Packaging is indigenous to all industries, be it industrial, electronics or consumer goods. Various materials are used for packaging depending on end application requirements; one of the widely used materials for packaging are polymers (mainly plastics).
Polymer-based packaging finds high adoption potential in the food & beverage (F&B), FMCG, and personal care industries. Apart from its obvious use, it also acts as a barrier to moisture and oxygen, and is resistant to alkali and acids. This makes it a key material of choice for various applications.
Sustainable materials, especially those of bio-based origin are being considered as viable alternatives for synthetic polymers in packaging. Apart from the ability to address the perceived health issues, these materials are obtained from renewable sources that are mostly biodegradable in nature, thereby, reducing the potential ill-effects to the environment.
The scope of this Frost Radar™ is limited to bio-based, biodegradable materials used for packaging applications, especially those derived from renewable biomass such as corn, sugarcane, or cellulose amongst others. With more than 30 companies around the world developing the technology and driving its applications, Frost & Sullivan independently plotted the top 18 companies in this Frost Radar™ analysis to analyse the Growth Index and Innovation Index of the companies.
Strategic Imperative
Strategic Imperative
Introduction to Sustainable materials
Growth Environment
The Growth Environment (continued)
Frost Radar™: Materials for Sustainable Packaging
Frost Radar™
Frost Radar™
NAFIGATE Corporation, Czechia
Carbiolice, France
NatureWorks LLC, US
AGRANA Beteiligungs-AG, Germany
BIOTEC GmbH & Co. KG, Germany
Danimer Scientific, US
FKuR Kunststoff GmbH, Germany
Futerro, Belgium
Plantic Technologies Limited, Australia
Plasticos Compuestos SA, Spain
PolyFerm Canada, Canada
PTT MCC Biochem Co., Ltd., Thailand
RWDC Industries, US
Shenzhen Ecomann Biotechnology Co., Ltd., China
SMScor, Thailand
Total Corbion PLA, Thailand
United Biopolymers, S.A., Portugal
Yield10 Bioscience Inc., US
Strategic Insights
Significance of Being on the Frost Radar™
Frost Radar™ Empowers the CEO’s Growth Team
Frost Radar™ Empowers Investors
Frost Radar™ Empowers Customers
Frost Radar™ Empowers the Board of Directors
Frost Radar™: Benchmarking Future Growth Potential
Frost Radar™: Benchmarking Future Growth Potential
Frost Radar™: Benchmarking Future Growth Potential
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Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
- Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. - Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. - Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. - Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? - Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
- INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. - RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. - PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. - MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. - CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
- GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. - BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. - COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. - CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. - PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
Speak directly with our analytics experts for tailored recommendations.
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Frost Radar |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Piyush Bhade |
| Industries | Chemicals and Materials |
| WIP Number | D9BF-01-00-00-00 |
| Is Prebook | No |
Frost Radar™: Materials for Sustainable Packaging, 2020
A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines
27-Oct-2020
Global
Frost Radar
