Biodegradable Paper Packaging Market - Forecasts from 2018 to 2023
The biodegradable paper packaging market was valued at US$215.039 billion in 2017 and is projected to expand at a CAGR of 5.90% over the forecast period to reach US$303.315 billion by 2023. The growing problem of landfills and non-biodegradability or very slow biodegradability of plastic based packaging has led to the increased adoption of biodegradable paper. Moreover, the rising consumer consciousness and government regulations supporting the adoption of biodegradable packaging has supplemented the growth of the market.
The report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segments which have been covered as part of the report.
This section provides comprehensive market dynamics through an overview section along with growth drivers, challenges and opportunities which exist in the current market. This section of the report also provides industry regulation as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of biodegradable paper packaging. Complete industry analysis has also been covered through Porter’s five forces model as a part of this report section.
The segmentation for Biodegradable Paper Packaging market has been done as follows:
Paper bags and sacks
Food & Beverages
By End-user industry:
Electrical & Electronics
Europe Middle East and Africa
Middle East and Africa
Key industry players profiled as part of the report are:
Asia Pulp and Paper
Nippon Paper Group
Packaging Corp of America
List is not exhaustive*