Asia-Pacific Biodegradable Paper and Plastic Packaging Market – Industry Trends and Forecast to 2028
Asia Pacific Biodegradable paper & plastic packaging market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 9.6% in the forecast period of 2021 to 2028 and expected to reach USD 1,594,084.79 thousand by 2028.
Biodegradable packaging is characterized as a means of ensuring that goods are 100% safe against natural degradation. Consumers are changing their choice from synthetic plastic to biodegradable paper & plastic packaging because it is a very eco-friendly product with a low environmental impact. In different sectors, including packaging, food and beverages and the healthcare sector, biodegradable packaging has various applications. A biodegradable packaging is manufactured based on the type of material which is required to store different kind of materials.
Asia-Pacific region is