Dublin, Aug. 14, 2019 (GLOBE NEWSWIRE) — The “Biodegradable Packaging – Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.
Biodegradable Packaging market worldwide is projected to grow by US$18 Billion, guided by a compounded growth of 14.3%.
Staying on top of trends is essential for decision makers to leverage this emerging opportunity. The report addresses this very need and provides the latest scoop on all major market segments.
Biodegradable Packaging, one of the segments analyzed and sized in this study, displays the potential to grow at over 14.3%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$29.7 Billion by the year 2025, Biodegradable Packaging will bring in healthy gains adding significant momentum to global growth.
While global megatrends sweeping through the market influence the primary direction of growth, regional markets are swayed by more granular locally unique business drivers. Representing the developed world, the United States will maintain a 17.5% growth momentum.
Within Europe, which continues to remain an important element in the world economy, Germany will add over US$1.4 Billion to the region’s size and clout in the next 5 to 6 years. Over US$1.4 Billion worth of projected demand in the region will come from other emerging Eastern European markets.
In Japan, Biodegradable Packaging will reach a market size of US$2 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 13.3% over the next couple of years and add approximately US$2.9 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Competitors identified in this market include:
- BASF SE (Germany)
- Biopac (UK) Ltd. (United Kingdom)
- Clearwater Paper Corporation (USA)
- Georgia-Pacific LLC (USA)
- International Paper Co. (USA)
- Kruger Inc. (Canada)
- Mondi Ltd. (South Africa)
- NatureWorks LLC (USA)
- Novamont S.p.A. (Italy)
- Smurfit Kappa Group PLC (Ireland)
- Stora Enso Oyj (Finland)
- WestRock Company (USA)
Key Topics Covered
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Increasing Need to Minimize Environmental Pollution and Resultant Demand for Easily Degradable Packaging Material Creates Demand for Biodegradable Packaging
- Europe and North America Dominate the Biodegradable Packaging Market
- Food Industry: A Major Application Area for Biodegradable Packaging
- Global Biodegradable Polymers Consumption: Percentage Breakdown of Value Sales by End-Use Industry for the Year 2019
- Demand for Sustainable and Recyclable Packaging Benefits Market Growth
- Competition
- Biodegradable Packaging: A Highly Fragmented Market
- Global Biodegradable Paper and Plastic Packaging Market: Percentage Breakdown of Volume Sales by Leading Players for the Year 2019
- Global Biodegradable Bubble Wraps Market: Percentage Breakdown of Volume Sales by Leading Players for the Year 2019
- Global Biodegradable Paper Market: Percentage Breakdown of Volume Sales by Leading Players for the Year 2019
- Global Competitor Market Shares
- Biodegradable Packaging Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Consumer Awareness on Adverse Effects of Plastic Packaging Fuels Adoption of Biodegradable Packaging Material
- Increasing Preference for Green Packaging Materials Against the Backdrop of Growing Environmental Concerns Drive Demand for Biodegradable Packaging
- Global Production of Biodegradable and Non-Biodegradable Plastics in 000 Tons for the Years 2019, 2021, 2023 and 2025
- Demand for Biodegradable Plastics to Witness Significant Growth in the Upcoming Years
- PLA: A Major Biodegradable Plastic in Demand
- Percentage Breakdown of Global Bioplastics Production by Material Type for the Year 2019
- Biodegradable Paper Packaging: The Fastest Growing Market
- Beverage Packaging: One of the Significant End-Use Markets for Biodegradable Packaging Materials
- Global Bottled Water Consumption in Billion Liters for the Years 2010, 2015 and 2020
- Pharmaceutical and Personal Care: Other Applications of Biodegradable Packaging
- Oxo-Biodegradable Bags: An Important Innovation in Biodegradable Packaging Market
- Increasing Growth of E-Commerce Sector and Online Shopping Propels Demand for Biodegradable Packaging Materials
- Government Regulations to Support the Growth Biodegradable Packaging
- Innovations and Advancements
- Finnish Companies to Release Biodegradable Food Packaging
- Bio-on Unveils Bioplastic Packaging for Fruit and Vegetables
- Swiggy Introduces Eco-Friendly Packaging Solutions for Restaurant Partners
- Nestl Releases Nesquik All Natural in Paper Packaging
- PepsiCo Opts to Launch Lays and Kurkure in Eco-Friendly Plant-Based Packaging
- Cove to Launch 100% Biodegradable Water Bottle
- Product Overview
- Biodegradable Packaging: An Introduction
- Types of Biodegradable Materials
- Advantages and Disadvantages of Biodegradable Packaging
- Properties of Biodegradable Materials
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
- Market Facts & Figures
- US Biodegradable Packaging Market Share (in %) by Company: 2019 & 2025
- Biodegradable Packaging Market in the US: An Overview
CANADA
JAPAN
CHINA
- Chinese Biodegradable Packaging Market: A Snapshot
EUROPE
- Market Facts & Figures
- European Biodegradable Packaging Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Europe: A Major Market for Biodegradable Packaging
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
- Surge in Demand for Sustainable Packaging Drives Growth of Biodegradable Packaging
- Innovations in the Indian Biodegradable Packaging Market
REST OF WORLD
IV. COMPETITION
V. CURATED RESEARCH
For more information about this report visit https://www.researchandmarkets.com/r/h6w6yp
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