About Biodegradable Packaging Materials
Biodegradable materials are materials that are readily decomposed by the action of microorganisms. Biodegradable packaging differs from conventional non-degradable packaging in terms of raw materials, production technology, applications, and composting. Biodegradable materials such as bio-plastic and paper are widely used in packaging applications because of their sustainable nature, material properties, and appearance. Biodegradable packaging materials are used in all levels of packaging including primary, secondary and tertiary packaging.
The analysts forecast the Global Biodegradable Packaging Materials market to grow at a CAGR of 10.53 percent over the period 2013-2018.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Biodegradable Packaging Materials market for the period 2014-2018. The report provides data on the following segments of the Global Biodegradable Packaging Materials market based on product type, application, and geography.
The report, the Global Biodegradable Packaging Materials Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, Europe, North America, and the ROW; it also covers the Global Biodegradable Packaging Materials market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Summary
Commenting on the report, an analyst from the team said: “One of the emerging trends in the market is the market growth and expansion through alliances, joint ventures, and acquisitions. Market players are expanding their geographical reach and product portfolios to gain a competitive position in the market.”
According to the report, the demand for biodegradable packaging materials is expected to surge because of the increase in consumer demand for biodegradable packaging. Growing consumer awareness and the adoption of biodegradable materials for packaging applications by retail outlets has a favorable influence on the Global Biodegradable Packaging Materials market.
Further, the report states that the lack of sophisticated technology to support the substitution of biodegradable plastics instead of traditional petroleum-based plastics is a major restraint for the Global Biodegradable Packaging Materials market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Regions
– APAC
– Europe
– North America
– ROW
Key Vendors
– BASF
– International Paper
– Mondi
– Smurfit Kappa Group
– Stora Enso Oyj
Other Prominent Vendors
– Biopac
– Clearwater Paper
– Georgia-Pacific
– Holmen
– Hood Packaging
– Kruger
– MeadWestvaco
– Natureworks
– Novamont
– OJI Holding
– Rocktenn
– The Mayr-Melnhof Group
Market Drivers
– Increase in Consumer Demand for Biodegradable Packaging
– For a full, detailed list, view this report
Market Challenges
– Lack of Sophisticated Technology
– For a full, detailed list, view this report
Market Trends
– Market Expansion through Alliances, Joint Ventures, and Acquisitions
– For a full, detailed list, view this report
Key Questions Answered in this Report
– What will the market size be in 2018 and what will the growth rate be?
– What are the Key Market Trends?
– What is driving this market?
– What are the challenges to market growth?
– Who are the key vendors in this market space?
– What are the market opportunities and threats faced by the key vendors?
– What are the strengths and weaknesses of the key vendors?
Source
Research and Markets, press release, 2014-08.
Supplier
BASF SE
Biopac
Georgia-Pacific
Holmen
International Paper
MeadWestvaco
Mondi Group
NatureWorks LLC
Novamont S.p.A.
Research and Markets
Smurfit Kappa Group
Stora Enso
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