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Dublin, June 04, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/tqfltq/global_recycled) has announced the addition of the "Global Recycled Paper Packaging Market 2015-2019" report to their offering.
The Global Recycled Paper Packaging market to grow at a CAGR of 7.73% over the period 2014-2019
Recycled paper packaging uses paper products as raw materials, which are derived from waste paper generated by end-consumers or wastage created during the production of other paper packaging products. It has many advantages such as reducing the cost of packaging material up to 40 percent. Paper is such a material that can be recycled up to 10 times to be reproduced as new products and used in different applications. With an increase in environmental concerns worldwide and increased need to reduce toxic emissions, recycled packaging is increasingly being adopted by the Food and Beverages, Healthcare, and Personal Care industries.
One of the major trends emerging in the market is the growth of the Recycled Paper Packaging industry in the APAC region because of an increase in the production of paper and pulp. Companies can increase their production of paper recycling materials and fulfill the demand generated in the emerging markets and worldwide.
According to the report, an increase in the demand for sustainable products because of several new government initiatives to reduce plastic use is one of the major factors fueling market growth. Growing consumer awareness about recycling and the ill-effects of plastic waste accumulation are also expected to have a positive impact on the growth of the market during the forecast period.
Further, the report states that one of the key challenges faced by the market is the considerable gap between demand and supply. There is huge demand from consumers and retailers, but suppliers are unable to meet these demands because of lack of proper infrastructure and equipment. This leads consumers toward alternative products.
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For more information visit http://www.researchandmarkets.com/research/tqfltq/global_recycled
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