Starch Based Plastic in India Trends and Forecast
The future of the starch based plastic market in India looks promising with opportunities in the automotive and transportation, agriculture, packaging, and consumer good markets. The global starch based plastic market is expected to reach an estimated $2.5 billion by 2031 with a CAGR of 8.7% from 2025 to 2031. The starch based plastic market in India is also forecasted to witness strong growth over the forecast period. The major drivers for this market are the growing use of these plastics in food packaging and the rising strict environmental guidelines concerning conventional plastic materials.
• Lucintel forecasts that, within the type category, thermoplastic starch will remain the larger segment over the forecast period due to its extensive utilized in the production of films, bags, formed protective packaging, loose-fill, antistatic, and disposable dishes and plates.
• Within the end use category, packaging will remain the largest segment due to rising consumer inclinations toward eco-friendly packaging.
Emerging Trends in the Starch Based Plastic Market in India
The starch based plastic market in India is experiencing rapid growth, driven by a combination of government support, increasing environmental awareness, and technological advancements in the production of biodegradable materials. As concerns about plastic pollution rise, there is a growing demand for renewable and eco-friendly alternatives to traditional petroleum-based plastics. Starch-based plastics, derived from renewable resources like corn, potatoes, and tapioca, offer biodegradable and compostable options for various industries. India’s strong agricultural sector provides a reliable source of raw materials, positioning starch-based plastics as a sustainable solution to plastic waste problems.
• Increase in Government Support and Regulations: The Indian government is increasingly implementing policies that encourage the use of biodegradable materials, such as starch-based plastics, in place of single-use plastics. These regulations, including bans on plastic bags and incentives for eco-friendly alternatives, are fostering a favorable market environment. As businesses align with these policies, the demand for starch-based plastics is expected to grow significantly.
• Technological Innovations in Production: Technological advancements in the production of starch-based plastics are enhancing material properties, making them more durable, versatile, and cost-effective. Innovations in blending, processing techniques, and the development of new additives are improving the performance of these plastics, allowing them to compete with traditional plastic materials in a broader range of applications.
• Rising Consumer Demand for Eco-Friendly Alternatives: Consumer demand for sustainable and biodegradable products is rising in India, driven by growing awareness of the environmental impact of plastic pollution. As eco-conscious consumers push for greener alternatives, the adoption of starch-based plastics is gaining momentum, particularly in packaging, consumer goods, and food industries.
• Adoption in the Packaging Industry: The packaging industry in India is rapidly adopting starch-based plastics as part of the shift toward more sustainable solutions. Starch-based plastics offer an eco-friendly alternative to traditional plastic packaging, especially in the food and beverage sector, where biodegradable materials are in high demand. This growing use of starch-based plastics in packaging is a key trend reshaping the market.
• Expansion in Agricultural Applications: The agricultural industry in India is increasingly turning to starch-based plastics for products like mulch films, plant pots, and biodegradable trays. These materials offer an environmentally responsible alternative to conventional plastic products, reducing plastic waste in agriculture. As sustainable agricultural practices gain traction, starch-based plastics are becoming a popular choice for the sector.
Emerging trends such as government support, technological innovations, rising consumer demand, adoption in packaging, and expansion in agricultural applications are reshaping the starch based plastic market in India. These trends are driving the market’s growth, establishing starch-based plastics as a key component of India’s efforts to reduce plastic waste and promote sustainability across industries.
Recent Developments in the Starch Based Plastic Market in India
Recent developments in India’s starch based plastic market highlight the increasing focus on sustainability and eco-friendly materials. The market is evolving due to technological advancements, supportive government policies, and shifting consumer preferences toward greener alternatives. These developments are driving the adoption of starch-based plastics in a variety of applications, particularly in packaging and agriculture.
• Government Bans on Single-Use Plastics: The Indian government’s move to ban single-use plastics has spurred demand for biodegradable alternatives like starch-based plastics. With increased restrictions on plastic use, industries are turning to starch-based plastics for packaging, food containers, and disposable items. These regulations are accelerating market growth by encouraging the adoption of eco-friendly materials.
• Technological Advancements in Material Production: Advances in starch-based plastic production technologies have improved material performance and reduced production costs. Innovations in processing methods, such as the use of biopolymer additives and biodegradable plasticizers, are increasing the strength, flexibility, and water resistance of starch-based plastics. These improvements are expanding the material’s applications and market competitiveness.
• Partnerships for Research and Development: Indian manufacturers and research institutions are increasingly collaborating to develop new starch-based plastic formulations and improve production processes. These partnerships are focused on enhancing biodegradability, cost-efficiency, and material properties, driving the growth of starch-based plastics in India. Such R&D efforts are crucial for boosting the adoption of these sustainable alternatives.
• Growth of Biodegradable Packaging Market: As demand for sustainable packaging increases, the adoption of starch-based plastics in the packaging industry is rising. Food and beverage brands in India are adopting biodegradable packaging materials made from starch-based plastics to meet consumer demand for eco-friendly products. This trend is contributing to the rapid expansion of the market.
• Use of Starch-Based Plastics in Agriculture: Starch-based plastics are being increasingly used in agriculture, with applications such as biodegradable mulch films and plant pots. These products help reduce plastic waste in farming, aligning with India’s push for more sustainable agricultural practices. The growing popularity of these products is contributing to the market’s expansion in the agricultural sector.
Recent developments, such as government bans on single-use plastics, technological advancements in production, partnerships for R&D, growth in biodegradable packaging, and the use of starch-based plastics in agriculture, are driving the growth of the starch based plastic market in India. These developments are enhancing the market’s potential and making starch-based plastics a more attractive option for sustainable materials.
Strategic Growth Opportunities for Starch Based Plastic Market in India
India’s starch based plastic market presents several growth opportunities, especially in key applications such as packaging, agriculture, and consumer goods. As the country focuses on sustainability and the reduction of plastic waste, these applications offer significant potential for market expansion.
• Packaging Industry: The shift towards sustainable packaging solutions presents a major growth opportunity for starch-based plastics in India. With increasing regulations on plastic waste and growing consumer demand for eco-friendly packaging, starch-based plastics provide a biodegradable alternative to conventional plastics. This opportunity is particularly significant in the food and beverage sector, where demand for green packaging is rising.
• Agricultural Applications: The agricultural sector in India is adopting starch-based plastics for biodegradable mulch films, plant pots, and other farming products. These materials reduce plastic waste in agriculture and support sustainable farming practices. With the growing emphasis on sustainability in agriculture, starch-based plastics offer a significant growth opportunity in this sector.
• Consumer Goods: As consumers demand more sustainable products, the consumer goods sector presents a growing market for starch-based plastics. These plastics are being used in disposable items such as cutlery, plates, and packaging. This market opportunity is driven by consumer preferences for eco-friendly alternatives and the push for more sustainable manufacturing practices.
• Medical and Pharmaceutical Packaging: The medical and pharmaceutical industries in India are increasingly looking for sustainable alternatives to conventional plastic packaging. Starch-based plastics offer an eco-friendly solution for packaging medical devices, pharmaceuticals, and consumables. This growth opportunity is expected to increase as the healthcare sector adopts more sustainable practices.
• Textiles and Apparel: The textile industry is exploring the use of starch-based plastics in creating biodegradable fabrics. With the rise of sustainable fashion, starch-based plastics are being integrated into clothing and accessories, providing an eco-friendly solution for the fashion industry. This growing trend presents a unique opportunity for starch-based plastics to expand into the textile sector.
Strategic growth opportunities in packaging, agriculture, consumer goods, medical packaging, and textiles are reshaping the starch based plastic market in India. These applications are driving the demand for starch-based plastics, positioning them as a key solution in the move toward more sustainable materials across various industries in India.
Starch Based Plastic Market in India Driver and Challenges
The starch based plastic market in India is influenced by various technological, economic, and regulatory factors. While advancements in production, government support, and consumer demand for sustainability are driving growth, challenges such as high production costs, limited recycling infrastructure, and market acceptance continue to affect its potential.
The factors responsible for driving the starch based plastic market in India include:
• Government Support and Regulations: The Indian government’s policies, such as the ban on single-use plastics and incentives for biodegradable alternatives, are encouraging the adoption of starch-based plastics. These policies are creating a favorable environment for the growth of sustainable materials, including starch-based plastics.
• Technological Advancements in Production: Innovations in the production of starch-based plastics, such as improvements in processing techniques and the development of biopolymer additives, are driving the material’s performance. These advancements make starch-based plastics more durable, cost-effective, and suitable for a wide range of applications, expanding their market potential.
• Consumer Demand for Eco-Friendly Products: Growing environmental awareness is pushing Indian consumers to seek eco-friendly alternatives to traditional plastics. As consumer preference shifts toward biodegradable products, the demand for starch-based plastics is expected to rise, particularly in packaging, consumer goods, and agricultural applications.
• Environmental Concerns and Plastic Waste: India faces significant challenges related to plastic waste, driving demand for biodegradable plastics like starch-based plastics. As plastic pollution becomes a major issue, the adoption of sustainable alternatives is seen as a critical solution to reduce waste and protect the environment.
• Availability of Raw Materials: India’s agricultural sector provides an abundant supply of starch-based raw materials, such as corn, potatoes, and tapioca. This makes it easier for manufacturers to produce starch-based plastics at a competitive cost, providing a sustainable and locally sourced alternative to traditional plastics.
The Challenges in the starch based plastic market in India are:
• High Production Costs: The production of starch-based plastics remains more expensive than conventional plastics due to the cost of raw materials and specialized manufacturing processes. These high costs can limit their widespread adoption, particularly in price-sensitive industries.
• Limited Recycling Infrastructure: While starch-based plastics are biodegradable, India lacks the necessary infrastructure for composting and recycling these materials. This limits the environmental benefits of starch-based plastics and hinders their growth potential.
• Market Acceptance and Performance Concerns: There is still limited market acceptance of starch-based plastics in some industries due to concerns over performance and cost. Overcoming these concerns requires further education, innovation, and proof of the material’s reliability and cost-effectiveness in various applications.
The starch based plastic market in India is driven by government support, technological advancements, rising consumer demand, environmental concerns, and the availability of raw materials. However, challenges such as high production costs, limited recycling infrastructure, and market acceptance need to be addressed. Overcoming these challenges will enable starch-based plastics to play a key role in India’s transition to more sustainable materials across various industries.
List of Starch Based Plastic Market in India Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies, starch based plastic companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the starch based plastic companies profiled in this report include:
• Company 1
• Company 2
• Company 3
• Company 4
• Company 5
• Company 6
• Company 7
• Company 8
• Company 9
• Company 10
Starch Based Plastic Market in India by Segment
The study includes a forecast for the starch based plastic market in India by type and end use.
Starch Based Plastic Market in India by Type [Analysis by Value from 2019 to 2031]:
• Thermoplastic Starch
• Starch Polymer Blend
Starch Based Plastic Market in India by End Use [Analysis by Value from 2019 to 2031]:
• Automotive and Transportation
• Agriculture
• Packaging
• Consumer Goods
• Others
Features of the Starch Based Plastic Market in India
Market Size Estimates: Starch based plastic in India market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends and forecasts by various segments.
Segmentation Analysis: Starch based plastic in India market size by type and end use in terms of value ($B).
Growth Opportunities: Analysis of growth opportunities in different type and end use for the starch based plastic in India.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the starch based plastic in India.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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FAQ
Q1. What are the major drivers influencing the growth of the starch based plastic market in India?
Answer: The major drivers for this market are the growing use of these plastics in food packaging and the rising strict environmental guidelines concerning conventional plastic materials.
Q2. What are the major segments for starch based plastic market in India?
Answer: The future of the starch based plastic market in India looks promising with opportunities in the automotive and transportation, agriculture, packaging, and consumer good markets.
Q3. Which starch based plastic market segment in India will be the largest in future?
Answer: Lucintel forecasts that thermoplastic starch will remain the larger segment over the forecast period due to its extensive utilized in the production of films, bags, formed protective packaging, loose-fill, antistatic, and disposable dishes and plates.
Q4. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 10 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the starch based plastic market in India by type (thermoplastic starch and starch polymer blend), and end use (automotive and transportation, agriculture, packaging, consumer goods, and others)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.4. What are the business risks and competitive threats in this market?
Q.5. What are the emerging trends in this market and the reasons behind them?
Q.6. What are some of the changing demands of customers in the market?
Q.7. What are the new developments in the market? Which companies are leading these developments?
Q.8. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.9. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.10. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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