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Market Entry - Biodegradable Plastic Market in India: Analysis of Growth, Trends and Progress (2020 - 2025)

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Today, each country envisages and aspires a greater economic dynamism and prosperity. And wants to be a creditor nation than being a debtor nation. But that is not easy to achieve. It depends on respective government’s public policy, political and sovereign power and the overall laws of the country. Lasting prosperity is a result of a persistent commitment to low tax rates, a stable currency, limited government, strong private property rights, openness to global trade and financial flows, and sensible regulation.

With a population of 1.252 billion, Indian economy is one of the fastest growing economies of the world and a founding member of SAARC and G4 nations. Some of the largest cities in India are Mumbai, Delhi, Bangalore, Hyderabad, Chennai, Jaipur, Ahmedabad, and Kolkata. The country have low per capita income of USD 1165 and USD 5238 in PPP terms. Biodegradable Plastic Market is expected to grow at a CAGR of xx.xx% to reach $xx billion by 2020.

Changing climatic condition and large disposable income has attracted large demographics to sea beaches around the country boosting the hotel industry in such locations. Today, carelessly discarded plastics bags around such beaches has raised several environmental problems, in the country.

The new environmental regulations, societal concern and increasing awareness have triggered the search for new products that are compatible with the environment.  Biodegradable plastic can plug such gaping hole between government and people. These polymers can be disposed off in a safe and ecological manner.

In emerging economies like India, such concept are new and much related to cost associated with it. The cost of biodegradable plastic are three to ten times more than production of conventional plastic which might hinder the market growth.

However, technological advancement and increasing demand from different sectors such as automobiles, packaging, healthcare, retail and agriculture, will lead to robust demand in Indian biodegradable plastic industry by 2020. Various regulation laid down by government and growing concern for environment will lead to increasing demand for biodegradable plastic in coming years. 

Increasing demand for biodegradable plastic in the region will lead to increasing demand for biodegradable masterbatches: key ingredients/raw material used in manufacture of biodegradable plastic, now being imported, will be manufactured majorly here in coming years, in order to meet the demand supply gap.       

Mordor Intelligence has the world’s most inclusive research on the Biodegradable Plastic market.  We monitor and analyze industry trends around the world, including in-depth analysis on market entry, market share and market size – from qualitative analysis to quantitative with market data. Mordor Intelligence data and market analysis supports your organization’s awareness of the Biodegradable Plastic market and the greater competitive atmosphere, ensuring accurate and focused strategies for your business.

Report on Biodegradable Plastics market helps the organizations looking forward towards market entry. It also helps existing organizations and entities and supports in strategy formation for nurturing your business.

A resource for your entire organization, Mordor Intelligence market research supports every level of business, assisting in strategic development, marketing, mergers and acquisitions, and brand management.

What the report offers

The study identifies the situation of India and predicts the growth of its Biodegradable Plastic Industry. Report talks about growth, market trends, progress, challenges, opportunities, government regulations, growth forecast, major companies, upcoming companies and projects etc. in the Biodegradable Plastic sector of India. In addition to it, the report also talks about economic conditions of and future forecast of its current economic scenario and effect of its current policy changes in to its economy, reasons and implications on the growth of this sector. Lastly, the report is segmented by different types of Biodegradable Plastic available in the country.

1.  Introduction

                1.1 Scope of the Report

                1.2  Regional Analysis

                                1.2.1 PESTEL Analysis

                                1.2.2 Analysis of Ease of Doing Bussiness

2. Market Dynamics

                2.1 Drivers

                2.2 Restraints

                2.3 Opportunities

3. Market Demand Analysis

                3.1 Socio-Economic Segmentation

                3.2 Demographic Strengths & Weaknesses

                3.3 Spending Patterns

                3.4 Target Market Identification

4. Market Size of Biodegradable plastics (USD millions)

                4.1 By Type

                                4.1.1 Polylactic acid (PLA)

                                4.1.2 Polybutylene succinate (PBS)

                                4.1.3 Polyhydroxyalkanoates (PHA)

                                4.1.4 Starch Based

                                4.1.5 Cellulose Derivatives

                4.2 By Application

                                4.2.1 Packaging

                                4.2.2 Textiles

                                4.2.3 Bio-Medicine

                                4.2.4 Agriculture and Horticullture

                                4.2.5 Construction

                                4.2.6 Automotive

                                4.2.7 Others

5. Market Entry

                5.1 Market Entry: The Strategy

                                5.1.1 Types of Entry Modes, by Market Entry Objectives

                                5.1.2 Competition Analysis

                                                5.1.2.1 Market Share

                                                5.1.2.2 Strategies Adopted, Recent Events

                                5.1.3 Pricing Strategy

                                5.1.4 Supply Chain Analysis

                                                5.1.4.1 Trade (Import-Export Analysis)

                                                5.1.4.2 Distribution Network & Retail Analysis

                5.2 Market Entry: The Administration

                                5.2.1 How to Register a Company (Flowchart)

                                5.2.2 Registration Processes

                                                5.2.2.1 Ministries Involved

                                                5.2.2.2 Criteria and Conditions

                                5.2.3 List of Forms & Documents

                                5.2.4 Product Control Guidelines specified by the Government

6. Sources

7. Disclaimer

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