Bioplastic Textiles Market Report, By Source (Sugarcane, Cornstarch, Beet, Cassava), By Material (Polyhydroxybutyrate [PHB], Bio-polyester [Bio-PES], Bio-polyamide [Bio-PA], Polyhydroxyalkanoates [PHA], Polytrimethylene terephthalate (PTT) Polylactic Acid [PLA]), By Application (Home textiles, Clothing, Footwear) and Geography - Global Market Share, Trend Analysis & Forecast

Shifting trends towards effective biomass utilization supported by growing application potential of bioplastics textiles as technical textiles use in automotive and medical industry will propel industry growth. Bioplastics reinforced with textile fabric provides high strength and stiffness in clothing. Growing industrial usage in clothing, textiles, sports bags and footwear will further promote industry growth. 

Bioplastic Textiles Market Trends 

• Increase in adoption of bioplastic textiles for fashion industry waste management will support industry growth. PVC’s and plastic based fabrics are unsustainable and polluting with negative impact on environment and animal welfare, which is likely to boost bioplastic demand in textile industry.
• Stringent environmental policies promoting alternative to conventional plastic materials supported by financial support from the government to for bio based products manufacturing 
• Abundant raw material availability for bioplastic production will have positive impact on industry growth. 

Bioplastic Textiles Market COVID-19 Impact

Lower than expectation demand has led to exponential drop in crude oil prices which might favour plastic production and negatively impact bioplastics production. Demand uncertainty has also delayed green investments, thus further restricting industry growth.

The report provides market estimation & forecast for global bioplastic textiles market considering economic conditions during COVID 19 pandemic. Study impact of COVID 19 on market value with holistic approach considering both supply and demand side of the market. Macro and Micro economic factors analysis pertaining to economic policies, GDP and international trade changed due to COVID 19. After COVID 19 scenarios with coping strategies adopted by the major market players?

Bioplastic Textiles Market Regional Highlights

The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. North America comprises of U.S., Canada and Mexico. Whereas, Europe covers UK, France, Germany, Italy, Spain and Rest of Europe. The key countries included under Asia Pacific are China, India, Japan and Rest of Asia Pacific. The Rest of the world includes Latin America and Middle East & Africa. 

Europe accounted for major share in bioplastic textiles market in 2019. Europe led by Italy, France and Germany dominated the bio plastic textile market and will continue its dominance over coming years. Consumer inclination towards green products along with favourable government policies and initiatives to reduce ecological damage will drive regional industry growth.

Bioplastic Textiles Market Segmental Overview

• The report analyses the global bioplastics textiles market based on source, material, application, and geography
• Various source studied are segmented into sugarcane, corn starch, beet, cassava. Sugarcane remains the popular source bio based textile manufacturing owing to its carbon negative nature and renewable resource. 
• The materials segment includes polyhydroxybutyrate [PHB], bio-polyester [BIO-PES], bio-polyamide [BIO-PA],polyhydroxyalkanoates [PHA],polylactic acid [PLA], Polytrimethylene terephthalate (PTT)
• Furthermore, the major application considered in the study is home textiles, clothing, and footwear. 

Bioplastic Textiles Market Competitor Analysis

The key players in the bioplastic textiles market share are Lacoste, Teijin, Gucci, Ercros SA, Corbion, NaturePlast, Patagonia, DuPont de Nemours, Inc., Biome Bioplastics Ltd, GALATEA BIO TECH, and Unitika. Major end use clothing brands are manufacturing bioplastic textile based products to establish competitive edge, thus driving industry growth.