The Growth In Global Demand For Recycled Paper Packaging

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Packaging firms like Paper Mart need to increase their production of recycled paper packaging due to the growing demand among consumers. Consumers are today are becoming more environmentally conscious and their preferences for recycled packaging materials is making an impact on packaging manufacturers.
According to Research and Markets, the world’s largest market research store, the global market for recycled paper packaging is expected to grow at a CAGR of 7.73% over a 5-year period from 2014 to 2019. The report is based on in-depth market analysis and input from industry experts in the America’s and the APAC and EMEA regions.

According to the report, one of the major trends in the emerging markets is the growth of recycled paper packaging in the APAC region primarily due to the increased production of paper and pulp. This allows packaging companies to increase their production of recycled paper materials to meet the demands of discerning customers in the emerging markets as well as global markets.
One of the major factors that fuel the growth of recycled packaging materials is government initiative to reduce the use of plastics in packaging. Consumers have also become more aware about recycling and the negative effects of plastic that have accumulated in landfills.

However manufacturers of recycled packaging materials are challenged by the considerable gap between supply and demand. There is an overwhelming demand from consumers and retailers; however, packaging manufacturers are unable to meet the demand because they lack proper infrastructure and equipment. Consumers therefore have no choice but to look for alternative packaging products.

Recycled paper packaging makes use of paper products that have been derived from paper waste generated by end consumers or from waste that have been generated by other paper packaging manufacturers. Paper is a material that can be recycled up to 10 times in the reproduction of new products that can be used for various applications aside from packaging. Paper recycling provides a lot of advantages to manufacturers from the reduction in the cost of packaging materials to the reduction of toxic emissions in the environment. Recycled paper packaging is increasingly being adopted by the food and beverage industry, health care and personal care industries.

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Boosting The Power Sector Through Huge Investments

Boosting The Power Sector Through Huge Investments

2014 was not a good year for power sector players in India. The Supreme Court has cancelled captive coal blocks which resulted into adequate fuel supply for the power sector. According to Debasish Mishra, Senior Director, Consulting, Deloitte, India, there were no offers for longer term power procurement bids and short term power rates have been dropping rapidly with inadequate tariff hikes. However, according to outlookindia.com, the government is looking at an investment of Rs 3 lakh crore which is about US$50 billion to boost power transmission and distribution business.

The newly elected Power Minister Piyush Goyal is extremely confident that 2015 will provide a new ray of hope to the power sector that has been facing issues with lack of investments, congestions in fuel supply and transmission problems. With the investment of Rs 3 lakh crore, it is expected that the whole transmission and distribution system will be enhanced to make sure that everybody gets their share of adequate power. Deen Dayal Grameen Jyoti Yojana of Integrated Power and Development Scheme believes that if the increase in coal production continues on the right track, all households will enjoy 24/7 power supply by March 2019, a target that is four years away.

Coal production which was among the reasons for the power issues faced in 2014 is on the upswing and electric generation has significantly increased. It is expected that the power sector will regain the confidence of investors. The power minister is positive about future investments to the tune of US$250 billion (Rs 15 lakh crore) in the next 4 to 5 years out of which US$100 billion will be for renewable energy to harness wind and solar energy. This will also speed up the growth of clean power generation. Power transmission which has not gained so much support in the past years will now be enjoying a significant role.

The objective is to modernize transmission and distribution infrastructures in order for targets to be accomplished. Distribution which is the weakness of the power sector will be receiving a new lease in life through amendments in the Electricity Act. Competition in the power sector will be encouraged by allowing the consumer to choose the power distribution company.

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