Global Green Packaging Market Expected to Reach $12.8 Billion By 2020


Posted September 23, 2016 by JIAOLIU

Since the demand for degradable packaging will continue to fuel the green packing market growth, according to research, demand for degradable packaging will grow at double-digit annually,

 
Since the demand for degradable packaging will continue to fuel the green packing market growth, according to research, demand for degradable packaging will grow at double-digit annually, that make is possible that World demand for green packaging is projected to grow at growth rate of 5.9% per year to reach $12.8 Billion by 2020.

Beyond the material, the basic reason to grow Green Packaging Market is that with increased environmental concerns worldwide and the need to reduce toxic emissions, green packaging is increasingly being adopted by the F&B, Healthcare, and Personal Care industries. This has resulted in high demand for green or sustainable packaging.

Green packaging is produced from sustainable, renewable, and recyclable raw materials. Green packaging technology uses materials such as paper, plastic, metal, and glass, which can be easily bent or molded as needed. One of the major advantages of green packaging is that it produces fewer toxic emissions.

On the basis of geography, North America has emerged as the biggest green packaging market in the world due to the favorable government policies encouraging the large-scale use of eco-friendly packaging. Furthermore, the global market is also significantly gaining from the rising demand in emerging economies of Asia Pacific such as India and China.

Global top Green Packaging companies such as E. I. Du Pont de Nemours, Tetra Laval, Crown holding, Biopack Environmental Solutions, Amcor, and Ball Corp etc.
Read Full Report: http://www.gosreports.com/global-green-packaging-industry-2016-market-research-report/

Joanna | Executive – International Business and partner Relations
E-mail: [email protected] | Tel: 510-400-8520
Web: www.gosreports.com
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Issued By Green Packaging
Website Green Packaging Market
Country China
Categories Industry
Tags green packaging , green packaging market , market
Last Updated September 23, 2016