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Biodegradable Paper & Plastic Packaging Market Future Forecast and Trend Analysis 2018 With Novamont, Clearwater Paper Corporation, BASF, International Paper, Georgia-Pacific LLC, WestRock Company, Mondi Group, NatureWorks, Stora Enso, Kruger Inc. , Smurf
Biodegradable Paper
Report is segmental into Manufactures, Types, Applications and Regions. Biodegradable Paper & Plastic Packaging market report additionally shares details of upstream raw materials, downstream demand, and production worth with some necessary issue that may result in market growth. completely different points coated during this report ar market summary, competitive analysis, competition by makers, new players, suppliers and vendors, regional output, sort and application, volume and shares, sales worth and products worth, sales revenue and margin of profit. a number of the distinguished trends that the market is witnessing embrace improved profitableness as a results of aim, introduction of maintenance-as-a-service model in industries, increasing demand in business and growth opportunities and investment opportunities.
The biodegradable paper & plastic packaging report includes market shares of market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa. The Biodegradable Paper & Plastic Packaging Market report contains data for historic years 2015 & 2016, the base year of Biodegradable Paper & Plastic Packaging Industry calculation is 2017 and the forecast period is 2018 to 2025. The Market is expected to reach USD 19.51 million by 2025, from USD 6.42 million in 2017 growing at a CAGR of 14.31% during the forecast period of 2018 to 2025.
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Industry is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in Biodegradable Paper & Plastic Packaging market. The key players operating in the global biodegradable paper & plastic packaging market are –
· International Paper.
· Georgia-Pacific.
· WestRock Company.
· Mondi
· STORA ENSO
· Clearwater Paper Corporation,
· Smurfit Kappa Group
· Kruger Inc.
· Novamont S.p.A.
· BASF SE
· NatureWorks LLC
· Down2Earth Materials.
· PreScouter.
· Green Packaging
Others: Biopac India Corporation Ltd.,BioBag Americas, Inc, Cedar Grove Composting, Inc.,Chamness Biodegradables, Eco-gecko Products Inc, Eco-Products, Inc, ECOWORLD, Ultra Green Sustainable Packaging, among others.
Food & beverage industry is the largest markets where biodegradable paper & plastic packaging is used. Increasing consumer awareness towards the environment and their shifting preference from the synthetic product is the main factor which is contributing to the demand for biodegradable paper & plastic packaging.
Market Drivers:
· Increasing government regulations
· High demand in packaging, automotive, and electrical & electronics sector
· Awareness about the harmful impact of plastics disposal on the environment
Market Restraint:
· Growing investments in recyclable packaging solutions
· Lack of supply of bio-plastics and related materials
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Segmentation: Global Biodegradable Paper & Plastic Packaging Market
By Packaging Type
· Plastic
· Paper
By Application
· Personal & Home Care Packaging
· Food Packaging
· Beverage Packaging
· Pharmaceuticals Packaging
· Others
By Geography
· North America
· Europe
· Asia-Pacific
· South America
· Middle East & Africa
Key Insights in the Report:
· Historical and current market size and projection up to 2025
· Market trends impacting the growth of the global biodegradable paper & plastic packaging market
· Analyze and forecast the biodegradable paper & plastic packaging market on the basis of packaging type and application
· Trends of key regional and country-level markets for packaging type and application
· Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
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