Los Angeles, CA -- (SBWIRE) -- 08/16/2019 -- In the past few years, manufacturers functioning in the packaging industry are focusing on adopting biodegradable packaging materials. The key reason for this changing trend is increasing awareness about preserving the environment and availability of recyclable choices. There is a wide range of materials that come under the category of biodegradable packaging that hold the characteristics of degradation and decomposition into natural material. Bio-based biodegradable materials are basically biopolymers, which is extracted from microorganisms and plants.
These are some of the popular biodegradable materials used for packaging: Chitosan, starch-based plastics, cellulose, polycaprolactone, and poly. These materials might contain a combination of pigments and synthetic materials to increase the functional characteristics of the final stage of packaging.
Ireland-based Smurfit Kappa Group's Step Forward towards Sustainable Business
The other key players operating in the global biodegradable packaging material market are keen to adopt cutting edge technologies to fulfill the growing demand for affordable yet highly-efficient biodegradable packaging solutions. Additionally, few advanced technological solutions are helping manufacturers in enhancing the suitability of their solutions made for biodegradable packaging. Following are some of the top manufacturers functioning in the market:
Kruger Inc., Smurfit Kappa UK Ltd., Toray Industries, Inc., International Paper Company, Stora Enso Oyj, WestRock Company, Amcor Limited, Mondi Limited, Tetra Pak International S.A, and DS Smith PLC.
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Market Segmentation
Material Type
? Paper & Paperboard
? Coated Unbleached Kraft Paperboard
? Bleached Paperboard
? Molded Fiber Pulp
? Recycled Paper
? Others
? Plastic
? Poly Lactic Acid (PLA)
? Polyhydroxybutyrate (PHB)
? Starch Based Plastics
? Fossil based polymer (PCL, PBAT, PBS etc.)
? Polyhydroxyalkanoates (PHA)
? Others
Application Type
? Trays
? Bags
? Boxes
? Clamshells
? Films
? Pouch
? Others
By Region
North America and Europe are the two regions that are likely to lead the market. North America is likely to be the key consumer of the biodegradable packaging material market. Ever increasing population is one of the prime reasons behind the growth of the market in the Asia-Pacific region. Governments' support in promoting biodegradable products is the key factor in India and China, which is responsible for the remarkable growth of the market.
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