Global Sustainable Packaging Market Size is estimated to expand rapidly in coming years, at a CAGR of 7.5 % from 2018 to 2025. In 2017, the global market valuation was USD 205.6 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Sustainable packaging does not just contribute significantly to keeping the product's shelf-life but also decreases negative environmental effects, which are essential for products using non-bio-degradable paper products. The 5 viable product R’s include: removing, reducing, recycling, renewing, reutilizing. The environmentally friendly footprint of sustainable packaging is also reduced. This offers a platform for environmentally friendly, safe and judicious shipping approach.
Almost every sector has the implementation of sustainable packaging, but it is largely involved in the sector such as, for example, food & drinks, FMCG, retail, wholesale, healthcare, etc. The fresh packaging idea has also created a fresh dimension for technologies that provides entrepreneurs with plenty of opportunity to discover different aspects that remain untapped. Environmental awareness amongst customers is the maneuvering thrusters for this sector. The safety of the atmosphere has been affected by non-biodegradable plastics, which caused several negative impacts, such as soil pollution, sites of depletion and soil fertility. The latest economic situation has been affected. Strict legislation on the use of plastic sacks and suppliers introduced by most countries.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global sustainable packaging market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global sustainable packaging market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
By Material Insights: On the basis of material, global sustainable packaging market has been segmented into paper & paperboard, plastic, metal, glass. Among which paper and paperboard segment has accounted for largest share in the global market of sustainable packaging. There are business drivers such as public reuse and recovery projects, the downsizing of packaging and fresh technology breakthroughs.
The sustainable packaging market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In the context of the elevated number of packaging producers and increasing the disposable revenue of customers, the European area is projected to account for the greatest percentage in the viable packaging industry.
The region is forecast to have the largest percent consumption of packaging in North America as sustainable packaging industry. The MEA area is projected to add to viable product markets with tiny but quickly increasing business share. In the forecast period, there is anticipated to be modest growth in sustainable packaging markets in the Latin American area.
Global Sustainable Packaging Market Size, Share Analysis by Region 2017
Global Sustainable Packaging Market Study Objective
1. To forecast the market size of sustainable packaging market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of sustainable packaging market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of sustainable packaging market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of sustainable packaging market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the sustainable packaging market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Sonoco Products Company, Amcor Limited, Gerresheimer AG, Smurfit Kappa Group PLC, Ball Corporation, Ardagh Group S.A, Crown Holdings, Inc., WestRock LLC, DS Smith Plc, The Mondi Group plc, International Paper Company, Berry Global Inc, Bemis Company, Inc., Sealed Air Corporation, Reynolds Group Holdings Ltd, Tetra Pak International S.A, Genpak LLC, Huhtamaki OYJ, Tetra Laval International S.A., and Reynolds Group are some of the key players in the market of sustainable packaging.
Global Sustainable Packaging Market Study Report Offer You!
The global sustainable packaging market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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