Biodegradable Paper & Plastic Packaging Market Trends, Segmentation & Opportunities- Growth by CAGR

Biodegradable Paper & Plastic Packaging Market

The Global Biodegradable Paper & Plastic Packaging Market is expected to reach USD 19.51 million by 2025, from USD 6.42 million in 2017 growing at a CAGR of 14.31% during the forecast period of 2018 to 2025.

Get Sample Analysis on Global Market: https://databridgemarketresearch.com/request-a-sample/? dbmr=global-biodegradable-paper-plastic-packaging-market

Increasing consumer awareness towards the environment and their shifting preference from the synthetic product is the main factor which is contributing to the demand for Biodegradable paper & plastic packaging. Global Biodegradable Paper & Plastic Packaging Market have products that are gradually finding acceptance in a wide variety of industries, as it is eco-friendly and having a low impact on the environment. Food & beverage industry is the largest markets where biodegradable paper & plastic packaging is used. The key players operating in the Global Market are – 

International Paper



Amcor



Georgia-Pacific



WestRock Company



Mondi



STORA ENSO



Clearwater Paper Corporation



Smurfit Kappa Group



Kruger Inc.



Novamont S.p.A.



BASF SE



Biopac India Corporation Ltd.



NatureWorks LLC



Ranpak

The other players in the market are Down2Earth Materials., PreScouter.,Green Packaging, BioBag Americas, Inc,Cedar Grove Composting, Inc.,Chamness Biodegradables, Eco-gecko Products Inc, Eco-Products, Inc, ECOWORLD, Ultra Green Sustainable Packaging, are among the others mentioned in the Global Biodegradable Paper & Plastic Packaging Market report.

In 2017, investment around USD 300 million to convert uncoated freesheet to high-quality whitetop linerboard and containerboard at the riverdale mill in selma, Alabama, and targeted to complete by mid – year of 2019, Addition of 450,000 tons of annual capacity, with the flexibility to shift between containerboard products is expected with this investment.

According to British Plastic Federation – plastic arising in the U.K. is 3.7 million tonnes out of which 32.0% is recycled and 70.0% is recovered.

Get TOC of Full Report: https://databridgemarketresearch.com/toc/?dbmr=global-biodegradablepaper-plastic-packaging-market

Market Drivers: 

Increasing government regulations



High demand in packaging, automotive, and electrical & electronics sector



Awareness about the harmful impact of plastics disposal on the environment Market Restraint:



Growing investments in recyclable packaging solutions



Lack of supply of bio-plastics and related materials

Segmentation: Global Biodegradable Paper & Plastic Packaging Market

By Packaging Type 

Plastic



Paper

By Application



Personal & Home Care Packaging



Food Packaging



Beverage Packaging



Pharmaceuticals Packaging



Others

By Geography



North America



Europe



Asia-Pacific



South America



Middle East & Africa

Want Full Report? Enquire Here: https://databridgemarketresearch.com/inquire-before-buying/? dbmr=global-biodegradable-paper-plastic-packaging-market About Us Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. Get Customization and Discount on Report by emailing sopan.gedam@databridgemarketresearch.com . We are content with our glorious 99.9 % client satisfying rate.

Contact Us Data Bridge Market Research Toll Free: +1-888-387-2818 Mail: sopan.gedam@databridgemarketresearch.com http://databridgemarketresearch.com