31 May 2018
The Future of Biodegradable paper, Bio-based Plastics
The global biodegradable paper packaging materials market is forecast to grow at a CAGR of close to 11% from 2017 to 2021, according to a new market study from technavio.
The increased adoption of sustainable packaging products by retailers will increase the replacement of non renewable ones, says the report. Manufacturers and retailers that adopt biodegradable packaging materials will benefit through cost cuts and tax reductions.