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The Global Biodegradable Packaging Market
Release Date: 11/28/2017
Global biodegradable packaging market is anticipated to capture a noteworthy CAGR of 14.2% over the forecast period i.e. 2015-2021. Moreover, the global biodegradable packaging market is anticipated to account exponential sales of USD 17.9 Billion by the end of 2021. Additionally, the market is riding on the back of growing demand for sustainable packaging.

Evolution of Packaging Industry

Mounting environmental concerns throughout the world have pushed the government to increase their spending on the development of eco-friendly products which is believed to augment the demand for biodegradable packaging. Furthermore, growing concerns for waste disposal all over the globe is also predicted to foster the growth of biodegradable packaging market.

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Advancement in Packaging

Recent advancement in biodegradable packaging industry such as introduction of new material which includes starch, cellulose and other materials which are derived from processes involving microbial fermentation. Moreover, enhanced impact resistance and tensile strength are some of the factors propelling the market of biodegradable packaging.

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This report also provides the existing competitive scenario of some of the key players of the global biodegradable packaging market which includes company profiling of International Paper, Biopac, Natureworks LLC, Stora Enso, Clearwater Paper Corporation, Novamont S.P.A, Georgia-Pacific LLC, Rocktenn, Mondi Group, Smurfit Kappa Group, Kruger Inc. and BASF SE.

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For Table of Content & Free Sample Report Contact:
Name:-Ajay Daniel
Email: ajay.daniel@researchnester.com
U.S. 1 646 586 9123
U.K. 44 203 608 5919

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