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Biodegradable Paper & Plastic Packaging Market Insights, Industry Size With Stora Enso, Kruger Inc., Berkley, BioBag Americas, BASF, Eco-Products, Mondi Group, Biopac UK Limited, International Paper, Novamont, Cedar Grove, Smurfit Kappa, Ranpak, RockTenn

Biodegradable Paper & Plastic Packaging

Biodegradable Paper & Plastic Packaging

Biodegradable paper & plastic packaging market report is an accurate biodegradable packaging industry study explaining what the global industry's market definition, classifications, applications, commitments and trends are. The Global biodegradable paper & plastic packaging Market Report contains all the company profiles of the major players and brands. This report not only provides an edge to compete, but also to outdo the competition. The report includes key maestro movements of leading market players, including acquisitions and mergers, new product launch, agreements, partnerships, collaborations and joint ventures, R&D, and key market participants expanding globally and regionally. Analysis of SWOT shows what market drivers and limitations are for the biodegradable paper & plastic packaging market.

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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

· Amcor

· Georgia-Pacific

· WestRock Company

· Mondi

· STORA ENSO

· Clearwater Paper Corporation

· Smurfit Kappa Group

· Kruger Inc.

· Novamont S.p.A.

· BASF SE

· Biopac India Corporation Ltd.

· NatureWorks LLC

· Ranpak

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.

Get TOC of Full Report: https://databridgemarketresearch.com/toc/?dbmr=global-biodegradable-paper-plastic-packaging-market


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


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



Market Restraint:

· Growing investments in recyclable packaging solutions

· Lack of supply of bio-plastics and related materials



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