Global Biodegradable Packaging Materials Market to Grow at a CAGR of 10.55% by 2021 - By Product Type & Application - Research and Markets

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Biodegradable Packaging Materials Market 2017-2021" report to their offering.

The global biodegradable packaging materials market to grow at a CAGR of 10.55% during the period 2017-2021.

The report, Global Biodegradable Packaging Materials Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in market is cost-effective biodegradable plastic packaging. An emerging trend in the market is the focused effort by the market players to produce cost-effective biodegradable packaging materials. Vendors are investing in new technologies to develop cost-effective methods of production to overcome the challenges in the production stage. Many manufacturers are working toward the development of cheaper PLA, a type of bio-plastic, which is used commonly for manufacturing packaging materials and disposable utensils.

According to the report, one driver in market is support for bio-based and biodegradable packaging materials. Conventional plastics do not degrade within a short span and are a cause of land-filling. On the contrary, bioplastics and paper are degraded rapidly by microbes. Retailers play a leading role in encouraging the consumers to adopt bio-based packaging materials. In recent years, retailers are actively adapting bags made of biological materials and biodegradable packaging. The increased adoption of sustainable packaging products by retailers will increase the replacement of non-renewable packaging materials with renewable ones.

Key vendors

• BASF
• International Paper
• Mondi
• Smurfit Kappa
• Stora Enso
  

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market segmentation by product type

PART 06: Market segmentation by application

PART 07: Geographic segmentation

PART 08: Decision framework

PART 09: Drivers and challenges

PART 10: Market trends

PART 11: Vendor landscape

PART 12: Key vendor analysis

For more information about this report visit http://www.researchandmarkets.com/research/rwdr3t/global