Global Zero Waste Packaging Market Size, Share & Forecast to 2027


Posted August 1, 2020 by yash7144

The global zero waste packaging market size was estimated at USD 1.4 billion in 2018 and expected to expand a significant CAGR of 10.8% during the forecast period 2020 to 2027.

 
The global zero waste packaging market size was estimated at USD 1.4 billion in 2018 and expected to expand a significant CAGR of 10.8% during the forecast period 2020 to 2027. In 2019, Loop Industries has signed an agreement with world’s leading company Danone S.A. to purchase 100% upcycled and sustainable loop branded PTE in its product portfolio. On the other hand, in Sep 2019, Loliware LLC has launched plant-based, decomposable, and eco-friendly straws, which disappear when thrown away.

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On the basis of segment, the zero waste packaging market is classified into material, end-use, distribution channel, and region. On the basis of distribution channel, the offline segment holds the major market share globally. The companies are collaborating this packaging to decrease the use of plastic, which is a key factor to drive the market positively. In addition, the increasing demand of sustainable and biodegradable packaging worldwide will boost the market growth during the forecast period.

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The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions. In addition, the report has dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

Global zero waste packaging market size and forecast were obtained by using "Bottom-up" and "Top-down" approaches. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which helps to formulate competitive market strategies and make informed decisions.

Zero Waste Packaging Market research report presents the analysis of each segment from 2018 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments are calculated for the forecast period from 2020 to 2027.

Zero Waste Packaging Market Segmentation:

By Material:

Re-usable Goods
Compostable Goods
Edible Goods

By End-User:

Food & Beverages
Healthcare
Personal Care
Others

By Distribution Channel:

Online
Offline

List of Key Companies:

Loop Industries, Inc.
PulpWorks, Inc.
Avani Eco
Loliware LLC
Aarohana EcoSocial Developments
Package Free LLC
Biome Technologies Plc

Geographic Coverage:

North America
Europe
Asia-Pacific
Rest of The World

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Research Corridor is a global market research firm. Our insightful analysis is focused on developed and emerging markets. We identify trends and forecast markets with a view to aid businesses identify market opportunities optimize strategies. Our expert’s team of analysts provides enterprises with strategic insights. Research Corridor works to help enterprises grow through strategic insights and actionable solutions. Feel free to contact us for any report customization at [email protected] .

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Tags global zero waste packaging market size , share forecast to 2027
Last Updated August 1, 2020