Press release
Sustainable Plastic Packaging Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
The growth of the sustainable plastic packaging market is set to be fueled by the increasing uptake of eco-friendly plastic packaging materials by various industries in the foreseeable future. These industries are taking advantage of and advocating for sustainable plastic materials for their packaging needs due to their cost-effectiveness, lightweight nature, and recyclability or reusability. For example, as per the Plastic Packaging Tax (PPT) statistics of the Department of HM Revenue& Customs in August 2024, there was a rise in the taxable proportion of plastic packaging from 41% in 2022-2023 to 42% in 2023-2024. This significant reduction rate in plastic materials has triggered a demand for sustainable packaging, thereby spurring the expansion of the sustainable plastic packaging industry.
Get Your Sustainable Plastic Packaging Market Report Here:
https://www.thebusinessresearchcompany.com/report/sustainable-plastic-packaging-global-market-report
How will the growth rate of the sustainable plastic packaging market shape industry trends by 2034?
In recent years, the sustainable plastic packaging market has seen robust growth. The market, which is expected to increase from $115.62 billion in 2024 to $125.29 billion in 2025, will have a compound annual growth rate (CAGR) of 8.4%. Factors such as environmental consciousness, regulatory pressure, consumer demand, corporate sustainability objectives, and cost-effectiveness all contribute to the growth seen in the historical period.
The market for sustainable plastic packaging is predicted to undergo substantial growth in the forthcoming years. With a compound annual growth rate (CAGR) of 10.6%, the market value is forecasted to reach $187.19 billion by the year 2029. Factors such as the rise in e-commerce, investment in infrastructure for recycling, initiatives towards educating consumers, innovations in sustainable packaging, and development of sustainable materials are anticipated to drive the growth during this forecast period. Some of the major trends projected for the same period include the use of biodegradable plastics, recyclable packaging, initiatives for reducing plastic use, utilization of innovative materials, and developing smart packaging.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6533&type=smp
What trends are poised to drive the future success of the sustainable plastic packaging market?
Key players in the sustainable plastic packaging market, such as polyolefin, are aiming to lower the overall weight of products with the introduction of innovative solutions. Polyolefin is a polymer that originates from olefin (alkene) monomers, and it mainly includes polyethylene (PE) and polypropylene (PP). These materials are renowned for their wide-ranging applications, durability, and adaptability in various industries. In the context of a case study, in March 2024, Repsol, a global multi-energy company based in Spain, unveiled Repsol Reciclex - a sustainable polyolefin utilized in new lubricant containers. The intent is to concentrate on the creation of sustainable polyolefins that incorporate recycled constituents, specifically designed for packaging purposes. The focus of this product line is the application of mechanically recycled post-consumer plastic, which considerably lessens the packaging-related environmental effect across diverse industries, with a specific emphasis on lubricants. By augmenting the usage of recycled materials in its products, Repsol Reciclex facilitates the circular economy, aiding in waste reduction and decreasing carbon footprints. This product range is in sync with Repsol's comprehensive sustainability efforts, reflecting the firm's pledge to innovative and responsible resource administration.
Which primary segments of the sustainable plastic packaging market are driving growth and industry transformations?
The sustainable plastic packaging market covered in this report 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, Other End-Use Sectors
Subsegments:
1) By Rigid: Bottles and Jars, Containers and Tubs, Trays and Boxes
2) By Flexible: Pouches and Bags, Films and Wraps, Laminated Packaging
3) By Industrial: Pallets and Crates, Bulk Containers, Drums and IBCs
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6533
Which geographical regions are pioneering growth in the sustainable plastic packaging market?
Asia-Pacific was the largest region in the sustainable plastic packaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the sustainable plastic packaging market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the influential players reshaping the sustainable plastic packaging market landscape?
Major companies operating in the sustainable plastic packaging market include Amcor Ltd, Sonoco Products Company, Huhtamaki OYJ, WestRock Company, Smurfit Kappa Group PLC, Mondi plc, Tetra Laval International SA., BASF SE, DS Smith Plc, Genpack LLC, E. I. du Pont de Nemours and Company, Sealed Air Corporation, Crown Holdings Inc., Bemis Company Inc., Uflex Ltd., Ardagh Group Holdings S.A., Plastipak Holdings Inc., Elopak AS, Berry Global Group Inc., AptarGroup Inc., Coveris Holdings S.A., Constantia Flexibles Group GmbH, Klöckner Pentaplast Group GmbH & Co. KG, Winpak Ltd., Eco-Products Inc., Vegware Ltd., Biopak Pty Ltd., Sabert Corporation, Novamont S.p.A.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=6533&type=smp
What Is Covered In The Sustainable Plastic Packaging Global Market Report?
•Market Size Forecast: Examine the sustainable plastic packaging market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the sustainable plastic packaging market for a structured understanding.
•Key Players Overview: Analyze major players in the sustainable plastic packaging market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the sustainable plastic packaging market.
•Segment Contributions: Evaluate how different segments drive overall growth in the sustainable plastic packaging market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the sustainable plastic packaging market.
•Industry Challenges: Identify potential risks and obstacles affecting the sustainable plastic packaging market.
•Competitive Landscape: Review strategic developments in the sustainable plastic packaging market, including expansions, agreements, and new product launches.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sustainable Plastic Packaging Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends here
News-ID: 3886578 • Views: …
More Releases from The Business Research Company
Global High-Resolution Anoscopy Market Outlook 2025-2034: Trends, Innovations, A …
The High-Resolution Anoscopy Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the High-Resolution Anoscopy Market Size and Projected Growth Rate?
The market size for high-resolution anoscopy has experienced significant growth over the past few years. The market is predicted to increase from $15.03 billion…
Condyloma Acuminata Treatment Market Size Projected To Reach $2.2 Billion By 203 …
"The Condyloma Acuminata Treatment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Condyloma Acuminata Treatment Market Size During the Forecast Period?
In the past few years, the condyloma acuminata treatment market has seen significant growth. The market value, which is anticipated to…
Household Type Fans Market Forecast 2025-2034: Comprehensive Analysis And Growth …
"The Household Type Fans Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Household Type Fans Market?
The market size for household fans has seen consistent expansion in recent years. The projections indicate an increase from $32.22 billion in 2024…
Grain Fumigants Industry Report 2025-2034: Market Dynamics, Trends, And Forecast …
The Grain Fumigants Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Grain Fumigants Market Size During the Forecast Period?
The Grain Fumigants Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This…
More Releases for Packaging
Personalized Packaging Market 2019 By Key Players: Owens Illinois, Salazar Packa …
Personalized Packaging Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
Download PDF Sample of this Report @
http://www.supplydemandmarketresearch.com/home/contact/277379?ref=Sample-and-Brochure&toccode=SDMRCH277379&utm_source=S2
The following manufacturers are covered:
Owens Illinois
Salazar Packaging
Design Packaging
PrimeLine Packaging
International Packaging
Elegant Packaging
Pak Factory
ABOX Packaging
ACG Ecopak
CB Group
SoOPAK Company
Huhtamaki…
E-Commerce Packaging Market by Top Key Players - Pioneer Packaging, Arihant pack …
E-commerce packaging involves the use of materials for safe packaging of products sold by the e-commerce industry. E-commerce packaging plays a vital role in the consumers' perception about the e-retailer. It also indicates the perceived value of the item received. Packaging reflects the value of shipment in the e-commerce supply chain, that is, better the packaging, better the product inside it.
Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2904563
The E-Commerce…
Luxury Packaging Market 2019 SWOT Analysis By Top Key Players; MW Luxury Packagi …
Luxury Packaging Market report provides an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. The company profiles of all the key players and brands that are dominating the Luxury Packaging Market with moves like product launches, joint ventures, merges and accusations which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned…
Global Luxury Packaging Market 2019 Top Key Players: MW Luxury Packaging, Progre …
Summary
WiseGuyReports.com adds “Luxury Packaging Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database.
This report provides in depth study of “Luxury Packaging Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Luxury Packaging Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as…
Top Manufacturer in Luxury Packaging Market 2019: MW Luxury Packaging, Progress …
Luxury packaging is used for packaging and decorating high-end products.An increase in the luxury product consumption rate and the number of product launches in the fashion and cosmetic sectors are some major factors driving the market growth.
The global Luxury Packaging market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives…
Personalized Packaging Market 2025 | Design Packaging, Inc., PrimeLine Packaging …
As per the new market report published by Research Report Insights titled ‘Personalized Packaging Market’: Global Industry Analysis and Forecast 2017-2025’, global personalized packaging market attained a value worth US$ 25,577.9 Mn in 2017 and will possibly thrive at a promising CAGR of 5.1% over the forecast period (2017-2025). The global personalized packaging market has witnessed solid growth during the past few decades, owing to the increasing trend of luxury…
