Global Bio-Degradable Packaging Market 2021 Report Explores Key Regions, Top Leading Countries, Companies, Consumption, Drivers, Trends, Forces Analysis, Revenue, Opportunity and Challenge to 2023

(The Express Wire via Comtex)

Global"Bio-Degradable Packaging Market"compromises many advantages that have accelerated the adoption of absorption among various industrial users. These elements make absorption an attractive option from the industrial sector and enable many industrial customers to meet their environmental and regulatory targets. The Bio-Degradable Packaging industry is expected to remain innovation-led, with frequent achievements and strategic deals adopted as the key strategies by the players to increase their industry presence. The report covers the present scenario and the growth prospects of the Bio-Degradable Packaging market for 2021-2023.

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Bio-Degradable Packaging Market competition is assessed by top manufacturers, with production, price, revenue (value), and market share for each manufacturer. It offers a complete evaluation of every area including the volume of the global Bio-Degradable Packaging market in that area in the estimated duration. This well-drafted report entails the existing market status, historical data, and projection outlook. A detailed segmentation analysis of the market is done on regions, types, and applications in the report. The report tracks primary trends that decide future growth prospects in the global market.

List Of TOP KEY PLAYERS in Bio-Degradable Packaging Market Report are:-

  • Tetra Pak
  • Amcor
  • Mondi Group
  • Imex Packaging
  • Mcnichols Co.
  • Kruger Inc.
  • Biopac
  • Smurfit Kappa Group
  • Berkley International Packaging
  • Earthfirst Brand Films
  • Greenblue
  • International Paper
  • Ranpak Corp

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About Bio-Degradable Packaging Market:

The global biodegradable packaging market was valued at USD 6.61 billion in 2017, and is expected to reach a value of USD 15.24 billion by 2023 at a CAGR of 14.55 %, over the forecast period (2018-2023). The market is segmented by type of material, applications, and geography. This report focuses on adoption of these solutions for various applications in various regions. The study also emphasizes on latest trends, industry activities, and vendor market activities.

Biodegradable packaging products are increasingly finding adoption in a wide variety of industries, owing to their low environmental impact and growing demand for sustainable solutions. As majority of the materials used in this packaging are natural, which enables native degradation without the need for an external catalyst, these solutions find high application in food and beverage industry. Many industries and governments have taken initiatives to reduce wastage and utilize proper solutions to counter the environmental impact. Companies, such as Unilever and PandG, have pledged to move to natural packaging solutions and reduce ecological footprint by 50%. This is one of the factors driving the usage of biodegradable packaging across industries. The growing number of innovations like active and intelligent packaging solutions in the industry are expanding the product availability to the end-users. Thus, companies are finding it more accessible to deploy these solutions, thereby increasing the adoption rate.

Growing Conscientious Population is Moving Toward the Adoption of More Sustainable SolutionsWorld population has exceeded 7.2 billion, out of which, it is estimated that 2.5 billion are ‘Millennials’ (of the age 15-35), and unlike the other generations, they share a deep concern about environmental issues. Majority of these consumers are skeptical about the corporate responsibility claims made and have brought an ethical consumer revolution, demanding ethically-produced goods.

The blend of advancement in technology and increase in global population, has made plastic and paper to be used across a wide range of applications, in all aspects of industries. Packaging materials obtained from various sources (especially plastics) form a significant solid waste, which is hazardous to environment. The Government and Federal agencies of all the major countries have made stringent regulations in order to reduce wastage and promote the use biodegradable materials for packaging. These are usually made of renewable raw materials, like starch and cellulose. Biodegradable plastic has the capability to decompose into inorganic compounds, CO2, methane, and water, by the enzymatic action of microorganisms.

Considering the necessity to assess the degradation pattern of these polymers, Central Pollution Control Board (CPCB) sponsored Central Institute of Plastics and Engineering and Technology (CIPET), Chennai, to identify and evaluate the performance of biodegradable polymers in India, with reference to its biodegradability under laboratory scale composting conditions, as per ASTM D-6400 and IS/ISO 17088:2008. To meet the criteria, 60% of single polymer materials must mineralize in six months, and 90% must do in blends. Materials should give way to intense microbial activity and be converted from carbon to carbon dioxide, biomass, and water. In the United States, all food-packaging clearances require an environmental assessment (EA), followed by a finding of no significant impact (FONSI) and clearance by the FDA.

Paper-Based Packaging Solutions to Dominate the Market in 2018Companies around the world are adopting sustainable packaging solutions, which include the usage of biodegradable paper and recyclable paper. Many companies offering paper packaging solutions are focusing on biodegradable products to attract consumers. Industry leaders are venturing into providing complete biodegradable packaging solutions, to gain hold of the expanding market. The demand for these packaging solutions has been identified to be high among the industries, when compared to consumers as end-user, as it eliminates the need for attractive packaging in industrial solutions. Organic stores and natural stores are also deploying the solutions to maintain brand perception. Overall, the market is projected to witness a robust growth over the forecast period.

However, recycling remains one of the major trends observed in the industry. Although paper products are biodegradable, the process has been identified to be inconsistent in landfills, owing to the presence of external elements. The impact of landfills is creating concerns among the municipalities. Thus, governments and organizations are pushing toward recycling over landfill disposables, with biodegradable packaging having high recyclability, owing to the absence of additional artificial elements.

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Bio-Degradable Packaging market report explores the international and Chinese major Bio-Degradable Packaging players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2015-2021 Bio-Degradable Packaging market shares for each company.

After the basic information, the report sheds light on the production. Production plants, their capacities, global production, and revenue are studied. Also, the Bio-Degradable Packaging Sales growth in various regions and RandD status are also covered.

Global Bio-Degradable Packaging Market 2021-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Market Trend

  • Growing research activities coupled with new product launches.
  • For a full, detailed list, view our report

Market Driver

  • High Opportunity of Bio-Degradable Packaging .
  • For a full, detailed list, view our report

Market Challenge

  • Complications associated with Bio-Degradable Packaging procedures.
  • For a full, detailed list, view our report

The report provides key statistics on the market status of the Bio-Degradable Packaging manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Bio-Degradable Packaging .

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Bio-Degradable Packaging Market Report Overview includes major players of the global Bio-Degradable Packaging Market covered in the research study, research scope, Market segments by type, Market segments by application, years considered for the research study, and objectives of the report. The research report explores the Bio-Degradable Packaging market across the globe shows industry summary, definition, and scope along with major regions and countries. The research report provides a detailed study on each and every aspect of Bio-Degradable Packaging Market. Furthermore, the research study classifies the market based on product types, application and end user industries of Bio-Degradable Packaging .

The Bio-Degradable Packaging Market Research/Analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is used for Bio-Degradable Packaging ? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Bio-Degradable Packaging Market? What are Their Company Profile, Their Product Information, and Contact Information?
  • What Was Global Market Status of Bio-Degradable Packaging Market? What Was Capacity, Production Value, Cost and PROFIT of Bio-Degradable Packaging Market?
  • What Is Current Market Status of Bio-Degradable Packaging Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Bio-Degradable Packaging Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Bio-Degradable Packaging Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
  • What Is Bio-Degradable Packaging Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Bio-Degradable Packaging Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Bio-Degradable Packaging Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Bio-Degradable Packaging Industry?

Geographically,the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast of the following regions are including:

  • North America (United States, and Canada)
  • Europe (France, UK)
  • Asia-Pacific (China, Japan)
  • South America (Brazil, Argentina)
  • Middle East and Africa

Major Key Contents Covered in Bio-Degradable Packaging :

  • Introduction of Bio-Degradable Packaging with development and status.
  • Manufacturing Technology of Bio-Degradable Packaging with analysis and trends.
  • Analysis of Global Bio-Degradable Packaging Key Manufacturers with Company Profile, Product Information, Production Information, and Contact Information.
  • Analysis of Global and Chinese Bio-Degradable Packaging Capacity, Production, Production Value, Cost and Profit
  • Analysis of Bio-Degradable Packaging with Comparison, Supply, Consumption, and Import, and Export.
  • Bio-Degradable Packaging Analysis with Market Status and Market Competition by Companies and Countries.
  • 2021-2023 Bio-Degradable Packaging Market Forecast with Cost, Profit, Market Shares, Supply, Demands, Bio-Degradable Packaging market trend, Import and Export.
  • Bio-Degradable Packaging Analysis of Industry Chain Structure, Upstream Raw Materials, Downstream Industry.

By knowing the potential of Bio-Degradable Packaging In Future, we come up with Bio-Degradable Packaging Market Research Report to provide Investors to achieve their goals in their respective field all over the world. The Bio-Degradable Packaging Report focuses on providing the best returns of an investment to investors.

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Table Of Content:

1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
1.4 Key Findings of the Study
2. Research Approach and Methodology
3. Executive Summary
4. Market Insights
4.1 Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness Porter's Five Industry Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products or Services
4.3.5 Competitive Rivalry among Existing Competitors
4.4 Technology Snapshot
5. Market Dynamics
5.1 Factors Driving the Market
5.1.1 Growing Conscientious Population
5.1.2 Stringent Government Regulations
5.2 Factors Restraining the Market
5.2.1 Growing investments for Recyclable Packaging Solutions
5.2.2 Lack of Supply of Bio-plastics and Related Materials
6. Global Bio-Degradable Packaging Market Segmentation
6.1 Material Type
6.1.1 Plastics Starch-Based Plastics Cellulose-Based Plastics Polylactic Acid (PLA) Poly-3-Hydroxybutyrate (PHB) Polyhydroxyalkanoates (PHA) Others
6.1.2 Paper Kraft Paper Flexible Paper Corrugated Fiberboard Box-Board
6.1.3 Application Food Packaging Beverage Packaging Pharmaceutical Packaging Personal/Homecare Packaging Others
6.2 By Geography
6.2.1 North America United States Canada
6.2.2 Europe United Kingdom Germany France Rest of Europe
6.2.3 Asia-Pacific China India Japan Rest of Asia-Pacific
6.2.4 Rest of the World Latin America Middle East and Africa
7. Competitive Intelligence Company Profiles
7.1 Tetra Pak
7.2 Amcor
7.3 Mondi Group
7.4 Imex Packaging
7.5 Mcnichols Co.
7.6 Kruger Inc.
7.7 Biopac
7.8 Smurfit Kappa Group
7.9 Berkley International Packaging
7.10 Earthfirst Brand Films
7.11 Greenblue
7.12 International Paper
7.13 Ranpak Corp *list not exhaustive
8. Investment Analysis
9. Future Outlook of Bio-Degradable Packaging Market

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