Dublin – Research and Markets has announced the addition of the “GLOBAL BIODEGRADABLE PACKAGING SOLUTIONS -By Industry, GEOGRAPHY AND VENDORS- FORECASTS, TRENDS AND SHARES (2015- 2020)” report to their offering.
The Global Bio-Degradable Packaging market is estimated at $4.92 billion in 2015 and is projected to reach $10.97 billion by the end of 2020 at a Compound Annual Growth Rate (CAGR) of 17.40%.
This market is mainly driven by the growing conscientious population and government regulations who have started focusing towards the reduction of wastage and usage of bio-degradable packaging materials. However the lack of supply of bioplastics and the higher cost of materials are hindering the growth of this market.
The two major segments of this market includes bio-degradable plastic packaging and bio-degradable paper packaging market. The bio-degradable plastic packaging accounts for more than 95% of the market but however the bio-degradable paper packaging market is showing traction and is expected to witness high growth over the forecast period. Asia Pacific region dominates the bio-degradable paper packaging market followed by North America and European regions. Food packaging is a major segment accounting for more than 65% of bio-degradable plastic & paper packaging market.
Companies Mentioned:
– 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
Key Topics Covered:
1. Research Methodology
2. Key Findings Of The Study
3. Executive Summary
4. Market Overview
5. Market Dynamics
6. Biodegradable Packaging Technology Overview
7. Market By Type
8. Market By Application
9. Market By Region
10. Vendor Market Share
11. Competitive Intelligence Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/q9gcdx/global