Press release
Key Strategic Developments and Emerging Changes Shaping the Sustainable Plastic Packaging Market Landscape
Sustainable Plastic Packaging Market
Projected Market Size and Growth Trajectory of the Sustainable Plastic Packaging Market
The sustainable plastic packaging market is anticipated to grow rapidly, reaching a valuation of $183.27 billion by 2029. This expansion corresponds to a compound annual growth rate (CAGR) of 10.2% during the forecast period. Factors contributing to this growth include the rise of e-commerce, increased investment in recycling infrastructure, consumer awareness campaigns, innovations in sustainable packaging, and the development of new eco-friendly materials. Key trends shaping the market are the adoption of biodegradable plastics, recyclable packaging solutions, initiatives aimed at reducing plastic usage, advancements in innovative materials, and the integration of smart packaging technologies.
Download a free sample of the sustainable plastic packaging market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6533&type=smp
Leading Organizations Driving the Sustainable Plastic Packaging Market
Several major companies are at the forefront of the sustainable plastic packaging industry, including 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, and Novamont S.p.A.
Strategic Acquisitions Enhancing Market Presence
In February 2022, US-based IT giant HP Inc. acquired Choose Packaging, a packaging developer, for an undisclosed sum. This acquisition is expected to integrate Choose Packaging into HP's Personalization & 3D Printing business unit. The move aims to broaden HP's technological capabilities and customer base, expanding its reach within the sustainable packaging sector.
View the full sustainable plastic packaging market report:
https://www.thebusinessresearchcompany.com/report/sustainable-plastic-packaging-global-market-report
Innovative Approaches Defining the Future of Sustainable Plastic Packaging
Companies in this market are concentrating on developing innovative products such as polyolefin materials that reduce overall product weight. Polyolefin, made primarily of polyethylene (PE) and polypropylene (PP), stands out for its versatility, strength, and broad range of applications. For example, in March 2024, Spain-based multi-energy company Repsol introduced Repsol Reciclex, a sustainable polyolefin designed for new lubricant containers. This product emphasizes using mechanically recycled post-consumer plastics to minimize environmental impact, particularly within packaging sectors involving lubricants. By incorporating recycled content, Repsol supports circular economy principles, helping to lower waste and carbon footprints. The product aligns with Repsol's broader sustainability goals, reflecting the company's dedication to resource efficiency and innovation.
Detailed Segment Overview of the Sustainable Plastic Packaging Market
This report categorizes the sustainable plastic packaging market into several segments:
1) Packaging Type: Rigid, Flexible, Industrial
2) Packaging Format: Primary Packaging, Secondary Packaging, Tertiary Packaging
3) Process: Recyclable, Reusable, Biodegradable
4) End-Use Sector: Food and Beverage, Personal Care, Healthcare, Other End-Use Sectors
Further subdivisions include:
- Rigid Packaging: Bottles and Jars, Containers and Tubs, Trays and Boxes
- Flexible Packaging: Pouches and Bags, Films and Wraps, Laminated Packaging
- Industrial Packaging: Pallets and Crates, Bulk Containers, Drums and Intermediate Bulk Containers (IBCs)
This segmentation provides a comprehensive view of the market, highlighting key areas of product and process innovation as well as industry applications.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at 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 17500+ 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 Key Strategic Developments and Emerging Changes Shaping the Sustainable Plastic Packaging Market Landscape here
News-ID: 4317069 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
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…
