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Global Plastic Alternative Packaging Size 2025, Forecast To 2034

12 Mar, 2025

How Has the Plastic Alternative Packaging Market Evolved Historically and What is its Current Size?

The plastic alternative packaging market has seen considerable growth due to a variety of factors.
• In the previous years, the size of the plastic alternative packaging industry has seen significant growth. It is anticipated to expand from $6.22 billion in 2024 to $7.3 billion in 2025, recording a Compound Annual Growth Rate (CAGR) of 17.4%.
The expansion during the historical period is due to the escalating demand for industrial packaging solutions, environmental worries linked with plastic use, and a growing preference for alternatives to plastic.

What is the Forecasted Growth of the Plastic Alternative Packaging Market Size?

The plastic alternative packaging market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, a swift expansion is anticipated in the plastic alternative packaging market, with its worth projected to reach $14.1 billion by 2029, exhibiting a Compound Annual Growth Rate (CAGR) of 17.9%.
The predicted growth during the forecast period can be ascribed to technological innovations, heightened awareness, government efforts, and greater accessibility of plastic alternative packaging. Key trends during this predicted period involve creating partnerships with established corporations and research bodies, prioritizing investment in mono-material packaging technologies, utilizing industrial waste for upcycling to generate innovative plastic alternative packaging materials, leveraging artificial intelligence (AI), embarking on mergers and acquisitions, and employing eco-friendly bioplastics.

What Are The Primary Growth Drivers In The Plastic Alternative Packaging Market?

The escalating concerns about the environment due to plastic use are significantly propelling the plastic alternative packaging market's expansion. Plastic items incorporate lethal pollutants and inflict detrimental impacts on humans, animals, and the environment. Consumers are showing a growing interest in environmentally friendly packaging options as substitutes for plastic packaging. For instance, Earth.org, a non-profit organization based in Hong Kong, reported in January 2024 that nearly 14 million tons of plastic are dumped into the ocean annually. This action harms wildlife habitats and impacts marine life adversely. If no preventive measures are taken, the quantity could escalate to 29 million metric tons annually by 2040, and taking microplastics into account, the cumulative plastic quantity in the ocean may hit 600 million tons in the same timeframe. The growing propensity towards plastic substitutes has captivated businesses globally; this contributes to the plastic alternative packaging market's growth.

What Is The Segmentation Of The Global Plastic Alternative Packaging Market?

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 Subsegments:
1) By Starch-Based Plastic: Thermoplastic Starch (TPS), Starch Blends And Composites, Biodegradable Starch Films
2) By Cellulose-Based Plastics: Cellulose Acetate, Cellulose Film Products, Regenerated Cellulose
3) By Polylactic Acid (PLA): Injection-Molded PLA Products, Extruded PLA Films, Rigid And Flexible PLA Containers
4) By Polyhydroxyalkanoates (PHA): PHA Granules For Molding, PHA Films And Coatings, PHA Blends With Other Materials
5) By Other Types: Mushroom-Based Packaging, Paper And Cardboard Composites, Seaweed-Based Packaging, Other Biodegradable Materials

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What Emerging Trends Are Shaping The Plastic Alternative Packaging Market?

The plastic alternative packaging market is veering towards mono-material packaging approaches, as businesses endeavor to create a more sustainable packaging solution based on polyolefins that boasts improved circularity. Utilizing a single polymer, these products do not require disassembly prior to recycling, thereby simplifying the process and eliminating the necessity for separating materials as well as the risk of contamination in recycling streams. New polypropylene (PP) solutions are being employed as effective mono-material replacements for multi-component plastics, providing benefits like elevated moisture resistance, thermal resilience, and enhanced transparency. TIPA, a biodegradable and compostable packaging solutions company from Israel, launched an innovative entirely recyclable and compostable tray made from rice waste products in November 2023. These trays, compostable and recyclable at home, have a unique pulp formulation that enables their recycling along with paper. This reduces air contaminations from agricultural waste combustion while presenting a green alternative to conventional plastic packaging.

Who Are the Key Players in the Plastic Alternative Packaging Market?

Major companies operating in the plastic alternative packaging market include:
• 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.

What are the Regional Insights into the Plastic Alternative Packaging Market?

North America was the largest region in the plastic alternative packaging market in 2024. The regions covered in the plastic alternative packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.