Single Use Packaging Market Synopsis:
Single Use Packaging Market Size Was Valued at USD 41.45 Billion in 2023, and is Projected to Reach USD 70 Billion by 2032, Growing at a CAGR of 6% From 2024-2032.
The global market for single-use packaging is steadily expanding, mainly because of the higher usage rates in numerous industries such as food and beverage, pharmaceutical, and personal care. Disposables typically used once, then disposed, recycled or both are preferred for being easy to use, light and with hygiene advantage. Increased extension of Internet sales, food delivery services and people with more mobile lifestyles all have contributed to increase demand for single use packaging in metropolitan areas. This trend is also experienced by ever tally binged customers, inclined towards ready to eat foods and convenience products with hectic lifestyle in regions like North America Europe and some parts of Middle east and Asia.
However, increases in customers’ consciousness of sustainability and environment also become an issue for the market. Most plastic products, especially that which are used once before being discarded as ‘disposable’ have been identified to contribute to plastic scourge. To reduce the effects of single-use plastics, governments and regulatory authorities around the globe are coming up with strict laws:857 banning single-use plastic packaging materials. For this reason, firms are moving to resource-friendly ones such as biodegradable plastics, paper, and other types of recyclable products. This transition has resulted in adopting change and in coming up with measures that aim at ensuring environmentally suitable packaging techniques have been adopted in an bid to satisfy the set legal standards as well as the growing desire on the part of customers for eco-friendly products.
In the future, single-use packaging market will transform into eco-friendly packaging and, leaders in this market predict substantial investment in the development of better and cleaner single-use packaging systems. Nevertheless, as a result of environmental regulations introduced in many countries, the market is expected to steadily expand, especially in developing countries, where consumers’ preferences tend to evolve. New materials forming and the circular economy will be major driving powers of this market due to the convenience requirements of manufacturers along with sustainable goals.
Single Use Packaging Market Trend Analysis:
Shift Towards Sustainable Materials
- It is identified that the use of Sustainable materials is one of the ongoing trends that can be witnessed in the single-use packaging market. Due to the growing environmental issues, along with the government’s efforts to ban or regulate use of plastic material, many firms are shifting from conventional plastic products to bio-degradable plastics, paper packaging and compostable products. Companies are also looking more into plant-based packaging materials and more options for the recyclable plastics. This trend is fueled by the, needs of consumers for the products that are friendly to the environment and the world Certification Authorities the need to uphold the standards in sustainability especially in the regions such as Europe and North America where Regulatory Authorities are implementing the standards most rigorously.
Growth of E-Commerce and On-the-Go Consumption
- Another notable this single-use packaging market trend is the growth of Internet retailing and mobile consumption. Today, with raising demand in online food ordering, grocery delivery, and take away fast food, there is increased need for hygienic and protective one-time use packaging materials. Product packaging is an issue of safety, hygiene and freshness to cater for the various industries, especially the food and beverages, and even the healthcare sectors. This trend is especially realized in cities since life is brisk, and packaging material that supports faster consumption of food is essential. Industry is adapting through more visually arresting packaging solutions, which meet the requirements of e-portability and portability on-the-go.
Single Use Packaging Market Segment Analysis:
Single Use Packaging Market is Segmented on the basis of Material Type, End-User Industry, and Region.
By Material Type, Paper and Paper Board segment is expected to dominate the market during the forecast period
- The single use packaging market has been breakdown by the material type which includes paper & paper board, plastics, glass & others, others include metals & woods. Plastics continue to be the most popular material due to their light weight, versatility and economy especially in food and drinks, drugs, and toiletries industries. Nevertheless, because of the growing enthusiasm in environmental conservation, paper and paperboard are becoming popular materials in place of plastic, particularly in areas that have put in place measures against the use of plastic. Chemicals such as glass are most popular in packaging of products such as beverages and cosmetics because of the reusability and the quality touch the material gives. Metals and woods on their part have a very minimal application in packaging where metals are majorly used in production of cans and woods, in high end or environment friendly packaging material. This trend continues to encourage development of additional varieties of dramatically different kinds of packaging materials that are also environment friendly throughout this segment of the market.
By End-User Industry, Pharmaceutical segment expected to held the largest share
- The single-use packaging market can be further carried out based on the end user industries which is further divided into food and beverage industry, personal care product industry, pharmaceutical and others. The food and beverages segments have taken the largest share of the market as consumers have shifted to convenience and ready to eat meals due to working lifestyles or is due the increased consumption of single serve products due to e-commerce. In related industries, single-use packaging encompasses most of the wipe, face mask, and travel-size toiletries markets. Single use packaging is employed for medicine vials, syringes, auto injectors, medical consumables and equipment in the pharmaceutical manufacturing arena due to sterility and safe considerations. Other sectors including electronics and industrial goods are also embracing single-use packing for protective as well as efficient shipment purposes.
Single Use Packaging Market Regional Insights:
Asia-Pacific is the most significant revenue contributor and is expected to exhibit a CAGR during the forecast period.
- The single-use packaging market by region has the Asia-Pacific region emerge as the largest revenue generator and is anticipated to register a healthy CAGR during the forecast years. This growth is fueled by urbanization, rising e-commerce markets and changing consumption behaviours, especially in China, India and parts of South East Asia. Therefore, the increasing food and beverage sector in the assessed region together with the growing disposable income and increased demographic mobility has elevated the call for single-use packing. Also, due to increased pressure from regulators on the use of sustainable packaging materials, there is interest in sustainable packaging within Asia Pacific.
Active Key Players in the Single Use Packaging Market:
- Ardagh Group S.A. (Luxembourg)
- Amcor PLC (Switzerland)
- Winpak Limited (Canada)
- Dart Container Corporation (USA)
- Snapsil Corporation (Australia)
- Transcontinental Inc. (Canada)
- Other Active Players
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Single Use Packaging Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 41.45 Billion |
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Forecast Period 2024-32 CAGR: |
6% |
Market Size in 2032: |
USD 70 Billion |
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Segments Covered: |
By Material Type |
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By End-User Industry |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Single Use Packaging Market by Material Type
4.1 Single Use Packaging Market Snapshot and Growth Engine
4.2 Single Use Packaging Market Overview
4.3 Paper and Paper Board
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Paper and Paper Board: Geographic Segmentation Analysis
4.4 Plastic
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Plastic: Geographic Segmentation Analysis
4.5 Glass
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Glass: Geographic Segmentation Analysis
4.6 Other Material Types (Metals
4.6.1 Introduction and Market Overview
4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.6.3 Key Market Trends, Growth Factors and Opportunities
4.6.4 Other Material Types (Metals: Geographic Segmentation Analysis
4.7 Wood))
4.7.1 Introduction and Market Overview
4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.7.3 Key Market Trends, Growth Factors and Opportunities
4.7.4 Wood)): Geographic Segmentation Analysis
4.8 End-User
4.8.1 Introduction and Market Overview
4.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.8.3 Key Market Trends, Growth Factors and Opportunities
4.8.4 End-User : Geographic Segmentation Analysis
Chapter 5: Single Use Packaging Market by Industry
5.1 Single Use Packaging Market Snapshot and Growth Engine
5.2 Single Use Packaging Market Overview
5.3 Food
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Food: Geographic Segmentation Analysis
5.4 Beverage
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Beverage: Geographic Segmentation Analysis
5.5 Personal Care
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Personal Care: Geographic Segmentation Analysis
5.6 Pharmaceutical
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Pharmaceutical: Geographic Segmentation Analysis
5.7 Other End-user Industries)
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Other End-user Industries) : Geographic Segmentation Analysis
Chapter 6: Company Profiles and Competitive Analysis
6.1 Competitive Landscape
6.1.1 Competitive Benchmarking
6.1.2 Single Use Packaging Market Share by Manufacturer (2023)
6.1.3 Industry BCG Matrix
6.1.4 Heat Map Analysis
6.1.5 Mergers and Acquisitions
6.2 ARDAGH GROUP S.A. (LUXEMBOURG)
6.2.1 Company Overview
6.2.2 Key Executives
6.2.3 Company Snapshot
6.2.4 Role of the Company in the Market
6.2.5 Sustainability and Social Responsibility
6.2.6 Operating Business Segments
6.2.7 Product Portfolio
6.2.8 Business Performance
6.2.9 Key Strategic Moves and Recent Developments
6.2.10 SWOT Analysis
6.3 AMCOR PLC (SWITZERLAND)
6.4 WINPAK LIMITED (CANADA)
6.5 DART CONTAINER CORPORATION (USA)
6.6 SNAPSIL CORPORATION (AUSTRALIA)
6.7 TRANSCONTINENTAL INC. (CANADA)
6.8 OTHER ACTIVE PLAYERS
Chapter 7: Global Single Use Packaging Market By Region
7.1 Overview
7.2. North America Single Use Packaging Market
7.2.1 Key Market Trends, Growth Factors and Opportunities
7.2.2 Top Key Companies
7.2.3 Historic and Forecasted Market Size by Segments
7.2.4 Historic and Forecasted Market Size By Material Type
7.2.4.1 Paper and Paper Board
7.2.4.2 Plastic
7.2.4.3 Glass
7.2.4.4 Other Material Types (Metals
7.2.4.5 Wood))
7.2.4.6 End-User
7.2.5 Historic and Forecasted Market Size By Industry
7.2.5.1 Food
7.2.5.2 Beverage
7.2.5.3 Personal Care
7.2.5.4 Pharmaceutical
7.2.5.5 Other End-user Industries)
7.2.6 Historic and Forecast Market Size by Country
7.2.6.1 US
7.2.6.2 Canada
7.2.6.3 Mexico
7.3. Eastern Europe Single Use Packaging Market
7.3.1 Key Market Trends, Growth Factors and Opportunities
7.3.2 Top Key Companies
7.3.3 Historic and Forecasted Market Size by Segments
7.3.4 Historic and Forecasted Market Size By Material Type
7.3.4.1 Paper and Paper Board
7.3.4.2 Plastic
7.3.4.3 Glass
7.3.4.4 Other Material Types (Metals
7.3.4.5 Wood))
7.3.4.6 End-User
7.3.5 Historic and Forecasted Market Size By Industry
7.3.5.1 Food
7.3.5.2 Beverage
7.3.5.3 Personal Care
7.3.5.4 Pharmaceutical
7.3.5.5 Other End-user Industries)
7.3.6 Historic and Forecast Market Size by Country
7.3.6.1 Russia
7.3.6.2 Bulgaria
7.3.6.3 The Czech Republic
7.3.6.4 Hungary
7.3.6.5 Poland
7.3.6.6 Romania
7.3.6.7 Rest of Eastern Europe
7.4. Western Europe Single Use Packaging Market
7.4.1 Key Market Trends, Growth Factors and Opportunities
7.4.2 Top Key Companies
7.4.3 Historic and Forecasted Market Size by Segments
7.4.4 Historic and Forecasted Market Size By Material Type
7.4.4.1 Paper and Paper Board
7.4.4.2 Plastic
7.4.4.3 Glass
7.4.4.4 Other Material Types (Metals
7.4.4.5 Wood))
7.4.4.6 End-User
7.4.5 Historic and Forecasted Market Size By Industry
7.4.5.1 Food
7.4.5.2 Beverage
7.4.5.3 Personal Care
7.4.5.4 Pharmaceutical
7.4.5.5 Other End-user Industries)
7.4.6 Historic and Forecast Market Size by Country
7.4.6.1 Germany
7.4.6.2 UK
7.4.6.3 France
7.4.6.4 The Netherlands
7.4.6.5 Italy
7.4.6.6 Spain
7.4.6.7 Rest of Western Europe
7.5. Asia Pacific Single Use Packaging Market
7.5.1 Key Market Trends, Growth Factors and Opportunities
7.5.2 Top Key Companies
7.5.3 Historic and Forecasted Market Size by Segments
7.5.4 Historic and Forecasted Market Size By Material Type
7.5.4.1 Paper and Paper Board
7.5.4.2 Plastic
7.5.4.3 Glass
7.5.4.4 Other Material Types (Metals
7.5.4.5 Wood))
7.5.4.6 End-User
7.5.5 Historic and Forecasted Market Size By Industry
7.5.5.1 Food
7.5.5.2 Beverage
7.5.5.3 Personal Care
7.5.5.4 Pharmaceutical
7.5.5.5 Other End-user Industries)
7.5.6 Historic and Forecast Market Size by Country
7.5.6.1 China
7.5.6.2 India
7.5.6.3 Japan
7.5.6.4 South Korea
7.5.6.5 Malaysia
7.5.6.6 Thailand
7.5.6.7 Vietnam
7.5.6.8 The Philippines
7.5.6.9 Australia
7.5.6.10 New Zealand
7.5.6.11 Rest of APAC
7.6. Middle East & Africa Single Use Packaging Market
7.6.1 Key Market Trends, Growth Factors and Opportunities
7.6.2 Top Key Companies
7.6.3 Historic and Forecasted Market Size by Segments
7.6.4 Historic and Forecasted Market Size By Material Type
7.6.4.1 Paper and Paper Board
7.6.4.2 Plastic
7.6.4.3 Glass
7.6.4.4 Other Material Types (Metals
7.6.4.5 Wood))
7.6.4.6 End-User
7.6.5 Historic and Forecasted Market Size By Industry
7.6.5.1 Food
7.6.5.2 Beverage
7.6.5.3 Personal Care
7.6.5.4 Pharmaceutical
7.6.5.5 Other End-user Industries)
7.6.6 Historic and Forecast Market Size by Country
7.6.6.1 Turkiye
7.6.6.2 Bahrain
7.6.6.3 Kuwait
7.6.6.4 Saudi Arabia
7.6.6.5 Qatar
7.6.6.6 UAE
7.6.6.7 Israel
7.6.6.8 South Africa
7.7. South America Single Use Packaging Market
7.7.1 Key Market Trends, Growth Factors and Opportunities
7.7.2 Top Key Companies
7.7.3 Historic and Forecasted Market Size by Segments
7.7.4 Historic and Forecasted Market Size By Material Type
7.7.4.1 Paper and Paper Board
7.7.4.2 Plastic
7.7.4.3 Glass
7.7.4.4 Other Material Types (Metals
7.7.4.5 Wood))
7.7.4.6 End-User
7.7.5 Historic and Forecasted Market Size By Industry
7.7.5.1 Food
7.7.5.2 Beverage
7.7.5.3 Personal Care
7.7.5.4 Pharmaceutical
7.7.5.5 Other End-user Industries)
7.7.6 Historic and Forecast Market Size by Country
7.7.6.1 Brazil
7.7.6.2 Argentina
7.7.6.3 Rest of SA
Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies
Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research
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Single Use Packaging Market |
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|
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 41.45 Billion |
|
Forecast Period 2024-32 CAGR: |
6% |
Market Size in 2032: |
USD 70 Billion |
|
Segments Covered: |
By Material Type |
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By End-User Industry |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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