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Sustainable Packaging Market: Europe to Account for Leading Revenue Share, Trailed by North America during 2018 – 2026

Press release Description

Albany, New York, August 27, 2018: Sustainable packaging market has been witnessing a steady momentum worldwide in recent years, with rise in government-supported initiatives of manufacturers for using environment-friendly packaging materials & technology. Leading players in the sustainable packaging market have shifted their focus toward the development of biodegradable plastics, for reducing their carbon footprint. These insights are according to the report titled “Sustainable Packaging MarketGlobal Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026,” added recently to the exhaustive repository of Market Research Reports Search Engine (MRRSE).

Sustainable packaging is seen as an imperative solution and step toward reducing the widespread landfill issues, owing to over 200 Mn tons of waste created by plastics. Changing consumer lifestyle, which includes growing preference toward packaged food & beverage products has further underpinned growth of the sustainable packaging market.

Prominent sustainable packaging manufacturers in Asia-Pacific, concerned about rising packaging waste, have showcased a significant shift toward use of biodegradable plastics. Policy makers in APAC have been playing a vital role in the creation of a sustainable environment, with governments emphasizing on use of bio-plastics and biodegradable plastics for packaging. APAC will continue to witness the fastest growth in the sustainable packaging market through 2026. However, revenue share of Europe in the sustainable packaging market will remain the largest, trailed by North America during the forecast period.

Sustainable Packaging Market: Report Summary

Primary objective of this report is to identify the opportunities in the sustainable packaging market, and present updates and insights on various aspects of the sustainable packaging market. Important dynamics such as growth drivers, restraints, trends, and opportunities have been addressed and a scrutinized analysis on these has been offered in detail in the report.

Forecast on the sustainable packaging market has been offered in terms of value (US$ Mn) and year-on-year (Y-o-Y) growth. This will aid the sustainable packaging providers in recognizing future opportunities and predictability of the market. The report has been categorically divided into 4 key sections, namely, packaging type, material, end-use industries, and region. Size of the sustainable packaging market has also been evaluated in terms of volume (Thousand Tons).

The report also includes a weighted section on the competitive landscape of the sustainable packaging market, which offers a dashboard view of the companies identified and profiled. Key market players, which significantly underpin growth of the sustainable packaging market, include Tetra Laval International S.A., Reynolds Group Holdings Ltd, Bemis Company, Inc., Smurfit Kappa Group PLC, and Gerresheimer AG.

Sustainable Packaging Market: Research Methodology

Insights and forecast offered by the report on the sustainable packaging market are based on a tested & proven research methodology. This research methodology involves a blend of exhaustive primary and secondary researches. An in-depth secondary research carried out has helped to arrive at data points that include regional and market split based on the aforementioned market segments.

The report comprises forecast on the sustainable packaging market based on revenues generated from sales of these packaging solutions worldwide across the retail industry. Data collected through the research approaches adhered has been triangulated with the help of different analyses on the basis of dynamics, supply side, and demand side of the sustainable packaging market.

Browse Full Global Sustainable Packaging Market Report with TOC :

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