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 Market Introduction

The biodegradable packaging industry is gaining significant traction across several end-use industries due to their low carbon footprint. Majority of the materials that are used in this type of packaging are natural, which enables automatic degradation without the use of a catalyst, due to which they find huge application in the food and beverages industry.

According to Insights and Reports more than a million plastic bottles are purchased in less a minute across the globe and the number is slated to cross the 1 trillion mark by the end of 2022 and less than 50% of the bottles are used for recycling. Asia Pacific is the leading consumer for plastic bottles, therefore contributing more to the plastic pollution issue. The high demand for plastic bottles in the region is majorly due to the high consumption of bottled water and influence of the western culture for the on-to-go food and beverage products. Further, the high demand plastic bottles can also be attributed to the rising consumption of soft drinks.

Market Dynamics

The rising population is one of the key factors pushing the market growth for bio-degradable packaging at present. Rising population has led to the increased demand for bottled water consumption. According to Insights and Reports, approximately 500 billion plastic bottles were sold in 2016, out of which Coca Cola had made more than 100 billion bottles in the same year. Further, according to Insights and Reports, bottled water consumption amounted to 400 billion liters in 2017. Further, the volume consumption of ready to eat liquid breakfast products is projected to cross the 160 million liters mark by the end of 2019 These factors have given rise to concerns regarding plastic pollution and since the demand for plastic is unlikely to subside in the coming years, manufacturers and regulatory authorities are shifting their focus toward renewable alternatives, which in turn is fuelling market growth of the biodegradable packaging.

However, the growth of market is held back due to rising investments recyclable packaging solutions and low penetration rate of bio degradable packaging materials in the under developed and developing economies.

Market Segmentation and Analysis

Based on material type, the biodegradable packaging market has been classified into plastic and paper. Plastic has been further sub-divided into starch, cellulose, polylactic acid (PLA), polyhydroxyalkanoates (PHA), bio polyethylene (Bio-PE) and bio polyethylene terephthalate (Bio-PE) among others. Paper has been further sub-divided into corrugated paper, flexible paper, corrugated paper, and box-board among others. Plastics are anticipated to retain market dominance throughout the forecast period.

Based on end-use industry, the bio degradable packaging market has been classified into food & beverages, pharmaceuticals, personal care, e-commerce, home care, and automotive among others. Food & beverages accounted for the maximum market share in 2016 and is slated to retain market dominance throughout the forecast period.

Geographical Outlook

Europe led the bio-degradable packaging market in 2016 and is anticipated to retain market dominance throughout the forecast period. Factors such as rising concern towards the environment, stringent government regulations with regards to reduction of carbon footprint, research and development activities dedicating to the development of renewable alternatives are greatly fuelling the growth of the market at present. According to the European commission, Europe generates more than 25 million tons of plastic waste each year and less than 30% of the accumulated plastic are up for recycling. A directive passed by the European Union is expected to bring down plastic consumption in several member states by approximately 75% by the end 2020. This is expected to fuel the demand for bio degradable plastics and paper in the region.

For more information about this report @ http://www.insightsandreports.com/packaging-biodegradable-packaging-market.php

Asia Pacific, however is anticipated to project the fastest growth during the period from 2017 to 2025. India and China are world’s most densely populated countries, which has resulted in the high consumption of plastic, which in turn has contributed to pollution. India is making fair contributions to curb environmental pollution in the country. A directive passed by the Maharashtra Government, manufacturing and distribution of plastics and thermocol has been banned in the state, and it’s been done as an effort to reduce environmental pollution. This step has paved the way for the entry of bio-degradable paper and plastics, which is in turn is expected to boost market growth of bio degradable packaging in the country.

Competitive Landscape

Some of the key players operating in the field of bio degradable packaging include BASF S.E., Smurfit Kappa Group, Mondi Plc, Stora Enso OYJ, Amcor Group, Novamont S.p.A. and Reynolds Group Holdings Ltd.

About Us:

Insights and Reports is a research and consulting group assisting the clients with 360-degree insights with real time qualitative and quantitative information. The Insights and Reports team is valued for continuous client-oriented services. Our data scientists monitor the markets pertaining to their expertise on a daily basis with the help of 150+ analysts to back them with accurate market studies.

Contact Us:

Mr.Saby

Insights And Reports

2201 Cooperative Way #600,

Herndon, VA 20171, USA.

Tel: +1 703 574 4447

Email:sales@insightsandreports.com

Increasing demand for pollution free and green agricultural products has given rise to the demand for organic fertilizers market. The lexicon “organic’ has become an appealing trend in the modern agriculture and is generating a buzz in the market for fertilizers. Augmented demand for organic food along with the rapid development trend of using organic fertilizers instead of chemical fertilizers is expected to intensify the demand for organic fertilizers market. Organic fertilizers are made from the waste of animal, human and waste vegetable matter mostly, which are non-consumable or rotten. Naturally-occurring organic fertilizers entails animal matter from slurries, meat processing industries, peat and guano. This helps in reducing environmental damage as these organic fertilizers are mined from substances that are naturally-occurring in the nature. Organic fertilizers also reduce the chances of diseases in human beings as most of the fertilizers reach to human food from one way or the another. Some of the common organic fertilizers available in the market are bone meal, blood meal, earthworm castings, composites, fish emulsion, bat guano, feather meal, rock phosphate and alfalfa meal among others. Organic fertilizers are used according to the need of various nutrients for the crop.

The organic fertilizers market is expected to witness a sturdy growth during the forecast period from 2018 – 2025 owing to favorable observation from the farmers as well as government support such as price subsidies for using organic fertilizers as well as for setting up of organic fertilizer manufacturing unit. The production process of organic fertilizers as opposed to chemical fertilizer is slower and takes more time, however, production of organic fertilizers needs less investment and reaps high benefits. The above-mentioned reason is expected to drive the market for organic fertilizers in the near future. Additionally, the government of many nations have laid down subsidies in favor of the price of organic fertilizers such as the government of India under National Project on Organic Farming (NPFO) has agreed to provide financial assistance for setting up organic fertilizer manufacturing unit.. However, the production of organic fertilizers is heavily dependent upon the climate of the region thus, it can restraint the market growth of these fertilizers. Additionally, lower presence of nutrient in organic fertilizers as compared to chemical fertilizers can further hamper the market growth.

For more information about this report @ http://www.insightsandreports.com/agriculture-organic-fertilizers-market.php

North America is expected to hold a prime market share in the organic fertilizers market owing to availability of vast land for farming and suitable climatic conditions. Some of the major players in the market are Uniflor, Multiplex Group, CropAgro, BioSTAR Organics and Italpollina SPA among others.

About Us:

Insights and Reports is a research and consulting group assisting the clients with 360-degree insights with real time qualitative and quantitative information. The Insights and Reports team is valued for continuous client-oriented services. Our data scientists monitor the markets pertaining to their expertise on a daily basis with the help of 150+ analysts to back them with accurate market studies.

Contact Us:

Mr.Saby

Insights And Reports

2201 Cooperative Way #600,

Herndon, VA 20171, USA.

Tel: +1 703 574 4447

Email:sales@insightsandreports.com

Rising concern about plastic pollution has created an uplift regarding the transition towards the usage of eco-friendly packaging products. According to Insights and Reports, more than 165 million tons of plastics are used in the packaging industry and a relatively small amount is recycled. Further, increasing population has given rise to consumption of bottled water as well. 2016 witnessed a sale of approximately 500 million plastic bottles, which consequently has given rise to plastic pollution as well. Further, worldwide bottled water consumption amounted to 400 billion liters in 2017. These factors have urged the manufacturers to shift to sustainable packaging solutions, which in turn is paving the way for polyethyelene furanoate (PEF) as a suitable packaging material.

Polyethylene Furanoate (PEF) comprises of 70% biologically extracted furandicarboxylic acid (FDCA) and 30% biobased monoethylene glycol, which makes increases its biodegradability and poses lesser impact on the environment, therefore being a sustainable alternative for packaging solutions in the coming years. Fibers are expected to lead the market throughout the forecast period. However, the availability of bio-based PET is one of the major factors resulting in market slowdown.

Asia Pacific is expected to retain its position as the market leader throughout the forecast period, exhibiting a double digit growth during the forecast period from 2017-2025. According to Insights and Reports, China dominated the bottled water industry in 2016, generating retail sales of an excess of US$ 17.1 billion in the same year. Further, the country imported bottled water worth more than US$ 400 million in 2016. Rising tourism industry in the country has given rise to the consumption of bottled water, which in turn has resulted in higher incidences of pollution as well. These factors are expected to pave the way for polyethylene furanoate (PEF) in the coming years.

For more information about this report @ http://www.insightsandreports.com/polymers-and-resins-polyethylene-furanoate-market.php

Companies such as Groupe Danone S.A., The Coca Cola Company, ALPLA-Werke Alwin Lehner GmbH & Co KG have entered into a joint venture with Avantium Technologies B.V. to augment the development and commercialization of PEF for applications such as fibers, films and bottles. Avantium launched a technology called YXY which possess the ability to transform carbohydrates into various bio-based fuels and products, and this technology also manufactures 100% recyclable and bio-based PEF.

About Us:

Insights and Reports is a research and consulting group assisting the clients with 360-degree insights with real time qualitative and quantitative information. The Insights and Reports team is valued for continuous client-oriented services. Our data scientists monitor the markets pertaining to their expertise on a daily basis with the help of 150+ analysts to back them with accurate market studies.

Contact Us:

Mr.Saby

Insights And Reports

 2201 Cooperative Way #600,

Herndon, VA 20171, USA.

Tel: +1 703 574 4447

Email:sales@insightsandreports.com