The Plastic Alternative Packaging Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Plastic Alternative Packaging Market?
The size of the Plastic Alternative Packaging Global Market has seen a significant expansion recently. The market, which was worth $6.22 billion in 2024, is projected to increase to $7.3 billion in 2025. This represents a compound annual growth rate (CAGR) of 17.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Plastic Alternative Packaging Industry?
The Plastic Alternative Packaging Global Market is expected to reach $14.1 billion in 2029, with a compound annual growth rate (CAGR) of 17.9%.
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What are the Key Growth Drivers Fueling the Plastic Alternative Packaging Market?
The key drivers in the plastic alternative packaging market are:
• Technological advancements in the field of plastic alternative packaging
• Increasing environmental awareness and the corresponding governmental policies
• Growing availability of plastic alternative packaging materials and methods
• Industry focus on collaborations, research, and environmentally friendly innovations such as bioplastics and mono-material packaging solutions.
Global Market Segmentation: Identifying Major Plastic Alternative Packaging Industry Segments
The plastic alternative packaging market covered in this report is segmented –
1) By Type: Starch-Based Plastic, Cellulose Based Plastics, Polylactic Acid (PLA), Polyhydroxyalkanoates (PHA), Other Types
2) By Process: Bio-Based Or Non-Biodegradable, Biodegradable
3) By Application: Food And Beverage, Personal Care, Health Care, Other Applications
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What are the Emerging Trends Shaping the Future of the Plastic Alternative Packaging Market?
The key trends in the plastic alternative packaging market are:
• Partnerships with research institutions and established companies are emerging trends in this market.
• Investment in mono-material packaging solutions is becoming increasingly important.
• The upcycling of industrial wastes to create innovative plastic alternative packaging materials is an emerging focus area.
• Environmentally friendly bioplastics are witnessing growing use in the industry.
Who Are the Top Competitors & Leading Players in the Plastic Alternative Packaging Market?
Major companies in the plastic alternative packaging market are:
• BASF
• Amcor plc
• Tetra Pak International SA
• Sealed Air
• Evergreen Packaging
• Rengo Co. Ltd
• International Paper Company
• Mondi Group PLC
• Futamura Group
• SECOS Group
• Huhtamaki
• Shanghai PRECISE Packaging Co
• SIG Combibloc
• Greatview Aseptic Packaging
• BioPak
• Himalayan Packaging Industries Pvt. Ltd.
• Decon India Plastics Private Limited
• West Pharma
• Qingdao Likang Packing.
• Smurfit Kappa
• DS smith
• Element Packaging LTD
• Delyn Packaging Ltd
• CP Packaging Ltd
• Surepak innovative packaging company
• Epac flexible packaging
• Enviroplast Inc.
• TC Transcontinental
• PolyFerm Canada
• TerraVerdae Bioworks Inc.
• Kruger Inc.
• Klabin SA
• HP Inc.
• Choose Packaging
• Plastic Suppliers Inc.
• Saudi Investment Recycling Company (SIRC)
• Bemis Company Inc.
• Winpak LLC
• Rotopak LLC
• Gulf East Paper and Plastic Industries LLC
• Arabian Packaging LLC
• Amber Packaging Industries LLC
• Diamond Packaging Industries LLC
• Astrapak Ltd (RPC Group)
• Nampak Ltd.
• Mpact Pty Ltd
• Foster Packaging
• Consol Glass (Pty) Ltd.
• East African Packaging Industries Ltd (EAPI)
• Constantia Afripack (Pty) Ltd
• Bonpak (Pty) Ltd.
• Frigoglass South Africa (Pty) Ltd.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the plastic alternative packaging market in 2024
