openPR Logo
Press release

Green Packaging Market Size to Expand at the 6.20% CAGR during the Forecast Period 2021

09-28-2017 02:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR - Research Reports

Green Packaging Market Size to Expand at the 6.20% CAGR during

Across the globe, the increasing environmental awareness among consumers is one of the major factors driving the global market for green packaging. Green packaging made out of natural materials such as paper and straw is free of leaching issues if used for the packaging of liquid foods. On the contrary, plastic packaging when used for the packaging of liquid foods, could release toxins into the food due to a reaction with the packaged content. This food can have serious health implications depending on the quality of the plastic packaging.

Other than this, concern for the environment, which is the subject of discussion in various big and small industries, has prompted enterprises to ‘go green’ in every way at all possible levels of human activity.

View and Download TOC of Green Packaging Market Research Report@ https://www.transparencymarketresearch.com/report-toc/711

Depleting natural resources have necessitated the utilization of alternatives; green packaging holds significant importance therein. Easy availability of raw materials for green packaging and the recyclable characteristics of these materials have proven to be a highly sustainable packaging option. Government support in this regard for the availability of raw materials for green packaging has been fruitful for the development of this market.

However, the green packaging market is subject to several detrimental factors. The increasing production cost of green packaging, which results in lower profit margins for entities in the value chain, is slowing the market’s growth. Nevertheless, several governments across the world are taking initiatives to address this issue, which is expected to turn into profitable payoffs for market entities.

The report segments the global green packaging market on the basis of application, packaging type, and geography. Reusable packaging, degradable packaging, and recycled content packaging are the segments of the market based on product type.

Personal care products, healthcare products, food and beverages, and others are the segments that divide the global market on the basis of application. Amongst these, packaging for food and beverages is ahead of all other application segments and will register a CAGR of 6.4% for the 2015-2021 period. With increasing consumer awareness for eco-friendly packaging, product manufacturers are focused on developing improved green packaging solutions.

Request and Download Sample Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=711

Transparency Market Research’s new market study on the global green packaging market discusses the vital aspects of this market. The report is titled, “Green Packaging Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021”. According to the report, the global green packaging market will be valued at US$203.1 bn by 2021, exhibiting a CAGR of 6.20% between 2015 and 2021. The market had a valuation of US$132.4 bn in 2014.

Currently, the U.S. is the largest market for green packaging due to the easy availability of eco-friendly packaging products and government initiatives for the same being deployed on a large scale. China and India are expected to emerge as significant markets for green packaging due to the increasing cognizance of environmental deterioration.

Buy Full Green Packaging Market Report@ https://www.transparencymarketresearch.com/checkout.php?rep_id=711<ype=S

About TMR

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Green Packaging Market Size to Expand at the 6.20% CAGR during the Forecast Period 2021 here

News-ID: 746397 • Views: 87

More Releases from TMR - Research Reports

Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment

All 5 Releases


More Releases for Green

COMPANY GAINS GREEN GLORY
BIZERBA UK have won the BRONZE Environment Award in the national campaign to find the greenest individuals, companies, councils and communities. They competed against more than 800 other nominations in the Green Apple Awards for Environmental Best Practice with their project, ENERGY EFFICIENT CUTTING. They were presented with their trophy and certificate at a glittering presentation ceremony hosted by Liz Kendall MP at the Houses of Parliament on November 12th, 2018. As
GREEN BEAUTY FARMS
Have you ever looked out at the streets and thought you deserve a better place to be? Do you own an SUV and a sedan and still have a landlord? Have ever realized that your surroundings affect your mental state the most. Have you ever even thought that the noise, irritating neighbors and pollution is the actual cause of your anxiety? Are you fed up of spending lots of money
Green energy
Green energy is the electricity derived from smooth assets generating minimum pollution and consists of sun photovoltaic, hydropower, wind electricity, bio-fuels and geothermal. expanded investments in era studies and improvement, supportive regulatory frameworks, extended consciousness and electricity security troubles and environmental concerns amongst others are fueling the boom in call for for clean and inexperienced energy. The report on the Global Smart Cards Automated Fare Collection System Market is a thorough
A green hotel on a green island
Mitsubishi Electric Hydronics & IT Cooling Systems, through its brand Climaveneta, has recently supplied HVAC units to the new luxury hotel now under construction at Benitses Beach in Corfu, also known as the “Green Island” for its thick vegetation. The complex includes a 5-star hotel, 40 bungalows and furnished villas, with a total capacity of 893 beds. It is the first large hotel in Greece, designed to avoid the use
Green Logistics
Logistics has become an indispensable component of today’s global economy. On Thursday, December 11, join experts at the German Center for Research and Innovation (GCRI) in New York for a discussion on the future of sustainable logistics. NEW YORK (December 8, 2014) – Global supply chains and distribution networks are a key performance factor for many companies as they attempt to coordinate activities in a way that meets customer requirements at
100% Green Spray Adhesive
Using current technology both in adhesive compounding and aerosol packaging, Adhesives Solutions, Inc. has developed a true “GREEN” aerosol spray adhesive. The only one of its’ kind on the market today. Introducing V&S 1226 Water Based Foam & Fabric Spray Adhesive, this spray produces bonds with foam tearing strength. It is specially formulated for bonding flexible foams to themselves or other materials such as: wood, metal, paper, fabrics, corrugated, etc.