The globalbiodegradable plastic packaging market estimated to reach US$1.8bn

摘要

THE biodegradable plastic packaging market is gradually gaining significance in the vast global packaging industry. Whilst the recession impacted demand for all types of packaging; upcoming environmental issues and diminishing fossil reserves have raised concerns, resulting in steady growth for biodegradable plastic packaging. Visiongain expects the global packaging market and in particular, the biodegradable plastic packaging market to demonstrate solid growth. Visiongain calculates that the global biodegradable plastic packaging market will reach $1.85bn in 2011.