GLOBAL BIOPLASTIC TOYS MARKET

INTRODUCTION

By transforming the sugar found in plants into plastic, bioplastics are created. In the United States, corn is the source of that sugar.

Other nations make use of potatoes, sugar beets, wheat, or sugar cane. Because of this, bioplastics are more environmentally friendly and renewable than regular plastics.

Bioplastics are a type of plastic that can be produced from natural materials like plant starches and oils. It is anticipated that the amount of petroleum used to produce plastic would have decreased by 15-20% due to the use of bioplastics, which are made from plants.

Plastics made from biological ingredients are known as bioplastics. Presently, 99% of the plastics market is composed of materials derived from petrochemicals.

However, as the globe looks for more environmentally friendly alternatives to plastics made from petrochemicals, manufacturing of bioplastics is rising. 

For instance, commercially available bioplastic cutlery can withstand landfills and the environment just as long as plastics made from petroleum.

In contrast, bioplastics that are intended to break down after a single usage would not hold up well in hot and sunny environments.

GLOBAL BIOPLASTIC TOYS MARKET SIZE AND FORECAST

The global bioplastic toys market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

 NEW PRODUCT LAUNCH

With the launch of the new Minerv Supertoys range of eco-sustainable, kid- and environment-friendly, natural, and 100% biodegradable biopolymer-based toys in Italy, Bio-on and ITALERI formally announced their partnership for the toys of the future.

After the test phase, the product enters the market and the supply chain for toys. In order to advance their collaboration with the Minerva Supertoys Program and take advantage of the findings of the last two years of research and development, Bio-on S.p.A. and ITALERI, Italy's top plastic model and toy manufacturer for more than 50 years, have decided to go directly to the toys market with PHAs-based applications (polyhydroxyalkanoates).

The objective is to implement an investment plan that will create and showcase PHAs bioplastic toys that are 100% biodegradable in water and soil and created completely from renewable organic resources that are not meant for human use.

COMPANY PROFILE

• TOTAL ENERGIES CORBION
•  MITSUBISHI CHEMICAL
• EASTMAN
•  FUTAMURA
•  NESTE
• NATUREWORKS

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many bioplastic toys are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global bioplastic toys and key vendor selection criteria
3. Where are the bioplastic toys manufactured? What is the average margin per unit?
4. Market share of Global bioplastic toys market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global bioplastic toys in-house
6. key predictions for next 5 years in Global bioplastic toys market
7. Average B-2-B bioplastic toys market price in all segments
8. Latest trends in bioplastic toys market, by every market segment
9. The market size (both volume and value) of the bioplastic toys market in 2023-2030 and every year in between?
10. Production breakup of bioplastic toys market, by suppliers and their OEM relationship