Single Use Packaging Market, By Material Type, By End-User Industry, By Geography

Description

The single use packaging market is estimated to be valued at USD 108.35 Bn in 2024 and is expected to reach USD 158.66 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 108.35 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	5.60%	2031 Value Projection:	US$ 158.66 Bn

Figure. Single Use Packaging Market Share (%), By Region 2024

The single use packaging market has been witnessing steady growth in recent years. Also known as disposable packaging, single-use packaging refers to containers, bags, cups, bottles, and wraps that are meant to be used only once before they are thrown away or recycled. With rapid urbanization and changing lifestyles, the demand for convenient and disposable packaging from various end-use industries including food and beverages, pharmaceuticals, and personal care has increased significantly. The need for hygienic and lightweight packaging to suit on-the-go consumption trends has also boosted the sales of single-use plastics. However, the substantial amount of non-biodegradable waste generated from single-use items is posing a threat to the environment, driving the demand for sustainable alternatives.

Market Dynamics:

The key factors augmenting the demand for single-use packaging include growing food delivery and takeaway trends, rising health awareness among consumers, and the expanding pharmaceuticals sector. However, stringent regulations regarding bans on SUP that are imposed by various governments due to environmental concerns are inhibiting the market growth. At the same time, the demand for biodegradable and recyclable packaging materials from conscious consumers and regulations are opening up opportunities for suppliers to provide bio-based and sustainable alternatives. Manufacturers are investing in R&D to develop innovative and eco-friendly packaging solutions made from materials like paper, sugarcane, tree pulps, bagasses, and bamboo to capitalize on the growing preferential trends.

Key Features of the Study:

This report provides in-depth analysis of the global single use packaging market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global single-use packaging market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Ardagh Group SA, Amcor PLC, Winpak Limited, Dart Container Corporation, Snapsil Corporation, Transcontinental Inc., Berry Global Inc., , Huhtamaki Oyj, Sealed Air Corporation, Sonoco Products Company, and Hotpack Packaging Industries LLC.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global single use packaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global single use packaging market.

Detailed Segmentation-

By Material:
- Paper and Paper Board
- Plastics
- Glass
- Other Material Types
By End-User Industry:
- Food & Beverage
- Personal Care
- Pharmaceutical
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Ardagh Group SA
- Amcor PLC
- Winpak Limited
- Dart Container Corporation
- Snapsil Corporation
- Transcontinental Inc.
- Berry Global Inc.,
- Huhtamaki Oyj
- Sealed Air Corporation
- Sonoco Products Company
- Hotpack Packaging Industries LLC

Product Code: CMI5161

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Material Type
- Market Snippet, By End-User Industry
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions

4. Global Single Use Packaging Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Single Use Packaging Market
Impact Analysis

5. Global Single Use Packaging Market, By Material Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Paper and Paper Board
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Plastics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Glass
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Other Material Types
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

6. Global Single Use Packaging Market, By End-User Industry, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Food & Beverage
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Personal Care
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Pharmaceutical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

7. Global Single Use Packaging Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019-2031
North America
- Introduction
- Market Size and Forecast, By Material Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-User Industry, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Material Type, 2019 - 2031, (US$ Bn))
- Market Size and Forecast, By End-User Industry, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Material Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-User Industry, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Material Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-User Industry, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, By Material Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-User Industry, 2019 - 2031 (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

8. Competitive Landscape

Market Share Analysis
Company Profiles
- Ardagh Group SA
  - Company Overview
  - Material Type Portfolio
  - Recent Developments/Updates
- Amcor PLC
  - Company Overview
  - Material Type Portfolio
  - Recent Developments/Updates
- Winpak Limited
  - Company Overview
  - Material Type Portfolio
  - Recent Developments/Updates
- Dart Container Corporation
  - Company Overview
  - Material Type Portfolio
  - Recent Developments/Updates
- Snapsil Corporation
  - Company Overview
  - Material Type Portfolio
  - Recent Developments/Updates
- Transcontinental Inc.
  - Company Overview
  - Material Type Portfolio
  - Recent Developments/Updates
- Berry Global Inc.,
  - Company Overview
  - Material Type Portfolio
  - Recent Developments/Updates
- Huhtamaki Oyj
  - Company Overview
  - Material Type Portfolio
  - Recent Developments/Updates
- Sealed Air Corporation
  - Company Overview
  - Material Type Portfolio
  - Recent Developments/Updates
- Sonoco Products Company
  - Company Overview
  - Material Type Portfolio
  - Recent Developments/Updates
- Hotpack Packaging Industries LLC
  - Company Overview
  - Material Type Portfolio
  - Recent Developments/Updates

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Section

References
Research Methodology
About Us and Sales Contact
- Browse 25 market data tables* and 20 figures* on "Global Single Use Packaging Market" - Global forecast to 2031.