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  2. technavio says demand for sustainable packaging will be a key growth factor in the global recycled paper packaging market

technavio says demand for sustainable packaging will be a key growth factor in the global recycled paper packaging market

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By admin on Fri, 04/24/2015 - 16:44

londonbusiness wiretechnavio has published a new report on the global recycled paper packaging market, which is expected to grow at a cagr of 7.73 percent from 20152019.according to the latest report by technavio, consumers are increasingly choosing ecofriendly packaging products over conventional packaging. demand for sustainable packaging material is on the rise because of the growing affluent middle class population and a number of government initiatives in developing and developed countries.&ldquogrowing consumer awareness about recycling and the illeffects of plastic waste accumulation are expected to have a positive impact on the growth of the market during the forecast period,&rdquo says faisal ghaus, vice president of technavio.the new technavio report also emphasizes the growing demand for paper packaging products in china, which will influence the demand for recycled paper packaging products in the apac region as a whole. furthermore, governments of various countries worldwide are also implementing stringent regulations to encourage product recycling. &ldquothe extended producer responsibility policy has been implemented in many countries worldwide, and mandates that manufacturers pay for the recycling and safe disposal of their products, rather than forcing local government to foot the bill,&rdquo says ghaus.technavio currently has more than 3000 market research reports on a huge range of topics, includingblister packaging market in the us 20152019global paper and paperboard container and packaging market 20152019about technaviotechnavio is a leading global technology research and advisory company.founded in 2003, technavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. analysts obtain information using a combination of bottomup and topdown approaches, besides using inhouse market modeling tools and proprietary databases. they corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and endusers.if you are interested in more information, please contact our media team at media@technavio.com.contacttechnavio researchjes ellacottus 1 630 333 9501uk 44 208 123 1770media &amp marketing executivewww.technavio.commedia@technavio.com&nbsp

httpsuk.finance.yahoo.comnewstechnaviosaysdemandsustainablepackaging153500328.h…
plas-tech engineering - Supplier for COC/COP PFS Syringes
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