The demand for recycled paper materials have been experiencing wide strides in the sustainable packaging market world over. With recyclability of packaging materials being of paramount significance in making any eco-friendly packaging, the packaging industry is abuzz with exciting demand for recycled paper as raw materials. The striking benefit of increased recyclability of waste paper and cardboards makes it a matter of choice in the area of sustainable packaging. Plus, the vast potential in creating new products by the continuous reuse make recycled paper packaging an interesting option.
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With proliferating demand in several industries and the rising popularity among end-use consumers, the global market for recycled paper packaging is headed for a bright future over the forecast period of 2016–2024, according to Transparency Market Research.
Which trends will keep the market for recycled paper packaging abuzz with excitement?
The pressing need for eco-friendly packaging that is also increasingly biodegradable is a key proposition behind the soaring demand for recycled paper packaging. The mounting concern of harmful emissions affecting wildlife and ecology at large has fortified the demand for eco-friendly packaging. The wide popularity of the kraft paper for packaging products that demand substantial durability and strength is a noteworthy trend bolstering uptake.
The soaring awareness among consumers about sustainable benefits of recycle paper in packaging will act as a potential factor accelerating the adoption among various end-use industries. Several government mandates and regulations to reduce the ecological footprint of the packaging value chain is also bolstering the demand for recycled paper packaging. In addition, the constant reduction of the cost of raw materials bodes well for manufacturers.
Which applications will fuel the demand for recycled paper packaging?
There is widespread popularity of recycled paper packaging in healthcare, personal care, and the food and beverages industries. In particular, there is an extensive demand for recycle paper packaging for food and beverages such as snacks, cookies, candies, tea leaves, and coffee. The ability to retain the freshness and flavor for these foods as well as the re-closing features of recycled paper packaging account for its high functional profile.
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