Press release
Single-use Packaging Market 2022 Disclosing Latest Trends and Advancement Outlook 2026
The Single-use Packaging Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Single-use Packaging market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Single-use Packaging market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Single-use Packaging market.The Single-use Packaging market was valued at USD 34.29 billion in 2020 and is expected to reach USD 47.31 billion by 2026, at a CAGR of 6% over the forecast period 2021 - 2026.
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Top Leading Companies of Single-use Packaging Market are - Ardagh Group S.A., Bemis Company Inc.(AMCOR), Winpak Limited, Zipz Inc., Snapsil Corporation, Transcontinental Inc. and others.
Industry News and Updates:
February 23, 2021: Ardagh Metal Packaging to Combine With Gores Holdings V and List on NYSE
LUXEMBOURG & LOS ANGELES--Ardagh Group S.A. (“Ardagh”) (NYSE: ARD), a global supplier of infinitely-recyclable metal beverage and glass packaging for the world’s leading brands, and Gores Holdings V, Inc. (“Gores Holdings V”) (NASDAQ: GRSV, GRSVU and GRSVW), a special purpose acquisition company sponsored by an affiliate of The Gores Group, today announced that they have entered into a definitive business combination agreement under which Gores Holdings V will combine with Ardagh’s metal packaging business that will be held by Ardagh Metal Packaging S.A. (the “Company,” “Ardagh Metal Packaging” or “AMP”) to create an independent public company. The Company intends to apply to list its shares on the New York Stock Exchange (“NYSE”) under the new ticker symbol “AMBP”.
Key Market Trends:
Plastic Segment is Expected to Register a Decline in the Market Share
- The increasing initiatives by the government and the related regulatory bodies to curb the plastic waste disposal into the environment and to reduce its footprint is expected to hinder the single-use plastic packaging market over the forecast period.
- In April 2019, New York imposed a statewide ban on single-use plastic bags and the law is expected to take effect from March 2020. Also, Hawaii proposing a bill that would prohibit the restaurants and government agencies from using plastic items such as bottles, straws, utensils and foam containers, by 2022.
North America is Expected to Show a Slow Growth Owing to Ban on Plastics
- The government and the related regulatory bodies, in order to curb the plastic footprint of the region, have formed new regulations and strategies that would enable them to achieve its objective. This would hamper the growth of single-use packaging market over the forecast period.
- In June 2018, the council of Vancouver initiated a Single-Use Item Reduction Strategy aimed at reducing the impact of Foam cups and foam take-out containers, Plastic and paper shopping bags, Disposable hot and cold drink cups, Take-out food containers, plastic straws, and Single-use utensils.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Single-use Packaging Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Single-use Packaging Market (%),2016 - 2026
- Single-use Packaging Market Share, By Brand
- Single-use Packaging Market Share, By Company
- Single-use Packaging Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Single-use Packaging Market Value Analysis & Forecast
- Promising Single-use Packaging Development by Major Companies
- Detailed Single-use Packaging Portfolio of the Major Companies
- Major Deals in the Single-use Packaging Market
- Major Companies Analysis
Browse Full Report at:
https://www.marketinsightsreports.com/reports/02082592864/single-use-packaging-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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