This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Bioplastic Textile industry. The report analyzes and declares the historical and current trends analysis of the Bioplastic Textile industry and subsequently recommends the projected trends anticipated to be observed in the global Bioplastic Textile market during the upcoming years.
The global Bioplastic Textile market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Bioplastic Textile market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Tons) and value (USD Billion) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Bioplastic Textile industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Bioplastic Textile industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the global Bioplastic Textile market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Bioplastic Textile industry. The global Bioplastic Textile market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Bioplastic Textile sector. Key strategic developments in the global Bioplastic Textile market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the global Bioplastic Textile market are appropriately highlighted in the report.
Biodegradable plastics including polylactic acid, poly (glycolide) and polyhydroxyalkanoate are extensively used in the textile sector owing to the high demand for eco-friendly materials. The myriad functionalities and biomass utilities is likely to upsurge the bioplastic textile industry. The bioplastics are used in textile products such as medical fabrics, sports bags, etc.
The changing consumer preferences and inclination toward sustainable products is helping the Bioplastic Textile market gain momentum during the forecast period. Furthermore, the favorable government regulations and environment friendly raw materials will help offer new opportunities for the industry. The negative impact of synthetic fibers on aquatic life and surrounding is increasing the prominence of bioplastic textile across the globe. Additionally, the increasing number of microfibers entering the rivers or oceans despite the wastewater treatment is increasing the demand for bioplastic help prohibit water contamination. The high demand for bio-based products owing to the green credits associated with sustainable product purchase and stringent government policies are likely to generate ample opportunities for the market in the forecast timeline.
The global Bioplastic Textile market research report delivers an acute valuation and taxonomy of the Bioplastic Textile industry by practically splitting the market on the basis of different material, source, end-use, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Bioplastic Textile industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Bioplastic Textile industry is provided for the leading economies of the world.
The global Bioplastic Textile market is segmented based on Material, Source, and End-Use. On the basis of material segmentation, the market is classified into Polylactic Acid [PLA], Polyhydroxyalkanoates [PHA], Polyhydroxybutyrate [PHB], Bio-polyester [Bio-PES], and Bio-polyamide [Bio-PA]. Based on source, the market for bioplastic textile is segregated into Sugarcane, Beet, Corn Starch, and Cassava. By end-use, the global Bioplastic Textile market is divided into Home Textiles, Clothing, and Footwear.
Report Attribute |
Details |
Market Size in 2019 |
USD 1.04 Billion |
Projected Market Size in 2026 |
USD 1.5 Billion |
Growth Rate |
CAGR 4.5% |
Base Year |
2019 |
Forecast Years |
2020–2026 |
Key Market Players |
Ercros SA, Adidas, Teijin, Lacoste, ZS Fabrics, Gucci, Unitika, Puma, Patagonia, NatureWorks LLC, Reebok, Versace, and Offset Warehouse. |
Key Segment |
By Material, By Source, By End-Use, and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The taxonomy of the Bioplastic Textile industry by its scope and segmentation is as follows:
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