Sustainable Packaging Market Provides a Wide Door of Opportunities, 2016 – 2022
Sustainable packaging finds its application in almost all industry verticals, but predominantly it has found a major stake in the industries such as, food & beverages, FMCG, retail trade, wholesale, Healthcare, etc. to name a few.
Sustainable packaging finds its application in almost all industry verticals, but predominantly it has found a major stake in the industries such as, food & beverages, FMCG, retail trade, wholesale, Healthcare, etc. to name a few.
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<strong>Sustainable</strong> <strong>Packaging</strong> <strong>Market</strong> <strong>Provides</strong> a <strong>Wide</strong><br />
<strong>Door</strong> <strong>of</strong> <strong>Opportunities</strong>, <strong>2016</strong> <strong>–</strong> <strong>2022</strong>
P e r s i s t e n c e M a r k e t R e s e a r c h<br />
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<strong>Sustainable</strong> <strong>Packaging</strong> <strong>Market</strong>, <strong>2016</strong> - <strong>2022</strong> Page |
P e r s i s t e n c e M a r k e t R e s e a r c h<br />
Report Media Releases<br />
<strong>Sustainable</strong> <strong>Packaging</strong> <strong>Market</strong> <strong>Provides</strong> a <strong>Wide</strong> <strong>Door</strong> <strong>of</strong><br />
<strong>Opportunities</strong>, <strong>2016</strong> <strong>–</strong> <strong>2022</strong><br />
<strong>Sustainable</strong> packaging not only plays an important role in maintaining the shelf life <strong>of</strong> the product but also reduces<br />
adverse effect on environment, which is prominent with the use <strong>of</strong> non-bio degradable plastic materials for packaging.<br />
The five R’s <strong>of</strong> sustainable packaging are: Remove, Reduce, Recycle, Renew, Re-use. <strong>Sustainable</strong> packaging also<br />
reduces the ecological foot print. This in turn, provides a platform for ec<strong>of</strong>riendly, healthy and judicious methodology for<br />
packaging.<br />
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<strong>Sustainable</strong> packaging finds its application in almost all industry verticals, but predominantly it has found a major stake<br />
in the industries such as, food & beverages, FMCG, retail trade, wholesale, Healthcare, etc. to name a few. This new<br />
concept <strong>of</strong> packaging has also brought in a new dimensions for innovations giving a whole lot <strong>of</strong> opportunities for the<br />
entrepreneurs to explore various untapped dimensions in this field.<br />
The key drivers for this industry are rise in environmental consciousness among the consumers. Non-biodegradable<br />
plastic has proved detrimental towards the health <strong>of</strong> the environment, by causing various ill effects such as soil pollution,<br />
landfill, and loss in soil fertility. This has impacted on the recent social scenario. Stringent laws implemented by most<br />
<strong>of</strong> the nations over the use <strong>of</strong> plastic bags & carriers. Countries like South Africa, Uganda, Somalia, Rwanda<br />
Botswana, Kenya & Ethiopia all have implemented total ban over the usage <strong>of</strong> plastic bags. The increase in consumer<br />
demand for use <strong>of</strong> green packaging for organic foods is also a key driver in the sector. Various companies across the<br />
world such as Hovis has launched bread packed using renewable polyethylene. Gillette razors, Dixie Egg Company,<br />
Wolfgang Puck C<strong>of</strong>fee, etc. has come up with amazing packaging formats. These packaging style, which would not<br />
only be eco-friendly, but also would grab eyes <strong>of</strong> the customer.<br />
The key restraints for this industry could be over capacity. Owing to its cheaper price, non-bio degradable plastic bags<br />
are still considered to be the best and the most desired packaging material globally. Hence packaging companies are<br />
not able to match the selling volume with their production capacity. Raw materials such as Bio-based monomers, liquid<br />
bi<strong>of</strong>uels, cellulosic and recyclable fiber, bio-polymers used in films, additives, and barriers are much expensive. This in<br />
turn increases the cost to consumers. The most latest trends for this industry are the preference <strong>of</strong> light weighted<br />
packaging material over bulky ones, increase in the recycling <strong>of</strong> bio waste and innovative and improved packaging<br />
processes.<br />
The sustainable packaging industry provides a wide door <strong>of</strong> opportunities for the suppliers as well as for the<br />
manufacturers. The suppliers <strong>of</strong> can provide raw material to the new players in the market who have invested in the<br />
sustainable packaging industry such as Dell. Dell has start shipping its products in packaging with fungus material<br />
combined mushroom & wheat straw.<br />
Global <strong>Sustainable</strong> <strong>Packaging</strong> Industry is segmented by: Product, Material, Function, Application, and Region<br />
<strong>Sustainable</strong> <strong>Packaging</strong> Industry by type<br />
By Product Type<br />
Degradable<br />
Recycled<br />
Re-usable<br />
By Material Type<br />
<strong>Sustainable</strong> <strong>Packaging</strong> <strong>Market</strong>, <strong>2016</strong> - <strong>2022</strong> Page |
P e r s i s t e n c e M a r k e t R e s e a r c h<br />
<br />
<br />
<br />
<br />
Paper<br />
Plastic<br />
Metal<br />
Glass<br />
By Functional Type<br />
Active<br />
Molded Pulp<br />
Alternate Fiber<br />
By Application<br />
Food & Beverages<br />
Health care<br />
Personal care<br />
By Region<br />
Asia Pacific<br />
Europe<br />
North America<br />
Latin America<br />
The Middle East & Africa<br />
It is expected that the biggest growth in sustainable packaging industry would be in the Asia Pacific market, largely<br />
driven by India & China. This is due to the increase in health awareness among the middle class population which has<br />
the maximum share in the total population <strong>of</strong> these nations and also due to the growth that these economies are<br />
experiencing presently.<br />
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There are a multiple number <strong>of</strong> players in the sustainable packaging industry. Among them the big names are: Bemis<br />
Ltd, Mondi PLC, Amcor Ltd, West rock company, Tetra laval international, Sealed Air corporation, Smurfit Kappa Group,<br />
BASF SE, Sonocco products etc.<br />
The report covers exhaustive analysis on:<br />
<strong>Sustainable</strong> <strong>Packaging</strong> Industry Segments<br />
<strong>Sustainable</strong> <strong>Packaging</strong> Industry Dynamics<br />
Historical Actual <strong>Market</strong> Size, 2013 - 2015<br />
<strong>Sustainable</strong> <strong>Packaging</strong> Industry Size & Forecast <strong>2016</strong> to <strong>2022</strong><br />
Supply & Demand Value Chain<br />
<strong>Sustainable</strong> <strong>Packaging</strong> Industry Current Trends/Issues/Challenges<br />
Competition & Companies involved<br />
Technology<br />
Value Chain<br />
<strong>Sustainable</strong> <strong>Packaging</strong> Industry Drivers and Restraints<br />
Regional analysis for <strong>Sustainable</strong> <strong>Packaging</strong> Industry includes:<br />
North America<br />
Latin America<br />
Europe<br />
Asia Pacific & Japan<br />
The Middle East and Africa<br />
<strong>Sustainable</strong> <strong>Packaging</strong> <strong>Market</strong>, <strong>2016</strong> - <strong>2022</strong> Page |
P e r s i s t e n c e M a r k e t R e s e a r c h<br />
Report Highlights:<br />
Shifting Industry dynamics<br />
In-depth market segmentation<br />
Historical, current and projected industry size Recent industry trends<br />
Key Competition landscape<br />
Strategies <strong>of</strong> key players and product <strong>of</strong>ferings<br />
Potential and niche segments/regions exhibiting promising growth<br />
A neutral perspective towards market performance<br />
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