Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report analysing the green packaging industry in the US.
The report “Green Packaging: US industry forecasts for 2013 & 2018”, available at http://www.reportbuyer.com/
The 343 page report shows that advances for green packaging will be driven by the increased prominence of environmental issues as a result of elevated raw material and fuel costs in the past several years. This has resulted in heightened activity among product manufacturers to make their products and related packaging more environmentally friendly.
Authors of the report note that much of the increased activity in green packaging has been driven by Wal-Mart, which unveiled its Packaging Scorecard in November 2006. The scorecard was implemented in February 2008 and is used by Wal-Mart to evaluate the packaging used by suppliers in terms of its eco-friendliness, including factors that reduce waste as well as packaging and
transportation costs.
Furthermore, the fastest gains are anticipated for biodegradable plastic packaging and plastic recycled content packaging. Growth for biodegradable plastic packaging will be driven by price competitiveness with conventional resins, rapidly expanding capacity and lower pricing volatility than petroleum-based plastic packaging materials.
The report highlights that the largest markets for green packaging are food, consumer products and beverages, which together represented two thirds of total green packaging demand in 2008. However, the fastest growing markets through 2013 will be the foodservice and shipping markets.
The report “Green Packaging: US industry forecasts for 2013 & 2018” is available from Report Buyer at:
http://www.reportbuyer.com/
Report Buyer product ID: FED00267
