Global Bio-Plastic Packaging Market Outlook to 2026: A $162 Billion Opportunity - Analysis by Packaging Type, Material Type, Type of Plastic, Technology, Application, End-User and Geography - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 3, 2018--The “Bio-Plastic Packaging - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.According to this report, the Global Bio-Plastic Packaging market is expected to grow from $11,120.58 million in 2017 to reach $162,095.88 million by 2026, with a CAGR of 34.7%.Rising adoption of bio-plastic packaging solutions and reduction of poisonous VOC are factors boosting the expansion of the market. However, high manufacturing price of biodegradable substances is hampering the growth of the market.
By end-users, the food and beverages segment is expected to be dominant owing to high demand for bio-plastic packaging in the food and beverages industry as companies are looking to switch to biodegradable packaging options especially for organic food and premium & customized products that have specific requirements.
On basis of geography, Europe is anticipated to be the main markets for bio-plastic packaging over the forecast period due to the severe rules and policies against use of non-recyclable plastics along with gaining recognition of sustainable packaging in the manufacturing industry sector.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Bio-Plastic Packaging Market, By Packaging Type
6 Global Bio-Plastic Packaging Market, By Material Type
7 Global Bio-Plastic Packaging Market, By Type of Plastic
8 Global Bio-Plastic Packaging Market, By Technology
9 Global Bio-Plastic Packaging Market, By Application
10 Global Bio-Plastic Packaging Market, By End-User
11 Global Bio-Plastic Packaging Market, By Geography
12 Key Developments
13 Company ProfilingBASF SEDuPont (EI) de NemoursCargill IncorporatedMetabolix Inc.Toray Industries Inc.Evonik Industries AGCardia Bioplastics LimitedArkema SAInnovia Films LimitedGreen Dot Holdings LLCCorbion nvNovamontNatureWorksSphere SANovozymesSolvayLanzaTechShenzhen Polymtek BiomaterialDurect CorporationHaihang Industries Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/ktb9wz/global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181203005357/en/
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Related Topics:Plastic Packaging,Bioplastics
INDUSTRY KEYWORD: MANUFACTURING PACKAGING
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/03/2018 05:00 AM/DISC: 12/03/2018 05:01 AM