Dublin, Oct. 02, 2020 (GLOBE NEWSWIRE) -- The "Biodegradable Packaging Market 2020-2026" report has been added to ResearchAndMarkets.com's offering.
The global biodegradable packaging market is projected to grow at a moderate CAGR during the forecast period. The key factors that drive the market growth include the increased need to curb the plastic waste from the planet. Biodegradable packaging products aids in the reduction of plastic wastes as they can be easily degraded and causes less harm to the environment. Biodegradable packaging materials also possess same features and characteristics as traditional plastics and are utilized in a wide variety of products, which drives the market growth over the forecast period.
The global biodegradable packaging market is segmented into materials and applications. Based on the materials segment, the market is bifurcated into paper and plastic. The paper segment includes corrugated boxes, boxboard & paperboard cartons, and flexible paper. While the plastic segment is segregated into starch-based plastics, cellulose-based plastics, polylactic acid (PLA), poly-3-hydroxybutyrate (PHB), polyhydroxyalkanoates (PHA), and others. Based on the application, the market is segmented into food & beverage packaging, consumer goods & electronics packaging, pharmaceutical packaging, and other applications. Food & beverage packaging is one of the most significant applications of biodegradable packaging.
Geographically, the study of the global biodegradable packaging market report covers the analysis of four major regions including North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), and the Rest of the World. North America region is estimated to grow significantly during the forecast period. The US dominates the North American biodegradable packaging market owing to the increasing awareness among consumers regarding biodegradable packaging material.
Moreover, the report covers the analysis of several players operating in the market. Some of the major players covered in the report include Mondi Group, Amcor Plc, Smurfit Kappa Group, International Paper Co., Berry Global Inc., Huhtamaki Group, TetraPak International S.A., and others. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market.
The market study of the global biodegradable packaging market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of the reports.
Secondary Sources Include:
Financial reports of companies involved in the market
Whitepapers, research-papers, and news blogs
Company websites and their product catalog
The report is intended for packaging companies, food & beverage industry, consumer goods industry, plastic industry, paper industry, raw material suppliers, traders, distributors, packaging machinery equipment companies, industry associations & experts, research institutes, government organizations, regulatory bodies, and other market participants for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
1. Global Biodegradable Packaging Market Research and Analysis by Material
2. Global Biodegradable Packaging Market Research and Analysis by Application
The Report Covers:
Comprehensive research methodology of the global biodegradable packaging market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global biodegradable packaging market.
Insights about market determinants which are stimulating the global biodegradable packaging market.
Detailed and extensive market segments with regional distribution of forecast revenues.
Extensive profiles and recent developments of the market players.
Key Topics Covered:
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Key Strategy Analysis
3.2. Key Company Analysis
3.2.1. Mondi Group
126.96.36.199. Financial Analysis
188.8.131.52. SWOT Analysis
184.108.40.206. Recent Developments
3.2.2. Amcor Plc
220.127.116.11. Financial Analysis
18.104.22.168. SWOT Analysis
22.214.171.124. Recent Developments
3.2.3. International Paper Co.
126.96.36.199. Financial Analysis
188.8.131.52. SWOT Analysis
184.108.40.206. Recent Developments
3.2.4. Smurfit Kappa Group
220.127.116.11. Financial Analysis
18.104.22.168. SWOT Analysis
22.214.171.124. Recent Developments
4. Market Determinants
5. Market Segmentation
5.1. Global Biodegradable Packaging Market by Material
126.96.36.199. Starch-Based Plastics
188.8.131.52. Cellulose-Based Plastics
184.108.40.206. Polylactic Acid (PLA)
220.127.116.11. Poly-3-Hydroxybutyrate (PHB)
18.104.22.168. Polyhydroxyalkanoates (PHA)
22.214.171.124. Other Plastics
5.2. Global Biodegradable Packaging Market by Application
5.2.1. Food &Beverage Packaging
5.2.2. Consumer Goods & Electronics Packaging
5.2.3. Pharmaceutical Packaging
5.2.4. Other Applications
6. Regional Analysis
6.1. North America
6.1.1. United States
6.2.6. Rest of Europe
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Amcor Plc
7.2. BASF SE
7.3. Bemis Co. Inc.
7.4. Berry Global Inc.
7.5. Biopac India Corp. Ltd.
7.6. Biopak Pty Ltd.
7.7. Clearwater Paper Corp.
7.8. Elevate Packaging Inc.
7.9. Georgia-Pacific LLC
7.10. Greenpack Ltd.
7.11. Huhtamaki Group
7.12. Imex Packaging
7.13. International Paper Co.
7.14. Kruger Inc.
7.15. Mondi Group
7.16. Nampack Ltd.
7.17. Novamont S.P.A
7.18. Ranpak Holding Corp.
7.19. Smurfit Kappa Group
7.20. Stora Enso Oyj
7.21. TetraPak International S.A.
7.22. WestRock Co
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