Jun 13, 2022   SOURCE: BusinessWire

Worldwide Zero Waste Packaging Industry to 2028 - Players Include Loop Industries, Future Plans, PulpWork and Biome - ResearchAndMarkets.com

The "Zero Waste Packaging Market, by Type, by Distribution Channel, by End User, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028" report has been added to ResearchAndMarkets.com's offering.

The zero-waste philosophy supports recycling and reuse of packaging. The returnable glass milk jug or glass bottle of sodas 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 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 significant expenses of implementation, as it imposes a cost burden on the 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 the market growth over the forecast period.

Plant-based packaging options have seen huge development, with most of the materials made from organic sources. However, the right packaging choice relies upon 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 business organizations as a biodegradable packaging alternative.

Key features of the study:

  • This report provides an in-depth analysis of global zero waste packaging market, market size (US$ million), and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 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
  • 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
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Company Profiles

  • Loop Industries Inc.
  • Future Plans
  • PulpWork Inc.
  • Avani Eco
  • Loliware
  • Lifepack
  • Aarohana Ecosocial Development
  • Package Free
  • GO Box
  • World Centric
  • Biome

For more information about this report visit https://www.researchandmarkets.com/r/rat0ig