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Sustainable Plastic Packaging Global Market Research Report 2022 Size, Share, Growth, Industry Trends | Amcor Ltd, Sonoco Products Company, Huhtamaki OYJ, WestRock Company, Smurfit Kappa Group PLC
The global sustainable plastic packaging market report by the business research company identifies the increase in adoption of sustainable plastic packaging materials from different industries will propel the growth of the sustainable plastic packaging market during the forecast period. Various industries are looking at and promoting sustainable plastic for their packaging solutions because they're light, inexpensive and are recyclable or reusable. For instance, Unilever, British multinational consumer goods company reduced its plastic from 711,000 tons in 2018 to 599,000 tons in 2021 by around 16%. This high rate of reduction in plastic materials is creating a demand for the adoption of sustainable packaging thereby driving the growth of the market.The global sustainable plastic packaging market size is expected to grow from $89.82 billion in 2021 to $97.66 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. The sustainable plastic packages market size is expected to grow to $127.55 billion in 2026 at a CAGR of 6.9%.
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Asia-Pacific was the largest region in the sustainable plastic packaging market in 2020. The regions covered in the sustainable plastic packaging report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the sustainable plastic packaging market are Amcor Ltd, Sonoco Products Company, Huhtamaki OYJ, WestRock Company, Smurfit Kappa Group PLC, Mondi plc, Tetra Laval International SA., BASF SE, DS Smith, Genpak LLC, DuPont, Sealed Air, Crown Holdings, Bemis Company Inc., and Uflex Ltd.
The global sustainable plastic packaging market is segmented -
1) By Packaging Type: Rigid, Flexible, Industrial
2) By Packaging Format: Primary Packaging, Secondary Packaging, Tertiary Packaging
3) By Process: Recyclable, Reusable, Biodegradable
4) By End-Use Sector: Food and Beverage, Personal Care, Healthcare, Others
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The Sustainable Plastic Packaging Market Report Contents Include
1. Executive Summary
2. Sustainable Plastic Packaging Market Characteristics
3. Sustainable Plastic Packaging Market Trends And Strategies
4. Impact Of COVID-19 On Sustainable Plastic Packaging
5. Sustainable Plastic Packaging Market Size And Growth
.....
26. Africa Sustainable Plastic Packaging Market
27. Sustainable Plastic Packaging Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Sustainable Plastic Packaging Market
29. Sustainable Plastic Packaging Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the sustainable plastic packaging market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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