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Ecological
Packaging Market: Market Dynamics
World
packaging market is expanding rapidly and so is the need for
ecological packaging solutions. Biodegradability is the key driver
for ecological packaging market. Low cost and ease in availability of
the paper and pulp is another factor boosting the growth in
ecological packaging market. Paper bags and corrugated boxes has wide
area of application and are commonly used for secondary packaging of
products across various industries. Paper and paperboard have high
printability and can be used for communicating product and company
information to the customers, bleached paper and paperboard are even
used for improving aesthetic value of the product. Paper and
corrugated packaging solutions are manufactured using recycled
material hence increasing the inclination of manufacturers for
ecological packaging solutions. Use of ecological packaging helps
manufacturers to reduce their carbon footprint. Regulatory
authorities across the globe are favoring use of ecological packaging
solutions to minimize the negative impact on environment which is
expected to provide significant opportunities to ecological packaging
manufacturers. However, plastic packaging solutions are technological
more advanced than ecological packaging. New flexible packaging
solution are more efficient increasing the shelf life and attracting
more customers which may hamper the growth in ecological packaging
market. Moreover, the need of plastic packaging solutions for
handling of aggressive chemicals and hazardous products may further
dampen the attractiveness of ecological packaging solutions.
Ecological
Packaging Market: Market Segmentation
Ecological
packaging market is segmented by product type and end use
industry
Based
on the product type, ecological packaging market is segmented into:
- Boxes
- Paper bags
- Paper wraps
- Trays
Based
on the end use industry, ecological packaging market is segmented
into:
- Retail Packaging
- Food Servicing Industry
- Food Industry
- Electronics Industry
- Pharmaceuticals Industry
- Consumer Goods
- Others
Ecological
Packaging Market - Regional Outlook:
Regionally
global ecological packaging market is segmented into
- North America
- Latin America
- Eastern Europe
- Western Europe
- Asia-Pacific excluding Japan (APEJ)
- Middle East & Africa (MEA)
- Japan
APEJ
region is expected to lead the ecological packaging market as the
region has the highest population and consumption of products. North
America is expected to follow APEJ region in ecological packaging
market. Western and Eastern Europe are expected to show significant
opportunities in ecological packaging market due to stringent
government policies for environment protection. Latin America and MEA
region are expected be the rapidly growing regions in ecological
packaging market. Japan is expected to present significant
opportunities in ecological packaging market due to their highest per
capita consumption in packaging.
Ecological Packaging Market - Key Players:
Some
major players of the ecological packaging market are NOKEN DESIGN,
Ecology Packaging, Esko-Graphics bvba, Be Green Packaging, Vegware,
Visfortec Pvt Ltd, Ecological Fibers, Inc, Xiongxian Guangrui
Packaging Co., Ltd., Shenzhen Mangor Industrial Co., Ltd., Sekotech
International Co., Chengdu Quanxin Medical And Sanitary Product
Factory and Qingdao Jintiandi Plastic Packaging Co., Ltd.
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