Sustainable Packaging Market worth 303.60 Billion USD, at a CAGR 7.17% by 2020

1. Sustainable Packaging Market worth 303.60 Billion USD, at a CAGR 7.17% by 2020 Sustainable packaging plays a very important part in retaining a long shelf life of products along with decreasing the negative impact of plastic and other chemical packaging on the environment. The sustainable packaging market is estimated to reach USD 303.60 Billion by 2020, with a projected CAGR of 7.17% from 2015 to 2020. Factors such as government initiatives towards reuse and recycling of packaging products, downsizing of packaging, and breakthrough in new technologies are driving the market. Degradable packaging is the fastest-growing process in the sustainable packaging market. In the material segment, paper & paperboard packaging is projected to grow at the highest rate. In terms of application, the food & beverage packaging segment is the fastest-growing segment, followed by the personal care packaging segment. Download PDF Brochure@ http://www.marketsandmarkets.com/pdfdownload.asp?id=177372752 Scope of the Report On the basis of material, the sustainable packaging market has been segmented as follows: Paper & Paperboard Plastic Metal Glass     On the basis of process, the sustainable packaging market has been segmented as follows: Recycled content packaging Reusable packaging Degradable packaging    On the basis of application, the sustainable packaging market has been segmented as follows: Food & Beverage packaging Healthcare packaging Personal care packaging Others (electronic appliances and home care packaging)     Sample Request: http://www.marketsandmarkets.com/requestsample.asp?id=177372752 The growing demand for environment friendly products, is a core factor that has been supplementing the growth of the global sustainable packaging market. 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. However, cost of recycling acts as a restraint to the market.

2. Growth in the economically improving Asia-Pacific region provides an opportunity to the sustainable packaging market to grow even further. Overcoming the problems caused due to fluctuations of raw material prices is a challenge faced by the sustainable packaging market. Key Players: Leading players in the sustainable packaging market include Amcor Limited (Australia), Bemis Company, Inc. (U.S.), Tetra Laval International S.A. (Switzerland), Mondi plc (South Africa), WestRock Company (U.S.), BASF SE (Germany), Sonoco Products Company (U.S.), Smurfit Kappa Group PLC (U.S.), Sealed Air Corporation (U.S.), and Huhtamaki OYJ (Finland). For a discussion on the above findings, Speak to Analyst@ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=177372752 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: MarketsandMarkets™ 701 Pike Street Suite 2175, Seattle, WA 98101, United States Email: sales@marketsandmarkets.com