Sustainable Packaging Market worth 303.60 Billion USD by 2020 – Exclusive Reports By MarketsandMarkets
The report “Sustainable Packaging Market by Material (Paper & Paperboard, Plastic, Metal, Glass), Process (Recycled, Reusable, Degradable), Function (Active, Molded Pulp, Alternate Fiber), Application (Food & Beverage, Healthcare, Others) & Layer - Global Forecast to 2020”, defines and segments the sustainable packaging market with analysis and forecasting of the global revenues for the sustainable packaging industry. It also identifies the driving and restraining factors of the market with analysis of trends, opportunities, and challenges.
Browse 218 market data tables and 58 figures spread through 270 pages and in-depth TOC on “Sustainable Packaging Market by Material (Paper & Paperboard, Plastic, Metal, Glass), Process (Recycled, Reusable, Degradable), Function (Active, Molded Pulp, Alternate Fiber), Application (Food & Beverage, Healthcare, Others) & Layer - Global Forecast to 2020”
The segmentation considered for this report is based on function, layer, process, material, application, and region. The market has been segmented based on material into paper & paperboard, plastic, metal, glass, and others (foamed plastics and wood) The market for paper & paperboard is projected to witness the highest growth from 2015 to 2020.
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The market has been further segmented based on application into food & beverage packaging, healthcare packaging, personal care packaging, and others (electronic appliances and home care packaging). Based on application, the food & beverage packaging segment is projected to grow at the highest rate from 2015 to 2020.
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The sustainable packaging market was valued at USD 201.60 Billion in 2014, at USD 303.60 Billion by 2020, and is projected to grow at a CAGR of 7.17% from 2015 to 2020. Factors such as stringent laws regarding sustainability, growing packaging industry, and change in consumer preferences towards sustainable and eco-friendly packaging materials drive the sustainable packaging market.
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