Plant-Based Packaging Demand, Industry Future Growth, Upcoming Trending Opportunities 2031

In 2021, the global market for plant-based packaging is anticipated to expand by 6.7%. Nonetheless, from 2021 to 2031, the 10-year compound annual growth rate (CAGR) stays positive.

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Plant-based packaging is becoming more and more popular in a variety of applications because to its minimal environmental impact, growing focus on sustainability, government emphasis on effective package management, growing consumer awareness, and an expanding prohibition on plastic.

Since plant-based packaging has shown to be the most environmentally friendly option, market demand is anticipated.

Diverse packaging forms, materials, and technologies enable the packaging business to offer creative, secure, and environmentally friendly packaging solutions for a range of products. Recyclability is still a major trend in the worldwide packaging sector, in addition to sustainability. Environmental safety organizations continue to have a significant impact on a variety of packaging industries.

Plant-based packaging is anticipated to gain widespread because to its superior and distinct preservation capabilities. The usage of bioplastics with enhanced oxygen barriers may be the cause of this. New green plastic is anticipated to hit the market utilizing advanced technologies including biopolymers and nanoparticle components.

Plant Based Packaging Industry Segmentation

Based on type:

• Flexible Packaging
• Rigid Packaging

Based on Application:

• Food
• Bakery & confectionery
• Meat, fish, and poultry
• Fruits & vegetables
• Dairy products
• Other food products
• Industrial Supplies
• Healthcare
• Personal Care
• Other

Based on end-use:

• Commercial
• Industrial

Based on the Region:

• North America
• U.S. and Canada
• Latin America
• Mexico, Brazil, Peru, Chile, and others
• Western Europe
• Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
• Eastern Europe
• Poland and Russia
• Asia Pacific
• China, India, Japan, ASEAN, Australia, and New Zealand
• The Middle East and Africa
• GCC, Southern Africa, and North Africa
• .

• Author

  Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.

  Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

  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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Author Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry.