Albany, NY -- (SBWIRE) -- 08/12/2016 -- Recyclable packaging uses materials such as paper, plastic, metal, and glass that can be easily bent or molded as needed. Increased awareness regarding the use of eco-friendly products makes it a preferred choice of customers over conventional products. The recyclable packaging produces fewer toxic emissions, which is one of the major advantages. With increased environmental concerns worldwide and the need to reduce toxic emissions, recyclable packaging is increasingly being adopted by the food and beverages, healthcare, and personal care industries.

Technavios analysts forecast the global recyclable packaging materials market to grow at a CAGR of 7.36% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global recyclable packaging materials market for 2016-2020. To calculate the market size, the report considers the revenue generated from types of recyclable materials and types of end-users is taken into consideration.

The market is divided into the following segments based on geography:

APAC
Europe
North America
ROW

Technavio's report, Global Recyclable Packaging Materials Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Amcor
Graham
International Paper
Mondi
Tetra Laval

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Other prominent vendors
Ardagh
BeGreen Packaging
Bemis
Berkley International Packaging
Biomass Packaging
Biopac UK
Clondalkin
DS Smith
EnviroPAK
Evergreen Packaging
Georgia Pacific
Gerresheimer
Huhtamaki
Kruger
Nampak
Pratt Industries
Ranpak
SABIC
Sealed Air
Smurfit Kappa

Market driver
Increased demand from food and beverages industry
For a full, detailed list, view our report

Market challenge
Lack of awareness among consumers
For a full, detailed list, view our report

Market trend
Need to eliminate waste and innovative packaging products
For a full, detailed list, view our report

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