The global Sustainable Packaging Market is expected to reach USD 469.49 Billion by 2027, according to a new report by Emergen Research. The pandemic has caused a disruption in the supply chain and raw material supplies. People are facing a financial crisis for which they can curb down their food expenses, which can adversely affect the food demand industry. As food demand is inelastic, it will have a positive effect on the market in the long run. Due to the COVID-19, the sustainable packaging industry manufacturers are adopting safety regulations and strategies, which may result in the industry’s growth over the forecast period.
The report covers the currently fluctuating market scenario along with present and future assessment of the COVID-19 impact. The report encompasses the historical data, company overview, financial standing, and necessary information about the new and key players of the market.The publication also dedicates individual chapters to various segments present in the market and the related sub-segments. In this study, our analysts provide historical revenues along with the estimated revenues for all the sectors. Sales of products and the evolution of end-users have also been inspected in this research report.
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Key Players Profiled in the Report are:
Amcor Limited, Mondi PLC, Smurfit Kappa Group, Sonoco Products Co., WestRock Company, BASF SE, Tetra Laval International S.A., Ball Corporation, Sealed Air Condition, and Bemis Company, among others.
The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario. The chapter on geographical analysis assesses the regional markets. It takes an in-depth view of the volatile socio-political conditions, weather fluctuations, and annual budgets of nations to determine their effect on the global market.
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Key Objectives of the Report:
- Analysis and estimation of the Sustainable Packaging market size and share for the projected period of 2020-2027
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Sustainable Packaging market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Emergen Research has segmented the global Sustainable Packaging Market on the basis of Materials, packaging type, end-users, and region:
Material Outlook (Revenue, USD Billion; 2017-2027)
- Plastic
- Paper Paperboard
- Glass
- Metal
- Others
Packaging Type Outlook (Revenue, USD Billion; 2017-2027)
- Reusable Packaging
- Recyclable Packaging
- Degradable Packaging
End Users Outlook (Revenue, USD Billion; 2017-2027)
- HealthCare
- Food Beverage
- Personal Care
- Others
Regional Analysis of the Sustainable Packaging Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Market Overview:
The research report on the Sustainable Packaging market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Sustainable Packaging business sphere.
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