Plastic and paper bags create are of major concern as they are hazardous to the environment. Many countries have banned use of plastic or have imposed the tax on it in order to protect the environment. In addition, people also have become more conscious about plastic and paper use. The government is also taking some strict actions to protect the environment. Some of the plastics are derived from the plant so that they easily get degraded by the microorganisms. In addition, biodegradable plastic is majorly preferred by the conscious population. However, the government is focusing on reducing the percentage of waste material and increasing the use of bio-degradable packaging materials.
Europe emerged as largest regional market for biodegradable paper and plastics packaging industry over the last few years. Countries such as Sweden, Germany and UK emerged as leading consumer markets and are expected to witness stagnant growth over the forecast period. North America is anticipated to witness average growth in biodegradable paper and plastics market over the next few years. U.S. is anticipated to be the largest biodegradable paper and plastics packaging market for followed by Canada and Mexico. Brazil is expected to be largest market in Latin America owing to economic development and increasing disposable income among general consumers.
In 2019, the market size of Biodegradable Paper And Plastics Packaging is 3370 million US$ and it will reach 11200 million US$ in 2025, growing at a CAGR of 16.2% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Biodegradable Paper And Plastics Packaging.
This report studies the global market size of Biodegradable Paper And Plastics Packaging, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Biodegradable Paper And Plastics Packaging production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
BASF
Smurfit Kappa Group
Stora Enso
Rocktenn
Mondi Group
...
Market Segment by Product Type
PLA
PHA
Market Segment by Application
Textiles
Consumer Product Packaging Industries
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Biodegradable Paper And Plastics Packaging status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Biodegradable Paper And Plastics Packaging manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Biodegradable Paper And Plastics Packaging are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on BiodegradablePaperAndPlasticsPackaging. Industry analysis & Market Report on BiodegradablePaperAndPlasticsPackaging is a syndicated market report, published as Global (United States, European Union and China) Biodegradable Paper And Plastics Packaging Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of BiodegradablePaperAndPlasticsPackaging market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.