Single-Use Plastic Packaging Market: Overview, Data Updates, Reports Analysis & Forecast | FMI

ByNiranjan karde

Growth in packaging for the food & beverage industry owing to urbanization and busy lifestyles has led to the demand for single-use plastic packaging.  Transparency, strength, flexibility, easy availability and low cost have led to the adoption of single-use plastic packaging across various industries.

In addition, single-use plastic packaging does not degrade in extreme environments and can survive changes in temperature which makes it an excellent packaging material for transportation and shipment. Single-use plastic packaging protects the product from contamination and prevents water, grease and dirt from damaging the product.

High convenience and printability are expected to propel the demand for single-use plastic packaging. Single-use plastic packaging often has smaller environmental footprints. Many industries demand single-use plastic packaging to prevent cross- contamination and infection. This is likely to augment the market growth of single-use plastic packaging.

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Growth in packaging for the food & beverage industry owing to urbanization and busy lifestyles has led to the demand for single-use plastic packaging.  Transparency, strength, flexibility, easy availability and low cost have led to the adoption of single-use plastic packaging across various industries.

In addition, single-use plastic packaging does not degrade in extreme environments and can survive changes in temperature which makes it an excellent packaging material for transportation and shipment. Single-use plastic packaging protects the product from contamination and prevents water, grease and dirt from damaging the product.

High convenience and printability are expected to propel the demand for single-use plastic packaging. Single-use plastic packaging often has smaller environmental footprints. Many industries demand single-use plastic packaging to prevent cross- contamination and infection. This is likely to augment the market growth of single-use plastic packaging.

Single-Use Plastic Packaging Market: Dynamics

One of the key drivers for the growth of single-use plastic packaging is pharmaceutical industry growth. Single-use plastic packaging is used heavily for the packaging of medical supplies, syringes, medicines and instruments. Pharmaceutical products pass through various levels of the supply chain before reaching the end-user.

Therefore, single-use plastic packaging helps to reduce the risk of contamination which safeguards the interests of the end-users. Moreover, E-commerce growth has led to brand owners choosing lightweight and flexible packaging as it allows for optimum storage during shipment of the packages.

Rising growth of e-commerce specially in emerging economies such as India and China is likely to fuel the market demand for single-use plastic packaging. Changing lifestyles and urbanization have led to the growth in food & beverage, healthcare, home care, personal care and emerging e-commerce which is anticipated to boost the market demand for single-use plastic packaging.

Convenience and cost savings enhance the profit margin for the brand-owners makes its usage widely accepted.

Waste and disposal management are growing concerns associated with single-use plastic packaging. Improper disposal leads to environmental hazards and increases plastic pollution. This is likely to hinder the growth of single-use plastic packaging market.

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Single-Use Plastic Packaging Market: Regional Outlook

Asia Pacific is likely to dominate the single-use plastic packaging market owing to rapidly growing industries in emerging economies such as India, China and South Korea. Asia Pacific region has high demand and high manufacturing capacity due to the large population.

The large Consumer base for various industries such as food & beverage, health care, home care and personal care is anticipated to fuel the demand for single-use plastic packaging. Ban of single-use plastics in Europe and North America is expected to hinder the growth of single-use plastic packaging market.

Single-Use Plastic Packaging Market: Segmentation

Single-Use Plastic Packaging Market can be segmented on the basis of type, material and end-user industry.

By Type, Single-Use Plastic Packaging Market can be segmented as

  • Bags
  • Pouches
  • Films
  • Sachets
  • Bottles
  • Cups
  • Others

By Material, Single-Use Plastic Packaging Market can be segmented as

  • High-density polyethylene (HDPE)
  • Low-density polyethylene (LDPE)
  • Polyethylene terephthalate (PET)
  • Polypropylene (PP)
  • Polystyrene (PS)
  • Expanded Polystyrene (EPS)

By End-User Industry, Single-Use Plastic Packaging Market can be segmented as

  • Food & Beverage
  • Home Care
  • Health Care
  • Personal Care
  • Others

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