Biodegradable Loose Fill Packaging Market report, by Material (Starch, Recycled Paper, and Others), by Application (Consumer Goods Packaging, Pharmaceutical Packaging, Cosmetics & Personal Care Products Packaging, and Others) - Size, Share, Trends, and Forecast till 2025

Published In : Sep 2018

Code : CMI2129

Pages :120

Formats :

Excel and PDF

Industry : Packaging

Biodegradable Loose Fill Packaging MarketSize and Trends

Loose fill packaging is important for safe shipping of packaged goods, as they fill empty spaces in the box and prevents products from damaging during transportation. There are various types of biodegradable loose fill packaging material available in the global market, such as starch and recycled papers

Biodegradable loose fill packaging is gaining popularity worldwide, owing to rising awareness regarding environmental concerns such as increasing pollution due to plastic waste. Manufacturing process of corn starch loose fill requires low energy and no chemical agents, thereby avoiding issues associated with harmful gas emissions. Thus, advantages of biodegradable loose fill packaging materials is one of the key factors, fuelling growth of the market.

Furthermore, rapid growth of packaging industry is anticipated to support the global biodegradable loose fill packaging market growth. For instance, according to data provided by Central Government of India, the packaging industry was pegged at US$ 25 Bn in 2016 and is expected to reach US$ 30 Bn by 2020, at a growth rate of 15% per annum. Thus, the overall growth of the packaging industry is expected to support the market growth of biodegradable loose fill packaging market as well.