DUBLIN, May 1, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/zt3dc6/biodegradable) has announced the addition of the "Biodegradable Packaging Market by Packaging Type, Applications & Geography - Global Trends & Forecast to 2019" report to their offering.
Biodegradable packaging is defined as a means of providing a 100% naturally degradable protection used primarily for presentation, identification, information, and convenience for products from the moment of production until it is used or administered. Biodegradable packaging differs significantly from conventional non-degradable packaging. When deposited in a landfill, the biodegradable packaging degrades completely, relatively quickly, without any harmful emissions during the degradation process, and without the presence of any external catalysts.
The biodegradable packaging material choice drives the packaging product's properties, appearance, and consumer attributes. The primary and secondary packaging of products is directly associated to their production and constitutes an integral part of the value-added process, while tertiary packaging is related to the logistics. The primary biodegradable packaging comes directly in contact with the actual product and hence, should show good retaining properties as per the product's requirement. Secondary biodegradable packaging includes boxes, films, bags, or containers in which the product along with its primary packaging are packed. Unlike primary packaging, secondary packaging is primarily used to improve the attractiveness and convenience of carrying the product.
The global biodegradable packaging market by product type and application has witnessed a significant growth in the past few years, and this growth is estimated to persist in the coming years. The biodegradable paper packaging products constitute majority of the market globally. While the food packaging application segment contributes largely to the biodegradable plastic packaging market, beverage packaging will drive the future growth in the biodegradable plastic packaging industry.
Europe and North America dominated the biodegradable packaging market in 2013 and accounted for over 65% of the market. These developed regions dominate the packaging market due their mature markets which consist of environment conscious and high-spending population. Biodegradable plastic packaging market is expected to show the double-digit growth rate by 2019. This market is spurred by the large populations of North America, Europe, China, and India that are experiencing increased contract manufacturing activities, proactive switching from conventional non degradable packaging to biodegradable packaging materials, and increased government interest in promoting the use of these products by providing certain incentives for the use of the same in certain regions.
Largely, the biodegradable packaging market is fragmented in nature with leading participants such as International Paper, Mondi Group, BASF SE, Smurfit Kappa Group, Stora Enso, Novamont, and RockTenn.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Biodegradable Packaging Market Overview
5 Biodegradable Packaging Market Assessment, By Type
6 Biodegradable Packaging Market Assessment, By Application
7 Biodegradable Packaging Market Assessment, By Geography
8 Competitive Landscape
9 Company Profiles
- BASF SE
- Clearwater Paper Corporation
- Georgia-Pacific LLC
- International Paper
- Kruger Inc.
- Mondi Group
- Natureworks LLC
- Novamont S.P.A
- Smurfit Kappa Group
- Stora Enso
For more information visit http://www.researchandmarkets.com/research/zt3dc6/biodegradable
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SOURCE Research and Markets