Biopolymer Packaging Market 2022 Precise Outlook - Mondi Group, Taghleef Industries Inc., Clondalkin Group Holdings BV, Sonoco Products Company

The Biopolymer Packaging Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The biopolymer packaging market is expected to grow at a CAGR of 12.6% over the forecast period (2021 - 2026).

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Top Leading Companies of Biopolymer Packaging Market are Mondi Group, Taghleef Industries Inc., Clondalkin Group Holdings BV, Sonoco Products Company, Berry Plastics Group Inc., Constantia Flexibles Group GmbH, Sealed Air Corporation, Tetra Pak International SA, United Biopolymers SA, Amcor PLC and others.

Industry News and Updates

June 2019: Amcor launched AmLite Ultra Recyclable, its first packaging product made from the company's revolutionary, more sustainable high-barrier polyolefin film, which the company announced last year. The new high-barrier laminate can package a range of food, home, and personal care, and pharmaceutical products, and be recycled in existing polyolefin recycling streams.

Key Market Trends

Asia-Pacific is expected to Register the Fastest Growth Rate during the Forecast Period

- The Asia-Pacific region is considered to be one largest consumer and producer of biopolymers globally. The growing concerns regarding food wastage, due to the expiry of the products, has enabled the companies in the region to opt for innovative solutions. Moreover, the government regulations regarding food wastage have also contributed to the adoption of sustainable packaging solutions, which, in turn, is estimated to boost the market for biopolymer packaging.

- With Chinese consumers inclined toward products containing fish, meat, and vegetables, which are mainly retort-packed to keep them shelf-stable, the readymade meals have gained increased popularity among the consumers in China. The increasing trend of online purchasing has further buoyed them

- Owing to the rising environmental regulations and multiple government programs to increase awareness, customers are gradually switching towards bio-based plastics. Also, the increasing number of bans on conventional plastics are acting as one of the primary drivers of the growth of the market.

Regional Outlook of Biopolymer Packaging Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Biopolymer Packaging Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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