Press release
Global Biodegradable Packaging Market : Industry Analysis and Opportunity Assessment 2025
The biodegradable packaging industry is gaining significant traction across several end-use industries due to their low carbon footprint. Majority of the materials that are used in this type of packaging are natural, which enables automatic degradation without the use of a catalyst, due to which they find huge application in the food and beverages industry.Request To Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10220971
According to Kenneth Research more than a million plastic bottles are purchased in less a minute across the globe and the number is slated to cross the 1 trillion mark by the end of 2022 and less than 50% of the bottles are used for recycling. Asia Pacific is the leading consumer for plastic bottles, therefore contributing more to the plastic pollution issue. The high demand for plastic bottles in the region is majorly due to the high consumption of bottled water and influence of the western culture for the on-to-go food and beverage products. Further, the high demand plastic bottles can also be attributed to the rising consumption of soft drinks.
Read More:- https://www.kennethresearch.com/report-details/biodegradable-packaging-market/10220971
Some of the key players operating in the field of bio degradable packaging include BASF S.E., Smurfit Kappa Group, Mondi Plc, Stora Enso OYJ, Amcor Group, Novamont S.p.A. and Reynolds Group Holdings Ltd.
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Name: David
Email : Sales@kennethresearch.com
Phone: +1 313 462 0609
About Kenneth Research:-
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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