openPR Logo
Press release

Global Biodegradable Packaging Market

02-08-2019 11:56 AM CET | Industry, Real Estate & Construction

Press release from: Global Biodegradable Packaging Market

Global-Biodegradable-Packaging-Market

Global-Biodegradable-Packaging-Market

Global Biodegradable Packaging Market – Industry Analysis and Forecast (2018-2026) – by Material Type, Application, and Region.

Global Biodegradable Packaging Market was valued at US$ 6.67 Bn in 2017 and is expected to reach US$ 18.27 Bn by 2026, at a CAGR of 13.42% during a forecast period.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Biodegradable Packaging Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Biodegradable Packaging Market.

For More Information about Report Visit here https://www.maximizemarketresearch.com/market-report/global-biodegradable-packaging-market/24335/

Based on the material type, a paper segment is estimated to hold the largest share in the global biodegradable packaging market during the forecast period. Availability of recyclable paper and easy degradability in nature is driving the global biodegradable packaging market growth in a positive way. The plastic segment is expected to generate the highest CAGR in the global biodegradable packaging market owing to easy availability. On the basis of application, food packaging is projected to boost the global biodegradable packaging market growth owing to the increasing population, growing demand for packaged food, and growing affordability of middle-class population across the globe. Beverage packaging segment is estimated to generate the highest CAGR in the global biodegradable packaging market during the forecast period.

The rising popularity of biodegradable packaging products in a wide variety of industries, due to their low impact on the environment and rising demand for sustainable solutions. Global biodegradable packaging market growth is booming owing to the majority of the materials used in this packaging are natural, which enables native degradation without the need for an external compound, these solutions find huge application in food & beverage industry. Various industries and government bodies have taken initiatives to decrease wastage and utilize proper solutions to counter the environmental impact. Growing innovations are expected to boost the biodegradable packaging market growth during the forecast period. Increasing consciousness regarding the safety of environment among consumers across the globe is surging the biodegradable packaging market growth in a positive way.

Increasing demand for ethically-produced goods among consumers across globally is propelling the global biodegradable packaging market growth. Growing population across the globe is increasing the usage of plastic and paper for packaging among various end-use industries is expected to boost the global biodegradable packaging market growth in the forecast period. Growing food & beverage industries across the globe are also expected to drive the global biodegradable packaging market growth. Various governments’ bodies made strict regulations regarding waste management and safety of the environment is propelling the global biodegradable packaging market growth in a positive way. However, a high cost of biodegradable packaging products compared to traditional packaging products is acting as restraints to the global biodegradable packaging market in the forecast period.

In terms of region, North America is expected to hold the largest share in the global biodegradable packaging market owing to increased consciousness regarding health and environment safety among consumers. The Asia Pacific is also expected to hold the largest share in the global biodegradable packaging market. India and China are anticipated to propel the global biodegradable packaging market growth in the near future. In these countries, government agencies providing funds for promoting biodegradable products. With a heightening in the tendency of consumers towards the utilization of condition well-disposed products is one of the key drivers of the global biodegradable packaging market. In addition, huge investments in the R&D in order to develop innovative products, which could create an opportunity for the companies to gain benefit in the market is fuelling the biodegradable packaging market growth in a positive way. Various manufacturers are present in the market is also boosting the market growth in India and China.

The scope of the Report Biodegradable Packaging Market

Global Biodegradable Packaging Market, by Material Type

• Plastic
• Paper

Global Biodegradable Packaging Market, by Application

• Personal & Home Care
• Food Packaging
• Pharmaceutical Packaging
• Beverage Packaging
• Others

Global Biodegradable Packaging Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America

Key Players Operating in Global Biodegradable Packaging Market

• International Paper
• Biopac
• Natureworks LLC
• Stora Enso
• Clearwater Paper Corporation
• Novamont S.P.A
• Georgia-Pacific LLC
• Rocktenn
• Mondi Group
• Smurfit Kappa Group
• Kruger Inc.
• BASF SE.
• Tetra Pak International SA
• Plastic Suppliers Inc.
• Kruger Inc.
• Amcor Limited
• Bemis Company Inc.
• DS Smith PLC
• Klabin SA
• Rengo Co. Ltd

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

For More Information about Report Visit here https://www.maximizemarketresearch.com/market-report/global-biodegradable-packaging-market/24335/

Report Published by https://www.maximizemarketresearch.com MAXIMIZE MARKET RESEARCH

Omkar Heights,
Sinhagad Road,
Manik Baug, Vadgaon Bk,
Pune, Maharashtra 411051, India.
+91 96071 95908
sales@maximizemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Biodegradable Packaging Market here

News-ID: 1572401 • Views: 406

More Releases for CAGR

Catalase Market : Research Observes Strong CAGR Development
The "Global Catalase Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016 - 2024", report intends to offer a resourceful means to assess the Catalase Market and entails the all-inclusive analysis and upfront statistics with regards to the market. This new report is committed fulfilling the requirements of the clients by giving them thorough insights into the market. The Catalase Market report, titled Catalase Market, is expansive research
Citicoline Market | CAGR of 14.4%
The global Citicoline Market 2020 Report provides fine intelligence that helps market players to compete well against the tough competition on the basis of growth, sales and other various important factors. The research report lays stress on key growth opportunities and market trends apart from important market dynamics including market drivers and challenges. With the help of this report, involved parties can equip themselves to adapt along with the changes
Footwear Market : Research Observes Strong CAGR Development
The "Global Footwear Market Set for Rapid Growth, to Reach Around USD 320.44 Billion by 2023", report intends to offer a resourceful means to assess the Footwear Market and entails the all-inclusive analysis and upfront statistics with regards to the market. This new report is committed fulfilling the requirements of the clients by giving them thorough insights into the market. The Footwear Market report, titled Footwear Market, is expansive research
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Global Serious Games Market Show 19.2% CAGR
A new report added by Allied Market Research, forecast that the global serious games market was valued at $2,731 million in 2016, and is projected to reach $9,167 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023. The consumers segment is anticipated to grow at the highest rate during the forecast period. Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071910-global-bioinsecticides-market-growth-trends-forecast-for-the-period-2017-2022 Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020