Zero Waste Packaging Market

Zero Waste Packaging Market, By Type (Re-Usable Goods, Compostable Goods, Edible Goods), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online Sales Channels, Others), By End User (Food and Beverage, Healthcare, Personal Care, Others (Industrial, etc.)), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

The zero-waste philosophy supports recycling and reusing packaging. The returnable glass milk jug or glass bottle of soda are the best instances of zero-waste packaging. A shift from plastic packaging will influence shoppers and manufacturers to reuse packaging, leaving behind no waste. In different cases, the packaging can be totally reused, or the bundling can biodegrades without causing any harm to the environment. A lot of manufacturers are presently changing to insignificant packaging and utilizing materials such as paper, glass, wood, and other eco-friendly and reusable materials rather than plastic packaging. The global zero waste packaging market faces few hindrances to its growth due to concerns over the significant expenses of implementation, as it imposes a cost burden on organizations and in many cases, creates inconveniences during its implementation.

Apart from these challenges, zero-waste packaging materials may require unique disposal methods. However, not all customers may be familiar with different packaging materials and how they must be disposed of. These factors can hamper market growth over the forecast period.

Plant-based packaging options have seen huge development, with most of the materials coming from organic sources. However, the right packaging choice depends on the item being packaged. Bulkier products require a durable plant base, like mushrooms. The byproducts of industries such as agribusiness usually help minimize supply chain waste. For example, compacted plant strands such as coconut and mushroom fibers can be used in e-commerce businesses as a biodegradable packaging alternative. In contrast to plastic polymers, compostable polymers are produced using corn starch. For instance, Ecovative Design, a Material Company, provides sustainable alternatives to plastics. Mushroom-based packaging called Myco-composite has been embraced by IKEA, a home furnishing company that sells home accessories and interior items. The company is famous for its eco-friendly products and its drive to reduce waste. Grown in a controlled environment, the Myco-composite packaging can grow around a mold, which then, at that point, precisely fits the products.

Key features of the study:

• This report provides an in-depth analysis of global zero waste packaging market, market size (US$ Billion), and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global zero waste packaging market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Loop Industries Inc., Pulp Works Inc., Avani Eco, Loliware, Lifepack, Aarohana Ecosocial Development, Package Free, GO Box, World Centric, and Biome
• Insights from this report would allow marketers and management authorities of companies to make an informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The global zero waste packaging market report caters to various stakeholders in this industry including investors, suppliers, wood plastic composite manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global zero waste packaging market

Detailed Segmentation:

• Global Zero Waste Packaging Market, By Type:
• Re-Usable Goods
• Compostable Goods
• Edible Goods
• Global Zero Waste Packaging Market, By Distribution Channel:
• Supermarkets/Hypermarkets
• Specialty Stores
• Online Sales Channels
• Others
• Global Zero Waste Packaging Market, By End User:
• Food and Beverage
• Healthcare
• Personal Care
• Others (Industrial, etc.)
• Global Zero Waste Packaging Market, By Region:
• North America

By Country:

• U.S
• Canada
• Latin America

By Country:

• Brazil
• Mexico
• Argentina
• Rest of Latin America
• Europe

By Country:

• Germany
• U.K
• France
• Italy
• Spain
• Russia
• Rest of Europe
• Asia Pacific

By Country:

• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa

By Country/Region:

• Middle East and Africa
• Company Profiles
• Loop Industries Inc.
• Pulp Work Inc.
• Avani Eco
• Loliware
• Lifepack
• Aarohana Ecosocial Development
• Package Free
• GO Box
• World Centric
• Biome