09 Dec 2019 --- European Bioplastics (EUBP) has announced “dynamic growth” in the global bioplastics industry, in which packaging remains the largest field of application with almost 53 percent (1.14 million metric tons) of the total bioplastics market in 2019. “In an increasingly environmentally conscious environment, the global market for bioplastics is predicted to grow by more than 15 percent over the next five years,” reports Hasso von Pogrell, Managing Director for EUBP. Von Pogrell tells PackagingInsights that brand owner and consumer demand for conventional plastic-alternatives is driving bioplastic packaging adoptions, while a more favorable EU legislative environment would see market growth accelerated further.
