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Recent research: Biodegradable Packing Peanuts Market detailed analytical overview by 2027

02-19-2019 08:51 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Recent research: Biodegradable Packing Peanuts Market

Global Biodegradable Packing Peanuts Market: Introduction

Biodegradable packing peanuts are types of loose fill packaging peanuts which are used as a protective packaging solution. Keeping in mind the harmful effects of loose fill packaging peanuts, manufacturers are now comes up with biodegradable packing peanuts. It is an environment friendly alternate solution to loose fill packaging peanuts. Traditional loose fill packaging peanuts are quite difficult to decompose, whereas biodegradable packing peanuts are made up of natural non-toxic products such as cornstarch or wheat.

They can be dissolved in water and can be thrown in compost after use. This biodegradable packing peanuts are useful for cushioning products during shipping and can protect fragile shipments. This can be filled in the boxes all around to protect the product kept inside it. It serves various industries including shipping, electrical & electronic, art & kraft, medical, automobile and others. Also, biodegradable packing peanuts are starch based products, they can be edible. The outlook for the global biodegradable packing peanuts market is anticipated to be positive due to growing shipping and use of fragile products.

Global Biodegradable Packing Peanuts Market: Dynamics

Being biodegradable, the packing peanuts are also non-toxic are safe for pets and human beings if swallowed by accident. These packing peanuts are starch based, not petroleum based. This factor keep an edge over loose fill packaging peanuts which is non-biodegradable. This is expected to drive the global biodegradable packing peanuts market growth over the forecast period. Also, unlike loose fill packaging peanuts, biodegradable packing peanuts do not have static charge, so they will not stick to clothes. This factor is expected to drive the global market over the next decade. Shipping of fragile products needs complete protection from shock, biodegradable packing peanuts act as protective solution. This factor is anticipated to boost the market over the forecast period.

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They can be reused, and can also be thrown in fields. Despite of these advantages, it has some disadvantages which might hamper the global biodegradable packing peanuts market growth over the forecast period. Biodegradable packing peanuts have higher weight than traditional packing peanuts, this in turn increases the shipping cost. As biodegradable packing peanuts are starch based product, and so it can be edible. Hence they can attracts rodents and bugs. Its production also costs higher than polystyrene based packing peanuts, and in such challenging economy, consumers often choose reduced costs over eco-friendly, more expensive alternatives. These factors are expected to hamper the global biodegradable packing peanuts market over the forecast period.

Global Biodegradable Packing Peanuts Market: Segmentation

The global biodegradable packing peanuts market has been segmented as:

On the basis of starch used, the global biodegradable packing peanuts market has been segmented as: Wheat Starch,Corn Starch,Others

On the basis of end use industry, the global biodegradable packing peanuts market has been segmented as: Electrical & Electronic,Shipping,Art & Kraft,Medical,Automobile,Others

Global Biodegradable Packing Peanuts Market: Key Players

Few of the key players operating in the global biodegradable packing market are – Foam Fabricators Inc., Storopack Hans Reichenecker GmbH, Heritage Pioneer Corporate Group, Void Fill Packaging, ACH Foam Technologies, Puffy Stuff Inc., FP International, and among others.

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Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

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