Sustainable Packaging Market (2024-2033)_Sample Extract.pdf

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Topics Slide No Chapter 01: Sustainable Packaging Market Executive Summary Chapter 01: Sustainable Packaging Market Executive Summary - 004 Chapter 02: Sustainable Packaging Market Introduction Chapter 02: Sustainable Packaging Market Introduction - 030 Chapter 03: Sustainable Packaging Market Analysis - 044 Chapter 04: Sustainable Packaging Market Incumbent Packaging Materials Chapter 04: Sustainable Packaging Market Incumbent Packaging Materials - 063 Chapter 05: Sustainable Packaging Market Sustainable Packaging Materials Chapter 05: Sustainable Packaging Market Sustainable Packaging Materials - 079 Chapter 06: Carbon Capture-Derived Materials For Packaging Chapter 06: Carbon Capture-Derived Materials For Packaging - 149 Chapter 07: Other Approaches to Sustainable Packaging Chapter 07: Other Approaches to Sustainable Packaging - 157 Chapter 08: Sustainable Packaging Market Applications of Sustainable Materials in Packaging Chapter 08: Sustainable Packaging Market Applications of Sustainable Materials in Packaging - 163 - 171 Chapter 09: Sustainable Packaging Market Forecasts Chapter 09: Sustainable Packaging Market Forecasts - 179 Chapter 10: Sustainable Packaging Market Company Profiles Chapter 10: Sustainable Packaging Market Company Profiles Chapter 11: Sustainable Packaging Market Appendix Copyright ©2024 IndustryARC - 226 Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

❖ Sustainable packaging has the least amount of impact on the natural environment. That is, sustainable packing materials emit the least amount of emissions throughout manufacture, production, transportation, and disposal or recycling. The interest in sustainability has grown in recent years. The concept of circular economy has gained traction, focusing major attention on sustainable packaging. Furthermore, governments throughout the globe have responded to public ❖ concerns about packaging waste, particularly single-use packaging waste. They are putting measures in place to reduce environmental waste and enhance waste management operations. 1.1 PACKAGING'S ROLE IN INCREASING GLOBAL PLASTICS PRODUCTION ❖ Packaging plays a significant role in increasing global plastic production due to its widespread use, convenience, and versatility. The boom in e-commerce has led to a surge in demand for packaging materials to protect products during shipping. Plastic packaging provides durability, cushioning, and moisture resistance, which are essential for safe transport. According to Plastics Europe a significant trade group that represents European plastics producers, Global production of plasticsincreasedby 4% to more than 390 million tonnes in 2021, reflecting the robust and sustained need for ❖ plastics. China's proportion in global plastics production is increasing itrCeoapchyreigdht3 2©%2 0in2 42 I0n2d1u.stInry A20R2C1 , Packaging applications dominated the Plastics market and occupied a share of 44%. Source: Expert Insights & IndustryARC Analysis Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

Percentage Of The Global Plastics Use By Application In 2021 (%) Packaging Building and construction Automotive Electrical and Electronics Household Leisure and Sports Agriculture Others ❖ Source: Plastics Europe The increasing applications of packaging drive the plastic market due to the inherent properties of plastics that make them suitable for various packaging needs. Plastics are used extensively in packaging consumer goods such as beverages, snacks, personal care products, and household items. Their lightweight nature, ability to preserve freshness, and cost-effectiveness make them ideal for packaging a wide variety of products. 1.2 MARKET DRIVERS FOR SUSTAINABLE PACKAGING ❖ Government Initiatives Towards Sustainable Packaging: A new regulation was passed in California in 2022 with the intention of lowering the quantity of single-use plastic that ends up in landfills and waterways. The California SB 54, Plastic Pollution Prevention and CPaocpkyargiginhgt P©ro2d0u2c4e rI nR packaging manufacturers to increase the recycling and compostability of plastic products. Source: Expert Insights & IndustryARC Analysis Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

❖ The Canadian government is assisting small and medium-sized firms in developing creative concepts and technology to provide sustainable alternative packaging and drive Canada towards zero plastic waste. For instance, In 2022, the Government of Canada conducted an innovation Solution Challenge, in which Magemi Mining Inc., based in Ontario, received up to $1 million to develop a prototype of its proposed sustainable alternative to plastic packaging, a reduced graphene-oxide reinforced recycled paper. This product is long-lasting and highly recyclable, and it has the potential to replace single-use plastic in a variety of applications, such as plastic shopping bags while preserving convenience and accessibility. ❖ In 2022, the UK government imposed a levy on plastic packaging with less than 30% recycled content. This strategic tax action is intended to offer an economic incentive for enterprises to use recycled plastic materials in their packaging. This promotes greater waste plastic recycling and collection rates, reducing trash headed for landfill or incineration. The tariff is expected to boost recycled plastic use by 40% and save over 200,000 tonnes of carbon between 2022 and 2023. In 2019, In collaboration with all stakeholders, the Food Safety and Standards Authority of India (FSSAI) created a specific ❖ action plan Plan for Safer and Sustainable Food Packaging to line with the Prime Minister's callfor action to eradicate single-use plastic and establish ecologically appropriate substitutes. In 2018, all levels of the Australian government, including representatives from local, state territory, and federal ❖ Copyright ©2024 IndustryARC governments, came together with industry to launch Australia’s 2025 National Packaging Targets (2025 Targets), providing a clear mandate to deliver a new sustainable pathway for packaging in Australia. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

Research Methodology Flowchart Market Scope & Definition Preliminary Research Data Gathering Data Triangulation Data Synthesis Data Analysis Data Validation Verification Quality Assurance Preliminary Research In the initial stage of research, the scope of the sustainable packaging market is defined. In this preliminary stage, the key data points in the market are identified which can be used to estimate the market to the best extent. The scope of this report primarily focuses on the revenue generated from the products manufactured by the major producers. To better Copyright ©2024 IndustryARC gauge the market, the secondary focus is on different layers in Sustainable Packaging markets, such as products catering to disparate segments like applications. Source: Expert Insights & IndustryARC Analysis Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

For this market, the volume of sustainable packaging as well as the varying price points were identified as key informational conjectures for market estimation in 2023. Market performance and trending market dynamics are some of the key questions that are studied during this stage. It also involves studying market factors and changing trends that are expected to affect the market in the future. Data Gathering Based on the scope of the market and the key data points, several secondary sources have been utilized for data gathering. The data gathering stage comprises a team of analysts who gather data by researching secondary research resources, accessing proprietary databases, and with primary research reaching out to key industry participants and opinion leaders (sales & marketing directors, product managers, market intelligence directors as well as technical experts and administrators) throughout the Sustainable Packaging ecosystem including end- use environments forming a crucial aspect of the value chain. The key sources for estimations remained the investments made by end-user verticals along with the sales figures of product suppliers in the market. Also, various trade bodies and associations were taken into consideration to understand the dynamics of each industry vertical and their respective investment scenarios. Copyright ©2024 IndustryARC Source: Expert Insights & IndustryARC Analysis Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

4.1 FACTORS AFFECTING PACKAGING MATERIAL SELECTION ❖ Consumers frequently evaluate products depending on packing, and glass and paperboard containers are frequently regarded as the most sustainable, disregarding how the product was acquired or produced, resulting in an incomplete picture of the whole environmental load. Reusable glass and plastics, along with paperboard, were ranked as the most sustainable, while non-returnable plastics, plastics, and paperboard portions were ranked as the least sustainable. ❖ The selection of packaging materials depends on several factors, such as the properties of the product, the environmental conditions, the cost, the consumer preferences, and the regulatory requirements. ❖ Adaptability: To keep the products safe during transport, the materials used for packaging must be tailored to various scenarios, such as weather, shipping mode, delivery time, and other considerations. In terms of weather conditions, for example, packaging materials should be adaptable to varying temperatures and humidity levels, with specific consideration given to severe weather. ❖ Coordination: In general, people divide packaging into three categories: primary packaging, secondary packaging, and tertiary packaging. Each affects how the saleable product is packed and distributed, as well as the actual look and feel of the packing. Primary packaging, also known as consumer or retail packaging, comes into direct contact with the product and is frequently constructed of plastic film, paper, aluminum foil, and other materials. The primary packaging protects the product and informs the customer of its uses and other relevant information. When 5 bags of goods are placed in a box, this is known as secondary packaging. This level of packaging can be the shipping box that contains the main packaging, but it can also be retail or consumer-facing packaging. The final type is tertiary packaging, which is typically the shipping box used to protect secondary packaging. Tertiary packaging is used in warehouses to preserve and move items.Copyright ©2024 IndustryARC Source: Expert Insights & IndustryARC Analysis Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

❖ Aesthetic: Aesthetic packaging can have a direct impact on product sales. One of the main aspects determining the visual effect of packaging is the material utilized in its design. diverse colors, transparency, stiffness, and materia types produce diverse effects. Cost: Cost is a crucial factor in company decisions on a daily basis. Investing in ❖ packaging is a required outlay that might become more expensive if the material is not chosen correctly. Costs can easily mount from a variety of sources, eventually trickling down to the client. Shipping is one area where costs can rise. For example, if the product is wrapped in glass, a heavy and breakable material, the added cost of weight for shipment must be considered, as well as objects that may be destroyed due to breakage. Convenience & Availability Although raw material availability may not be an immediate consideration, having knowledge of material availability ❖ in the packaging business may influence the selection owing to pricing. Some materials, such as plastic resins, are more easily available and are molded into containers in the United States, whereas glass containers are generally manufactured overseas. Having a reliable packaging supplier to guide through the huge world of packaging can help to save money by identifying the best material to match the product needs. Copyright ©2024 IndustryARC Source: Expert Insights & IndustryARC Analysis Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

There are several types of plastic recycling methods, each targeting different types of plastic materials. Here are some common types of plastic recycling: Recycling Chemical Recycling Mechanical Recycling Dissolution Recycling Organic Recycling ❖ Mechanical Recycling: Mechanical recycling is one of the most often used techniques for finding new uses for waste Plastics, paper, and glass are all recycled using this technique. Without altering their chemical structures, the remnants of all these materials are mechanically changed into new materials. Making plastic wastes usable by mechanical recyclin involves carrying out operations like grinding, washing, sorting, drying, re-granulating, and compounding. Chemica ❖ Recycling: Chemical recycling is the technique of reusing plastic by altering the polymer structure chemically to create raw material for the production of new products. The term chemCicoaply reigchytc l©in2g0a2c4tu Ianldlyu sretrfyeArs tCo a number of different procedures. The decomposition of Polymers, the huge molecules that constitute plastic materials, occurs differently in various forms such as Pyrolysis, Gasification, and Depolymerization. Inquiry Before Buying +1 518 282 4727 Buy Now sales@industryarc.com| | |

❖ CO₂ utilization involves converting carbon dioxide (CO₂) emissions into valuable products, which can have applications i various industries, including sustainable packaging. CO₂ can be captured from industrial processes or directly from the atmosphere and converted into chemical feedstocks or building blocks for packaging materials. This reduces the carbo footprint of packaging production. Polymers (including bio-plastics),Attempts to convert CO2 to various polymers on ❖ global scale at multiple dimensions provide another potential method of using CO2. These polymers are used in a variet of products, including mobilelaptop packaging, phone cases, and others. They also present an intriguing potenti alternative for CO2 conversion and utilization. CO₂ utilization promotes a circular economy by creating a closed-loo system where carbon emissions are recycled into useful products, reducing waste and the need for virgin materials. O ❖ 12th July 2023, Avantium, a Dutch firm focused on sustainability, is transforming the packaging sector with its continuin HICCUPS project, which is partially financed by Horizon Europe. Avantium collaborates with HICCUPS consortium members to develop eco-friendly packaging solutions by converting biogenic CO2 emissions into bio-based polymer ❖ Spinverse was crucial in boosting Avantium’s endeavor behind the scenes. On 19th August 2022, Coca-Cola Europacif Partners (CCEP) and the UniveCrsoitpyy roigf hCta ©lif2o0rn2i4a ,I nBdeurksetrlyeAy R(UC CB) formed a partnership aimed at finding scalable methods of converting collected CO2 - initially into sugar, but eventually into packaging feedstock. ❖ Inquiry Before Buying +1 518 282 4727 Buy Now sales@industryarc.com| | |

❖ Designing for recyclability is an approach that ensures products never become "waste" and instead enables for closed loop material recovery. Choose materials that are widely accepted in recycling programs, such as PET, HDPE, glass, an paperboard. Minimize the use of mixed materials that are difficult to separate during recycling, as they can lead t contamination. ❖ Design for Recycling Guidelines assist the industry in improving the overall recyclability of plastic goods. The Guidelines are established by the European PET Bottle Platform for PET bottles, Petcore Europe for PET Trays Thermoforms, and RecyClass for all other packaging. ❖ Choose packaging materials that are widely accepted in recycling programs, such as plastics with recycling that indicate their recyclability PET, HDPE. ❖ Transparent clear and transparent light blue colour, and transparent light colour pet bottles are fully compatable according to RecyClass. Pet bottles with Transparent dark colours, and Opaque; Fluorescence; Metallic has a limited compatability and low compatability. Dark-colored packaging can be challenging to sort accurately in recycling facilities. Companies must opt for lighter colors when designing packaging. When designing packaging with recyclability in mind, minimizing the use of labels is an important ❖ consideration.Excessive labels, sleeves, and shrink-wrap can complicate recycling processes. Limit their use or choose materials that can be easily removed. Packaging with fewer labels can be mCoorep yeraigshilty ©so2r0te2d4 aInnddu psr facilities, streamlining the overall recycling process. ❖ Glued components or adhesives can interfere with recycling. Choose designs that avoid excessive use of adhesives. Inquiry Before Buying +1 518 282 4727 sales@industryarc.com| | | Buy Now

❖ Reusable packaging is defined as packaging that allows either the business or the consumer to repackage the same type o purchased product, is designed to be returnable and/or refillable, is free of hazardous chemicals, and achieves a minimum number of reuses by being part of a system that allows reuse. Reusable packaging may be more suitable for some produc ❖ categories, such as: ➢ Items used in food service (e.g., drinking cups, takeaway containers) are more likely to achieve high levels of reuse in practice because of their pervasiveness. ➢ Items that are regularly purchased (e.g., personal care, home care, office supplies) because they are consumed rapidly and have a high degree of repeat purchasing Items purchased online that are frequently returned (e.g clothing, footwear), since items are already being returned by customers when they do not fit or fulfi expectations. ❖ Refillable packaging is defined as packaging that is intended to be owned by consumers and refilled with separately purchased products or through dispenser devices. Algramo, The Body Shop, Waitrose, Nestle, and Asda are among startups and corporations that use dispensers and refill stations. Companies that provide refills at home include P&G Myro, Blueland, and Grove Collaborative. Returnable packaging is packaging that is part of a system that allows a firm ❖ to collect and refill the package. Customers return the empty package to the company, which replaces it with fresCh pityermigsh.t C©o2c0a2Co4l aIn dBursatzriyl,A LRoCo p, Returnity, Anheuser-Busch in collaboration with Conscious Container, DeliverZero, ClubZero, and several pilots by quick-service restaurants such as Burger King are notable examples. Inquiry Before Buying +1 518 282 4727 sales@industryarc.com| Buy Now | |

9.1. Forecast methodology and scope ❖ In the initial stage of research, the scope of the sustainable packaging market is defined. In this preliminary stage, the key data points in the market are identified which can be used to estimate the market to the best extent. The scope of this report primarily focuses on the revenue generated from the products manufactured by the major producers. To better gauge the market, the secondary focus is on different layers in Sustainable Packaging markets, such ❖ as products catering to disparate segments like applications. For this market, the volume of sustainable packaging as well as the varying price points were identified as key informational conjectures for market estimation in 2023. Market performance and trending market dynamics are some ❖ of the key questions that are studied during this stage. It also involves studying market factors and changing trends that are expected to affect the market in the future. Further, time series forecasting methodology is applied based on various factors such as product replacement, propensity to buy a new product, average life span, suppliers, and distribution margins along with the trade dynamics of ❖ the leading countries across the region. Average weighted ASPs are also considered while estimating the market value in the report. The estimates are further revalidated with the suppliers and manufacturers operating in the market. However, some macroeconomic factors like ❖ inflation are not considered. The forecasting model is an iterative tool and is backed by historical trends of the market along with a regressive mathematical model that assesses the value basCedo poynri gfhatc t©o2rs0 2su4c Ihn daus tcraypAitRaCl expenditure, product lifespan, R&D investments, and so on. The base year is 2022 and 2023 is the estimated year. The forecast perio is between 2023 and 2033. ❖ Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

9.2. Sustainable Packaging Market Forecast Sustainable Packaging Market Revenue, 2022-2033 ($bn) 700.00 600.00 500.00 400.00 Revenue ($bn) 300.00 200.00 100.00 0.00 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 ❖The Sustainable packaging market is estimated to grow at a CAGR of 8.35% during the forecast period (2023-2033) and reach $621.05bn by 2033, from around $262.86bn in 2022. The market is likely to be influenced by several variable including the growing adoption of sustainable packaging by small and medium-sized businesses, the rising demand fo sustainable packaging in emerging markets, and the ongoing emphasis on R&D activities aimed at creating new sustainable materials and packaging solutions. Additionally, as e-commerce and online shopping have grown, there is greater need for environmentally friendly sustainable packaging solutions that safeguard goods during shipping an handling. To address the growing environmental concerns and improve their brand image, many e-commerce businesse are focused on shipping goods in sustainable packaging. In September 2022, Johnson & Johnson, Philippines, an eCommerce group, the largest end-to-end e-commerce facilitator in Southeast Asia, announced their agreement t provide sustainaCbolpey priagchkta ©gin2g0 2so4l uIntdiounsst raynAdR Cp ackaging that is 100 percent recyclable in the Philippines. This extensive collaboration aims to lessen the waste generated by e- commerce companies. ❖ ❖ ❖ Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

Business Overview Ardagh Group SA Description 1932 Established Year Luxembourg Headquarters $9,030 M Revenue (2022) ~16,121 Employee (2022) https://www.ardaghmetalpackagi Website Financials: ng.com/ Ardagh Group SA, Revenue Share, By Segment, 2022 (%) Ardagh Group SA, Revenue, 2020-2022 ($M) 10,000 9,00 0 8,00 0 7,00 0 6,00 0 9,030.0 20% 22% 7,577.0 Ardagh Metal Packaging Europe 6,731.0 Revenue($M) Ardagh Metal Packaging Americas 5,00 0 4,00 0 3,00 0 2,00 0 1,00 0 Ardagh Glass Packaging Europe & Africa Copyright ©2024 IndustryARC 30% Ardagh Glass Packaging North America 28% 0 2020 2021 2022 Note: The geographical revenue of Ardagh group is not disclosed. Source: Company News and Press Releases Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

Ardagh Group SA : Product Portfolio Product Name Description Ardagh manufactures 100% recyclable glass packaging in a variety of forms and sizes for the world's leading brands. Ardagh have the resources and knowledge to produce distinctive, inventive glass packaging that generates brand distinctiveness, in addition to giving a choice of 16 color variations in North America. Recyclable Glass Packaging Ardagh Group is well-known for its metal packaging solutions, including aluminum and steel cans. These materials are highly recyclable and can be used for various products such as beverages, and food. Recyclable Metal Packaging Ardagh Group SA: Developments Date Approach Description Splendor® Water Launches Sustainably made 100% Recyclable Indigo Glass Bottles in Collaboration with Ardagh Glass Packaging. July 18, 2023 Product Launch Ardagh Group, announced a supply agreement with SprecherBrewing Company to continue to manufacture all of their glass beer and beverage bottles, including their recently redesigned custom 16oz glass bottle. Ardagh Group acquired Consol, the leading producer of glass packaging on the African continent, for an equity value of ZAR10.1 billion May 4,2023 Partnership Copyright ©2024 IndustryARC April 29, 2022 Acquisition Source: Company News and Press Releases Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

Ardagh Group SA: Developments Approach Description Date Ardagh Glass Packaging - Europe collaborated worked with B&B Studio and Belvoir Farm to develop a new glass bottle design for Belvoir Farm's new line of refined, non-alcoholic Botanical Sodas. Partnership September 28 2022 Ardagh Group's Ardagh Glass Packaging - North America (AGP - North America) has partnered with Ste. Michelle Wine Estates to move to ECO Series® sustainable glass packaging choices. September 8 2022 Partnership Ardagh Group, Glass – North America, and Bragg Live Food Products partnered to unveil a new 16oz glass bottle for its line of apple cider vinegar beverages. March 23 2021 Partnership Ardagh Group SA has completed the merger of its metal packaging business with Gores Holdings V, sponsored by an affiliate of The Gores Group. August 5 2021 Merger Ardagh Group announced it’s supplying Arterra Wines Canada, Inc with a new, lightweight 1.5L Bordeaux Stelvin® wine bottle. It is designed in high-quality glass, the new, lightweight bottle delivers great shelf appeal in a premium, sustainable package. Product Launch July 9 2020 Wollersheim Winery receives wine bottles developed and produced in the United States from Ardagh Group. Wollersheim Winery's premium, modern wine bottles by Ardagh reflect the brand's reputation for excellence and sustainable packaging. Partnership May 28 2020 Copyright ©2024 IndustryARC Source: Company News and Press Releases Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

Sustainable Packaging Market (2024-2033)_Sample Extract.pdf

Sustainable Packaging Market (2024-2033)_Sample Extract.pdf

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