The single-use plastic packaging is used heavily for the packaging of medical supplies, syringes, medicines and instruments. Pharmaceutical products pass through various levels of the supply chain before reaching the end-user.
Surge in demand for online food delivery services across major parts of the globe is anticipated to create substantial sales opportunities in the global single use plastic packaging market in the forecast period 2020–2030.
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The study performs segmentation of the global single use plastic packaging market based on many important parameters such as product type, material, end-user, and region. Based on material, the market is classified into polyethylene terephthalate (PET), polylactic acid (PLA), polyethylene (PE), and other types of materials.
Single-Use Plastic Packaging Market: Key Players
Bemis Company Inc., Zipz Inc., Transcontinental Inc., Ardagh Group S.A., Winpak Limited, Snapsil Corporation, Sealed Air Corporation, Coveris S.A, Ukrplastic, Flextrus AB, Ampac Holding
Over the period of past few years, the demand for different single use packaging solutions is increased owing to their ability to deliver high level of convenience and usefulness. This factor is likely to boost the sales opportunities in the single use plastic packaging market during the forecast period 2020–2030. This aside, the popularity of single use plastic packaging solutions is growing, as these products are lightweight and durable.
The trend of online food delivery services is increasing in many developing countries across the globe. This factor is slated to create prominent avenues for the global single use plastic packaging market in the upcoming years.
Many companies in the single use plastic packaging market are shifting their focus on the development of natural fiber-based packaging solutions. One of the prominent reasons for this shift is plastic ban by many countries around the world. This shift is projected to play key role in the development of the global single use plastic packaging market in the near future.
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Single-Use Plastic Packaging Market: Segmentation
Single-Use Plastic Packaging Market can be segmented on the basis of type, material and end-user industry.
By Type, Single-Use Plastic Packaging Market can be segmented as
- Bags
- Pouches
- Films
- Sachets
- Bottles
- Cups
- Others
By Material, Single-Use Plastic Packaging Market can be segmented as
- High-density polyethylene (HDPE)
- Low-density polyethylene (LDPE)
- Polyethylene terephthalate (PET)
- Polypropylene (PP)
- Polystyrene (PS)
- Expanded Polystyrene (EPS)
By End-User Industry, Single-Use Plastic Packaging Market can be segmented as
- Food & Beverage
- Home Care
- Health Care
- Personal Care
- Others
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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