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Biodegradable Packaging Market Comprehensive Research Analysis Report in Market Industry | Mondi plc. and Amcor Limited
January 30, 2021 GMT
Pune, Maharashtra, India, January 30 2021 (Wiredrelease) MarketResearch.Biz :Biodegradable Packaging Market 2021 Overview:
The report provides quantitative and qualitative information on the global Biodegradable Packaging market for the period of 2021 to 2030. Given the debilitating effect of COVID-19 (Coronavirus) on the Biodegradable Packaging market, groups are vying for opportunities to stay afloat inside the market landscape. Gain access to our present-day research analysis on COVID-19 related to the Biodegradable Packaging market and understand how market vendors are adopting new strategies to alleviatethe impactof the pandemic.
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Opportunities in the World Biodegradable Packaging Market to 2025 - COVID-19 Results in Shift Away from the the Sustainability of Banning Plastic
ResearchAndMarkets.com s offering. The Biodegradable Packaging Market was valued at USD 89.57 billion in 2019 and is expected to reach a value of USD 121.38 billion by 2025 at a CAGR of 5.3% over the forecast period (2020-2025). Biodegradable Packaging solutions are finding increasing application in packaging owing to its low environmental impact, growing focus on recyclability and sustainability, government emphasis on efficient packaging management, and rising consumer awareness coupled with an increasing ban on plastic.
With the outbreak of Covid-19, many companies have begun shifting away from the sustainability goal of banning plastic. Some studies have suggested that the virus can be passed on through cardboard and plastic, which has resulted in increased usage of single-use materials across supermarkets to wra