the name of the report is &ldquogreen packaging market recycled, reusable & degradable global scenario, trends, industry analysis, size, share and forecast, 2011 &ndash 2018". it predicts a compounded annual growth rate cagr of 7.6 from the year 2013 to 2018. the worth of green market is 2011 was over 108 million. the europe accounted for the maximum share with 41.3 million. north america was on the second rank with 32.6 million. however, due to a large population, the biggest growth is expected in countries like china and india. growing economy and increasing awareness will be added influential factors to increase their share in the global green packaging market. due to less land for landfills and high regulatory barriers, europe will be close behind. it is expected that the developed countries like us and japan will see a slow growth rate. the increase in green packaging market is due to growing awareness for environmental issues like energy consumption, scarcity of natural resources, carbon emission, and customer&rsquos preference for the environment friendly products. the packaging industry has experienced great changes, over the past few years. however, the situation in uk is grey, which represents 20.1, of all waste that is generated each year, at 5.91 million tones. recycled packaging is counted for the highest market share, which is growing at a cagr of 6.9 from 2013 to 2018. during this period, degradable and reusable packaging is expected to see a soaring growth rate in the asia pacific region. however, the report alerts that the expansion could be restrained by inadequate consumer demand, regulatory concerns and inadequate recycling infrastructure. on the other hand, cost saving processes, large consumer base, growing beverage and food industry and modernized packaging technology will be an advantageous situation for companies that work in a green packaging market. despite the fact that the research predicts slow growth in recycled packaging, in the region of north america, this area is expected to see the high growth in reusable packaging due to higher manufacturing cost and former high energy consumption. source of information httpwww.environews.comnewsgreenpackagingmarketexpectedtoreach177.html
