The “Biodegradable Packaging Market” research report 2019 has been estimated considering the application and regional segments, market share, and size, while the forecast for each product type and application segment has been provided for the global and regional markets. Biodegradable Packaging report offers detailed profiles of the key players to bring out a clear view of the competitive landscape of the Biodegradable Packaging outlook. It also comprehends market new product analysis, financial overview, strategies and marketing trends.
In Biodegradable Packaging Market Report, Following Companies Are Covered:
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Market Overview:
Scope of the Report:
The Research Document Will Answer Following Questions Such as:
- What are the cutting-edge technologies responsible for driving the growth of the market?
- What are the main applications of the market? What are the growth prospects to the market applications into the market?
- At what stage of development are the key market products?
- What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
- What is the outlook for the industry?
- What difference does performance characteristics of Biodegradable Packaging create from those of established entities?
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Key Market Trends:
Beverage Packaging to be One of the Most Significant Applications
An estimated number of 700,000 bottles are being littered every day in the United Kingdom alone, according to the Environmental Audit Committee. Such statistics indicate the serious need for biodegradable packaging solutions for beverages.
Companies in the beverages market, like PepsiCo, have been using recyclable PET bottles for their beverages. PepsiCos recyclable PET bottles account for 30% of packaging volume in North America, and 7% globally. However, high manufacturing costs are likely to restrain the practice of using recyclable PET for beverage packaging across developing regions, like India.
Due to the emerging demand for eco-friendly packaging in the beverage industry across Europe, US-based Crown Holdings Inc. has opened a new facility in Jakarta, Indonesia. Considering the countrys robust economic growth and sizable population, such eco-friendly initiatives offer significant potential for biodegradable beverage packaging.
United States to Account for the Largest Share in North America
In the United States, the rising awareness among consumers and favorable regulations from the government are expected to drive the demand for biodegradable packaging over the forecast period.
Notably, food wastage in the country is one of the primary reasons for increasing customer awareness. For instance, The New York Times stated that approximately 60 million metric ton of food is wasted in the United States every year, which not only has negative impact on the environment but also contributes to the economic burden. Due to the aforementioned factors, the consumers are being aware of the food wastage, owing to which they are moving toward non-perishable food, which stay fresh for a long time.
With increasing demand for biodegradable packaging from food chains, such as McDonalds, who are planning to use 100% sustainable packaging by 2025, manufacturers are choosing to use these opportunities to build consumer trust by proactively addressing the environmental issues than resisting to change. Furthermore, it also creates an immense opportunity for the biodegradable packaging manufacturers to penetrate the market and garner a higher market share.
Reasons for Buying Biodegradable Packaging Market Report:
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a five-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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Detailed TOC of Biodegradable Packaging Market Report 2019-2024:
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Growing Conscientious Population
4.3.2 Stringent Government Regulations
4.4 Market Restraints
4.4.1 Growing Investments for Non-biodegradable and Recyclable Packaging Solutions
4.4.2 Lack of Supply of Bio-plastics and Related Materials
4.5 Value Chain Analysis
4.6 Industry Attractiveness Porter’s Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Material Type
5.1.1 Plastic
5.1.1.1 Starch-Based Plastics
5.1.1.2 Cellulose-Based Plastics
5.1.1.3 Polylactic Acid (PLA)
5.1.1.4 Polyhydroxyalkanoates (PHA)
5.1.1.5 Other Plastics
5.1.2 Paper
5.2 By Application
5.2.1 Food
5.2.2 Beverage
5.2.3 Pharmaceutical
5.2.4 Personal/Homecare
5.2.5 Other Applications
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Rest of Asia-Pacific
5.3.4 Latin America
5.3.5 Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Tetra Pak International SA
6.1.2 Plastic Suppliers Inc.
6.1.3 Kruger Inc.
6.1.4 Amcor Limited
6.1.5 Mondi PLC
6.1.6 Biopac Limited
6.1.7 International Paper Company
6.1.8 Smurfit Kappa Group PLC
6.1.9 Bemis Company Inc.
6.1.10 DS Smith PLC
6.1.11 Klabin SA
6.1.12 Rengo Co. Ltd.
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
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