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Sustainable Plastic Packaging Market 2023 Report By Key Companies, Regional Analysis And Forecast 2032
Sustainable Plastic Packaging Market
Sustainable Plastic Packaging Market Size, Growth Rate, And Forecast
The global sustainable plastic packaging market size grew from $98.44 billion in 2022 to $106.45 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. 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 sustainable plastic packaging market size is expected to grow to $143.22 billion in 2027 at a CAGR of 7.7%.
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Sustainable Plastic Packaging Market Drivers
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.
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Sustainable Plastic Packaging Market Segments
• By Type: Competition Pool, Recreational Sustainable Plastic Packaging, Children's Sustainable Plastic Packaging, Private Sustainable Plastic Packaging, Relaxation Pool
• By Material: Fibreglass, Metal, Plastic
• By Grade: Ordinary Sustainable Plastic Packaging, Eated Sustainable Plastic Packaging
• By Construction: On Or Above Ground, In - Ground
• By End User: Residential, Commercial Sustainable Plastic Packaging, Public Sustainable Plastic Packaging
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the sustainable plastic packagingmarket.
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Sustainable Plastic Packaging Market Key Players
Major competitors in the sustainable plastic packagingmarket include Cody Pools, Presidential Pools, and Spas, Compass Ceramic Pools, Concord Pools & Spas, Riverbend Sandler, Albixon, All Seasons Pools, Blue Haven, Jetform Sustainable Plastic Packaging, Morehead Pools, Premier Pools and Spas, Val-Pak Products, Pentair, H.C. Harrington Co.Inc., Intex Corp., Guangdong LASWIM Water Environment Equipment Co.Ltd., and Waterco Group.
The Business Research Company's "Global Sustainable Plastic Packaging Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Sustainable Plastic Packaging Market Include:
1. Executive Summary
2. Sustainable Plastic Packaging Market Characteristics
3. Sustainable Plastic Packaging Market Trends And Strategies
4. Sustainable Plastic Packaging Market - Macro Economic Scenario
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
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