Press release
Compostable Packaging Materials Market Global Industry Analysis, size, share and Forecast 2016 - 2024
Compostable Packaging Materials Market – Segmentation:
On the basis of materials, compostable packaging materials market is segmented into,
Starch-based packing
Compostable Plastics
compostable paper
Based on application, the key segments include,
Boxes
Bags
Others
Key end-user segments are,
Food & Beverage
Household
Agriculture
Pharmaceuticals
Others (Healthcare and electronics)
Request Report Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=14471
Compostable Packaging Materials Market – Regional Outlook:
Geographically, the compostable packaging materials market can be segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and Middle East & Africa (MEA). North America will continue to be the leading market for compostable packaging materials in terms of volume. However, Asia Pacific region is projected to be the fastest growing region, followed by Europe. Expansion and shipment of band sealing machines is expected to rise in the Asia Pacific region. Large scale foreign investment is also expected to rise in the region, and is anticipated to fuel the demand of compostable packaging materials over the forecast period. As the retail sector expands in developing countries such as BRICS, the market for band sealing machines is expected to advance significantly over the forecast period of 2016 - 2024.
Compostable Packaging Materials Market – Market Dynamics:
Compostable packaging refers to use of bioplastics in packaging materials. The global compostable packaging market is expected to witness a strong growth owing to the increasing consumer awareness about environmentally-friendly products. Other growth drivers for the compostable packaging market include increased focus on sustainable packaging by brand owners and retail companies, global rise in implementation of plastic bag bans, etc. Moreover, significant demand from food and beverage industry for compostable bags is also anticipated to boost demand for compostable packaging during the forecast period. However, compostable packaging materials has higher costs than traditional packaging materials, consequently compostable packaging materials is not getting wide acceptance, especially among the small and medium enterprises. However, increasing application in household and agriculture is expected to create significant opportunity to increase the revenue of the global compostable packaging materials market.
Visit For TOC@ https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=14471
Compostable Packaging Materials Market – Major Players:
There are a limited number of companies operating in the global compostable packaging market. Some of the major players identified across the globe in the compostable packaging materials market are Novamont SpA, tipa-corp ltd., BASF SE, Innovia Films Limited, Biome Bioplastics Limited, and NatureWorks LLC.
About Us – Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others.
Contact Us:
Transparency Market Research
State Tower,
90 State Street, Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
Website: https://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 Compostable Packaging Materials Market Global Industry Analysis, size, share and Forecast 2016 - 2024 here
News-ID: 765973 • Views: …
More Releases from Transparency Market Research - Food and Beverages
New Trends of Insect Protein Powders Market to Receive Overwhelming Hike In Reve …
The latest research report examines the landscape of the global insect protein powders market throughout the base years as well as the forecast years of 2021 to 2031. It evaluates the companies and stakeholders in the global insect protein powders market in order to gather precise understanding pertaining to the recent industry trends as well as developments.
The professional research study highlights several distinct factors and trends that may act…
High Protein Yogurt Market Key Trends and Competitive Development Analysis by 20 …
Albany, NY - High Protein Yogurt Market: Overview
High protein yogurt has hit the yogurt market to meet the various nutritional requirements and sensory characteristics for consumers. Yogurt is general is a repository of probiotics that is immensely useful in gut microbiome. Growing trend of flavored yogurt is a key trend boosting the market. The advent of array of products has expanded the avenue in dairy aisle. Greek yogurt gathered steam…
Fish Feed Market Key Trends and Competitive Landscape by 2030
Albany, NY - Fish Feed Market: Overview
The fish feed market is predicted to chart an impressive growth curve over the forecast period from 2020 to 2030. Growth of the fish feed market is influenced by factors such as population growth, rapid urbanization, and rising income to serve the ever-increasing demand of fish for food.
Fish is a staple food for a large number of communities worldwide. However, limitations of wild catch…
Fructose Market Drivers & Restraints and Regional Outlook by 2027
Albany, NY - Global Fructose Market: Overview
The global fructose market is expected to witness a stellar growth during the forecast period. Increasing trend of demand for fructose worldwide is likely to push the growth in the global fructose market. Food and beverages industry uses refined fructose derived from corn syrup in their products, while fructose is naturally present in fruits and vegetables.
An upcoming Transparency Market Research provides minute details on…
More Releases for Compostable
How Compostable PLA Straws Help the Environment
Compostable PLA straw [https://www.naturecutlery.com/qh-st-5-5-x-200-mm-biodegradable-pla-drinking-straw-in-bulk-package-2-product/]s are emerging as one of the key solutions to the global plastic crisis. Made from renewable materials like corn starch, these straws are an eco-friendly alternative to traditional plastic straws. Here's a closer look at how compostable PLA straws can have a positive impact on the environment and why they're a smart choice for businesses focused on sustainability.
1. Reduce Plastic Waste Accumulation
Traditional plastic straws are single-use…
Compostable Plastic Market Stunning at 12.3% CAGR
A new business intelligence report released by USD Analytics with the title "Global Compostable Plastic Market Report 2030 " has abilities to rise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Compostable Plastic Market Report offers energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research is derived…
The Environmental Impact of Compostable Plastics
Allied Market Research published a report, titled, "Compostable Plastic Market by Type (Home Compostable Plastic [BioPBS FD92, BWC BF 90A, Ecopond Flex 162], and others), and by Application (Compostable cutlery, Compostable bag, Compostable straw, Compostable gloves, Compostable cup (cold cup), Compostable tray/dish): Opportunity Analysis and Industry Forecast, 2020-2027." According to the report, the global compostable plastic industry generated $991.2 million in 2019, and is expected to reach $3.10 billion by…
Compostable Straws Market | Aardvark, Bambuhome, Biopak, Bygreen
The global compostable straws market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the compostable straws market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth of the…
North America Compostable Foodservice Packaging Market
The compostable foodservice packaging market in North America was valued at US$ 4,051.36 million in 2019 and is projected to reach US$ 6,139.42 million by 2027; it is expected to grow at a CAGR of 5.5% from 2020 to 2027.
According to The Business Market Insights North America Compostable Foodservice Packaging Market report 2027, discusses various factors driving or restraining the market, which will help the future market to grow…
Modwrap revolutionizes Clothing Industry with Compostable Packaging
Modwrap, a leading packaging company, is proud to announce the launch of our new line of compostable bags for the clothing industry. We understand the impact that traditional packaging materials have on the environment and are committed to providing sustainable solutions for our customers.
The clothing industry is one of the largest contributors to pollution and waste, and packaging is a significant part of that problem. Traditional packaging materials, such as…
