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2022 Plastic Alternative Packaging Global Market Report : Top Manufacturers, Industry Challenges, Business Strategies, Revenue Value And Competitive Landscape 2031
Plastic Alternative Packaging Market
According to The Business Research Company's plastic alternative packaging market report, The global plastic alternative packaging market size reached a value of nearly $3,876.8 million in 2021, having increased at a compound annual growth rate (CAGR) of 10.3% since 2016. The market is expected to grow from $3,876.8 million in 2021 to $8,007.9 million in 2026 at a rate of 15.6%. The market is then expected to grow at a CAGR of 16.9% from 2026 and reach $17,486.4 million in 2031.
Government initiatives for the development of bioplastics are expected to drive the plastic alternative packaging market in the forecast period. Governments worldwide are focusing on the development of the bioplastics industry due to their sustainable nature.
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The plastic alternative packaging market is segmented -
• By Type: Starch-Based Plastic, Cellulose Based Plastics, Polylactic Acid (PLA), Polyhydroxyalkanoates (PHA), Other Types,
• By Process: Bio-Based/Non-Biodegradable, Biodegradable),
• By Application: Food And Beverage, Personal Care, Health Care, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the plastic alternative packaging market.
Major competitors in the plastic alternative packaging market include BASF, Amcor plc, Tetra Pak International SA, Sealed Air, Evergreen Packaging (Pactiv Evergreen Inc)
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The plastic alternative packaging market consists of sales of plastic alternative packaging by entities (organizations, sole traders, and partnerships) that are engaged in manufacturing plastic alternative packaging products. Plastic alternative packaging products are innovative, eco-friendly alternatives to traditional materials and include biodegradable packaging, packaging products made from recycled materials, and plant-based packaging. Other packaging alternatives such as bees wax and paper are not included in the report. Only goods and services traded between entities or sold to end consumers are included.
The Table Of Content For The Plastic alternative packaging Market Include:
1. Plastic alternative packaging Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……..
170. Currencies
171. The Business Research Company
172. Copyright and Disclaimer
The Business Research Company's "Global Plastic alternative packaging Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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