Sustainable Plastic Packaging Market Size 2021 Manufacturing Size, Share, Opportunities, Trends, Industry Expansion Strategies and Global Analysis by Forecast to 2027 | Amcor, Sonoco Products, Sealed Air Corporation, Mondi Group, Berry Global, Huhtamaki O

During the projected period of 2021-2027, the "Sustainable Plastic Packaging Market" research describes in-depth the demand and consumption of numerous products/services connected to market growth dynamics. In terms of quantity, a complete market assessment of the numerous opportunities in the market segment is made. The Sustainable Plastic Packaging market is covered several areas, including constraints, problems, and opportunities, as well as geographical considerations. Customers will benefit from this study because it provides historical and statistically significant data, making it both helpful and instructional.

In accordance with the Sustainable Plastic Packaging market is set to grow at a CAGR of 5.7% over the forecast period (2021-2027).

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Market Overview:

The market is projected to grow in accordance with the growth of various end-users of sustainable plastic packaging across the globe. The sustainable plastic packaging industry has been growing as a result of stringent laws and regulations levied by governments and governing bodies, as well as a shift in consumer preference toward recyclable and eco-friendly packaging materials. Apart from these factors, downsizing of packaging and breakthrough in new technologies are also driving the sustainable plastic packaging market globally.

Top Key players operating in the global Sustainable Plastic Packaging market are:

Amcor, Sonoco Products, Sealed Air Corporation, Mondi Group, Berry Global, Huhtamaki OYJ, Smurfit Kappa Group, Uflex, Constantia Flexibles, AptarGroup

Recent Developments

In February 2020, Amcor PLC launched the first container for Ritual Multivitamins (US) made from 100% Post-Consumer Recycled content (PCR) resin. PCR is composed of recycled materials, including PET beverage bottles that have been used and subsequently recycled to produce a new product. Using PCR helps support the recycling infrastructure and reduces demand for virgin resins.
In January 2020, Sealed Air Corporation launched a new version of their bubble wrap brand packaging that is made with at least 90% recycled content. The recycled content used to make this version of bubble wrap brand packaging is sourced from post-industrial materials that would otherwise end up in landfills.
In October 2019, Sonoco ThermoSafe, a unit of Sonoco Products Company, announced the creation of Orion R, which is a high-performance temperature-controlled box rental service. It is made of lightweight, rugged EPP (Expanded Polypropylene), which is substantially more reusable than existing rental parcels and enables the pharmaceutical supply chain to cost-effectively and sustainably ship small parcels globally.

Major Sustainable Plastic Packaging Market Types covered are:

Rigid
Flexible

Major Sustainable Plastic Packaging Market Applications covered are:

Food Applications
Medical Applications
Industrial Applications
Consumer Electronics Application
Other

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The APAC region is projected to account for the largest share in the sustainable plastic packaging market during the forecast period.

APAC is projected to lead the sustainable plastic packaging market, in terms of both value and volume, between 2020 and 2027. According to the World Bank, in 2017, APAC was the fastest-growing region in terms of both population and economic growth. Countries such as India and China are expected to post high growth in the sustainable plastic packaging market due to growing developmental activities and rapid economic expansion. The growing population in these countries presents a huge customer base for FMCG products and consumer durables.

Regional Analysis of Global Sustainable Plastic Packaging market:

The Sustainable Plastic Packaging Market research gives an in-depth analysis of market growth and other factors in key nations (regions), including:

North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)

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Table of Contents: Sustainable Plastic Packaging Market

- Chapter 1: outline of Sustainable Plastic Packaging marketplace

- Chapter 2: worldwide market reputation and forecast through areas

- Chapter 3: worldwide marketplace popularity and forecast by using types

- Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise

- Chapter 5: marketplace riding issue evaluation

- Chapter 6: market opposition reputation by major producers

- Chapter 7: essential producers Presentation and market data

- Chapter 8: Upstream and Downstream marketplace investigation

- Chapter 9: Fetched and net part investigation

- Chapter 10: advertising reputation research

- Chapter 11: marketplace file end

- Chapter 12: research technique and Reference

Impact of COVID-19 on the Sustainable Plastic Packaging Market:

The upward push of COVID-19 has moderated showcase improvement; anyhow, the market is constantly selecting up-tempo due to growing lockdowns. The sudden increment in CAGR is thanks to the request and extension of this marketplace, which is functionality to return to pre-pandemic ranges once the large, is gone.

Customization Available: Global Sustainable Plastic Packaging Market

The Global Sustainable Plastic Packaging Market report may be modified to meet your specific business needs. because we recognize what our customers want, we provide 25% customization for any of our MID reports at no extra value to all of our customers.

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