Biodegradable Plastics Market Revenue | Share, Size, Trends, Analysis, Overview, Report Analysis, Growth, Review
The global biodegradable plastic packaging market Revenue size is anticipated to register a ~19.2% CAGR between 2021 and 2028 and reach an approximate value of USD 13.02 billion in 2028. Industry News In July 2021, Tetra Pak partnered with Stora Enso to launch the large-scale carton repulping line in Poland. The facility will more than triple Poland's annual recycling capacity of used beverage cartons from 25,000 to 75,000 tonnes. This facility will allow the recycling of the entire volume of beverage cartons sold in the country and neighboring countries, including Hungary, Slovakia, the Czech Republic, and others. In December 2021, Amcor, one of the leading players in developing and producing responsible packaging for food, beverage, pharmaceutical, medical, home, and personal-care industries, opened its greenfield packaging facility in Singapore. The facility will provide a solution to the increasing demand for healthcare packaging across the region. The new Singapore facili