August 24th,2022/IndustryNewsGlobal/ — This new report from Stratview Research analyses the Bioplastic Textile Market over the trend period from 2015 to 2020 and forecast period from 2021 to 2026. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Bioplastic Textile Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Bioplastic Textile Market is no different. Derived from the previous market scenario, the Bioplastic Textile Market is likely to witness a CAGR of 5.4% during the forecast period. 

Key Players:

  • Ercros SA
  • Gucci
  • Lacoste
  • NatureWorks LLC
  • Offset Warehouse
  • Patagonia Inc
  • Puma
  • Teijin Limited
  • Unitika Ltd.
  • ZS Fabric.

The Bioplastic Textile Market is segmented by–

  • by Source Type (Sugarcane, Beet, Corn Starch, Cassava, and Others),
  • by Material Type (Polylactic Acid [PLA], Polyhydroxyalkanoates [PHA], Polyhydroxybutyrate [PHB], Bio-polyester [Bio-PES], Bio-polyamide [Bio-PA], and Others),
  • by End-User Type (Home Textiles, Clothing, Footwear, and Others), and
  • by Region (North America, Europe, Asia-Pacific, and Rest of the World)

Get access to a deeper coverage of the impact of COVID-19 on this Market here:

Regional analysis:

In terms of regions, Asia-Pacific is expected to experience maximum growth for bioplastic textiles during the forecast period, which is encouraged by government initiatives to promote bio-based products, growing consumer cognizance for bioplastics, followed by increasing bans on traditional plastics. Furthermore, growing apparel industry in the region, supported by increasing online shopping portals mainly in the emerging economies such as China and India, are likely to be the key influencer for the growth of the market in the near term.

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