|02-11-2019 03:09 PM CET - Energy & Environment||
Biodegradable Paper & Plastic Packaging Market Analysis with Top Industry Leaders: Stora Enso, Kruger Inc., BASF, Eco-Products, Mondi Group, Biopac UK Limited, Berkley, BioBag Americas, International Paper, Novamont, Cedar Grove, Smurfit Kappa, Ranpak
Press release from: Data Bridge Market Research
The biodegradable paper & plastic packaging report includes data on the consumer perspective, comprehensive analysis, statistics, market share, company performance (stocks), historical analysis from 2012 to 2017, volume forecast, revenue, YOY growth rate and CAGR by 2026. Value chain analysis helps analyze major raw materials upstream, major equipment, production processes, downstream customer analysis and major distribution analysis. The report also includes a detailed description, a competitive scenario, a wide range of key market players and business strategies adopted by competitors and their SWOT analysis. The report also provides Porter analysis, PESTEL analysis and biodegradable paper & plastic packaging market appeal to better understand the macro and micro market scenario. It also provides explicit information in recent years and years on mergers, acquisitions, joint ventures and all other important market activities.
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The Global Biodegradable Paper & Plastic Packaging 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. The key players operating in the Global Market are –
· International Paper
· WestRock Company
· STORA ENSO
· Clearwater Paper Corporation
· Smurfit Kappa Group
· Kruger Inc.
· Novamont S.p.A.
· BASF SE
· Biopac India Corporation Ltd.
· NatureWorks LLC
The other players in the market are Down2Earth Materials., PreScouter.,Green Packaging, BioBag Americas, Inc,Cedar Grove Composting, Inc.,Chamness Biodegradables, Eco-gecko Products Inc, Eco-Products, Inc, ECOWORLD, Ultra Green Sustainable Packaging, are among the others mentioned in the Global Biodegradable Paper & Plastic Packaging Market report.
In 2017, investment around USD 300 million to convert uncoated freesheet to high-quality whitetop linerboard and containerboard at the riverdale mill in selma, Alabama, and targeted to complete by mid – year of 2019, Addition of 450,000 tons of annual capacity, with the flexibility to shift between containerboard products is expected with this investment.
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 . Global biodegradable paper & plastic packaging Market have products that are gradually finding acceptance in a wide variety of industries, as it is eco-friendly and having a low impact on the environment. Food & beverage industry is the largest markets where biodegradable paper & plastic packaging is used. According to British Plastic Federation – plastic arising in the U.K. is 3.7 million tonnes out of which 32.0% is recycled and 70.0% is recovered.
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· Increasing government regulations
· High demand in packaging, automotive, and electrical & electronics sector
· Awareness about the harmful impact of plastics disposal on the environment
Segmentation: Global Biodegradable Paper & Plastic Packaging Market
By Packaging Type
· Personal & Home Care Packaging
· Food Packaging
· Beverage Packaging
· Pharmaceuticals Packaging
· North America
· South America
· Middle East & Africa
· Growing investments in recyclable packaging solutions
· Lack of supply of bio-plastics and related materials
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