Recyclable Packaging Industry Highlights
The introduction of bioplastics is expected to drive the demand for Recyclable Packaging Industry as it has small carbon footprints and consumes less energy than conventional packaging materials.
On the other hand, fluctuating raw material prices and the high cost of production may limit the industry’s growth over the forecast period.
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The prominent players in the global Recyclable Packaging Industry include
- BASF SE (Germany)
- Ebro Color GmbH (Germany)
- Graham Packaging Company (US)
- Salazar Packaging, Inc.(US)
- Lacerta Group, Inc. (US)
- 3M (US)
- Amcor (Australia)
- American Packaging Corporation. (US)
- APP (Asia Pulp & Paper) (Indonesia)
- Avery Dennison Corporation. (US)
By region, the global Recyclable Packaging Industry has been segmented into Europe, Asia-Pacific, North America, South America, and the Middle East & Africa. Asia-Pacific dominated the global market, primarily due to the growth in agriculture, mainly in China and India. The agricultural industry in Asia-Pacific is growing due to the population and economic growth, which fuels the Asia-Pacific Recyclable Packaging Industry growth. Moreover, the busy lifestyles and the rising purchasing power in the developing countries coupled with the increasing awareness regarding the benefits of recyclable packaging among consumers is also expected to drive the market growth in Asia-Pacific.
The global Recyclable Packaging Industry was valued at USD 37 billion in 2018, and is expected to witness 4.1% CAGR during the forecast period.
Scope of the Report
This study provides an overview of the global COVID-19 Analysis, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for Europe, Asia-Pacific, North America, Middle East & Africa and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global COVID-19 Analysis by material type, packaging type, end-use industry, and region.
By Material Type
By Packaging Type
Paper & Cardboard
Void fill Packing
Pouches & Envelopes
By End-Use Industry
Personal Care & Cosmetics Industry
Food & Beverages Industry
Middle East & Africa
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