Botanical Packaging Market - Business Opportunities and Global Forecast to 2032

In the past few years, organic packaging, such as botanical packaging, has gained popularity in the packaging industry. Botanical packaging helps reduce the carbon footprint and takes up to 36% less energy to make as compared to conventional plastic packages.

These benefits make botanical packaging suitable for those brand owners who desire the positive environmental positioning of their products. The material used in botanical packaging is corn-starch, sugarcane or other agricultural waste.

Moreover, botanical packaging finds applications in various end-use industries such as food & beverages, cosmetics, healthcare.

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Changes in consumer preference towards organic packaging solutions is driving the demand for botanical packaging

Changes in consumer preference towards eco-friendly packaging solutions is driving the global demand for botanical packaging. Conventional packaging generates waste and cannot be recycled easily, which is boosting the popularity of botanical packaging.

Moreover, the high demand generated from various end-use industries, such as cosmetics, pharmaceuticals and food & beverages, is further increasing the demand for botanical packaging. The increasing usage of perfumes, essential oils and other personal care products is escalating the need for botanical packaging.

Rising awareness about the biodegradability and sustainability of products is also expected to drive the global botanical packaging market. Key manufacturers are using botanical packaging to gain the attention of consumers by making their products more environmental friendly.

As botanical packaging offers a higher profit margin, the preference for botanical packaging is higher among consumers as compared to conventional packaging, which is driving the market. Moreover, the favourable government regulatory inclinations towards plant-based products is increasing the demand for botanical packaging.

For instance, the enactment of the Horizon 2020 strategy by the European government has resulted in a positive impact on the growth of the botanical packaging market. However, as compared to plastic packaging, the prices of products packed in botanical packaging are slightly higher.

Key Segments Profiled in the Botanical Packaging Market
Packaging Type:
Bags
Boxes
Pouches & Sachets
Bottles & Jars
Cans
Tins
Others

End Use:
Cosmetics
Personal Care
Food & Beverages
Pharmaceutical

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What are the Factors Driving Sales in Asia Pacific Botanical Packaging Market?
Increasing production capacities of botanical packaging in emerging countries such as China and India is a major factor facilitating the growth in Asia Pacific.

Besides this, concerns related to environmental sustainability among the consumers and manufacturers is pushing the adoption of botanical packaging in India, China, and Japan. Subsequently, rapid urbanization and demand for single-serving and on-the-go style food and beverage products will boost the sales of botanical packaging in the region.

Botanical Packaging Market: Key Players
SWM
Farmacy, Inc.
Bahen & Co.
Dieline Media, LLC
NEST Fragrances, LLC
DBD international
Purdey Company
Vegware Inc.

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This release was published on openPR.