Industry. Many governments are implementing strict guidelines on plastic usage, pushing industries to adopt more sustainable alternatives, including bioplastics. This regulatory pressure is motivating horticultural businesses to incorporate bioplastic options into their operations.Additionally, various subsidies and incentives for using eco-friendly materials are encouraging more horticulture businesses to transition to bioplastic solutions, thereby enhancing market growth prospects.


Horticulture Bioplastic Market Segment Insights


Horticulture Bioplastic Market Application Insights


The Horticulture Bioplastic Market is poised for significant growth, particularly within the Application segment, which encompasses various products tailored for horticultural use. In 2023, the market is valued at 1.8 USD Billion and is projected to rise substantially to 5.5 USD Billion by 2032. Among the various applications, Mulching Films emerges as a major contributor to the market, valued at 0.75 USD Billion in 2023 and expected to reach 2.25 USD Billion by 2032. This significant valuation speaks to the critical role Mulching Films play in enhancing soil moisture retention, minimizing weed growth, and improving crop yields, making it a preferred choice among horticulturists.Seedling Trays also hold a vital position within the market, with a valuation of 0.3 USD Billion in 2023 and projected growth to 0.9 USD Billion by 2032. Their importance lies in facilitating seed germination and healthy plant development, thus catering to both small and large-scale agriculture. Planters represent another substantial application in this market, starting at a value of 0.4 USD Billion in 2023, anticipated to grow to 1.2 USD Billion by 2032. The convenience and ease of use provided by bioplastic planters, which are suitable for both indoor and outdoor gardening, are appealing to eco-conscious consumers.Meanwhile, Greenhouse Covers contribute a lower market share, valued at 0.2 USD Billion in 2023 and expected to increase to 0.6 USD Billion by 2032. They are essential for providing a controlled environment for plant growth, although the lower valuation reflects a more niche application compared to other segments. Lastly, Compost Bags, valued at 0.15 USD Billion in 2023, with growth projected to reach 0.45 USD Billion by 2032, play a supportive role by promoting composting and sustainable waste management practices in horticulture, albeit with a smaller market footprint.Overall, the market dynamics within the Application segment of the Horticulture Bioplastic Market highlight the growing trend towards sustainable agricultural practices, a factor that is likely to drive market growth and innovation in the coming years, while the diverse applications underline the versatility and significance of bioplastics in modern horticulture. The market growth reflects a clear transition towards eco-friendly alternatives, addressing both environmental concerns and the increasing demand for efficient agricultural solutions.


Horticulture Bioplastic Market Application


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Horticulture Bioplastic Market Material Type Insights


The Horticulture Bioplastic Market, valued at 1.8 billion USD in 2023, showcases a diverse array of material types that are crucial for the industry. This market has a rich segmentation, including materials such as PLA, PHA, Starch Blends, PBAT, and Cellulose, each playing a vital role in the growth of sustainable horticultural solutions. PLA (Polylactic Acid) stands out due to its renewable-source origins and biodegradability, making it a favorite among eco-conscious consumers and businesses. PHA (Polyhydroxyalkanoates) also gains traction for its versatility and efficiency in natural systems, enhancing its use in various applications.Starch Blends, known for their cost-effectiveness, are predominantly residing in the gardening sector, appealing to budget-focused markets. PBAT (Polybutylene Adipate Terephthalate) is significant for its flexibility, often utilized in films and mulch products, whereas Cellulose, derived from plants, emphasizes the trend of using natural fibers in bioplastic production. The overall growth of the market is driven by the increasing awareness of environmental issues and the demand for sustainable alternatives, creating opportunities alongside challenges related to production costs and raw material sourcing.Understanding the Horticulture Bioplastic Market data and statistics is crucial for stakeholders looking to navigate this evolving landscape.


Horticulture Bioplastic Market End Use Insights


The Horticulture Bioplastic Market has been shaped significantly by its end-use segments, which include Commercial Horticulture, Home Gardening, Research Institutions, and Landscaping. In 2023, the market achieved a valuation of 1.8 billion USD, reflecting growing consumer interest in sustainable practices within these areas. Commercial Horticulture occupies a prominent position, driven by the need for eco-friendly materials that meet regulatory standards while promoting sustainability. Home Gardening is gaining traction as more individuals pursue gardening as a hobby and seek environmentally-friendly products.Research Institutions play a critical role in advancing bioplastic technologies, facilitating innovation that can enhance the performance and applicability of these materials. Additionally, Landscaping serves as a vital segment, often featuring high demand for materials that minimize environmental impact while providing aesthetic benefits. The Horticulture Bioplastic Market segmentation reveals a broad spectrum of applications, each contributing to the overall growth, with rising environmental awareness and the quest for biodegradable options serving as key growth drivers.Challenges such as production costs and material performance remain, yet numerous opportunities in innovation and sustainability continue to flourish within the market.


Horticulture Bioplastic Market Distribution Channel Insights


The Horticulture Bioplastic Market revenue is poised for significant growth over the coming years, driven by various distribution channels that facilitate access to these sustainable products. In 2023, the market was valued at approximately 1.8 USD Billion, highlighting its increasing relevance. The landscape of distribution channels includes Online Retail, Brick-and-Mortar Stores, Wholesale Distributors, and Direct Sales, with each playing a crucial role in market penetration. Online Retail has emerged as a major channel, catering to the increasing preference for convenience among consumers, while Brick-and-Mortar Stores provide essential tactile experiences for customers seeking to physically assess products.Wholesale Distributors hold a notable position due to their capacity to supply large quantities to retailers, ensuring broader market availability. Direct Sales enhance customer engagement by offering tailored solutions, significantly impacting consumer loyalty. The Horticulture Bioplastic Market statistics indicate that as sustainability concerns rise, the demand across these channels will accelerate, leading to innovative growth strategies and opportunities that will reshape the industry in the coming years.


Horticulture Bioplastic Market Regional Insights


The Horticulture Bioplastic Market is experiencing notable growth across its various regional segments. In 2023, North America leads with a valuation of 0.5 USD Billion, showing significant potential as it is expected to rise to 1.5 USD Billion by 2032, indicating its majority holding in the market. Europe follows closely, valued at 0.6 USD Billion in 2023 and projected to reach 1.8 USD Billion in 2032, showcasing its strong market presence. The Asia-Pacific (APAC) region, valued at 0.4 USD Billion in 2023, is anticipated to grow to 1.2 USD Billion, driven by rising demand for sustainable agricultural practices, making it an emerging player.South America, while smaller, has a steady growth trajectory from 0.2 USD Billion in 2023 to 0.6 USD Billion in 2032, reflecting increasing environmental awareness. Meanwhile, the Middle East and Africa (MEA) segment, with a valuation of 0.1 USD Billion in 2023, shows increment potential, reaching 0.4 USD Billion by 2032, albeit representing the least dominance in the Horticulture Bioplastic Market revenue. The varying market dynamics among these regions present opportunities and challenges shaped by local environmental policies and consumer preferences.


  Horticulture Bioplastic Market Regional


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Horticulture Bioplastic Market Key Players and Competitive Insights


The Horticulture Bioplastic Market is experiencing significant growth, driven by increasing environmental concerns and the rising demand for sustainable packaging solutions. Bioplastics are increasingly recognized for their potential to reduce reliance on fossil fuels and mitigate plastic pollution in the horticulture sector. As companies are becoming more environmentally conscious, they are investing in bioplastic innovations, which has led to a highly competitive landscape. This market is characterized by a diverse range of key players who are focused on enhancing product offerings, improving technology, and expanding their market reach. Competitive strategies such as mergers, acquisitions, and collaborations are prevalent as companies strive to secure a strong foothold in the growing bioplastics market.Plantic Technologies has established itself as a notable player within the Horticulture Bioplastic Market. The company specializes in producing high-performance biodegradable plastics made from renewable resources. This unique focus on eco-friendly materials aligns with the market's demand for sustainable solutions. Plantic Technologies leverages its advanced technology and innovation to create products that not only serve horticultural needs but also meet environmental regulations and consumer preferences. Its strengths lie in its commitment to sustainability, product performance, and ability to cater to the specific requirements of the horticulture industry, allowing it to capture a significant share of the market. The company’s strategic partnerships and collaborations also enhance its competitive positioning, enabling it to access new markets and broaden its product range.Braskem, a prominent player in the Horticulture Bioplastic Market, is recognized for its production of bioplastics derived from sugarcane, presenting a renewable alternative to traditional petroleum-based plastics. With a strong emphasis on sustainability, Braskem actively works on enhancing its biopolymer portfolio to support the horticulture sector's growing need for biodegradable and compostable solutions. The company's innovative approach and cutting-edge research capabilities allow it to develop high-quality bioplastic products that meet the practical requirements of horticultural applications. Braskem's strengths also lie in its established presence, extensive distribution network, and commitment to continuous improvement in sustainability practices. By focusing on innovation and environmental responsibility, Braskem solidifies its position as a leader within the horticulture bioplastic market, catering to the needs of ecosystem-conscious consumers and businesses alike.


Key Companies in the Horticulture Bioplastic Market Include



  • Plantic Technologies

  • Braskem

  • NatureWorks

  • Cargill

  • Novamont

  • Danimer Scientific

  • Bayer

  • BASF

  • Toray Industries

  • Trellis Earth Products

  • Green Dot Bioplastics

  • Fkur Kunststoff

  • Stora Enso

  • BioBag International

  • Mitsubishi Chemical


Horticulture Bioplastic Market Industry Developments


The Horticulture Bioplastic Market has seen several significant developments recently. Companies such as NatureWorks and Braskem are actively expanding their bioplastic product lines, focusing on the development of sustainable materials that meet the growing demand for environmentally friendly packaging and gardening products. Plantic Technologies and Novamont have recently made strides in enhancing their production capabilities to meet increased consumer interest in biodegradable options. Additionally, Danimer Scientific has announced a partnership to develop new bioplastic solutions, which is expected to broaden its market reach. In the realm of mergers and acquisitions, Bayer has been reported to explore strategic partnerships with startups in bioplastics, leveraging innovation to enhance their product offerings. Moreover, Trellis Earth Products is aligning its business model to capitalize on the shift towards sustainable practices, while BASF and Toray Industries are collaborating on projects to innovate in the horticulture sector. This growth translates into a projected increase in market valuation, affirming the industry's robust potential and its role in promoting sustainable agricultural practices. These developments reflect a dynamic market responding to environmental challenges and consumer preferences toward biobased solutions.


Horticulture Bioplastic Market Segmentation Insights 


Horticulture Bioplastic Market Application Outlook



  • Mulching Films

  • Seedling Trays

  • Planters

  • Greenhouse Covers

  • Compost Bags


Horticulture Bioplastic Market Material Type Outlook



  • PLA

  • PHA

  • Starch Blends

  • PBAT

  • Cellulose


Horticulture Bioplastic Market End Use Outlook



  • Commercial Horticulture

  • Home Gardening

  • Research Institutions

  • Landscaping


Horticulture Bioplastic Market Distribution Channel Outlook



  • Online Retail

  • Brick-and-Mortar Stores

  • Wholesale Distributors

  • Direct Sales


Horticulture Bioplastic Market Regional Outlook



  • North America

  • Europe

  • South America

  • Asia Pacific

  • Middle East and Africa


 

Report Attribute/Metric Details
Market Size 2022 1.59 (USD Billion)
Market Size 2023 1.8 (USD Billion)
Market Size 2032 5.5 (USD Billion)
Compound Annual Growth Rate (CAGR) 13.18% (2024 - 2032)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year 2023
Market Forecast Period 2024 - 2032
Historical Data 2019 - 2023
Market Forecast Units USD Billion
Key Companies Profiled Plantic Technologies, Braskem, NatureWorks, Cargill, Novamont, Danimer Scientific, Bayer, BASF, Toray Industries, Trellis Earth Products, Green Dot Bioplastics, Fkur Kunststoff, Stora Enso, BioBag International, Mitsubishi Chemical
Segments Covered Application, Material Type, End Use, Distribution Channel, Regional
Key Market Opportunities Sustainable packaging solutions demand Increasing organic farming trends, Technological advancements in bioplastics, Government regulations promoting sustainability, Growing consumer awareness of eco-friendliness
Key Market Dynamics sustainability concerns, regulatory support, technological advancements, increasing demand, competitive pricing
Countries Covered North America, Europe, APAC, South America, MEA
 

Frequently Asked Questions (FAQ) :

The Horticulture Bioplastic Market is expected to reach a value of 5.5 USD Billion by 2032.

The market is expected to grow at a CAGR of 13.18% from 2024 to 2032.

The Mulching Films segment is projected to reach a market value of 2.25 USD Billion by 2032.

The North American market for Horticulture Bioplastics is expected to be valued at 1.5 USD Billion by 2032.

The Seedling Trays segment is projected to reach a market value of 0.9 USD Billion by 2032.

Key players in the market include Plantic Technologies, Braskem, NatureWorks, and Cargill.

The Compost Bags segment is expected to be valued at 0.45 USD Billion by 2032.

The European market is projected to grow to 1.8 USD Billion by 2032.

The Planters application is expected to reach a market value of 1.2 USD Billion by 2032.

The MEA region is expected to reach a market value of 0.4 USD Billion by 2032.

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.