Green Packaging Demand To Reach $43 Billion in 2013


US demand for green packaging is projected to increase 3.4%/yr to $43.9 billion in 2013, using 59 billion lb of material, according to a new study from The Freedonia Group. Growth will outpace overall packaging but will remain modest due to the maturity of many products and the fact that recycled content packaging has a large existing presence in paperboard and metal packaging.

The fastest gains are anticipated for biodegradable plastic packaging and plastic recycled content packaging. Biodegradable plastic packaging is forecast to climb nearly 13%/yr through 2013, driven by increased price competitiveness with conventional resins, rapidly expanding capacity and lower pricing volatility than petroleum-based plastic packaging materials.

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