Plastic-Free Packs Market: Overview, Data Updates, Reports Analysis & Forecast | FMI

ByNiranjan karde

The global plastic-free packs market is on a trajectory of substantial growth, with a projected value of US$ 8,000.8 million by 2032, significantly up from US$ 3,671.8 million in 2022. This impressive expansion is driven by a growing shift within the packaging industry towards alternative materials to replace traditional plastics. These substitutes, such as metal, paper, or glass, have gained prominence due to their biodegradability and recyclability, elevating the demand for plastic-free packs.

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A notable contributor to this trend is Ethique, a skincare product manufacturer based in New Zealand, which has embraced plastic-free packaging for its cosmetic products. This change involves the use of eco-friendly materials like cardboard and paper, reflecting a broader industry push toward sustainability.

Innovation plays a pivotal role in the plastic-free packs market’s growth. For instance, U.S. researchers have developed an edible film crafted from milk protein that serves as an alternative to conventional plastic wrap. This innovative approach not only aids in reducing food spoilage but also minimizes packaging waste, offering a compelling solution to environmental concerns.

The adoption of recycled paper in packaging is a contemporary trend in the packaging industry, further bolstering the growth of the plastic-free packs market. As consumer awareness regarding sustainability and eco-friendliness continues to rise, the demand for such packaging solutions is expected to remain on a steady upward trajectory.

Key Takeaways and Projections

  • The U.S. is expected to lead the North America Plastic-Free Packs market, projecting the fastest growth in the region between 2022 and 2032
  • Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
  • China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
  • India is expected to emerge as a highly remunerative market in South Asia, contributing a significant revenue share in the region through 2032.

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Key Segments:

By Material:
Metal
Steel
Tin free steel
Aluminium
Aluminium foil
Tinplate
Paper
Glass

By Packaging Type:
Pouches
Box
Tubes
Blister and Strip
Bottles and Jars
Cartons
Trays
Cans

By End Use:
Cosmetics
Food and Beverage
Pharmaceutical
Consumer Products

By Region:
North America
Latin America
Europe
The Asia-Pacific
The Middle East and Africa