Sustainable Packaging Market Research Reports & Industry Analysis. . bioplastic for bulk packaging, and focus on sustainable packaging are the factors that are likely to contribute to the growth of the bioplastic packaging market during the forecast period. . 2024. Rising packaging material and supply-chain costs, environmental pressures .
Feb 19, 2018· An additional growth driver is the conversion towards sustainable packaging. As the 40% of packaging being sustainable transitions towards 50%, 60%, or 70% growth is also derived from sustainable packaging adoption.
The growth of global sustainable packaging market is driven by increasing awareness regarding the advantages of sustainable packaging and development of eco-friendly packaging materials. Moreover, the strict rules and regulations that have been executed by different governments across the world for environmental security are now mandating .
Sustainable packaging not only plays an important role in maintaining the shelf life of the product but also reduces adverse effect on environment, which is prominent with the use of non-bio degradable plastic materials for packaging. The five R's of sustainable packaging are: Remove, Reduce, Recycle, Renew, Re-use.
The sustainable packaging market is highly fragmented with several packaging manufacturers offering sustainable packaging solutions The market is dominated by key players such as Amcor Limited (Australia), Bemis Company, Inc. (U.S.), Tetra Laval International S.A. (Switzerland), Mondi plc (South Africa), WestRock Company (U.S.), BASF SE (Germany), Sonoco Products …
However, high cost of raw materials used for making sustainable packaging such as bio-based monomers, liquid biofuels is expected to hinder the growth of the sustainable packaging market globally. The key players of global sustainable packaging market includes Amcor Limited (Australia), Silgan Holdings Inc.( U.S.), Bemis Company Inc.( U.S.), Sonoco Products …
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Jul 02, 2018· GlobalData has identified microfibrillated cellulose (MFC), or nanocellulose, polyvinyl alcohol (PVOH), ethylene vinyl alcohol (EVOH), and polyethylene furanoate (PEF) as the materials that impact innovation in sustainable packaging markets. MFC is a renewable material based on cellulose fibers extracted from wood.
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Aug 08, 2016· Made of plant waste and stiffer yet lighter than carbon fiber or glass, micro-fibrillated cellulose (MFC) is a sustainable material that makes packaging stronger while creating an oxygen and moisture barrier. Adding as little as 1 percent of MFC to an existing substrate already improves a packaging's performance 15 to 20 percent.