Global Green Packaging Market is Expected to Reach USD 177,733.0 Million in 2018: Transparency Market Research

Global Green Packaging Market is Expected to Reach USD 177,733.0 Million in 2018: Transparency Market Research PR Newswire ALBANY, New York, October 18, 2012 ALBANY, New York, October 18, 2012 /PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Green Packaging Market (Recycled, Reusable & Degradable) - Global Scenario, Trends, Industry Analysis, Size, Share and Forecast, 2011 - 2018," the global green packaging market was worth USD 108,750.0 million in 2011 and is expected to reach USD 177,733.0 million in 2018, growing at a CAGR of 7.6% from 2013 to 2018. In the overall global market, Europe accounted for the highest share worth USD 41,325.0 million in 2011 followed by North America, which accounted for USD 32,625.0 million in 2011. However, the highest growth in the forecasted period is expected to be witnessed in the Asia Pacific region, especially India and China, due to large population base, economic growth and rising awareness about green products. Browse the full report at http://www.transparencymarketresearch.com/green-packaging-market.html Key factors encouraging the move towards green packaging include growing awareness about carbon emissions, energy consumption and waste reduction targets implemented by different nations, rapidly growing economies, a dearth of natural resources, and consumers' preference for eco-friendly products.