The report “Sustainable Packaging Market by Material (Paper & Paperboard, Plastic, Metal, Glass), Process (Recycled, Reusable, Degradable), Function (Active, Molded Pulp, Alternate Fiber), Application (Food & Beverage, Healthcare, Others) & Layer - Global Forecast to 2020”, defines and segments the sustainable packaging market with analysis and forecasting of the global revenues for the sustainable packaging industry. It also identifies the driving and restraining factors of the market with analysis of trends, opportunities, and challenges.
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Browse 218 market data tables and 58 figures spread through 270 pages and in-depth TOC on “Sustainable Packaging Market by Material (Paper & Paperboard, Plastic, Metal, Glass), Process (Recycled, Reusable, Degradable), Function (Active, Molded Pulp, Alternate Fiber), Application (Food & Beverage, Healthcare, Others) & Layer - Global Forecast to 2020”
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The segmentation considered for this report is based on function, layer, process, material, application, and region. The market has been segmented based on material into paper & paperboard, plastic, metal, glass, and others (foamed plastics and wood) The market for paper & paperboard is projected to witness the highest growth from 2015 to 2020.
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The market has been further segmented based on application into food & beverage packaging, healthcare packaging, personal care packaging, and others (electronic appliances and home care packaging). Based on application, the food & beverage packaging segment is projected to grow at the highest rate from 2015 to 2020.
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The sustainable packaging market was valued at USD 201.60 Billion in 2014, at USD 303.60 Billion by 2020, and is projected to grow at a CAGR of 7.17% from 2015 to 2020. Factors such as stringent laws regarding sustainability, growing packaging industry, and change in consumer preferences towards sustainable and eco-friendly packaging materials drive the sustainable packaging market.
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COVID-19 Impact Analysis on Sustainable Packaging Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the sustainable packaging market include Smurfit Kappa Group PLC, Amcor Limited, Gerresheimer AG, Sonoco Products Company, Ardagh Group.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Sustainable Packaging Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/sustainable-packaging-market/download-sampleMarket DynamicsRising initiatives by the government towards sustainable packaging and shifting consumer preferences towards recyclable and eco-friendly materials is driving the demand for sustainable packaging.
Millennials are pushing brands to be more environmentally and socially responsible.
Attributed to these trends, material science and packaging engineering are developing at an incredible speed.
