Plastic Alternative Packaging Global Market Report 2021: COVID-19 Impact And Recovery from Publisher provides the strategists, marketers and senior management with the critical information they need to assess the global plastic alternative packaging market.
This report focuses on plastic alternative packaging market which is experiencing strong growth. The report gives a guide to the plastic alternative packaging mmarket which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
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Description:
Where is the largest and fastest growing market for the plastic alternative packaging- How does the market relate to the overall economy, demography and other similar markets- What forces will shape the market going forward- The Plastic Alternative Packaging market global report from Publisher answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider plastic alternative packaging market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The plastic alternative packaging market section of the report gives context. It compares the plastic alternative packaging market with other segments of the plastic alternative packaging market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, plastic alternative packaging indicators comparison.
Scope
Markets Covered: 1) By Type: Starch Based Plastic; Cellulose Based Plastics; Polylactic Acid (PLA); Polyhydroxyalkanoates (PHA); Others
2) By Process: Recyclable; Reusable; Biodegradable
3) By Application: Food and Beverage; Personal Care; Health Care; Others
Companies Mentioned: Amcor Limited; Tetra Pak; Sealed Air Corporation; Plastic Suppliers Inc.; Kruger Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Major players in the plastic alternative packaging market are Amcor Limited, Tetra Pak, Sealed Air Corporation, Plastic Suppliers Inc., Kruger Inc., Mondi, International Paper Company, Smurfit Kappa Group PLC, DS Smith PLC, and Klabin SA.
The global plastic alternative packaging market is expected to grow from $61.23 billion in 2020 to $71.08 billion in 2021 at a compound annual growth rate (CAGR) of 16.10%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $95.04 billion in 2025 at a CAGR of 7.63%.
The plastic alternative packaging market consists of sales of plastic alternative packaging by entities (organizations, sole traders, and partnerships) that are engaged in manufacturing plastic alternative packaging products. Plastic alternative packaging products are innovative eco-friendly alternatives to traditional materials and include biodegradable packaging, packaging products made from recycled materials, and plant-based packaging. Only goods and services traded between entities or sold to end consumers are included.
The plastic alternative packaging market covered in this report is segmented by type into starch-based plastic, cellulose-based plastics, polylactic acid (PLA), polyhydroxyalkanoates (PHA), others; by process into recyclable, reusable, biodegradable; by application into food and beverage, personal care, health care, others.
North America was the largest region in the plastic alternative packaging market in 2020. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The high cost of plastic alternative packaging products is projected to limit the growth of the plastic alternative packaging market over the forecast period. Biodegradable plastic packaging materials are expensive as compared to non-biodegradable materials. For instance, the cost of CycleWood's biodegradable plastic bags is around 1.5 cents per unit compared with 1.2 cents for traditional plastic bags. Additionally, biodegradable materials are 2 to 10 times more costly to produce than relative non-biodegradable materials. Thus, high cost is likely to restrict the growth of the plastic alternative packaging market.
In June 2019, Amcor plc., an Australia-based company engaged in producing packaging for food, beverage, pharmaceutical, medical, home- and personal care, and other products acquired Bemis company Inc. for $6.8 billion. The acquisition of Bemis Company, Inc. brings new scale, skills, and footprint that will grow Amcor's industry-leading value plan to create a global consumer packaging giant. Bemis Company, Inc. is a US-based manufacturer of flexible packaging products and pressure-sensitive materials.
Growing environmental concerns associated with plastic usage is a major driver for the growth of the plastic alternative packaging market. Plastic products consist of deadly pollutants and cause harmful effects on humans, animals, and the environment. Customers are interested in eco-friendly packaging options to find the replacement of plastic packaging. According to the World Economic Forum's report published in October 2019, approximately 13 million tons of plastic waste leaks into our oceans every year, causing unimaginable damage to biodiversity, marine life, and human health. Most plastics are non-biodegradable attributing to the material versatility. Rising inclination towards alternatives to plastics has attracted businesses worldwide, which contributes to the growth of the plastic alternative packaging market.
Advances in technology is a major trend in the plastic alternative packaging market. Major companies dealing in the market are continuously focusing on introducing innovative and sustainable packaging solutions for various industries to maintain their position in the competitive business environment and to meet end-user requirements. For instance, in January 2020, Sealed Air Corporation, has launched a new version of bubble wrap brand packaging material that is made with at least 90% recycled content. The recycled content used to make bubble wrap brand packaging is sourced from post-industrial materials that would otherwise end up in landfills.
The countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Table of Contents
1. Executive Summary
2. Plastic Alternative Packaging Market Characteristics
3. Plastic Alternative Packaging Market Trends And Strategies
4. Impact Of COVID-19 On Plastic Alternative Packaging
5. Plastic Alternative Packaging Market Size And Growth
5.1. Global Plastic Alternative Packaging Historic Market, 2015-2020, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Plastic Alternative Packaging Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Plastic Alternative Packaging Market Segmentation
6.1. Global Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
Starch Based Plastic
Cellulose Based Plastics
Polylactic Acid (PLA)
Polyhydroxyalkanoates (PHA)
Others
6.2. Global Plastic Alternative Packaging Market, Segmentation By Process, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
Recyclable
Reusable
Biodegradable
6.3. Global Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
Food and Beverage
Personal Care
Health Care
Others
7. Plastic Alternative Packaging Market Regional And Country Analysis
7.1. Global Plastic Alternative Packaging Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Plastic Alternative Packaging Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8. Asia-Pacific Plastic Alternative Packaging Market
8.1. Asia-Pacific Plastic Alternative Packaging Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8.3. Asia-Pacific Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
9. China Plastic Alternative Packaging Market
9.1. China Plastic Alternative Packaging Market Overview
9.2. China Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
9.3. China Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
10. India Plastic Alternative Packaging Market
10.1. India Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
10.2. India Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
11. Japan Plastic Alternative Packaging Market
11.1. Japan Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
11.2. Japan Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12. Australia Plastic Alternative Packaging Market
12.1. Australia Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12.2. Australia Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
13. Indonesia Plastic Alternative Packaging Market
13.1. Indonesia Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
13.2. Indonesia Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
14. South Korea Plastic Alternative Packaging Market
14.1. South Korea Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
14.2. South Korea Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
15. Western Europe Plastic Alternative Packaging Market
15.1. Western Europe Plastic Alternative Packaging Market Overview
15.2. Western Europe Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
15.3. Western Europe Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
16. UK Plastic Alternative Packaging Market
16.1. UK Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
16.2. UK Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
17. Germany Plastic Alternative Packaging Market
17.1. Germany Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
17.2. Germany Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
18. France Plastic Alternative Packaging Market
18.4. France Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
18.5. France Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
19. Eastern Europe Plastic Alternative Packaging Market
19.1. Eastern Europe Plastic Alternative Packaging Market Overview
19.2. Eastern Europe Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
19.3. Eastern Europe Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
20. Russia Plastic Alternative Packaging Market
20.1. Russia Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
20.2. Russia Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
21. North America Plastic Alternative Packaging Market
21.1. North America Plastic Alternative Packaging Market Overview
21.2. North America Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
21.3. North America Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
22. USA Plastic Alternative Packaging Market
22.1. USA Plastic Alternative Packaging Market Overview
22.2. USA Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
22.3. USA Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
23. South America Plastic Alternative Packaging Market
23.1. South America Plastic Alternative Packaging Market Overview
23.2. South America Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
23.3. South America Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
24. Brazil Plastic Alternative Packaging Market
24.1. Brazil Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
24.2. Brazil Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
25. Middle East Plastic Alternative Packaging Market
25.1. Middle East Plastic Alternative Packaging Market Overview
25.2. Middle East Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
25.3. Middle East Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
26. Africa Plastic Alternative Packaging Market
26.1. Africa Plastic Alternative Packaging Market Overview
26.2. Africa Plastic Alternative Packaging Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
26.3. Africa Plastic Alternative Packaging Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
27. Plastic Alternative Packaging Market Competitive Landscape And Company Profiles
27.1. Plastic Alternative Packaging Market Competitive Landscape
27.2. Plastic Alternative Packaging Market Company Profiles
27.2.1. Amcor Limited
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Tetra Pak
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Sealed Air Corporation
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Plastic Suppliers Inc.
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Kruger Inc.
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Plastic Alternative Packaging Market
29. Plastic Alternative Packaging Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. The Business Research Company
30.5. Copyright And Disclaimer
Amcor Limited
Tetra Pak
Sealed Air Corporation
Plastic Suppliers Inc.
Kruger Inc.
Mondi
International Paper Company
Smurfit Kappa Group PLC
DS Smith PLC
Klabin SA
Rengo Co. Ltd
Bemis Company Inc.
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