Global Biodegradable Paper Packaging Materials Market to Grow at a CAGR of 10.5% by 2021 – Driven by Increase Adoption of Biodegradable Packaging and Increasing Product Innovation – Research and…

DUBLIN, May 15, 2017 /PRNewswire/ —

Research and Markets has announced the addition of the “Global Biodegradable Paper Packaging Materials Market 2017-2021” report to their offering.

The global biodegradable paper packaging materials market to grow at a CAGR of 10.56% during the period 2017-2021.

The report, Global Biodegradable Paper 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.

The latest trend gaining momentum in the market is increasing product innovations. With the increased adoption of biodegradable packaging materials, the vendors in the market are investing in the development of new products. They constantly upgrade their product portfolios and invest in developing materials with properties that are specific for specified applications. The manufacturers of packaging materials are now looking at differentiating their products from those offered by their competitors by providing the best biodegradable packaging products to meet the customers’ needs.

According to the report, one of the major drivers for this market is increased adoption of biodegradable packaging. Biodegradable papers are degraded rapidly by microbes. Retailers play an important role in encouraging the consumers to adopt biodegradable paper packaging materials. In recent years, retailers are actively using bags made of biological materials and biodegradable paper packaging.

Further, the report states that one of the major factors hindering the growth of this market is increase in overall cost of packaging. The relatively higher price of biodegradable paper materials compared with conventional packaging materials is a major challenge faced by the market. The lack of adequate technology and the lack of availability of feedstock are increasing the prices of biodegradable paper materials. Some of the biodegradable products are approximately 10 times costlier when compared with non-biodegradable materials. The rising prices of renewable raw materials used for manufacturing paper are hindering the market growth. The high price of biodegradable paper packaging materials will reduce the demand if consumers switch to cheaper non-renewable packaging materials.

Key vendors

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

Other prominent vendors

  • Biopac
  • Georgia-Pacific
  • Holmen
  • Hood Packaging
  • Kruger
  • WestRock
  • Mayr-Melnhof Karton

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by product type

PART 07: Market segmentation by application

PART 08: Geographical segmentation

PART 09: Decision framework

PART 10: Drivers and challenges

PART 11: Market trends

PART 12: Vendor landscape

PART 13: Key vendor analysis

PART 14: Appendix

For more information about this report visit

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SOURCE Research and Markets

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