PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1577120
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1577120
Plastic Alternative Packaging Market Forecasts to 2030 - Global Analysis By Process, Type, Application and By Geography
According to Stratistics MRC, the Global Plastic Alternative Packaging Market is accounted for $6.35 billion in 2024 and is expected to reach $18.22 billion by 2030 growing at a CAGR of 19.2% during the forecast period. Plastic alternative packaging refers to innovative materials and methods designed to replace traditional plastic packaging, aiming to reduce environmental impact and promote sustainability. This type of packaging often utilizes biodegradable, compostable, or recyclable materials derived from renewable sources, such as plant-based polymers, paper, or natural fibers. These alternatives not only help mitigate plastic pollution but also enhance the circular economy by encouraging the reuse and recycling of materials.
According to a study by Pew Charitable Trusts and SYSTEMIQ, Ltd., the amount of plastic trash that flows into the oceans every year is expected to nearly triple by 2040 to 29 million metric tons, if left unchecked.
Market Dynamics:
Driver:
Circular economy trends
As companies increasingly recognize the environmental impact of single-use plastics, innovative materials such as biodegradable films, plant-based polymers, and recycled paper are gaining traction. These alternatives not only reduce reliance on petroleum-based plastics but also minimize waste through design strategies that prioritize reuse and recycling. Furthermore, emerging technologies, such as enhanced composting methods and biomanufacturing, are further supporting this shift by improving the functionality and durability of alternative materials.
Restraint:
Innovation and development costs
The transition to plastic alternative packaging faces significant challenges due to high innovation and development costs. Developing sustainable materials, such as bioplastics or plant-based composites, requires substantial investment in research and development. This includes sourcing raw materials, optimizing production processes, and ensuring that the alternatives meet performance standards comparable to traditional plastics. Small and medium-sized enterprises often struggle to bear these financial burdens, which can hinder their ability to compete with established plastic manufacturers.
Opportunity:
Corporate sustainability initiatives
Corporate sustainability initiatives are increasingly focused on enhancing plastic alternative packaging as a response to environmental concerns and consumer demand for eco-friendly products. Companies are investing in research and development to create biodegradable, compostable, and recyclable materials that can effectively replace traditional plastics. Innovations such as plant-based polymers, mushroom-based packaging, and seaweed-derived materials are gaining traction, providing viable substitutes that reduce dependency on fossil fuels and minimize landfill waste. These initiatives not only help companies meet regulatory requirements and enhance brand reputation but also align with the growing consumer preference for sustainable options.
Threat:
Performance issues
Performance issues in plastic alternative packaging significantly hinder its widespread adoption and effectiveness. Many alternatives, such as bioplastics, paper-based materials, and plant-derived films, often struggle with durability, moisture resistance, and shelf life, which are critical for maintaining product quality. For instance, some biodegradable materials may not provide adequate barrier properties, leading to quicker spoilage or contamination of packaged goods. These alternatives can be more expensive to produce, which impacts their competitiveness against traditional plastics.
Covid-19 Impact:
The COVID-19 pandemic significantly influenced the landscape of plastic alternative packaging, driving both challenges and innovations. As hygiene concerns surged, demand for single-use plastics initially increased, prompting a temporary setback for sustainable packaging solutions. However, the crisis also heightened awareness of environmental issues, driving both consumers and businesses to seek eco-friendly alternatives. Many companies pivoted towards biodegradable materials and innovative packaging designs, inspired by a growing commitment to sustainability. Ultimately, the pandemic underscored the need for resilient, sustainable practices in the packaging industry, positioning plastic alternatives as vital components in a post-COVID world focused on health and environmental responsibility.
The Biodegradable segment is expected to be the largest during the forecast period
Biodegradable segment is expected to be the largest during the forecast period by offering sustainable solutions that minimize environmental impact. Traditional plastic packaging contributes significantly to pollution and landfill waste, prompting a shift towards biodegradable materials made from renewable resources such as plant starches, cellulose, and biopolymers. These materials are designed to break down naturally in various environments, reducing the longevity of waste and promoting a circular economy. Innovations in biodegradable packaging not only match the functionality of conventional plastics in terms of durability and flexibility but also cater to growing consumer demand for eco-friendly products.
The Polylactic Acid segment is expected to have the highest CAGR during the forecast period
Polylactic Acid segment is expected to have the highest CAGR during the forecast period. Derived from natural resources like corn starch or sugarcane, PLA offers a sustainable solution to traditional petroleum-based plastics, which contribute significantly to environmental pollution. Its production process generates fewer greenhouse gases, making it an eco-friendlier option. As consumer demand shifts towards sustainable practices, businesses are increasingly adopting PLA for various packaging applications, including food containers, bags, and films. PLA not only reduces dependence on fossil fuels but also enhances the circular economy by being compostable under industrial conditions.
Region with largest share:
North America region is anticipated to command the largest share of the Plastic Alternative Packaging Market over the extrapolated period. As businesses, governments, and research institutions unite, they are pooling resources, expertise, and innovative technologies to address the pressing challenges posed by plastic pollution. These collaborations foster the sharing of best practices and facilitate the scaling of sustainable materials, such as biodegradable plastics, hemp-based packaging, and recycled paper products.
Region with highest CAGR:
Europe region is estimated to witness profitable growth during the projected period. With growing environmental concerns and the urgent need to combat plastic pollution, European authorities have implemented stringent policies aimed at reducing single-use plastics and promoting sustainable alternatives. Initiatives such as the EU's Single-Use Plastics Directive and various national strategies are encouraging businesses to explore eco-friendly packaging solutions, including biodegradable materials, recycled content, and innovative designs that minimize waste. These regulations not only set clear guidelines for manufacturers but also foster research and development in sustainable materials. These elements are boosting the regional growth.
Key players in the market
Some of the key players in Plastic Alternative Packaging market include Amcor plc, Ball Corporation, BASF SE, Berry Global, Coca-Cola Company, DS Smith, GreenCell Technologies, Mondi Group and Sealed Air Corporation.
Key Developments:
In November 2023, A novel totally biodegradable and recyclable tray made from rice waste was presented by TIPA, a leader in the world of compostable packaging solutions. Because of the unusual pulp composition, the trays can also be disposed of in household compost bins or recycled bins with paper waste.
In February 2022, Hewlett-Packard Company, a US-based information technology company, acquired Choose Packaging for $10 billion. Through this acquisition, HP, Inc. would increase recyclable packaging solutions and promote alternatives to plastic bottles while also advancing HP's more general sustainability objectives.
Processes Covered:
- Reusable
- Recyclable
- Biodegradable
Types Covered:
- Cellulose-Based Plastics
- Starch-Based Plastic
- Polylactic Acid
- Polyhydroxyalkanoates
- Other Types
Applications Covered:
- Personal Care
- Food & Beverage
- Healthcare
- Other Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Plastic Alternative Packaging Market, By Process
- 5.1 Introduction
- 5.2 Reusable
- 5.3 Recyclable
- 5.4 Biodegradable
6 Global Plastic Alternative Packaging Market, By Type
- 6.1 Introduction
- 6.2 Cellulose-Based Plastics
- 6.3 Starch-Based Plastic
- 6.4 Polylactic Acid
- 6.5 Polyhydroxyalkanoates
- 6.6 Other Types
7 Global Plastic Alternative Packaging Market, By Application
- 7.1 Introduction
- 7.2 Personal Care
- 7.3 Food & Beverage
- 7.4 Healthcare
- 7.5 Other Applications
8 Global Plastic Alternative Packaging Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 Amcor plc
- 10.2 Ball Corporation
- 10.3 BASF SE
- 10.4 Berry Global
- 10.5 Coca-Cola Company
- 10.6 DS Smith
- 10.7 GreenCell Technologies
- 10.8 Mondi Group
- 10.9 Sealed Air Corporation
List of Tables
- Table 1 Global Plastic Alternative Packaging Market Outlook, By Region (2022-2030) ($MN)
- Table 2 Global Plastic Alternative Packaging Market Outlook, By Process (2022-2030) ($MN)
- Table 3 Global Plastic Alternative Packaging Market Outlook, By Reusable (2022-2030) ($MN)
- Table 4 Global Plastic Alternative Packaging Market Outlook, By Recyclable (2022-2030) ($MN)
- Table 5 Global Plastic Alternative Packaging Market Outlook, By Biodegradable (2022-2030) ($MN)
- Table 6 Global Plastic Alternative Packaging Market Outlook, By Type (2022-2030) ($MN)
- Table 7 Global Plastic Alternative Packaging Market Outlook, By Cellulose-Based Plastics (2022-2030) ($MN)
- Table 8 Global Plastic Alternative Packaging Market Outlook, By Starch-Based Plastic (2022-2030) ($MN)
- Table 9 Global Plastic Alternative Packaging Market Outlook, By Polylactic Acid (2022-2030) ($MN)
- Table 10 Global Plastic Alternative Packaging Market Outlook, By Polyhydroxyalkanoates (2022-2030) ($MN)
- Table 11 Global Plastic Alternative Packaging Market Outlook, By Other Types (2022-2030) ($MN)
- Table 12 Global Plastic Alternative Packaging Market Outlook, By Application (2022-2030) ($MN)
- Table 13 Global Plastic Alternative Packaging Market Outlook, By Personal Care (2022-2030) ($MN)
- Table 14 Global Plastic Alternative Packaging Market Outlook, By Food & Beverage (2022-2030) ($MN)
- Table 15 Global Plastic Alternative Packaging Market Outlook, By Healthcare (2022-2030) ($MN)
- Table 16 Global Plastic Alternative Packaging Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 17 North America Plastic Alternative Packaging Market Outlook, By Country (2022-2030) ($MN)
- Table 18 North America Plastic Alternative Packaging Market Outlook, By Process (2022-2030) ($MN)
- Table 19 North America Plastic Alternative Packaging Market Outlook, By Reusable (2022-2030) ($MN)
- Table 20 North America Plastic Alternative Packaging Market Outlook, By Recyclable (2022-2030) ($MN)
- Table 21 North America Plastic Alternative Packaging Market Outlook, By Biodegradable (2022-2030) ($MN)
- Table 22 North America Plastic Alternative Packaging Market Outlook, By Type (2022-2030) ($MN)
- Table 23 North America Plastic Alternative Packaging Market Outlook, By Cellulose-Based Plastics (2022-2030) ($MN)
- Table 24 North America Plastic Alternative Packaging Market Outlook, By Starch-Based Plastic (2022-2030) ($MN)
- Table 25 North America Plastic Alternative Packaging Market Outlook, By Polylactic Acid (2022-2030) ($MN)
- Table 26 North America Plastic Alternative Packaging Market Outlook, By Polyhydroxyalkanoates (2022-2030) ($MN)
- Table 27 North America Plastic Alternative Packaging Market Outlook, By Other Types (2022-2030) ($MN)
- Table 28 North America Plastic Alternative Packaging Market Outlook, By Application (2022-2030) ($MN)
- Table 29 North America Plastic Alternative Packaging Market Outlook, By Personal Care (2022-2030) ($MN)
- Table 30 North America Plastic Alternative Packaging Market Outlook, By Food & Beverage (2022-2030) ($MN)
- Table 31 North America Plastic Alternative Packaging Market Outlook, By Healthcare (2022-2030) ($MN)
- Table 32 North America Plastic Alternative Packaging Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 33 Europe Plastic Alternative Packaging Market Outlook, By Country (2022-2030) ($MN)
- Table 34 Europe Plastic Alternative Packaging Market Outlook, By Process (2022-2030) ($MN)
- Table 35 Europe Plastic Alternative Packaging Market Outlook, By Reusable (2022-2030) ($MN)
- Table 36 Europe Plastic Alternative Packaging Market Outlook, By Recyclable (2022-2030) ($MN)
- Table 37 Europe Plastic Alternative Packaging Market Outlook, By Biodegradable (2022-2030) ($MN)
- Table 38 Europe Plastic Alternative Packaging Market Outlook, By Type (2022-2030) ($MN)
- Table 39 Europe Plastic Alternative Packaging Market Outlook, By Cellulose-Based Plastics (2022-2030) ($MN)
- Table 40 Europe Plastic Alternative Packaging Market Outlook, By Starch-Based Plastic (2022-2030) ($MN)
- Table 41 Europe Plastic Alternative Packaging Market Outlook, By Polylactic Acid (2022-2030) ($MN)
- Table 42 Europe Plastic Alternative Packaging Market Outlook, By Polyhydroxyalkanoates (2022-2030) ($MN)
- Table 43 Europe Plastic Alternative Packaging Market Outlook, By Other Types (2022-2030) ($MN)
- Table 44 Europe Plastic Alternative Packaging Market Outlook, By Application (2022-2030) ($MN)
- Table 45 Europe Plastic Alternative Packaging Market Outlook, By Personal Care (2022-2030) ($MN)
- Table 46 Europe Plastic Alternative Packaging Market Outlook, By Food & Beverage (2022-2030) ($MN)
- Table 47 Europe Plastic Alternative Packaging Market Outlook, By Healthcare (2022-2030) ($MN)
- Table 48 Europe Plastic Alternative Packaging Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 49 Asia Pacific Plastic Alternative Packaging Market Outlook, By Country (2022-2030) ($MN)
- Table 50 Asia Pacific Plastic Alternative Packaging Market Outlook, By Process (2022-2030) ($MN)
- Table 51 Asia Pacific Plastic Alternative Packaging Market Outlook, By Reusable (2022-2030) ($MN)
- Table 52 Asia Pacific Plastic Alternative Packaging Market Outlook, By Recyclable (2022-2030) ($MN)
- Table 53 Asia Pacific Plastic Alternative Packaging Market Outlook, By Biodegradable (2022-2030) ($MN)
- Table 54 Asia Pacific Plastic Alternative Packaging Market Outlook, By Type (2022-2030) ($MN)
- Table 55 Asia Pacific Plastic Alternative Packaging Market Outlook, By Cellulose-Based Plastics (2022-2030) ($MN)
- Table 56 Asia Pacific Plastic Alternative Packaging Market Outlook, By Starch-Based Plastic (2022-2030) ($MN)
- Table 57 Asia Pacific Plastic Alternative Packaging Market Outlook, By Polylactic Acid (2022-2030) ($MN)
- Table 58 Asia Pacific Plastic Alternative Packaging Market Outlook, By Polyhydroxyalkanoates (2022-2030) ($MN)
- Table 59 Asia Pacific Plastic Alternative Packaging Market Outlook, By Other Types (2022-2030) ($MN)
- Table 60 Asia Pacific Plastic Alternative Packaging Market Outlook, By Application (2022-2030) ($MN)
- Table 61 Asia Pacific Plastic Alternative Packaging Market Outlook, By Personal Care (2022-2030) ($MN)
- Table 62 Asia Pacific Plastic Alternative Packaging Market Outlook, By Food & Beverage (2022-2030) ($MN)
- Table 63 Asia Pacific Plastic Alternative Packaging Market Outlook, By Healthcare (2022-2030) ($MN)
- Table 64 Asia Pacific Plastic Alternative Packaging Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 65 South America Plastic Alternative Packaging Market Outlook, By Country (2022-2030) ($MN)
- Table 66 South America Plastic Alternative Packaging Market Outlook, By Process (2022-2030) ($MN)
- Table 67 South America Plastic Alternative Packaging Market Outlook, By Reusable (2022-2030) ($MN)
- Table 68 South America Plastic Alternative Packaging Market Outlook, By Recyclable (2022-2030) ($MN)
- Table 69 South America Plastic Alternative Packaging Market Outlook, By Biodegradable (2022-2030) ($MN)
- Table 70 South America Plastic Alternative Packaging Market Outlook, By Type (2022-2030) ($MN)
- Table 71 South America Plastic Alternative Packaging Market Outlook, By Cellulose-Based Plastics (2022-2030) ($MN)
- Table 72 South America Plastic Alternative Packaging Market Outlook, By Starch-Based Plastic (2022-2030) ($MN)
- Table 73 South America Plastic Alternative Packaging Market Outlook, By Polylactic Acid (2022-2030) ($MN)
- Table 74 South America Plastic Alternative Packaging Market Outlook, By Polyhydroxyalkanoates (2022-2030) ($MN)
- Table 75 South America Plastic Alternative Packaging Market Outlook, By Other Types (2022-2030) ($MN)
- Table 76 South America Plastic Alternative Packaging Market Outlook, By Application (2022-2030) ($MN)
- Table 77 South America Plastic Alternative Packaging Market Outlook, By Personal Care (2022-2030) ($MN)
- Table 78 South America Plastic Alternative Packaging Market Outlook, By Food & Beverage (2022-2030) ($MN)
- Table 79 South America Plastic Alternative Packaging Market Outlook, By Healthcare (2022-2030) ($MN)
- Table 80 South America Plastic Alternative Packaging Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 81 Middle East & Africa Plastic Alternative Packaging Market Outlook, By Country (2022-2030) ($MN)
- Table 82 Middle East & Africa Plastic Alternative Packaging Market Outlook, By Process (2022-2030) ($MN)
- Table 83 Middle East & Africa Plastic Alternative Packaging Market Outlook, By Reusable (2022-2030) ($MN)
- Table 84 Middle East & Africa Plastic Alternative Packaging Market Outlook, By Recyclable (2022-2030) ($MN)
- Table 85 Middle East & Africa Plastic Alternative Packaging Market Outlook, By Biodegradable (2022-2030) ($MN)
- Table 86 Middle East & Africa Plastic Alternative Packaging Market Outlook, By Type (2022-2030) ($MN)
- Table 87 Middle East & Africa Plastic Alternative Packaging Market Outlook, By Cellulose-Based Plastics (2022-2030) ($MN)
- Table 88 Middle East & Africa Plastic Alternative Packaging Market Outlook, By Starch-Based Plastic (2022-2030) ($MN)
- Table 89 Middle East & Africa Plastic Alternative Packaging Market Outlook, By Polylactic Acid (2022-2030) ($MN)
- Table 90 Middle East & Africa Plastic Alternative Packaging Market Outlook, By Polyhydroxyalkanoates (2022-2030) ($MN)
- Table 91 Middle East & Africa Plastic Alternative Packaging Market Outlook, By Other Types (2022-2030) ($MN)
- Table 92 Middle East & Africa Plastic Alternative Packaging Market Outlook, By Application (2022-2030) ($MN)
- Table 93 Middle East & Africa Plastic Alternative Packaging Market Outlook, By Personal Care (2022-2030) ($MN)
- Table 94 Middle East & Africa Plastic Alternative Packaging Market Outlook, By Food & Beverage (2022-2030) ($MN)
- Table 95 Middle East & Africa Plastic Alternative Packaging Market Outlook, By Healthcare (2022-2030) ($MN)
- Table 96 Middle East & Africa Plastic Alternative Packaging Market Outlook, By Other Applications (2022-2030) ($MN)
