Monday, March 4, 2019

Bioplastic Packaging Market Size, Share, Growth, Trends, Strategies, Analysis and Forecast 2016 to 2023: Credence Research

According to a new market report published by Credence Research “Bioplastic Packaging Market - Growth, Future Prospects, and Competitive Analysis 2016 - 2023,” the bioplastic packaging market has been estimated to be valued at US$ 6,765.9 Mn by the end of 2016, and is expected to reach US$ 46,490.5 Mn by 2023, expanding at a CAGR of 31.7% from 2016 to 2023.
Browse the full Bioplastic Packaging Market by Application, Product Type, and Geography - Growth, Future Prospects, and Competitive Analysis 2016 – 2023 report at https://www.credenceresearch.com/report/bioplastic-packaging-market
Market Insights
The requirement for sustainable and affordable packaging for varied range of products across different industry including food and beverage has inclined over the past few years. The bioplastic packaging has gained traction all over the world due to adaptation of the products by different manufacturers. The bioplastic packaging is different from non-bioplastic packaging as former degrades completely and quickly when decomposed without any poisonous emission. The sector of bioplastic packaging is a small segment and is at nascent stage when compared to overall packaging industry of the globe. However, recent advancement and change in techniques has upliftment the global biodegradable food packaging market. However, increasing consumer awareness related to utilization of biodegradable based products is anticipated to intensify the growth of the bioplastic packaging market till 2023.
Increasing significant environmental concerns all over the world due to increase in pollution along with higher consumer preferences for biodegradable material based products is anticipated to foster the growth of bioplastic packaging market over the forecast period. Apart from this, advanced production process and innovation in technology adopted by bioplastic packaging manufacturers is expected to spur the growth of overall bioplastic packaging market during the period 2016-2026.
Competitive Insights:
Bioplastic packaging market is segmented on the basis of product type such as Bio-PET, PLA and PLA Blends, Starch Blends, others. In 2015, Bio-PET segment contributed the highest revenue share of the total bioplastic packaging market. The starch blends packaging is anticipated to expand at a robust CAGR till 2023. The global bioplastic packaging market is further bifurcated by application which includes food & beverages, kitchen utensils, electronics industries, and others. Food and beverages segment marked the highest revenue share in bioplastic packaging market in 2015. Rising awareness towards sustainable and affordable packaging solutions as well as change in mindset of people i.e. preferences for recycled based products instead of synthetic one is anticipated to expand the growth of segment during the forecast period.
Key Trends:
  • New product development
  • Educating consumers about bioplastic packaging
  • Rising trends of eco-friendly products
Download Free Sample Request: https://www.credenceresearch.com/sample-request/58269
Table of Content
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Bioplastic Packaging Market
Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Rising demand for Eco-Friendly Products
3.2.2 Market Challenges
3.2.2.1 Stringent Government Regulations
3.2.3 Market Opportunities
3.2.3.1 Potential for Bioplastic Packaging growth in Middle East and Latin Amerian Region
3.3 Attractive Investment Proposition
3.4 Market Share Analysis of Key Manufactures in Global Bioplastic Packaging Market
Chapter 4 Global Bioplastic Packaging Market Analysis, By Application
4.1 Food & Beverages
4.2 Kitchen Utensils
4.3 Electronic Industries
4.4 Others
Chapter 5 Global Bioplastic Packaging Market Analysis, By Product Type
5.1 Bio-PET
5.2 PLA and PLA Blends
5.3 Starch Blends
5.4 Others
Download Request Free Customization: https://www.credenceresearch.com/request-for-customization/58269
Our Blog: http://www.tcnindustry.com/
About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph.: 1-800-361-8290
Website: http://www.credenceresearch.com

No comments:

Post a Comment

Bone Cement Market | Major players are Zimmer Biomet, Stryker Corporation, DePuy Synthes, Cook Medical, DePuy Synthes, Smith & Nephew

The latest market report published by Credence Research, Inc. “ Bone Cement Market  –  Growth, Future Prospects, and Competitive Analysis,...