Introduction
In today’s environmentally conscious world, the PVC-Free Packaging Market has emerged as a game-changer. This article delves into the various aspects of this industry, from its significance to sustainable alternatives, benefits, and market trends. Let’s explore how PVC-Free Packaging is transforming the packaging industry for the better.
The determination of the market size for PVC-free packaging involved a series of primary interviews with industry experts, encompassing C-level executives, heads of sales and marketing, and independent consultants. This comprehensive approach was undertaken to gauge the demand for PVC-free packaging and assess the prevailing market scenario. The derived market size for PVC-free packaging underwent further validation through a meticulous bottom-up analysis.
The ascent of PVC-free packaging products is anticipated in the packaging industry, spurred by the enforcement of stringent rules and regulations by government organizations across different countries against the utilization of PVC in packaging materials and various industries. The global momentum towards a PVC-free future is poised to not only fortify sales but also foster heightened demand for innovative PVC-free packaging solutions.
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Market Trends in PVC-Free Packaging
As awareness of environmental issues grows, the PVC-Free Packaging Market is witnessing several notable trends:
1. Sustainable Materials
Businesses are increasingly using sustainable materials like recycled cardboard, paper, and bioplastics for PVC-Free Packaging, aligning with eco-conscious consumers.
2. Innovative Designs
Innovative and eye-catching PVC-Free Packaging designs are gaining popularity, helping products stand out on store shelves.
3. E-commerce Packaging
With the surge in e-commerce, PVC-Free Packaging is becoming a staple for secure and eco-friendly shipping.
Global PVC-free packaging market: Key players
Some of the key players operating in the global PVC-free packaging market are –
- Crown Holdings, Inc.
- Amcor Limited
- Sacmi Group
- Tekni-Plex, Inc.
- Constantia Flexibles Group GmbH
- Selig Group
- Technovinyl Polymers India Ltd.
- World Bottling Cap, LLC
- Danbury Plastics
- Manufacture Générale de Joints SAS
- Mexichem Specialty Compounds Inc.
Demand for environment friendly packaging has generated more demand for packaging solutions which are PVC-free
- In May 2017, Crown Holdings, Inc. launched a metal closure technology featuring a PVC-compound. The new metal closures are suitable for a wide range of pasteurized and sterilized products such as cooked vegetables. The closures are available with optional features such as spot gloss, gloss, metallic, matte, and embossed. These PVC-free closures are expected to be adopted by many food giants in the future, due to their sustainability.
- In April 2017, Evonik Industries AG, which is a Germany-based specialty chemicals developer developed a new generation of heat seal binders for PVC-free packaging, with dairy as the main application area.
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Global PVC-free packaging market: Segmentation
Globally, the PVC-free packaging market has been segmented as –
On the basis of product type, the global PVC-free packaging market is segmented as –
- PVC-free Blisters
- PVC-free closures
- PVC-free Liners
- Others
*The pricing has been calculated on the basis of product type, wherein, the weighted average prices for product variants was calculated
On the basis of end use industry, the global PVC-free packaging market is segmented as –
- Food & Beverages
- Cooked vegetables
- Pasteurized products
- Others
- Pharmaceutical
- Cosmetics & Personal Care
- Homecare
- Chemical & Fertilizers
- Others
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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