Global Recycled Materials Packaging Solutions Market 2022-2026
Technavio has been monitoring the recycled materials packaging solutions market and it is poised to grow by $ 65.1 bn during 2022-2026, progressing at a CAGR of 4.95% during the forecast period. Our report on the recycled materials packaging solutions market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for recycled plastics from the packaging industry, stringent regulations and increasing government initiatives to promote sustainable materials, and growth in the organized retail segment. In addition, the increasing demand for recycled plastics from the packaging industry is anticipated to boost the growth of the market as well.
The recycled materials packaging solutions market analysis includes the end-user segment and geographic landscape.
Technavio's recycled materials packaging solutions market is segmented as below:
- Food and beverages
By Geographical Landscape
- North America
- South America
- Middle East and Africa
This study identifies the growing use of recycled materials packaging solutions in the e-commerce industry as one of the prime reasons driving the recycled materials packaging solutions market growth during the next few years. Also, the emergence of smart packaging and effective waste management will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on recycled materials packaging solutions market covers the following areas:
- Recycled materials packaging solutions market sizing
- Recycled materials packaging solutions market forecast
- Recycled materials packaging solutions market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading recycled materials packaging solutions market vendors that include Amcor Plc, BASF SE, BioPak Pty Ltd., DS Smith Plc, DuPont de Nemours Inc., Elevate Packaging Inc., Friendly Trader Pty.Ltd., International Paper Co., Kruger Inc., Mondi Group, Ranpak Holdings Corp., Sealed Air Corp., Smurfit Kappa Group, The Tetra Laval Group, and The West Rock group. Also, the recycled materials packaging solutions market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.