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Biodegradable
Packaging Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2014– 2020
Future Market Insights
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Report
Description
Report Description
Biodegradable packaging provides natural and easily degradable protection when used mainly
for the presentation and packaging of the products from the moment the production process
begins until the product is administered or consumed. Biodegradable packaging significantly
differs from the conventional non-biodegradable packaging. Biodegradable packaging degrades
easily and quickly and thus, usually does not require the help of an external catalyst for
degradation. Biodegradable products are usually land filled than that compared to that of the
non-biodegradable conventional products. Depending on the choice of the materials used in the
manufacturing of biodegradable packaging the properties, consumer attributes and appearance
of the product packaging varies. Biodegradable packaging sector is a small segment which
represents a merger percentage of the packaging industry. The global biodegradable packaging
has now moved on towards more advanced and efficient packaging. A decade ago,
biodegradable packaging was not known to have any real significance. However, recently
biodegradable packaging has become an integral part of the global packaging market. The rising
consumer awareness towards biodegradable packaging has led to the tremendous growth of the
overall market.
Increased consumer preference towards biodegradable materials coupled with the growing
environmental concern is expected to boost the overall growth of the biodegradable packaging
market. Most of the major packaging companies are now shifting their focus towards
biodegradable packaging in order to achieve greater consumer satisfaction.
Report
Description
Report Description
In addition, to differentiate their products from that of the competitors many manufacturers are
now shifting towards biodegradable packaging.
The biodegradable packaging market is
expected to witness the fastest growth than that compared to the plastics packaging market.
The biodegradable packaging market is a relatively new market however; it is expected to
capture the existing market share of the non-biodegradable plastic packaging market. The food
packaging and beverage packaging market is expected to play a crucial role in driving the overall
global biodegradable packaging market. However, lack of government support especially in the
developed countries is expected to curb the growth of the market. The presence of hugeprice
difference between the biodegradable packaging and other conventional packaging is further
expected to hamper the growth of the market.
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Europe and North America are expected to dominate the overall market of biodegradable
packaging. North America is expected to be the largest consumer of the biodegradable
packaging market.The developed regions are expected to dominate the overall biodegradable
packaging market owing to the presence of mature markets that consist of highly environmental
conscious consumers. In addition, the presence of high-spending population is also expected to
increase the overall demand for biodegradable packaging in the developed regions.
Report
Description
Report Description
The presence of large populations in Asia Pacific is expected to boost the biodegradable
packaging market. Owing to the increase in the contract manufacturing process coupled with
increased governmental interest to promote biodegradable products by providing incentives in
some countries such as China and India is further expected to contribute to the growth of the
market.
The biodegradable packaging market is highly fragmented in nature. Some of the key
participants of the biodegradable packagin market include International Paper, Natureworks LLC,
Biopac, BASF SE, Stora Enso, Smurfit Kappa Group, Rocktenn, Clearwater Paper Corporation,
Georgia-Pacific LLC and Novamont S.P.A among others. The companies mainly strive towards
developing newtechnologies to manufacture biodegradable packaging material from various
easily available natural resources. There are also huge investments in the research and
development in order to develop innovative product which in turn would help the companies to
gain competitive advantage in the market.
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