Analysis has included a new report in its repository titled “Biodegradable
Plastic Bags and Sacks Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2017 – 2022.”The report offers a broad in-depth
insights and analysis that are reinforced by a various range of data and vital
statistics. The research report presents in-depth analysis of the major
restraints and drivers and the factor inducing the Biodegradable Plastic Bags
and Sacks Market. According to the report, the predictable assessment of the
worldwide market for biodegradable plastic bags and sacks is US$1,470.5 Million
by the end of 2017.
Moreover, the report
presents that the market is escalating at 6.9% CAGR during the forecast period,
2017-2022. Thereby, the global market for biodegradable plastics bags and sacks isanticipated to attain a value of US$2,052.2 Million over
the coming years.
Factor governing the Global Biodegradable Plastic Bags
and Sacks Market
pollution from plastics that are derived from petroleum is adversely influencing
the surroundings is another factor responsible for the growth for the bags and
sacks made from biodegradable plastics. Also, the increasing requirement of the
food industry and medical sectors on eco-friendly plastic bags is prominent
factor responsible for the surge the demand for biodegradable plastics bags and
sacks. The escalating rule associated for the disposal for the other
traditional plastics and the growing countries are the major factor responsible
for the growth of the biodegradable plastics bags and sacks. Considerable
developments made in industrial skills and the usage of various preservative
resources are expected to expand the compostability and biodegradability of the
biodegradable plastics packaging over the assessed period.Additionally, the
report present a critical assessment of raw material sourcing strategies,
supply chain dynamics, cost structure and pricing and their influence on the
market force over the said period.
Global Biodegradable Plastic Bags and Sacks Market:
The report also divide the worldwide market for biodegradable plastic bags
and sacks into by material type, on the basis of end-user, based on product
type, and on the basis of region.
Based on material type, the research report further
bifurcated into starch blends polylactic acids (PLAs), polyhydroxyalkanoates
(PHAs), and others. Among all these, the PLA segment leads and is estimated to
maintain the dominance throughout the forecast period.
Based on product types, the research report divide the biodegradable plastic
bags and sacks market into lay flat bags, woven sacks, trash bags, gusseted bags, rubble sacks, T-shirt bags and
By end user, the reportfurther categorize the market
intoinstitutional, retail and consumer users and industrial.
On the basis of region, the report divides the market into Japan, North
America, Middle East & Africa (MEA), the Europe,Latin America and Asia
Pacific eliminating Japan (APEJ). Among all the region,Europeis anticipated to
dominate the worldwide market for biodegradable plastic bags and sacks market
over the forthcoming period.
The study report gives an in-depth insight into the
biodegradable plastic bags and sacks market share and size of severalproduct
type material type, and end user over the forecast period. This report also
presents wide-ranging summary of the segmental development, the report gives
the year-over-year (YoY) growth statistics during the forecast period of 2012-2017.
Global Biodegradable Plastic Bags and
Sacks Market: Key Competitors
The research report offers a detailed profiling of the key
competitors, anticipated several policies accepted by them to associate their
market shares, and also feature their total revenue share and size for the
coming year. The key companies mentioned in this report includes Wells Plastics
Ltd., Novolex, Shabra Group, JUNER Plastic packaging Co., Xtex Polythene Ltd.,SahachitWatana
Plastic Industry Co.,Ltd., Dagoplast AS, Symphony Polymers Pvt Ltd., International Plastics Inc., Sarah Bio Plast,
Ampac Holdings LLC, EXTRAPACK Ltd., Bulldog Bag Ltd., and Abbey Polyethene.