Degradable plastic packaging by 2013, annual growth rate of nearly 13%

It is predicted that by 2013 U.S. demand for green plastic packaging will grow 3.4%. Statistics informed that the fastest growth is taking place is a bio-degradable plastic packaging and recyclable plastic packaging.

Bio-degradable plastic packaging is expected to rise in 2013 annual growth rate of nearly 13%, will promote the traditional bio-degradable plastic resin price competitiveness increased, the rapid expansion of production capacity, and reduce the price volatility of biodegradable plastics and petroleum-based plastic packaging materials.

In the recyclable plastic packaging and is expected to increase the overall average growth rate of joint green plastic packaging around the 3.3% annual growth rate, strong growth for the recycled plastic, plastic packaging content for more funding to work together to enhance the cycle collect the amount of recycled content. Reusable plastic packaging number predicted to be more slowly, 2.7% per year.

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