Biodegradable Paper & Plastic Packaging Market By Marketing Research, Business Risk Analysis With Berkley, Mondi Group, Eco-Products, Stora Enso, Kruger Inc., BioBag Americas, Biopac UK

Global biodegradable paper & plastic packaging Market have products that are gradually finding acceptance in a wide variety of industries, as it is eco-friendly and having a low impact on the environment. Food & beverage industry is the largest markets where biodegradable paper & plastic packaging is used. According to British Plastic Federation – plastic arising in the U.K. is 3.7 million tonnes out of which 32.0% is recycled and 70.0% is recovered.

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The Global Biodegradable Paper & Plastic Packaging Market is expected to reach USD 19.51 million by 2025, from USD 6.42 million in 2017 growing at a CAGR of 14.31% during the forecast period of 2018 to 2025 (Current Year Statistic Will Be Provided In The Report). The key players operating in the Global Market are –

  • International Paper
  • Amcor
  • Georgia-Pacific
  • WestRock Company
  • Mondi
  • Clearwater Paper Corporation
  • Smurfit Kappa Group
  • Kruger Inc.
  • Novamont S.p.A.
  • Biopac India Corporation Ltd.
  • NatureWorks LLC
  • Ranpak

The other players in the market are Down2Earth Materials., PreScouter.,Green Packaging, BioBag Americas, Inc,Cedar Grove Composting, Inc.,Chamness Biodegradables, Eco-gecko Products Inc, Eco-Products, Inc, ECOWORLD, Ultra Green Sustainable Packaging, are among the others mentioned in the Global Biodegradable Paper & Plastic Packaging Market report.

In 2017, investment around USD 300 million to convert uncoated freesheet to high-quality whitetop linerboard and containerboard at the riverdale mill in selma, Alabama, and targeted to complete by mid – year of 2019, Addition of 450,000 tons of annual capacity, with the flexibility to shift between containerboard products is expected with this investment.

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 Market Drivers:

  • Increasing government regulations
  • High demand in packaging, automotive, and electrical & electronics sector
  • Awareness about the harmful impact of plastics disposal on the environment

Segmentation: Global Biodegradable Paper & Plastic Packaging Market

By Packaging Type

  • Plastic
  • Paper

By Application

  • Personal & Home Care Packaging
  • Food Packaging
  • Beverage Packaging
  • Pharmaceuticals Packaging
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

 Market Restraint:

  • Growing investments in recyclable packaging solutions
  • Lack of supply of bio-plastics and related materials

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