Chemical Research

  Biodegradable packaging refers to packaging materials that can be decomposed by bacteria or other living organisms. It mainly includes paper and paperboard, plastic, and others. Biodegradable packaging helps reduce the harmful environmental impact of plastics, as it decomposes after use without leaving behind any toxic residue. It also comes with added advantages such as moisture barrier properties and printability. The growing awareness about climate change and environmental protection has propelled the demand for sustainable alternatives to traditional plastic packaging. The global Biodegradable Packaging Market is estimated to be valued at US$ 40 Billion in 2023 and is expected to exhibit a CAGR of 20% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Sustainable packaging mandates by regulatory bodies across countries is a major trend fueling market growth. Many developed nations have proposed or al...

  The global Biodegradable Packaging Market is estimated to be valued at US$ 37,919.7 Mn in 2023 and is expected to exhibit a CAGR of 20% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Biodegradable packaging products are sustainable and environment-friendly. They degrade into water, carbon dioxide or biomass without leaving any toxic residues. They are used in packaging of food & beverages, pharmaceuticals and other consumer goods. The use of biodegradable packaging helps address the problem of non-degradable plastics waste. Market key trends: One of the key drivers of the  biodegradable packaging market  is the rising preference for eco-friendly packaging solutions among manufacturers and consumers alike. Growing concerns regarding environmental degradation caused by conventional plastics are prompting companies to adopt sustainable alternatives. Moreover, stringent regulations banning th...