Biodegradable materials are materials that are readily decomposed by the action of microorganisms. Biodegradable packaging differs from conventional non-degradable packaging in terms of raw materials, production technology, applications, and composting. Biodegradable materials such as bio-plastic and paper are widely used in packaging applications because of their sustainable nature, material properties, and appearance.
The rising demand for sustainable packaging materials among consumers will drive the growth prospects for the global biodegradable paper packaging materials market until the end of 2021. The market is witnessing a high rate of adoption of biodegradable paper or ecofriendly materials by retailers and intermediaries for packaging purposes because of various initiatives taken by governments of many countries to promote the use of sustainable packaging materials. Also, factors such as the growing consumer awareness, change in consumer attitudes, rising preference towards the environment-friendly packaging materials, and the increasing demand for these packaging materials from retail outlets will fuel the market’s growth. Moreover, the market is also driven by the growing inclination of various economies towards the globalization of trade. a number of developing and developed economies are expected to contribute attractive share to the global revenue. North America and Europe are anticipated to be potentially lucrative regional markets, with the growth driven by large technological advancements in manufacturing processes. Asia Pacific is expected to be a promising region, with burgeoning demand attributed to the rising adoption of recyclable materials in the food and beverages packaging sector.
The global Biodegradable Packaging Materials market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Biodegradable Packaging Materials volume and value at global level, regional level and company level. From a global perspective, this report represents overall Biodegradable Packaging Materials market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
BASF
International Paper
Mondi
Smurfit Kappa
Stora Enso
...
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Corrugated Board
Flexible Paper
Boxboard
Segment by Application
Food Packaging
Beverage Packaging
Electronic Packaging
Summary: Get latest Market Research Reports on Biodegradable Packaging Materials . Industry analysis & Market Report on Biodegradable Packaging Materials is a syndicated market report, published as Global Biodegradable Packaging Materials Market Research Report 2019. It is complete Research Study and Industry Analysis of Biodegradable Packaging Materials market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.