Sun, 05 Dec 2021

Growing demand for advanced material across several industries is a significant factor influencing growth of the sustainable plastic packaging market.

The global sustainable plastic packaging market is expected to be valued at USD 27.50 billion by end of 2028 from USD 80 billion in 2020, expanding at a CAGR of 6% over the forecast period. Rising government initiatives for encouraging adoption of biodegradable or recyclable plastic has a huge impact on social scenarios, which is propelling growth of the market. These initiatives coupled with stringent regulations imposed government globally are encouraging further funding for enhancing reach of material to general consumer. These factors are fueling growth of the sustainable plastic packaging market and are projected to benefit market growth over the foreseeable future.

This growth of the market is majorly attributed to the growing adoption of sustainable plastic packaging materials from industries including FMCG, food & beverages, wholesale, retail trade, and healthcare. Sustainability in packaging is a concept that has been witnessing huge adoption as the idea of sustainable material across several small- medium and large industries. Additionally, growing adoption of newer and more sustainable materials for packaging across the industries are estimated to drive the growth over the foreseeable future. Download Report Sample PDF: https://www.reportsanddata.com/sample-enquiry-form/3874 Some of the key players in the sustainable plastic packaging market include:Bemis Company Inc., Amcor Limited, Mondi, WestRock Company, Tetra Laval International SA., Sonoco Products Company, BASF SE, Sealed Air, Smurfit Kappa, Gerresheimer AG, Huhtamaki, Ardagh Group S.A., BALL CORPORATION, DS Smith, Crown Holdings, Berry Global Inc., International Paper, Genpack LLC, Reynolds, Uflex Ltd., DuPont, and Evergreen Packaging LLC. For the purpose of this report, Reports and Data has segmented the global sustainable plastic packaging market on the basis of packaging type, packaging, process, end user, and region:

By Packaging Type Outlook (Revenue, USD Billion; 2018-2028)

Rigid

Flexible

Industrial

By Packaging Outlook (Revenue, USD Billion; 2018-2028)

Primary packaging

Secondary packaging

Tertiary packaging

By Process Outlook (Revenue, USD Billion; 2018-2028)

Recyclable

Reusable

Biodegradable

Ask for Customize Research Report: https://www.reportsanddata.com/request-customization-form/3874 By End-Use Outlook (Revenue, USD Billion; 2018-2028)

Food & beverage

Personal care

Healthcare

Other

The key geographical regions analyzed in the report are:

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)

Reasons to buy this market intelligence report:

Detailed market evaluation both at regional and global levels. Significant changes in market scenario, along with an extensive competitive analysis. Classification of the industry based on product type, application, and region. Market segments segregated on the basis of type, application, and geography. Comprehensive analysis of the historical data and contemporary market scenario to infer industry size, volume, share, growth, and sales.

Investigation of significant developments in the market dynamics.

Niche market segments and regions.

Buy Now Premium Research Report: https://www.reportsanddata.com/checkout-form/3874 Similar Research reports by Reports and Data of Consumer Packaging Industry:Temperature Controlled Packaging Solutions Market By Product, By Type, By Services, By End-use, By 2026 And Segment Forecasts, 2020-2028Stand-Up Pouches Market Size, Share And Industry Analysis By Material Type, By Product Type, By Design, By Closure Type, By End Users And Region, Segment Forecasts To 2026 About Us:

Reports and Data 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 analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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