Rising Awareness About Environmental Impact of Plastics to Drive Plastic-Free Packs Market to US$ 8,000.8 million by 2032

FMI

The packaging industry has been obliged to invest in plastic-free packaging due to the environmental hazard posed by plastic waste. The end-users are choosing plastic-free packs since the use of plastic in food packaging might have negative effects on human metabolism.

As a result, firms in the food and beverage industry are investing in sustainable packaging. The sector for cosmetics and beauty goods is also spending money on packaging and product development that is sustainable. The packaging business is concentrating on adopting plastic substitutes like metal, paper, or glass. These materials are easily recyclable and biodegradable. A producer of skincare goods headquartered in New Zealand named Ethique uses cardboard and paper to package its beauty products instead of plastic packaging.

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Researchers in the US have created an edible film similar to plastic wrap manufactured from milk protein that aids in preventing food spoiling and packaging waste. The packaging industry is currently favouring the use of recycled paper in packaging. A UK-based manufacturer of packaging materials called Shredhouse has introduced shredded paper made from individual used coffee cups.

Plastic-Free Packs Market: Drivers and Restraints

The ban on plastic bags and other plastic products in several countries across the world is the major driver for the growth of global plastic-free packs market. The strategic investments in sustainable development by global cosmetic products manufacturers, both in premium and mass segment is expected to drive the global plastic-free packs market growth. The stringent government regulations in using plastics or recycled plastics for food packaging also contributes to the growth of global plastic-free packs market.

The increasing sales of luxury products such as perfumes and alcohol is expected to fuel the growth of plastic-free packs market. The expansion of online retail has facilitated the growth of paper and paperboard packaging, thus contributing to the global plastic-free packs market growth.

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What is the Competition Landscape in the Plastic-Free Packs Market?

WestRock Company, MW Creative Ltd., Multiscience GmbH, Beatson Clark, Rawlings & Son (Bristol) Ltd., Orora Packaging Australia Pty Ltd., ALL PACKAGING COMPANY, Zumbiel Packaging, Abox, Ardagh Group S.A., HUBER Packaging are a few of the major players in the market.

The quality of the products being offered and the manufacturing technology are two factors on which many businesses compete. Major players in the plastic-free packs market are looking for opportunities to integrate vertically across the value chain, are engaged in mergers and acquisitions, investment in R&D facilities, and manufacturing facility expansion.

Recent Developments in the Plastic-Free Packs Market:

  • Saltwater Brewery, a tiny craft brewery, is well-known for its barley and wheat six-pack rings for beer cans. These six-pack rings are edible, and if they are discarded in the water, they can become food for sea creatures.
  • Unwrapped Life, a Canadian manufacturer of personal care goods, has been using Kraft paper to package its products such as shampoo bars, conditioner bars, soap bars, and others. They have changed from plastic to Kraft tape.
  • Level Ground Trading, a member of the Grocery and Related Product Merchant Wholesalers Industry, uses wood pulp in its coffee packaging, which is fully biodegradable.

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Key Players:

  • WestRock Company
  • MW Creative Ltd.
  • Multiscience GmbH
  • Beatson Clark
  • Rawlings & Son (Bristol) Ltd.
  • Orora Packaging Australia Pty Ltd.
  • ALL PACKAGING COMPANY
  • Zumbiel Packaging

Key Segments Profiled in the Plastic-Free Packs Market Survey

By Material:

  • Metal
  • Steel
  • Tin free steel
  • Aluminium
  • Aluminium foil
  • Tinplate
  • Paper
  • Glass

By Packaging Type:

  • Pouches
  • Box
  • Tubes
  • Blister and Strip
  • Bottles and Jars
  • Cartons
  • Trays
  • Cans

By End Use:

  • Cosmetics
  • Food and Beverage
  • Pharmaceutical
  • Consumer Products

By Region:

  • North America
  • Latin America
  • Europe
  • The Asia-Pacific

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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