Compostable Packaging Market (COVID-19 Impact Analysis) 2021 to See Major Growth in Revenue, Leading Players – International Paper, Smurfit Kappa, Mondi

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Compostable Packaging Market

The latest research report on Compostable Packaging Market was conducted across a variety of industries in various regions to provide a report that has data surpassing 100+ pages (Based on 2020 COVID-19 Worldwide Spread) The report offers a mixture of qualitative and quantifiable information focusing on aspects such as key market developments, industry and competitors’ challenges in gap analysis and new opportunities in the Compostable Packaging market. Various leaders along with players that are emerging, have been profiled in this report.

The attention on the overwhelming players TIPA Compostable Packaging, ULTRA GREEN SUSTAINABLE PACKAGING, International Paper, Smurfit Kappa, Mondi, BASF SE, Be Green Packaging HQ, Futamura Group, Stora Enso, WestRock Company, BIOPAK, Amcor plc, Wuxi Topteam Co.Ltd, NatureWorks LLC,, Lithey Inc., Paper Water Bottle, Genpak, LLC, Biotec Pvt. Ltd, and Avani Eco among other domestic and global players

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Let’s know why the report is worth considering-

Compostable packaging market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 17.4% in the forecast period of 2020 to 2027 and expected to reach USD 21,633.39 million by 2027.

Increasing usage of liners in temperature sensitive drugs which requires innovative packaging is a driving factor for the market growth. Rising popularity of biodegradable products and also increasing concern on the pollution level is accelerating the consumption of compostable packaging products which drives the market.

This compostable packaging market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

Compostable Packaging Market

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  • This report provides an extensive analysis of the current and emerging trends and dynamics in the Compostable Packaging market.
  • In-depth analysis is done by constructing market estimations for the key market segments to identify the prevailing market opportunities.
  • This study evaluates the competitive landscape and value chain to understand the competitive environment across the geographies.
  • A comprehensive analysis of the factors that drive and restrict the market growth is provided.
  • A comprehensive analysis of the region is provided to determine the prevailing opportunities in these geographies

Thinking One Step Ahead

In today’s competitive world you need to think one step ahead to pursue your competitors, our research offers reviews about key players, major collaborations, union & acquisitions along with trending innovation and business policies to present a better understanding to drive the business in the correct direction.

In conclusion, the Compostable Packaging Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and Porters Five analysis is also incorporated in the report.

Conducts Overall COMPOSTABLE PACKAGING Market Segmentation: This knowledgeable market research report offers lucrative opportunities by breaking down complex market data into segments on the basis of –

By Product Type (Bags, Trays, Cups, Plates, Films, Lids, Straws, Cutlery, Bowls, Clamshells, Pouches & Sachets, Others),

Material (Plastic, Paper & Paperboard, Others),

Packaging Layer (Primary Packaging, Secondary Packaging, Tertiary Packaging),

Distribution Channel (B2B, Supermarkets/Hypermarkets, Departmental Stores, Convenience Stores, Specialty Stores, E-commerce, Others),

End-User (Food & Beverages, Medical, Automotive, Electrical & Electronics, Agriculture, Textile Goods, Personal & Home Care, Chemical, Others)

The countries covered in Compostable Packaging market report are U.S., Canada and Mexico in North America, Germany, U.K., France, Switzerland, Italy, Spain, Netherlands, Russia, Belgium, Turkey, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, South Africa, UAE, Saudi Arabia, Israel, Egypt and Rest of Middle East & Africa as a part of Middle East and Africa, Brazil, Argentina, and Rest of South America as part of South America.

Europe dominates the compostable packaging market as in Germany and the countries like Russia, the production and consumption of bio-degradable plastic are very huge which boosts the demand in wide range of applications. The Asia-Pacific region is expected to grow with the highest growth rate in the forecast period of 2020 to 2027 because of increasing business expansion and awareness among the customers. China is leading the growth of the Asia-Pacific market due to major usage of plastic bags in the retail stores. In the North America region, the country the U.S. is dominating as the packaging industry is growing very rapidly in the region. Also, with the increasing consumption of bottles and cans, the demand for compostable packaging is growing.

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For instance,

  • Mondi collaborated hands with Ellen MacArthur Foundation so that they can decrease the level of plastic pollution. The focus of the collaboration is to enhance the design of the product and reach 100% recycled or compostable packaging products by the year 2025.
  • Genpak LLC and Danimer Scientific signed a partnership agreement to initiate a new stream of biodegradable food containers. It will help the company to decrease the impact of non-biodegradable products on the environment in the year 2019. With the help of this partnership the company will get cutting edge material so that they can create innovative packaging.

Some Points from Table of Content

 COVID-19 Outbreak-Global Compostable Packaging Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020

Chapter 1 Compostable Packaging Introduction and Market Overview

1.1 Objectives of the Study

1.2 Overview of Compostable Packaging

1.3 Scope of The Study

1.3.1 Key Market Segments

1.3.2 Players Covered

1.3.3 COVID-19’s impact on the Compostable Packaging industry

1.4 Methodology of The Study

1.5 Research Data Source

Chapter 2 Executive Summary

Chapter 3 Industry Chain Analysis

Chapter 4 Global Compostable Packaging Market, by Type

Chapter 5 Compostable Packaging Market, by Application

Chapter 6 Global Compostable Packaging Market Analysis by Regions

Chapter 7 North America Compostable Packaging Market Analysis by Countries

Chapter 8 Europe Compostable Packaging Market Analysis by Countries

Chapter 9 Asia Pacific Compostable Packaging Market Analysis by Countries

Chapter 10 Middle East and Africa Compostable Packaging Market Analysis by Countries

Chapter 11 South America Compostable Packaging Market Analysis by Countries

Chapter 12 Competitive Landscape

Chapter 13 Industry Outlook

Chapter 14 Global Compostable Packaging Market Forecast

Chapter 15 New Project Feasibility Analysis

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