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Biodegradable Loose Fill Packaging Market includes size, manufactures, latest trends, types, applications and regions

12-18-2020 07:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Biodegradable Loose Fill Packaging Market

Biodegradable Loose Fill Packaging Market

Loose fill packaging materials offer cost-effective protection to lightweight products against vibration or shock during handling or shipping. This packaging material is flexible and therefore, fills the empty spaces in the outer packaging. It is most widely used to fill the empty space around the fragile goods in the cardboard boxes, in order to ensure safe delivery of products during shipping.

Furthermore, biodegradable loose fill, also known as peanuts, is majorly used in the protection of valuable items such as electronic components, fragile consumer products, and glass items. This packaging material has the ability to dissipate static charge and therefore, is used in the packaging of microchips and electronic products that are susceptible to damage due to static electricity.

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Rising environmental concerns regarding plastic pollution is driving growth of the biodegradable loose fill packaging market. According to data provided by United Nations in 2015, plastic packaging waste accounted for 47% share in the global plastic waste generation. Rising awareness regarding these factors is fuelling demand for environment-friendly and sustainable packaging solution, which in turn will support growth of global biodegradable loose fill packaging market during the forecast period.

Detailed Segmentation:

Global Biodegradable Loose Fill Packaging Market, By Material:
Starch
Recycled Paper
Others

Global Biodegradable Loose Fill Packaging Market, By Application:
Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

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Major players operating in the global biodegradable loose fill packaging market include Nefab Group, Alsamex Products Ltd. Sealed Air Corporation, Storopack Inc., Green Light Packaging Ltd., Foam Fabricators Inc., Ferrari Packaging Ltd., Menai Foam & Board Ltd., and ACH Foam Technologies.

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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