Infinium Global Research has added a new report on Sustainable Packaging Market. The
report presents analysis of global as well as regional markets of sustainable
packaging market over the period of 2016 to 2024. The increasing environmental
consciousness among the people is the key factor that is driving the
sustainable packaging market. The use of non-biodegradable plastics causes
various harmful effects on the environment such as landfill, soil pollution,
and loss of the soil fertility. Owing to these reasons stringent regulations
are implemented by several governments to improve the conditions of the
environment. There are certain regions where the use of plastic bags is
completely banned, thus triggering the growth of the sustainable packaging
market. The factors that are affecting the market growth in a negative way are
the low availability, high price as compared to the plastics packaging. The raw
materials that are required such as liquid biofuels, bio-polymers used in
films, bio-based monomers, cellulosic and recyclable fiber, and additives are
expensive which is affecting the sustainable packaging market. However, the
growth of the market is witnessing few setbacks owing to the high cost of
production of sustainable packaging products as compared to conventional
packaging products and the lack of awareness by masses, especially in
low-income countries. Nevertheless, the market is likely to witness attractive
prospects from the initiatives taken by governments in several emerging
economies to support environmental-friendly packaging. To this end, they have
framed numerous legislations promoting the use of eco-friendly materials in the
packaging industry among customers.
Geographically, the
sustainable packaging market is diversified into regions such as North America,
Latin America, Europe, Asia-Pacific, and the Middle East and Africa. Asia
pacific is the fastest growing region in terms of CAGR. The factors that favor
for the market growth are the large consumer base and the increasing per capita
expenditure. The growth in the sustainable packaging market in the North
American region is owing to the stringent government regulations and the
increasing consumer preferences. Moreover, the growth matrix presented by
Infinium Global Research identifies the key investment markets in the near
future, this will not only help the companies to understand the competitive
position in the global sustainable packaging market but also make strategic
decisions to capture the most lucrative markets in the near future. The market
size is presented in terms of value for the historic year 2016 and estimated
for forecast period of 2018-2024.
Get 15% discount
for early purchase of global sustainable packaging market report by clicking
the following link, Use code IGRD15 to request the discount in the given form
https://www.infiniumglobalresearch.com/reports/request-discount/1610
The recent report identified that Europe dominated the
global sustainable packaging market over the last couple of years, while
emerging markets of Asia-Pacific and Latin America are anticipated to
contribute significantly to the growth in the sustainable packaging market
worldwide.
The report segments the global sustainable packaging
market on the basis of Material, Packaging Type and Application.
Global Sustainable Packaging Market by
Material
·
Paper & Paperboard
·
Plastic
·
Others
Global Sustainable Packaging Market by
Packaging Type
·
Trays
·
Bags
·
Boxes
·
Bottles & Jars
·
Films
·
Pouches & Sachets
·
Drums
·
IBC
·
Others
Global Sustainable Packaging Market by
Application
·
Food
·
Beverages
·
Automobile & Electronics
·
Chemical
·
Pharmaceutical
·
Agriculture
·
Cosmetics And Personal Care
Companies Profiled in the Report
·
Sonoco Products Company
·
Amcor Limited
·
Gerresheimer AG
·
Smurfit Kappa Group PLC
·
Ball Corporation
·
Ardagh Group S.A
·
Crown Holdings, Inc.
·
WestRock LLC
·
DS Smith Plc
·
The Mondi Group plc
About Infinium Global Research
Infinium Global Research is a business intelligence
company that provides its clients with market information services, solutions,
and reports. The intelligence reports include qualitative as well as
quantitative information, which are blended using forecasting models in order
to project future market demand. Our panels of Subject Matter Experts (SMEs),
Analysts, and Consultants use numerous data gathering tools in order to provide
you with detailed information on the market as well as a preview of its
projected growth. Our repository includes the largest and most credible
databases, through which we determine various qualitative and quantitative
parameters of the market to provide you with an in-depth business intelligence
report.
Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.
