Europe Biodegradable Paper and Plastic Packaging Market is forecasted to grow at 7.8% CAGR with factors such as rising advancement and innovations in biodegradable paper and plastic packaging.
Europe biodegradable paper and plastic packaging market has shown an exceptional penetration in countries such as Germany, France, and the U.K. In the European region, the production of cost-effective biodegradable packaging products is expected to create opportunities for the market.
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According to Data Bridge Market Research, the Europe biodegradable paper and plastic packaging market in Germany has the highest market share, followed by France and the U.K. The market leader is Smurfit Kappa which accounts for an estimated market share of approximately 14.84% in the Europe biodegradable paper and plastic packaging market. The company has gained outstanding sales through innovative biodegradable paper and plastic packaging products for several end users.