Bioplastic Packaging Market Will Grow Owing to Enhanced Consumption in Beverages, Organic Foods Packaging Industries from 2014 to 2020: Grand View Research, Inc.
Bioplastic packaging market is expected to witness significant growth over the next six years on account of increasing packaging industry coupled with existence of stringent regulations for petroleum based plastics. Increasing consumption of bioplastics in various packaging applications mainly in beverages, organic foods and disposable utensils is expected to drive demand over next six years. Europe was the largest regional segment and accounts more than half of the global market share owing to its stringent regulations against the use of...
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