Global Sustainable Packaging Market is to Expand at a CAGR of 5.3% During 2018 - 2026; Says TMR

ALBANY, New York, June 18, 2018 /PRNewswire/ --

Shift of manufacturer's preference for packaging from conventional to biodegradable packaging materials, is pinpointing the growth of the "Global Sustainable Packaging Market". As indicated by the latest market report published by Transparency Market Research, titled 'Sustainable Packaging Market': Global Industry Analysis and Forecast 2018-2026,' the global sustainable packaging market is estimated to be US$ 250.6 Bn for 2018, and is expected to grow at a CAGR of 5.3% during the forecast period (2018-2026).

     (Logo: https://mma.prnewswire.com/media/664869/Transparency_Market_Research_Logo.jpg )

The report analyses the key drivers and restraints, as well as sustainable packaging market trends, and performs pricing analysis based on the average weighted model.

Request a Brochure for Research Insights at https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=9314

Paper & Paperboard Continue to Remain Superior with More than Half of Market Revenue 

Among material type segments, paper & paperboard segment is expected to dominate the market throughout the forecast period with an estimated market share of 55.1% in 2018, during the forecast period. Plastic segment is estimated to register a CAGR of 5.0% during the forecast period. Metal (Aluminum) segment is estimated to register a value of US$ 33.3 Bn in 2018 and is expected to reach 52.1 Bn during the forecast period. Others segment is estimated to register a CAGR of 4.6% during the forecast period. 

Request a PDF Sample at https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=9314

Beverages Retain Dominance over Other End Use Industries 

By end use industry, the sustainable packaging market is segmented into food, beverages, automobile and electronics, chemical, pharmaceutical, agriculture, cosmetics & personal care. Food segment is further sub segmented into bakery & confectionery, dairy and meat & poultry. Beverages segment is further sub segmented into carbonated beverages and non-carbonated beverages. Among the end use, beverage segment is estimated to dominate the forecast period, with an estimated market value share of 29.8% in 2018. Chemical & pharmaceutical segment market during is expected to create incremental $ opportunity of US$ 28.6 Bn during the forecast period. Agriculture segment is estimated to reach an estimated market value share of 9.1% in 2026 during the forecast period. Among geographic market segments, the Europe region is anticipated to lead the global sustainable packaging market, during the forecast period. Europe region is projected to register the CAGR of 5.4%, during the forecast period, by value.

Download Report TOC for in-depth analysis at https://www.transparencymarketresearch.com/report-toc/9314

The market players that have been profiled include  global sustainable packaging market including Sonoco Products Company, Amcor Limited, Gerresheimer AG, Smurfit Kappa Group PLC, Ball Corporation, Ardagh Group S.A, Crown Holdings, Inc., WestRock LLC, DS Smith Plc, The Mondi Group plc, International Paper Company, Berry Global Inc, Bemis Company, Inc., Sealed Air Corporation, Reynolds Group Holdings Ltd, Tetra Pak International S.A, Genpak LLC, Huhtamaki OYJ, Tetra Laval International S.A., Reynolds Group.

Request for Multiple Chapters on this Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=MC&rep_id=9314

Globally, the sustainable packaging market has been segmented on the basis of packaging type, by material, by End Use Industry and region.

The segmentation is as follows:

By Packaging Type 

• Trays
• Bags
• Boxes
• Bottles & Jars
• Films
• Pouches & Sachets
• Drums
• IBC
• Others

By Material 

• Paper & Paperboard
  • Coated Unbleached
  • Bleach Paperboard
  • Molded Fiber pulp
  • Corrugated Board
• Plastic
  • PLA
  • PHB
  • PBS
  • Starch Based Plastics
  • PHA
  • Others (PCL)
• Metal (Aluminum)
• Others

By End Use Industry 

• Food
  • Bakery & Confectionery
  • Diary
  • Meat & Poultry
• Beverages
  • Carbonated
  • Non- Carbonated
• Automobile & Electronics
• Chemical
• Pharmaceutical
• Agriculture
• Cosmetics & Personal Care

By Region 

• North America
• Latin America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)

Popular Reports by TMR: 

•  Packaging & Label Inspection Machines Market - Global Industry Analysis, Size, Growth, Trend and Forecast 2018 - 2028

https://www.transparencymarketresearch.com/packaging-label-inspection-machines-market.html      

• End-of-line Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2026

https://www.transparencymarketresearch.com/end-of-line-packaging-market.html

About Us 

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision

Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: [email protected]

Website: https://www.transparencymarketresearch.com

Research Blog: http://www.techyounme.com/

SOURCE Transparency Market Research