“Recycled Packaging Materials market worth $153,303 million in 2019” says Visiongain report
29 March 2019
Visiongain’s new packaging report the Recycled Packaging Materials Market Report 2019-2029: Forecasts by Type (Metal, Paper & Paperboard, Glass, Plastic), by End-User (Food & Beverages, Personal Care, Healthcare, Others) PLUS Analysis on Leading Companies and Regional and Leading National Analysis with a Focus on China indicates that the global Recycled Packaging Material market will see $153,303mn in spending in 2019.
Re-using packaging helps in reducing the amount of raw materials used in the manufacturing process, reduces the volume of waste leading to huge landfills, helps in increasing the product life and saves the resources employed in recycling. However, it might take more energy to manufacture a container which is robust enough to withstand re-use than to produce an equivalent brand-new container. There are various other environmental impacts associated with re-use, such as washing, that should be considered. Using recycled materials such as glass, metals, plastics and paperboards for packaging will not only reduce the amount that may end up in landfills but also helps in reducing the carbon footprint of a packaged product.
The lead analyst of the report said: "The increasing awareness regarding environmental benefits of using recycled packaging materials such as metal, glass, plastic, paper & paperboard coupled with various government initiatives regarding recycling is expected to fuel the market growth of recycled packaging materials market."
The 168-page report contains 82 tables and 80 charts and graphs that add visual analysis in order to explain developing trends within the Recycled Packaging Materials market. Visiongain provides forecasts for the period 2019-2029 for the leading Recycled Packaging Materials market.
The 168-page report offers market forecasts and analysis for 18 leading national markets and the rest of the world market. Also, the report contains a dedicated leading companies’ chapter covering more than 16 companies leading the field in Recycled Packaging Materials.
The Recycled Packaging Material report will be of value to anyone who wants to better understand the Recycled Packaging Material market and its various segments. It will be useful for businesses who wish to comprehend the part of the market better they are already involved in, or those wanting to enter or expand into a different regional or technical part of the Recycled Packaging Materials industry.
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