Sustainable Plastic Packaging Market Insights
The global sustainable plastic packaging market is estimated to witness a significant CAGR during the forecast period (2020-2026). Growing demand for greener products, along with increasing demand for recyclable goods are some of the major factors expected to drive the growth of the sustainable plastic packaging market. Moreover, the downsizing of packaging is one of the significant factors expected to propel the market growth. The growing e-commerce industry across the globe is expected to propel the market during the forecast period. It helps grow the need for innovative packaging and improve supply chain management. Moreover, the applications of sustainable plastic packaging are food & beverage products, and healthcare among others. However, rising concern regarding complex handling & packaging processes, poor infrastructure facilities for recycling, stringent environmental norms, by the government is likely to hamper the market growth during the forecast period.
Sustainable Plastic Packaging Market Size: By Packaging Type
Based on the packaging type, the global sustainable plastic packaging market is segmented into rigid, flexible, and industrial. The rigid segment is expected to hold the largest market share during the forecast period. Rigid plastics have an advantage on recyclability over flexible packaging. Rigid plastic packaging (bottles, tubs, cups etc.), are usually for residential consumer use, and manufactured from plastic polymers based on fossil hydrocarbons.
Sustainable Plastic Packaging Market Size: By Process
Based on process, the global sustainable plastic packaging market is segmented into biodegradable, reusable, and recyclable. The biodegradable segment is expected to grow at a high CAGR in terms of volume during the forecast period. Biodegradable plastics may consist of bioplastics made from renewable raw materials. Biodegradable packaging presents an opportunity for growth, as more people show interest in green living. Biodegradable packaging can reduce water use, solid waste, electricity, and emissions.
Sustainable Plastic Packaging Market Size: By End-Use
Based on end-use, the global sustainable plastic packaging market is segmented into food & beverage, personal care, and healthcare, among others. The food & beverage segment is expected to grow at a high CAGR during the forecast period. Growing shelf-life of food products and reduce food loss are some of the factors expected to fuel the market growth during the forecast period. The number of companies using recycled plastic (rPET) in their bottle design is increasing, thereby boosting the market growth. Growing healthcare awareness of sustainable plastic packaging in the food & beverage industry is propelling the market growth as well.
Sustainable Plastic Packaging Market Size: By Region
Based on region, the market for sustainable plastic packaging is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America. Asia-Pacific region is expected to grow at the highest CAGR during the forecast period due to low-cost packaging options. Significant growing developmental activities are expected to drive the market during the forecast period. Japan is engaged in the recycling of plastic waste, which is one of the significant factors to drive the market. Furthermore, growing e-retail sales, along with the growing convenience of food packaging is expected to drive the sustainable plastic packaging market during the forecast period. Growing population, cheap labor and manufacturing costs, coupled with technological advancements in the food & beverage industry, are some of the key factors influencing the market growth of sustainable plastic packaging in the region.
Sustainable Plastic Packaging Market Share & Competitor Analysis
Some of the key players operating in the sustainable plastic packaging market include: Amcor Plc, Sonoco Products Company, Constantia Flexibles, Genpak Llc, Plastic Suppliers Inc., Natureworks LLC, Sealed Air Corporation, Huhtamaki Oyj Berry, Global Group Inc., Smurfit Kappa, Mondi Plc, Uflex Ltd., Phoenix Technologies, Essel Propack, Gerresheimer AG, Novamont S.P.A, Innovia Films, Tetra Laval, and Reynolds Packaging, among others
Please note: This is not an exhaustive list of companies profiled in the report.
- In August 2019, Mondi PLC launched web platform namely myMondi.net for outstanding print and design to mark their uncoated fine paper (UFP) brands
Check the Press Release on Global Sustainable Plastic Packaging Market Report
Sustainable Plastic Packaging Market: By Packaging Type
- Introduction
- Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- Rigid
- Rigid: Sustainable Plastic Packaging Market, 2020-2026 (USD Million)
- Flexible
- Flexible: Sustainable Plastic Packaging Market, 2020-2026 (USD Million)
- Industrial
- Industrial: Sustainable Plastic Packaging Market, 2020-2026 (USD Million)
Sustainable Plastic Packaging Market: By Packaging Format
- Introduction
- Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- Primary packaging
- Primary packaging: Sustainable Plastic Packaging Market, 2020-2026 (USD Million)
- Secondary packaging
- Secondary packaging: Sustainable Plastic Packaging Market, 2020-2026 (USD Million)
- Tertiary packaging
- Tertiary packaging: Sustainable Plastic Packaging Market, 2020-2026 (USD Million)
Sustainable Plastic Packaging Market: By Process
- Introduction
- Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- Biodegradable
- Biodegradable: Sustainable Plastic Packaging Market, 2020-2026 (USD Million)
- Recyclable
- Recyclable: Sustainable Plastic Packaging Market, 2020-2026 (USD Million)
- Reusable
- Reusable: Sustainable Plastic Packaging Market, 2020-2026 (USD Million)
Sustainable Plastic Packaging Market: By End-Use
- Introduction
- Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
- Food & beverage
- Food & beverage: Sustainable Plastic Packaging Market, 2020-2026 (USD Million)
- Personal care
- Personal care: Sustainable Plastic Packaging Market, 2020-2026 (USD Million)
- Healthcare
- Healthcare : Sustainable Plastic Packaging Market, 2020-2026 (USD Million)
- Others
- Others: Sustainable Plastic Packaging Market, 2020-2026 (USD Million)
Sustainable Plastic Packaging Market: By Region
- Introduction
- Global Sustainable Plastic Packaging Market, Regional Analysis, 2020-2026 (USD Million)
- North America
- North America Sustainable Plastic Packaging Market, Regional Analysis, 2020-2026 (USD Million)
- By Packaging Type
- North America Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- North America Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- North America Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By End-Use
- North America Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
- By Country
- U.S
- By Packaging Type
- U.S Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- U.S Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- U.S Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By End-Use
- U.S Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
- Canada.
- By Packaging Type
- Canada Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- Canada Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- Canada Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By End-Use
- Canada Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
- Mexico
- By Packaging Type
- Mexico Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- Mexico Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- Mexico Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By End-Use
- Mexico Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
- Europe
- Europe Sustainable Plastic Packaging Market, Regional Analysis, 2020-2026 (USD Million)
- By Packaging Type
- Europe Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- Europe Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- Europe Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By End-Use
- Europe Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
- By Country
- Germany
- By Packaging Type
- Germany Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- Germany Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- Germany Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By End-Use
- Germany Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
- UK
- By Packaging Type
- UK Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- UK Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- UK Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By End-Use
- UK Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
- France
- By Packaging Type
- France Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- France Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- France Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By End-Use
- France Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
- Italy
- By Packaging Type
- Italy Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- Italy Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- Italy Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By End-Use
- Italy Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
- Rest Of Europe
- By Packaging Type
- Rest Of Europe Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- Rest Of Europe Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- Rest Of Europe Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By End-Use
- Rest Of Europe Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
- Asia Pacific
- Asia Pacific Sustainable Plastic Packaging Market, Regional Analysis, 2020-2026 (USD Million)
- By Packaging Type
- Asia Pacific Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- Asia Pacific Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- Asia Pacific Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By Country
- China
- By Packaging Type
- China Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- China Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- China Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By End-Use
- China Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
- Japan
- By Packaging Type
- Japan Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- Japan Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- Japan Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By End-Use
- Japan Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
- India
- By Packaging Type
- India Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- India Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- India Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By End-Use
- India Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
- South Korea
- By Packaging Type
- South Korea Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- South Korea Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- South Korea Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By End-Use
- South Korea Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
- Central & South America
- Central & South America Sustainable Plastic Packaging Market, Regional Analysis, 2020-2026 (USD Million)
- By Packaging Type
- Central & South America Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- Central & South America Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- Central & South America Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By End-Use
- Central & South America Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
- By Country
- Brazil
- By Packaging Type
- Brazil Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- Brazil Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- Brazil Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By End-Use
- Brazil Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
- Middle East & Africa
- Middle East & Africa Sustainable Plastic Packaging Market, Regional Analysis, 2020-2026 (USD Million)
- By Packaging Type
- Middle East & Africa Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- Middle East & Africa Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- Middle East & Africa Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By End-Use
- Middle East & Africa Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
- By Country
- Saudi Arabia
- By Packaging Type
- Saudi Arabia Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- Saudi Arabia Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- Saudi Arabia Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By End-Use
- Saudi Arabia Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
- UAE
- By Packaging Type
- UAE Sustainable Plastic Packaging Market, By Packaging Type, 2020-2026 (USD Million)
- By Packaging Format
- UAE Sustainable Plastic Packaging Market, By Packaging Format, 2020-2026 (USD Million)
- By Process
- UAE Sustainable Plastic Packaging Market, By Process, 2020-2026 (USD Million)
- By End-Use
- UAE Sustainable Plastic Packaging Market, By End-Use, 2020-2026 (USD Million)
The global Sustainable Plastic Packaging Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Sustainable Plastic Packaging Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.