The global Sustainable Packaging Market is expected to reach USD 469.49 Billion by 2027, according to a new report by Emergen Research. The growth of this market is due to the growing awareness among consumers regarding environmental issues and strict government rules and regulations regarding the use of toxic packaging materials. Increasing research and development regarding sustainable packaging solutions leads to the technological advancement of the products, which is augmenting the industry’s demand.
The investigative approach applied for the extensive analysis of the sale, gross margin and profit generated by the industry are presented through resources including tables, charts, and graphic images. Importantly, these resources can be easily integrated or used for preparing business or corporate presentations.
The subject matter experts conducting the study offer a deep understanding of how prominent leaders have managed to navigate the potential buyers and competitive dynamics influencing their brand positioning in the industry The Sustainable Packaging market analysis provides everything a business owner needs in order to succeed.
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Key Highlights From The Report
The Paper and Paper board segment holds a significant share in the market due to its decomposing property. Companies are embracing more eco-friendly and bio-degradable packaging materials that can be recycled, renewed, and reused, which is boosting the sales of the industry. Moreover, consumers have become more aware of environmental issues and are shifting their preferences towards more convenient and affordable packaging like paper or paper boards.
The food & beverage segment is the major end-user of the market. An increasing number of restaurants and diners are boosting the sales of the products. Following the Food & Beverage segment, the HealthCare sector is also experiencing significant growth over the forecast period as an increased amount of pharmaceuticals materials are transported with the packaging materials’ help.
Asia-Pacific has the highest adoption rate in the market due to the high level of awareness among consumers regarding the harmful effects of toxic packaging material. Moreover, the initiatives taken by the authorities of several countries in the region to ban the low-grade polythene and encourage the use of eco-friendly packaging are driving the market in the region.
The Sustainable packaging market is adopting some wiser strategies in order to say competitive in between the growing demand of the product. Collaborations have been observed between prominent brands in order to increase their product portfolio and enter new markets. In order to hold the position of the products in the competitive market, companies are adopting effective marketing and branding strategies.
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Key participants include Amcor Limited, Mondi PLC, Smurfit Kappa Group, Sonoco Products Co., WestRock Company, BASF SE, Tetra Laval International S.A., Ball Corporation, Sealed Air Condition, and Bemis Company, among others.
Material Outlook (Revenue, USD Billion; 2017-2027)
Paper & Paperboard
Packaging Type Outlook (Revenue, USD Billion; 2017-2027)
End Users Outlook (Revenue, USD Billion; 2017-2027)
Food & Beverage
The study draws a forecast of the growth of the Sustainable Packaging market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global market. The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
Here are the questions we answer…
What are the future opportunities in store for the vendors operating in the Sustainable Packaging market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the Sustainable Packaging market performance?
What are the key trends and dynamics?
Which regulations that will impact the industry?
Which segment will offer the most opportunity for growth between 2020 and 2027?
Where will most developments take place in the long term?
Who are the most prominent vendors and how much market share do they occupy?
What are the latest technologies or discoveries influencing the Sustainable Packaging market growth worldwide?
Table of Content
Chapter 1. Sustainable Packaging Market Methodology & Sources
1.1. Sustainable Packaging Market Definition
1.2. Sustainable Packaging Market Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Sustainable Packaging Market Segmentation & Impact Analysis
Chapter 5. Sustainable Packaging Market By Technology Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Sustainable Packaging Market By Product Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
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