Starch based Packaging Market Analysis

• Increase in use of starch-based bioplastics as an alternative packaging is driving the market growth

In addition, the packaging industry's use of starch-based films for food packaging, cosmetics packaging, pharmaceutical packaging, and commodities packaging is anticipated to spur market expansion. It is also projected that ongoing government subsidies and investments in biodegradable plastics would help the market grow by reducing the problems associated with disposing of conventional plastics in landfills and the ocean. Governments are also promoting the use of bioplastics by offering subsidies and levying taxes, which greatly aids in the expansion of the market.

Growing demand for flexible packaging, technological advancements in packaging solutions, and increased disposable income are the main factors propelling the market for starch-based bioplastics. Growing demand from a number of end-use sectors, including homecare, healthcare, personal care, food & beverage, automotive industries, and others, is driving up demand for the market for starch-based bioplastics packaging.

A demand for packaging that is both environmentally friendly and offers sufficient protection during transportation has been generated by the growing popularity of e-commerce. Packaging made of starch is a great option for e-commerce since it can be made to offer good cushioning and shock absorption. Businesses have a potential to gain from government incentives and regulations. Many countries all over the world are implementing regulations to promote the use of packaging materials that are good to the environment, including packaging made of starch.

These materials may qualify for tax incentives or other financial aid for businesses who invest in them.

The market for starch-based bioplastics is growing as a result of ongoing research and development efforts in this area and increased public awareness of environmental preservation. The demand for starch-based bioplastics packaging has also increased due to strict government restrictions and regulations by numerous governments to reduce the use of plastic. The market for starch-based bioplastics packaging is predicted to expand as consumer demand for food products rises. This is because starch-based bioplastics are inexpensive, easy to use, and have good tensile strength, which makes them ideal for food packaging.

Additionally, a lot of brand owners choose environmentally friendly packaging options to strengthen their brand's position in the marketplace, which is anticipated to increase demand for the starch-based packaging industry. Thus, driving the Starch-based Packaging market revenue.

The Global Starch-based Packaging Market Industry is experiencing a notable shift towards sustainability as consumers and businesses increasingly prioritize eco-friendly solutions. This trend is driven by heightened awareness of environmental issues and the adverse effects of plastic waste. Starch-based packaging, derived from renewable resources, offers a biodegradable alternative that aligns with global sustainability goals. In 2024, the market is projected to reach 7.9 USD Billion, reflecting a growing demand for sustainable packaging solutions. As regulations tighten around single-use plastics, the adoption of starch-based materials is likely to accelerate, further propelling market growth.

Government regulations play a pivotal role in shaping the Global Starch-based Packaging Market Industry. Many countries are implementing stringent policies aimed at reducing plastic consumption and promoting biodegradable alternatives. For instance, the European Union has introduced directives to phase out single-use plastics, which encourages manufacturers to explore starch-based packaging solutions. These regulatory frameworks not only foster innovation but also create a conducive environment for market expansion. As a result, the industry is expected to witness a compound annual growth rate of 6.7% from 2025 to 2035, indicating a robust response to regulatory pressures.

The Global Starch-based Packaging Market Industry is poised for substantial growth in the coming years. Projections indicate that the market will reach 7.9 USD Billion in 2024 and is expected to expand to 16.1 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate of 6.7% from 2025 to 2035. Such figures underscore the increasing acceptance and integration of starch-based materials across various sectors, driven by sustainability initiatives and consumer preferences for eco-friendly packaging solutions.

Technological advancements are transforming the Global Starch-based Packaging Market Industry, enabling the development of innovative and efficient packaging solutions. Recent breakthroughs in material science have led to enhanced properties of starch-based materials, such as improved barrier performance and durability. These advancements allow manufacturers to produce packaging that meets the demands of various industries, including food and beverage, cosmetics, and pharmaceuticals. As technology continues to evolve, the market is likely to expand, catering to diverse applications and increasing its overall market share.

Rising awareness of health and safety concerns is significantly impacting the Global Starch-based Packaging Market Industry. Consumers are increasingly wary of the potential health risks associated with traditional plastic packaging, which can leach harmful chemicals into food products. Starch-based packaging offers a safer alternative, as it is derived from natural sources and does not pose the same risks. This growing awareness is prompting manufacturers to transition towards starch-based solutions, thereby driving market growth. As health-conscious consumers continue to influence purchasing decisions, the demand for safer packaging options is expected to rise.

There is a growing consumer demand for eco-friendly products, significantly influencing the Global Starch-based Packaging Market Industry. As consumers become more environmentally conscious, they actively seek products that minimize ecological footprints. Starch-based packaging, being biodegradable and compostable, resonates well with this demographic. Companies that adopt such materials often report increased customer loyalty and brand reputation. This shift in consumer preferences is expected to drive the market to an estimated value of 16.1 USD Billion by 2035, highlighting the potential for growth in eco-friendly packaging solutions.

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia Pacific Starch-based Packaging market dominated this market in 2022 (45.80%). Southeast Asia's biodegradable market has significant potential due to the region's dense population. The Asia-Pacific market for starch-based bioplastics is expanding due to government initiatives that boost the use of biobased products. The expansion of the regional market can also be ascribed to the rising urbanisation and industrialization in the Asia-Pacific region's emerging economies, especially in India and other South East Asian nations.

Asia-Pacific's top manufacturer of plastics made from starch is China. Moreover, China’s Starch-based Packaging market held the largest market share, and the Indian Starch-based Packaging market was the fastest growing market in the Asia-Pacific region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: STARCH-BASED PACKAGING MARKET SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

The North America Starch-based Packaging Market is expected to register significant growth from 2023 to 2032. The established presence of significant end use industries and the availability of cutting-edge technologies are primarily responsible for the region's growth. The American government has made steps to promote the use of packaging materials that are compostable and biodegradable. When the Break Free from Plastic Pollution Act is put into effect in 2021, producers will be required to take ownership of their plastic waste and reduce the amount of single-use plastics produced in the nation.

This might increase demand for packaging made of alternatives, such starch.

Several significant players in the starch-based packaging industry are situated in the United States, including Plantic Technologies, Inc., Eco-Products, and NatureWorks LLC. These businesses are actively engaged in the design and production of starch-based packaging solutions, which aid in the expansion of the regional market. Further, the U.S. Starch-based Packaging market held the largest market share, and the Canada Starch-based Packaging market was the fastest growing market in the North America region.

Europe Starch-based Packaging market accounted for the healthy market share in 2022. This is because there are excellent research and development facilities and strict government regulations on minimising carbon footprint. The demand for packaging made of starch has increased as a result of the objectives many European nations have set for themselves to reduce plastic waste and encourage the use of biodegradable materials. The food and beverage sector is a significant end-user of starch-based packaging in Europe. The main sources of starch-based packaging solutions are cafeterias and highly dispersed take-out joints.

Further, the German Starch-based Packaging market held the largest market share, and the U.K Starch-based Packaging market was the fastest growing market in the European region

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Starch-based Packaging market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Starch-based Packaging Industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Starch-based Packaging Industry to benefit clients and increase the market sector. In recent years, the Starch-based Packaging Industry has offered some of the most significant advantages to medicine. Major players in the Starch-based Packaging market, including Seamore, Evoware, Bloom, Cuan Tec, Starch-based Energy Based, AlgaePac, Algopack, Sea6 Energy, Oceanium, and Cascadia Starch-based, are attempting to increase market demand by investing in research and development operations.

The public limited business NOVAMONT S.P.A. is based in Italy at VIA GIACOMO FAUSER, 8. With 305 employees, the business started doing business on November 4th, 1996. The status of NOVAMONT S.P.A. is Active. Their core line of work is the production of fundamental chemicals, nitrogen compounds, polymers, and synthetic rubber in its basic forms. They are registered under the company number NO171484. The partnership between Novamont S.p.A. and the British business Biopac to create and market a new line of compostable packaging materials manufactured from renewable resources was announced in 2020.

A provider of paper and packaging solutions is Mondi Plc (Mondi). It produces and distributes packaging made of pulp, paper, and flexible plastic. Uncoated fine paper, speciality products, and packaging paper are all included in its offering. Additionally, the business maintains trees, turns packaging paper into industrial bags, and produces specialist extrusion-coated products. Products from Mondi are used in a variety of sectors, including the automotive, medical, and pharmaceutical, retail, pet care, building and construction, chemicals and dangerous goods, e-commerce, beverages, home and personal care, farming and agriculture, office and printing paper, photographic and graphic, transportation, and food industries.

Asia, Africa, the Americas, and Europe are all where the company conducts business. In order to create a sustainable packaging solution for 500g packets of tomatoes on the vine to be sold to PENNY stores, which are owned by the top German retailer REWE Group, Mondi collaborated with BIOhof Kirchweidach, an organic farm in Bavaria.