The increase in the use of bioplastics is driven by an increasing demand for sustainable products by consumers due to a growing awareness of the impact on the environment. To the environmentally conscious customer, the advantages of being biobased give bioplastics the competitive edge to conventional plastics. About 80 percent of European consumers [...]
The number of brand owners that apply bioplastics in their solutions is growing steadily. Prominent examples of big brands that have introduced bioplastic packaging are Pepsi, LEGO, IKEA, Danone, Coca-Cola (PlantBottle), and Ecover (cleaning products). The supermarket chains Carrefour, Sainsbury, Billa, Spar and Hofer offer different packaging products and/or shopping bags made of bioplastics. In the leisure/sport sector [...]
Bioplastics are used in both short-term and long-lasting applications. Durable, biobased commodity plastics like biobased PE and biobased PET are commonly found in packaging but are also used in long-lasting products such as car parts, toys, and consumer electronics. These "drop-in solutions" integrate seamlessly into existing recycling streams and represent the largest share [...]
Today, there is pretty much nothing that bioplastics can’t do. For almost every conventional plastic material and application, there is a bioplastic alternative available that offers the same or, in some cases, even better properties and functionalities. Today, bioplastics are mainly being used in the following market segments: Packaging Food-services Agriculture & horticulture Consumer electronics Automotive & transport Consumer goods and household appliances [...]
The cost of research and development still makes up for a share of investment in bioplastics and has an impact on material and product prices. Additionally, the currently low oil prices are making it difficult for bioplastics to achieve competitive pricing levels compared to conventional plastics at present. However, prices have continuously been [...]
With the right legislative framework and market conditions in place, the European bioplastics industry could offer an immense employment growth potential. From 23,000 employees in 2013, the bioplastics industry could grow to 300,000 high-skilled jobs in 2030. The bioplastics industry could provide new impulses for the development of rural areas in Europe by [...]
The European bioplastics industry has the potential to realise a steep employment growth. In 2023 alone, around 15,000 new jobs were generated within the EU as a direct result of the expanding bioplastics sector (2). (2) https://www.bioplasticsmagazine.com/en/news/meldungen/20230822_career.php Related links: Market drivers and development
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. The European bioplastics industry has the potential to realise a steep employment growth. In 2023 alone, around 15,000 new jobs were generated within the [...]
Today, there is pretty much nothing that bioplastics cannot do. For practically every conventional plastic material and application, there is a bioplastic alternative available that offers the same or, in some cases, even better properties and functionalities. The main challenge faced by the bioplastics industry is not of technical nature but the lack of effective policy measures or regulatory incentives [...]
Supply is well ensured to meet the growing demand in the short and medium term. However, it is difficult to make long-term forecasts due to the dynamic and innovative nature of the bioplastic market. A reliable legislative framework in the EU would be beneficial to further attract investment and ensure supply in the long [...]