As an important part of the bioeconomy, bioplastics are a future lead market for the European Union offering job creation, development of rural areas and global export opportunities for innovative technologies.
According to a recent job market analysis conducted by EuropaBio, the European bioplastics industry could realise a steep employment growth over the next decades. In 2013, the bioplastics industry accounted for around 23,000 jobs in Europe. With the right framework conditions in place, this number could increase more than tenfold by 2030, with up to 300,000 high-skilled jobs being created in the European bioplastics sector.
The European bioeconomy sectors are worth 2 trillion euros in annual turnover and account for 22 million jobs in the EU. That is approx. 9 percent of the EU’s workforce.