For polymer products, Life Cycle Assessment (LCA) is a defining step which helps in setting up the decarbonization and sustainability goals in a more quantitative way. LCA is a method to assess the potential environmental impact of products and processes throughout their entire life cycle which includes raw material acquisition, production, use, and end-of-life. I will be describing current market trends for flexible packaging materials for which alternatives such as bioplastics are being sought. I will present some key jargon used in the industry, and describe what lies ahead for bio-based and biodegradable polyesters (bioplastics) based on some key performance and sustainability parameters.