Bioplastic Textiles Market Size

Bioplastic Textiles Market size was worth USD 900 million in 2022 and is projected to exhibit over 3% CAGR (revenue) from 2023-2032. Increasing demand for biomaterials in textiles will accelerate industry growth.

Growing focus on reducing plastic usage to limit environmental degradation will fuel the demand for bioplastics in the textile sector. Bioplastic is an eco-friendly material that helps address the need to reduce plastic disposal. It is extensively used in clothing, medicine, and automobile manufacturing for the creation of textiles. Automotive manufacturers are among the key consumers of technical textiles which are used to make up over 85% of the car interior.

With technological advancements and an increasing focus on sustainability, textile businesses are switching to bioplastic materials to make superior products. a-Alginate bioplastic is mostly used in the textile sector to make water-resistant cloths. Increasing efforts on simplifying raw material production will positively influence the bioplastic textiles industry outlook.

High costs associated with the production of bioplastics may impede the market growth. Although bioplastic production is not energy-intensive and helps reduce oil consumption, the overall production costs of it are substantially high. Due to the high cost of production, the end product is expensive and therefore makes it challenging for small businesses with budgetary limitations to procure bioplastics. However, increasing demand for biomaterials to curb climate change, reduce dependence on fossil fuels, and prevent plastic waste accumulation will proliferate the use of bioplastics in textile applications.