Press release
(2023-2032) Plastic Alternative Packaging Global Market Trends And Forecast Report | By Types, Applications, Regions And Players include Amcor Limited, Tetra Pak, Sealed Air Corporation, Plastic Suppliers Inc., Kruger Inc.
Plastic Alternative Packaging Global Market
As per the Plastic Alternative Packaging market report by The Business Research Company, growing environmental concerns associated with plastic usage are a major driver of the growth of the plastic alternative packaging market. Plastic products consist of deadly pollutants and cause harmful effects on humans, animals, and the environment. Customers are interested in eco-friendly packaging options as a replacement for plastic packaging.
The global plastic alternative packaging market size grew from $4.48 billion in 2022 to $5.2 billion in 2023 at a compound annual growth rate (CAGR) of 16.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The plastic alternative packaging market size is expected to grow to $9.67 billion in 2027 at a CAGR of 16.8%.
Read More On The Plastic Alternative Packaging Market Report Here:
https://www.thebusinessresearchcompany.com/report/plastic-alternative-packaging-global-market-report
Major competitors in the Plastic Alternative Packaging market include Amcor Limited, Tetra Pak, Sealed Air Corporation, Plastic Suppliers Inc., Kruger Inc., Mondi, International Paper Company, Smurfit Kappa Group PLC, DS Smith PLC, and Klabin SA.
The Plastic Alternative Packaging market is segmented -
• By Type: Starch Based Plastic, Cellulose Based Plastics, Polylactic Acid (PLA), Polyhydroxyalkanoates (PHA), Other Types
• By Process: Recyclable, Reusable, 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.
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Plastic alternative packaging refers to packaging solutions made up of a plastic-like substance that dissolves effectively and leaves no hazardous residues and is derived from biodegradable materials and recyclable 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
The Table Of Content For The Plastic Alternative Packaging Market Include:
1. Executive Summary
2. Plastic Alternative Packaging Market Characteristics
3. Plastic Alternative Packaging Market Trends And Strategies
4. Plastic Alternative Packaging Market - Macro Economic Scenario
5. Plastic Alternative Packaging Market Size And Growth
……….
28. Key Mergers And Acquisitions In The Plastic Alternative Packaging Market
29. Plastic Alternative Packaging Market Future Outlook and Potential Analysis
30. Appendix
The "Global Plastic Alternative Packaging Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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