Bioplastic Textiles Market Analysis

Bioplastic textiles market share from the corn starch source segment is projected to surpass USD 480 million by 2032. Bioplastic materials sourced from corn starch have emerged as a sustainable alternative to conventional plastics. Corn is produced in large amounts across the world and is therefore easily available. Using them as a source to make bioplastic can help with getting rid of the excess biomass which can be easily broken down. Corn plastic requires 65% less energy than traditional petroleum-based plastics. It also emits 68% fewer greenhouse gases, degrades faster, and doesn’t emit toxic fumes when incinerated.

Bioplastic textiles market share from the bio-polyester (Bio-PES) material segment is estimated to reach over USD 605 million by 2032. Bio-polyesters (Bio-PES) including polyglycolic acid (PGA), polylactic acid (PLA), and polyhydroxy butyrate (PHB) are derived from renewable resources such as natural fats and oils. Polylactic acid (PLA) has emerged as a promising biodegradable fiber to replace conventionally used polyethylene terephthalate (PET) polyester fibers in the manufacturing of textiles. PLA yarns are widely used in apparel and home textiles allowing companies to adopt a sustainable approach.

Bioplastic textiles market share from the clothing end-user segment is anticipated to expand at over 3.5% CAGR between 2023-2032. Clothing made from bioplastics offers multiple advantages such as the ability to integrate performance-based features. They also provide environmental benefits such as biodegradability and recyclability. Increasing R&D in athlete clothing and sportswear will complement the segment growth. Furthermore, the advent of sustainable fashion trends and biomaterials will drive greater demand for bioplastic textiles.

Europe bioplastic textiles market is slated to go beyond USD 415 million by 2032. Ongoing restructuring and modernization of the textile sector will complement the industry expansion in Europe. The region is one leading producers of textile & apparel (T&A) across the globe. Countries such as Italy, Germany, France, Spain, and Portugal are among the largest textile producers in Europe. The presence of large textile companies and increasing efforts towards sustainability will generate lucrative application scope for bioplastic textiles across these countries.