Bio-degradable Packaging Market - By Packaging (Plastic, Paper), By Application (Food & Beverage Packaging, Pharmaceuticals Packaging, Personal & Home Care Packaging, Others), & Global Region - Market Size, Trends, Opportunity, Forecast 2020-2025
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Biodegradable packaging is manufactured using biopolymers, which are molecules often found in living organisms, like cellulose and proteins. Biopolymers are used to produce an ample variety of biodegradable packaging, from containers with lids to films. Bio-degradable packaging materials with short decomposition rates are capable of being decomposed by the action of biological processes. The market for bio-degradable packaging adoption is growing at an optimized pace across multiple industries such as consumer goods, food & beverages and more.
Growth Drivers – Bio-degradable Packaging Market
Growing Shift Towards Eco-friendly Packaging
The most used material for packaging is plastic. Despite the ease of producing plastic packaging materials, there are multiple environmental consequences, like long decomposition rates and damage to natural ecosystems. The hasty increase in non-biodegradable packaging waste has caused adverse environmental concerns, which has made the world concerned about the overuse of plastics packaging. Consumers are becoming environmentally aware and looking forward to minimizing their participation in rising environmental pollution. The companies across many sectors are increasingly using eco-friendly packaging materials such as metals, biopolymers and more. Further, this growing shift from conventional packaging to more sustainable and eco-friendly packaging materials, it is expected that the global bio-degradable market will have an optimistic future ahead.
Government Support & Initiatives
Governments across the countries worldwide are playing a vital role in promoting eco-friendly packaging. Pollution limiting has become one of the major priorities of most countries and the governments in these countries are strongly focusing on limiting the excessive use of plastic and other environmentally hazardous packaging materials. For instance, the government in Indian asked the e-commerce companies to stop using plastic in packaging products. More than an E-commerce trend, eco-friendly packaging is being supported more and more by governments around the world, which in turn is expected to bolster the growth of bio-degradable packaging market in coming years.
Barriers - Bio-degradable Packaging Market
Although bio-degradable packaging a super alternative to other hazardous packaging options, there are other eco-friendly packaging materials are available, which are further hampering the growth of bio-degradable packaging market. Also, laws & regulations with respect to use of hazardous packaging materials are still weak in many developing and under-developed countries.
The research offers a comprehensive analysis of bio-degradable packaging market with respect to following sub-markets:
By Packaging Type
- Food & Beverage Packaging
- Pharmaceuticals Packaging
- Personal & Home Care Packaging
• North America (U.S. & Canada)
• >Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, New Zealand and Rest of Asia Pacific)
• >Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
• Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
The report profiles various major market players such as:
- BASF SE
- The International Paper Company
- Mondi plc
- Smurfit Kappa Group plc
- Stora Enso Oyj
- MeadWestvaco Corporation
- NatureWorks LLC
- Mayr-Melnhof Karton AG
- Other Major & Niche Players
Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, and recent news (acquisition, expansion, technology development, research & development expansion and other market activities).
The study also provides a company’s positioning and market share in Bio-degradable Packaging market.
Timeline Considered for Analysis:
• 2015 to 2018– Historical Year
• 2019- Base Year
• 2020 – Estimated Year
• 2020 to 2025 – Forecasted Year
Research Scope and Deliverables
Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis
Market Segmentation Analysis:
Industry report analyzes the global Bio-degradable Packaging market by the following segments:
- Packaging Type
Geographic Market Analysis:
The report offers separate analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition, further breakdown of market data and analysis of region into countries is covered in the report.
Key Questions Answered in the Global Bio-degradable Packaging Industry Report
• What is the overall market size in 2019? What will be the market growth during the forecast period i.e. 2020-2025?
• Which region would have a high demand for a product in the upcoming years?
• What are the factors driving the growth of the market?
• Which sub-market will make the most significant contribution to the market?
• What are the market opportunities for existing and entry-level players?
• What are various long-term and short-term strategies adopted by the market players?
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