Global Plastic-Free Packaging Market, By Material (Metal, Paper, Glass, Others), Packaging Product (Pouches, Boxes, Tubes, Blisters and Strips, Bottles and Jars, Cartons, Trays, Cans), End-Use (Cosmetics, Food and Beverages, Pharmaceutical, Consumer Products), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Plastic-Free Packaging Market
The plastic-free packaging market is expected to witness market growth at a rate of 7.31% in the forecast period of 2021 to 2028. Data Bridge Market Research report on plastic-free packaging market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the consciousness towards environment is escalating the growth of plastic-free packaging market.
Plastic-free packaging refers to the type of packaging products and services that avoid the use of plastics or plastic-based substances in the entire end-use product. These packaging offerings are considered reusable, recyclable, biodegradable/compostable and environmental and promote environmental health. These packaging products use materials such as glass, paper, metals and wood among others.
The rise of various end-users of sustainable plastic packaging across the globe, acts as one of the major factors driving the growth of plastic-free packaging market. The surge in the investment by food and beverage manufacturers in sustainable packaging as end-users are opting for plastic-free packs and the rise in the awareness regarding harmful side-effects to human metabolism among consumers accelerate the market growth. The increase in the consumption of premium products such as cosmetics and personal care utilizing glass packaging and the availability of several distribution channels and e-commerce platforms requiring the packaging, further influence the market. Additionally, ban on plastic bags and other plastic products in several countries, rise in investments in sustainable development and presence of stringent government regulations in using plastics or recycled plastics for food packaging positively affect the plastic-free packaging market. Furthermore, rise in sales of luxury products such as perfumes and alcohol and expansion of e-commerce sector extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, poor infrastructure facilities for recycling and fluctuations in raw material prices are expected to obstruct the market growth. Lack of awareness about the importance of sustainability in some emerging and preference toward non-plastic solutions are projected to challenge the plastic-free packaging market in the forecast period of 2021-2028.
This plastic-free packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on plastic-free packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Plastic-Free Packaging Market Scope and Size
The plastic-free packaging market is segmented on the basis of material, packaging product and end-use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of material, the plastic-free packaging market is segmented into metal, paper, glass and others.
- On the basis of packaging product, the plastic-free packaging market is segmented into pouches, boxes, tubes, blisters and strips, bottles and jars, cartons, trays and cans.
- On the basis of end-use, the plastic-free packaging market is segmented into cosmetics, food and beverages, pharmaceutical and consumer products.
Global Plastic-Free Packaging Market Country Level Analysis
The plastic-free packaging market is analyzed and market size, volume information is provided by country, material, packaging product and end-use as referenced above.
The countries covered in the global plastic-free packaging market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific currently dominates and is expected to foster the plastic-free packaging market due to the large paper boarding and glass packaging sectors in countries such as China, India and South Korea, increase in consumption of canned food and rise in e-commerce sales in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Plastic-Free Packaging Market Share Analysis
The plastic-free packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to plastic-free packaging market.
The major players covered in the plastic-free packaging market report are Rawlings & Son (Bristol) Ltd, WestRock Company, EnviGreen, Orora Packaging Australia Pty Ltd, Beatson Clark, ALL PACKAGING COMPANY, Zumbiel Packaging, Ardagh Group S.A., HUBER Packaging Group GmbH, MW Creative Ltd, Biogreen Bags, Alcoa Corporation, Nestlé, Amcor plc, Sulapac Oy, BALL CORPORATION, Crown, Sonoco Products Company, Reynolds and Sirane Ltd among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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