Emergen Research has recently published a detailed report on the global Sustainable Packaging market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the Sustainable Packaging market through verified and validated data curated to offer accurate insights.
It also sheds light on the effect of the financial difficulties and supply disruption caused by the pandemic in the overall growth of the market. Furthermore, the report covers a current and future impact assessment of the pandemic on the overall growth of the Sustainable Packaging market.
The global Sustainable Packaging Market is expected to reach USD 469.49 Billion by 2027, according to a new report by Emergen Research. The growth of this market is due to the growing awareness among consumers regarding environmental issues and strict government rules and regulations regarding the use of toxic packaging materials. Increasing research and development regarding sustainable packaging solutions leads to the technological advancement of the products, which is augmenting the industry’s demand.
The report is updated with the impact of the COVID-19 pandemic on the Sustainable Packaging market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Sustainable Packaging market has been positive or negative.
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The report further divides the Sustainable Packaging market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Sustainable Packaging market.
Sustainable Packaging Market Segmentation:
- Material Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Plastic
- Paper & Paperboard
- Glass
- Metal
- Others
- Packaging Type Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Reusable Packaging
- Recyclable Packaging
- Degradable Packaging
- End Users Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- HealthCare
- Food & Beverage
- Personal Care
- Others
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/sustainable-packaging-market
The report also studies the key companies of the Sustainable Packaging market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:
Key companies operating in the Sustainable Packaging market include:
Amcor Limited, Mondi PLC, Smurfit Kappa Group, Sonoco Products Co., WestRock Company, BASF SE, Tetra Laval International S.A., Ball Corporation, Sealed Air Condition, and Bemis Company
The Global Sustainable Packaging Report is a panoramic study of the overall Sustainable Packaging market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Sustainable Packaging market. The report provides a detailed analysis of the key factors of the Sustainable Packaging market that are expected to have a positive impact on the growth of the Sustainable Packaging industry.
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Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
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Thank you for reading our report. Customization of this report is available as per the client’s requirements. Please connect with us to know more about the report, and our team will ensure you get the report tailored according to your needs.
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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The global packaging industry has experienced a shift to sustainability over the past few years due to the increasing demand for eco-friendly products. Consumers are becoming more conscious of the environmental impact of their purchasing decisions, resulting in increased demand for sustainable options. This trend is driving the growth of the sustainable packaging market, which is projected to reach $427.91 billion by 2024.
In order to gain an understanding of the sustainable packaging market, it is helpful to break it down by technology, application, and geography.
On the technology side, the sustainable packaging market comprises various materials such as bio-based polymers, biodegradable polymers, recycled polymers, and paper. Additionally, the market includes several technologies that could potentially reduce plastic waste, such as vacuum forming, blow molding, extrusion, and injection molding.
The applications for sustainable packaging vary by industry. The food and beverage, medical and pharmaceutical, and consumer goods industries are among the biggest users of sustainable packaging, due to their large production needs. It is estimated that the demand for sustainable packaging will only continue to grow in each of these sectors.
Geographically, the sustainable packaging market is dominated by the Asia-Pacific region, which is expected to hold over 40% of the market share by 2024. This is attributed to the increasing population and growing demand for packaged products in emerging countries such as India, China, and South Korea. North America and Europe also have a significant market presence and have seen steady growth in demand for sustainable packaging over the years.
Overall, the sustainable packaging market is evolving quickly, as more and more consumers gravitate towards eco-friendly packaging. With the continuing demand for sustainable packaging, all of the aforementioned factors should be taken into account when assessing the current and future market landscapes.
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