Learn about the global sustainable plastic packaging market through The Business Research Company, which provides information on sustainable plastic packaging market size, sustainable plastic packaging market drivers and restraints, sustainable plastic packaging market players, the COVID-19 impact on the sustainable plastic packaging market, and more.

The global sustainable plastic packaging market size is expected to grow from $89.82 billion in 2021 to $97.66 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. The sustainable plastic packages market size is expected to grow to $127.55 billion in 2026 at a CAGR of 6.9%.

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.

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The sustainable plastic packaging market consists of sales of sustainable plastic packing by entities (organizations, sole traders, and partnerships) to package different kinds of items such as food and beverage, healthcare and others. Sustainable plastic packaging is generally recyclable, reusable, or biodegradable depending on the chemicals used during the manufacturing process making it a preferred choice for organizations due to its lightweight and low cost. It minimizes dependency on fossil fuels, reduces the consumption of natural resources, promotes energy-efficient manufacturing, reduces landfills, and improves ocean cleanliness.

Global sustainable plastic packaging market segments include:
By Packaging Type: Rigid, Flexible, Industrial

By Packaging Format: Primary Packaging, Secondary Packaging, Tertiary Packaging

By Process: Recyclable, Reusable, Biodegradable

By End-Use Sector: Food and Beverage, Personal Care, Healthcare, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific was the largest region in the sustainable plastic packaging market in 2021

The increase in use of biodegradable plastic are shaping the sustainable plastic packaging market. Major companies operating in the sustainable plastic packaging market are focused on adopting biodegradable plastic to package their products due to their beneficial traits like reduction in carbon emission, eco-friendly disposable solution and more.

TBRC’s sustainable plastic packaging market report covers:

Major Market Players: Amcor Ltd, Sonoco Products Company, Huhtamaki OYJ, WestRock Company, Smurfit Kappa Group PLC, Mondi plc, Tetra Laval International SA., BASF SE, DS Smith, Genpak LLC, DuPont, Sealed Air, Crown Holdings, Bemis Company Inc., and Uflex Ltd.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Sustainable Plastic Packaging Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides sustainable plastic packaging market overviews, analyzes and forecasts market size, share, sustainable plastic packaging market players, sustainable plastic packaging market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s sustainable plastic packaging market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

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Advanced Packaging Technologies Global Market Report 2022

Flexible Plastic Packaging Global Market Report 2022

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