Bio-Polylactic Acid (PLA) Market - Growth, Trends, COVID-19 Impact, and Forecast (2021 - 2026)

The Bio-Polylactic Acid (PLA) Market is segmented by Raw Material (Corn, Cassava, Sugarcane and Sugar Beet, and Other Raw Materials), Form (Fiber, Films and Sheets, Coatings, and Other Forms), End-user Industry (Packaging, Automotive, Medical, Electronics, Agriculture, Textile, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report offers market size and forecast for Bio-Polylactic Acid (PLA) in revenue (USD Million) for all the above segments.

Market Snapshot

Bio-Polylactic Acid Market Overview
Study Period:


Base Year:


Fastest Growing Market:

Asia Pacific

Largest Market:

Asia Pacific


14.96 %

Bio-Polylactic Acid Market Major Players

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Market Overview

The market for bio-polylactic acid is expected to reach USD 1,638.76 million by 2026, by registering a CAGR of around 14.96% during the forecast period (2021-2026). The major factor driving the growth of the market studied is favorable government policies toward bio-plastics. On the flip side, the high cost of PLA and the negative economic impacts of COVID-19 are expected to hinder the growth of the market studied.

The packaging industry dominated the global market share, owing to its usage in fruit and vegetable packaging in the supermarkets, for bread bags and bakery boxes, bottles, envelopes and display carton windows, and shopping or carrier bags, among others.

The growing production of genetically modified corn and the growing usage of bio-PLA in 3D printing are likely to act as opportunities in the future.

Asia-Pacific dominated the market across the globe with the largest consumption from countries, such as China and Japan.

Scope of the Report

Poly lactic acid (PLA) is a biodegradable and bio-based aliphatic polyester that can be manufactured from renewable materials such as corn, sugarcane, cassava, and sugar beet pulp. This gives PLA manufacturing a lower carbon footprint in comparison to fossil-based plastics. The bio-polylactic acid market is segmented by raw material, form, end-user industry, and geography. On the basis of rawmaterial, the market is segmented by Corn, Cassava, Sugarcane and Sugar Beet, and Other Raw Materials. By form, the market is segmented by Fiber, Films and Sheets, Coatings, and Other Forms. Based on end-user industry, the market is segmented by Packaging, Automotive, Medical, Electronics, Agriculture, Textile, and Other End-user Industries. The report also covers the market sizes and forecasts for the Bio-Polylactic Acid (PLA) Market market in 18 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of revenue (USD million).

Raw Material
Sugarcane and Sugar Beet
Other Raw Materials
Films and Sheets
Other Forms
End-user Industry
Other End-user Industries
South Korea
ASEAN Countries
Australia and New Zealand
Rest of Asia-Pacific
North America
United States
United Kingdom
CIS Region
Rest of Europe
South America
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

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Key Market Trends

Packaging Segmented Expected to Dominate the Market

The packaging industry is one of the largest consumers of bio-PLA. Packaging accounts for a little over 68% of the global bio-PLA market, in 2019, in terms of revenue. Moreover, that concerns about hygiene and food safety in the context of the pandemic has become a higher priority globally. As the packaging industry is the key player, the industries that help provide essential needs, such as getting food and required supplies safely to consumers, are increasingly affected by the COVID-19.

The food packaging being the packaging industry’s largest area of activity, the USD 900 billion per year worldwide industry has been impacted enormously. The demand for packaging in the segments, such as groceries, home entertainment products, household supplies is likely to increase during the pandemic period. At the same time, several segments such as packaging for the food and pharmaceutical industries continue to see vigorous demand. The shutting down of restaurants due to pandemic has shifted the packaging demand drastically in the food area as the consumers will thus continue to move to grocery purchases. The demand has increased across the various health care packaging segments. In addition to it, the demand is expected to increase for the dietary supplements, such as vitamins, and for essential supplies, such as allergy medication. Moreover, the apprehension for the environment and climate change is driving the countries worldwide to choose biodegradable packaging materials.

Bio-PLA is majorly used in fruit and vegetable packaging in the supermarkets, for bread bags and bakery boxes, bottles, envelopes and display carton windows, and shopping or carrier bags, among others. The demand for bio-PLA in the packaging industry is increasing at a rapid pace in the European and North American regions. The increasing intervention of Food and Drug Administration (FDA) and related organizations, in terms of food safety, is promoting the usage of bio-degradable and food grade plastics for beverage and snack consumption. The restaurant chains and food processing industries are increasingly adopting the biodegradable materials for food packaging. Consumer awareness is also rising rapidly evolving, in terms of food safety, as some plastics are proven carcinogens. The growth in the packaging industry in the developing regions, such as Asia-Pacific, South America, and the Middle East, is expected to increase over the forecast period, due to the improving food packaging standards of various food and safety organizations in these regions.

Furthermore, the post-lockdown numbers indicate a systemic shift in consumer purchasing preferences from offline to online. Customers are increasingly getting used to the comforts of online shopping globally, which is expected to increase the demand for the PLA market during the forecast period. Moreover, over the forthcoming years the packaging sector is expected to benefit from, growing population, rising urbanisation and the further development of a retail infrastructure in the emerging and developing nations of Asia, Africa, the Middle East, and Eastern Europe.

Bio-Polylactic Acid Revenue Share

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China to Dominate the Market in Asia-Pacific

In Asia-Pacific, China is the largest economy, in terms of GDP. In 2019, the country witnessed about 6.1% growth in its GDP, despite the trade disturbance, due to the trade war with the United States.​ The country was the worst affected nation in the first few months of 2020, with the virus outbreak originating in the country itself. All the major manufacturing industries took a major hit, as the entire nation faced a lockdown situation to contain the virus outbreak during most of Q1 2020 and early period of Q2 2020. According to the International Monetary Fund’s (IMF) projections, the Chinese GDP growth declined to 1.9% in 2020, due to the COVID-19 outbreak in the country. It is expected to recover and reach 8.2% by the end of 2021. According to the National Bureau of Statistics of China, in the first three months of 2020, the total industrial output in the country fell by 13.5%, 13.5%, and 1.1%, respectively.

China's industrial production rebounded sharply in April, due to the government's push for work resumption and the easing of lockdown measures. In April 2020, total industrial output in the country witnessed 3.9% growth over April 2019. The packaging industry in China is expected to witness tremendous growth, and it may record a CAGR of nearly 6.8% to reach CNY 2 trillion by 2025. This positive momentum in the packaging industry is expected to ignite the market demand. However, China’s plastic ban and shift toward sustainable and biodegradable packaging are expected to drive the market during the period. Additionally, the food processing industry of China is moving toward maturity, witnessing moderate growth. Processed and packaged frozen food products are increasingly becoming popular, especially dairy, baby food, and confectionery products, which is a driver for the food processing industry. In the beverage industry, the trend of consuming healthy, natural, and convenient, ready-to-drink smoothies, juices, and yogurts is emerging. Processed fruits, pork, dairy, and some specialty grains and legumes are the food products that may drive the growth of the food processing industry in the country. Thus, the food and beverage industry is offering opportunities for investment, which is further expected to create demand in the market studied.

China is the largest textile producing and exporting country in the world. With its rapid growth over the last two decades, the Chinese textile industry has become one of the main pillars of the country’s economy. Clothes, clothing accessories, textile yarns, and textile articles are among the top Chinese export goods. In 2019, China’s income from the textile industry was about CNY 235.93 billion, with a growth of about 1.2%, as compared to the previous year. Domestic sales of apparel and knitwear reached CNY 1.2 trillion in 2019, with a year-on-year growth of 3%. High availability of low-cost labor, reduced commercial barriers, and material supply availability are a few of the competitive advantages that the country offers for the clothing manufacturing industry.

China is the largest base for electronics production in the world. Electronic products, such as smartphones, TVs, wires, cables, portable computing devices, gaming systems, and other personal electronic devices, recorded the highest growth rate in the electronics segment. The country not only caters to the domestic demand for electronics, but also exports electronic output to other countries. In China, with the increase in the disposable income of the middle-class population and the rising demand for electronic products in countries importing electronic products from China, the production of electronics is projected to grow. With the growing electronics industry, the demand in the market studied is expected to increase. Currently, due to the COVID-19 outbreak, economic and industrial manufacturing activities have been affected significantly. However, the industrial production has returned to normal in the country. Hence, from the above-mentioned factors, the demand for bio-PLA in China is estimated to grow during the forecast period.

Bio-Polylactic Acid Market Growth By Region

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Competitive Landscape

The bio-polylactic acid market is highly concentrated, and the major four players have a share of around 86% market in terms of production capacity. The market is further expected to consolidate in 2021, owing to the planned capacity expansions by major players. The major players of the market studied include, NatureWorks LLC, Zhejiang Hisun Biomaterials Co. Ltd, Sulzer Ltd, Futerro, and Total Corbion PLA, among others. 

Recent Developments

  • In January 2021, Sulzer Chemtech gained a contract to supply lactide production equipment to a project at Zhejiang Depei New Material Co.’s latest plant in Ningbo, Zhejiang province, China.
  • In November 2020, Sulzer Chemtech supported B&F PLA in the development of China’s first fully-integrated sugar-to-PLA (polylactic acid) plant located in Bengbu, Anhui Province. This plant can produce 30,000 metric ton of PLA per year.

Table of Contents


    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study




    1. 4.1 Drivers

      1. 4.1.1 Favorable Government Policies Promoting Bio-plastics

      2. 4.1.2 Other Drivers

    2. 4.2 Restraints

      1. 4.2.1 High Price and Other Disadvantages

      2. 4.2.2 Negative Impact of COVID-19

    3. 4.3 Industry Value-Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

    5. 4.5 Import-Export Trends

    6. 4.6 Supply and Production Scenario

    7. 4.7 Price Trends


    1. 5.1 Raw Material

      1. 5.1.1 Corn

      2. 5.1.2 Cassava

      3. 5.1.3 Sugarcane and Sugar Beet

      4. 5.1.4 Other Raw Materials

    2. 5.2 Form

      1. 5.2.1 Fiber

      2. 5.2.2 Films and Sheets

      3. 5.2.3 Coatings

      4. 5.2.4 Other Forms

    3. 5.3 End-user Industry

      1. 5.3.1 Packaging

      2. 5.3.2 Automotive

      3. 5.3.3 Medical

      4. 5.3.4 Electronics

      5. 5.3.5 Agriculture

      6. 5.3.6 Textiles

      7. 5.3.7 Other End-user Industries

    4. 5.4 Geography

      1. 5.4.1 Asia-Pacific

        1. China

        2. India

        3. Japan

        4. South Korea

        5. ASEAN Countries

        6. Australia and New Zealand

        7. Rest of Asia-Pacific

      2. 5.4.2 North America

        1. United States

        2. Canada

        3. Mexico

      3. 5.4.3 Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Italy

        5. CIS Region

        6. Rest of Europe

      4. 5.4.4 South America

        1. Brazil

        2. Argentina

        3. Rest of South America

      5. 5.4.5 Middle-East and Africa

        1. Saudi Arabia

        2. South Africa

        3. Rest of Middle-East and Africa


    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 BASF SE

      2. 6.4.2 BEWiSynbra Group

      3. 6.4.3 Cofco

      4. 6.4.4 Danimer Scientific

      5. 6.4.5 Esun

      6. 6.4.6 Futerro

      7. 6.4.7 Jiangxi Keyuan Bio-Material Co. Ltd Inc.

      8. 6.4.8 Musashino Chemical Laboratory Ltd

      9. 6.4.9 NatureWorks LLC

      10. 6.4.10 Polysciences Inc.

      11. 6.4.11 Shanghai Tongjieliang Biomaterials Co., Ltd, Inc.

      12. 6.4.12 Sulzer Ltd

      13. 6.4.13 weforyou

      14. 6.4.14 Total Corbion PLA

      15. 6.4.15 Zhejiang Hisun Biomaterials Co. Ltd

    5. *List Not Exhaustive

    1. 7.1 Emerging Applications in Food Packaging

    2. 7.2 Growing Applications for 3D printed PLA

**Subject to Availability

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Frequently Asked Questions

The Bio-Polylactic Acid (PLA) Market market is studied from 2016 - 2026.

The Bio-Polylactic Acid (PLA) Market is growing at a CAGR of 14.96% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

  • NatureWorks LLC
  • Sulzer Ltd
  • Futerro
  • Zhejiang Hisun Biomaterials Co., Ltd
  • Total Corbion PLA

Are the major companies operating in Bio-Polylactic Acid (PLA) Market.

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