Global plastic-free packaging market is expected to rise register a steady CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the increased concerns regarding the environment which has restricted the adoption of plastic products while the demand for its alternatives is on the rise.
The plastic-free packaging market research report gives crucial assessment data about the plastic-free packaging market report as it highlights the crucial areas and sections where the demand of the product/service is high. This report strikingly influences the decision making capability of the clients as it highlights the details regarding the drivers and restraints effectively. The report consolidates a surveyed impact of government’s rules and regulations over the market. It includes diverse illustrative tools and frameworks, for example, SWOT assessment to get the information as for the anticipated financial vulnerabilities related to the progression of the market, which depends upon the present data.
Few of the major competitors currently working in the global plastic-free packaging market are Rawlings & Son (Bristol) Ltd; WestRock Company; EnviGreen; Orora Packaging Australia Pty Ltd; Beatson Clark; ALL PACKAGING COMPANY; Zumbiel Packaging; Ardagh Group S.A.; HUBER Packaging Group GmbH; MW Creative Ltd; Biogreen Bags; Alcoa Corporation; Nestlé; Amcor plc; Sulapac Oy; BALL CORPORATION; Crown; Sonoco Products Company; Reynolds and Sirane Ltd among others.
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This plastic-free packaging market research report is an ideal solution for clients to ensure their survival in this competitive market. covers information that makes the record an asset for examiners, directors, ABC industry specialists just as notable individuals to prepare self-break down alongside to-get to consider together to view charts and tables. Preparing the data incorporation and research possibilities with the discoveries, this report has figured out the solid ascent of this market in terms of product segments and topographies. This report gives a precise idea of the present and future figure market trends 2019-2026.
Increasing consumption of premium products such as cosmetics & personal care which generally utilize glass packaging is expected to foster growth of the market
Presence of strict norms and regulations regarding the usage of plastics from the various authorities is expected to drive the growth of the market
Availability of several distribution channels and increased e-commerce adoption for purchases is expected to positively affect the growth of the market
Development of biodegradable and sustainable packaging products from raw materials such as corn starch and mushroom roots is expected to drive the growth of the market
Cost-effective nature of plastic packaging products along with the prevalence of them being lightweight and durable are factors restricting the growth of the market
Better marketing practices associated with the plastic packaging products is also expected to restrict the growth of the market
Table Of Content:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Market Landscape
Part 04: Market Sizing
Part 05: Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Global Plastic-Free Packaging Market Segmentation:
By Packaging Product
Blisters & Strips
Bottles & Jars
Food & Beverages
Middle East and Africa
Key Developments in the Market:
In July 2019, Nestlé announced the launch of new packaging offering that will be utilized in the company’s “YES!” brand of snack bars. The packaging is made from specially designed coated paper which is recyclable. The product will be launched for the U.K. and European region. The launch of these products with a recyclable packaging offering will increase the awareness regarding the availability of plastic-free packaging resulting in increased demand.
In April 2019, LICKALIX Ltd. announced the launch of a plastic-free compostable packaging offering, becoming the world’s first “ice treat” company to do so. The packaging is designed for decomposing without any external modifications and will decompose by itself in a dustbin by 12 weeks. It is also marine compostable, these organic features of the packaging is a strategy that the company has adopted due to their products being organic and natural.
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Global plastic-free packaging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of plastic-free packaging market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Insights in the report:
Complete market analysis and forecasting
Market definition, understanding the concept of plastic-free packaging
Market drivers and restraints of the industry
Market segmentations and market share divided amongst them
Key players in the market and their analysis
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