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Global market value of bioplastics 2018-2028

Published by Statista Research Department, Mar 24, 2023
Bioplastics had a global market value of approximately 7.6 billion U.S. dollars as of 2021. By 2028, it is expected that the global market value of bioplastics will reach 15.55 billion U.S. dollars. The COVID-19 pandemic had a negative impact on the bioplastics market, with a 5.02 percent decline in 2020 compared to the average year-over-year market growth of bioplastics from 2017 to 2019.

Market value of bioplastics worldwide from 2018 to 2021, with a forecast for 2028 (in million U.S. dollars)

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Release date

April 2021

Region

Worldwide

Survey time period

2018, 2020, and 2021

Supplementary notes

* Forecast based on a CAGR of 10.7 percent during the forecast period 2021-2028. The figure for 2021 was provided as of April 2021.
This statistic has been assembled using several editions of the press release.

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Statistics on " Bioplastic industry worldwide "

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Statistics on Bioplastic industry worldwide

Overview

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Production

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Segments

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Consumption

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