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Global Biodegradable Packaging Market share
research by applications and regions for 2017-2024:
Global Market Insights Inc.
The global Biodegradable Packaging market share report provides numbers for
applications and regional segments of the industry covering historical as well as
forecast data for decision makers. Biodegradable Packaging Market size is
anticipated to witness dynamic growth due to rising environmental awareness among
people and stringent governmental regulations that have shifted focus towards waste
reduction and eco-friendly materials.
Earlier, it was not known to have any definite environmental importance. However,
recently recyclable packing has developed into a popular segment as essential part
of the packing industry. Rise in consumer awareness has led to the incredible growth
of overall industry. Food and beverage packing industry is likely to play a vibrant role
in driving biodegradable packaging market demand.
Biodegradable packaging market represent a merger percentage of packing industry,
which makes it as a small segment. Global biodegradable packing industry has
moved towards more effective and efficient packing.
A plastic material called bio-plastic can be either bio based or decomposable in
nature. Bio based means that the material is formed from biomass process,
generally from the stems of crops including sugarcane and corn. Biodegradation
refers to a chemical mechanism under which certain microorganism transforms into
natural substances including water, CO2 and compost. These products are naturally
fragmented into biological agents including bacteria and fungi into raw materials,
which are generally rotten by microbes and other natural bio processes.
Product packing of primary and secondary segment is directly linked with their
production and components as a vital part of the value-added mechanism of
biodegradable packaging market while tertiary packing is associated with logistics.
Primary packing is directly related to real product and hence, should show better
retaining features as per the product necessities. Secondary packing includes films,
boxes, bags and containers which products are packed along with its primary
Some of the important industry players are Sweden, Germany, UK and Switzerland.
Within North America, the US is anticipated to be the largest consumer of the
product. In addition, presence of high income population is another driving force the
biodegradable packaging market growth in the region.
Latin America is expected to show promising growth on accounts of a developed
manufacturing process and technological advancements in the overall value chain.
Brazil is likely to be largest biodegradable packaging market in the region owing to
economic expansion and growing disposable income among general buyers.
Key players identified in the industry include Novamont, BASF, Mondi Group,
International Paper, Smurfit Kappa, Arkema, and RockTen. Some of the other
prominent players in biodegradable packaging market are Be Green Packaging,
Stora Enso, Biopak Pty, Cortec, Tetra Pak, Natureworks, Kruger, Georgia-Pacific,
Clearwater Paper, Prolamina, Simbiousa, McNichols Co, EarthFirst Brand Films,
Berkley International Packaging, RNS and Bemis Company.
Several mergers and acquisitions has been witnessed in biodegradable packaging
market. In 2014, Italy based company, Novamont acquired another Italian packing
company, JV Mater Biopolymer which helped the company to receive the worldfamous packing facility of Patrica, Italy.
Browse Related Report:
Biopolymer Coatings Market Size By Product (Bio PU coatings [Architectural,
Deckings, Floorings, Furniture, Automotive, Textile], Bio PA Coatings
[Automotive, General Industrial, Exterior, Wire Goods, Construction,
Electrical], Bio PBS Coatings [General Packaging, Food & Beverage
Packaging], PLA Coatings [General Packaging, Food & Beverage Packaging],
Starch Coatings [General Packaging, Food & Beverage Packaging, Pharmacy
Bags], Cellulose Esters [Automotive, Food & Beverages, Furniture, Textiles],
Nitrocellulose Coatings [Decking, Flooring, Furniture], Wax Coatings [Edible
Coatings, General Packaging, Food & Beverage Packaging], Soy Protein
Coatings [General Packaging, Food & Beverage Packaging], Corn Zein
Protein [Pharmaceutical, Food & Beverage Packaging]), Regional Outlook
(U.S., Germany, UK, France, Italy, China, India, Japan, Brazil), Price Trend,
Competitive Market Share & Forecast, 2016 – 2024
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market
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