Sustainable Plastic Wrapping Market 2021 Industry Scenario, Strategies, Growth Factors and Forecast 2027 - 3M Company, DuPont, CCL Industries

Market Intelligence Data has released a new report on the global Sustainable Plastic Wrapping market. The document gives a complete evaluation of the market. It understands market development through in-depth insights, tracking historical developments and analysing current scenarios and future forecasts based on optimistic and possible situations. The report provides detailed statistics on the Sustainable Plastic Wrapping market industry and its framework.

The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. Industry top players are: Amcor PLC, Sonoco Products Company, Sealed Air Corporation, Huhtamaki OYJ, Berry Global Inc., 3M Company, DuPont, CCL Industries,

The Global Sustainable Plastic Wrapping Market Size is Projected to Reach at a CAGR of 6.77% during 2021-2027.

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Competitive Landscape

April 2019 - Amcor launched, its AmLite Ultra Recyclable product line, it is their first packaging product made from the company’s revolutionary and sustainable high-barrier polyolefin film. The new high-barrier laminate can package a range of food, home, and personal care, and pharmaceutical products, and be recycled in existing polyolefin recycling streams. The company has also claimed that their new high-barrier flexible packaging can reduce the carbon footprint by up to 64%.
June 2018- Sealed Air Corporation and Kuraray America, Inc. entered into an agreement to supply Plantic bio-based resins for food packaging. The company has claimed that the plastic materials will set a new standard for bio-based barrier packaging performance, provide unmatched sustainability metrics, and can be recycled through traditional streams.

Covid-19 Impact and Recovery Analysis:

The number one goal of this Sustainable Plastic Wrapping Market document is to provide Quantitative records withinside the form of charts and graphs. The information regarding market fundamentals is provided surely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Sustainable Plastic Wrapping market document.

Sustainable Plastic Wrapping market Segmentation By Type:

Rigid

Flexible

Industrial

Sustainable Plastic Wrapping market Segmentation By Application:

Food and Beverage

Personal Care

Healthcare

Regional Analysis:

Asia-Pacific Expected To Have Significant Growth

Asia-Pacific is expected to have significant growth over the forecasted period. The increasing number of manufacturing plants all over the region, combined with the growing consumerism and transit packaging sector in the Asia Pacific, is contributing to the growth of the sustainable packaging market.
The growing regulations in the Asia-Pacific region are expected to drive the market. In October 2018, the Philippines passed a provincial ordinance that regulates the use of plastic bags for secondary packaging and prohibits the free distribution of plastic bags as primary packaging.
North America (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 Middle East & Africa)

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Key Market Trends

Shift in Consumer Preferences Towards Recyclable and Eco-Friendly Materials

According to a study by the Ellen MacArthur Foundation, around 8 million ton of plastic waste ends up in oceans every year, globally. The report also predicts plastic debris will outweigh fish by 2050, unless drastic actions are taken.
Much of the floating waste collects in several large ocean vortices far from land. It is estimated that 95% of the plastic packaging material is lost to the economy after a short single-use cycle, at a cost of USD 80-120 billion. A sizeable share of the plastic that ends up in oceans takes an even higher toll, in terms of cost and health.

Significant Features and Key Highlights of the Reports:

– Detailed overview of Sustainable Plastic Wrapping Market

– Changing market dynamics of the industry

– In-depth Sustainable Plastic Wrapping market segmentation by Type, Application etc.

– Historical, current and projected market size in terms of volume and value.

– Recent industry trends and developments

– Competitive landscape of Sustainable Plastic Wrapping Market

– Strategies of key players and product offerings

– Potential and niche segments/regions exhibiting promising growth.

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The report gives answers to the following:

What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Sustainable Plastic Wrapping industry?
What is the predicted compound annual growth rate (CAGR) of the global marketplace during the forecast period (2021-2027)?
What could be the anticipated value of the Sustainable Plastic Wrapping marketplace in the during the forecast period?
Impact of COVID-19:

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the Sustainable Plastic Wrapping market report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Customization: -

The Global Sustainable Plastic Wrapping Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide up to 20% customization for any of our Market Intelligence Data reports at no additional cost to all of our Users.

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