Global Zero Waste Packaging Market Overview
Zero-waste packaging is being heralded as a new industrial revolution. It claims that things would be packaged in such a way that there will be no waste. This is mostly accomplished by repurposing, reusing, and recycling garbage. As a result of the severe regulatory environment and worldwide environmental crises, the zero waste packaging industry is predicted to experience significant growth. Currently, about 200 million tonnes of plastic are disposed of in landfills due to plastic production. Furthermore, only a few recycling methods guarantee a completely clean-riddance, as industrial burning produces a large amount of harmful gas waste. Furthermore, numerous governments all across the world have outlawed single-use plastics. This is a key source of concern for the food and beverage industry. Alternatives to single-use plastics, according to key beverage industry participants, are not now practicable or commercially viable. Major innovation opportunities for participants in the zero waste packaging market are projected to arise as a result of the critical need and need to discover fresh solutions to an age-old challenge. The term "zero waste packaging" refers to a packaging system in which all materials are utilised, reused, or recycled, resulting in no waste product. While any sort of packing will contain some trash, there are advanced methods for turning the packaging process into a zero-waste operation. These steps are taken to minimise the threats caused to human health or the environment because of the burning of conventional packaging materials. The Global Zero Waste Packaging Market accounted for US$ 1535.22 million in 2020 and is estimated to be US$ 3590.9 million by 2030 and is anticipated to register a CAGR of 8.90%.
COVID-19 Impact on Zero Waste Packaging Market:
COVID-19 global impact resulted in a significant decline in revenues in the personal care and beauty care industries. The closure of supermarkets and specialty stores during the lockdown had a significant impact on the zero-waste packaging market's sales and revenue.
Global Zero Waste Packaging Market Dynamics
Demand advanced, robust, and reliable packaging solutions
As the e-commerce and food & beverage industries continue to seek creative, strong, and dependable packaging solutions, the zero waste packaging market is likely to rise significantly. In many parts of the world, e-commerce is displacing traditional brick and mortar retailers. Food delivery, which is a new increasing consumer demand around the world, is also being driven by it. In response to Amazon, major pharmacies such as Walgreens have started online ordering and delivery businesses. The expansion of this industry will result in significant demand for electronics, clothing, and other new services. The growing demand for novel packaging, as well as technology like as automation and 3D printing, are expected to drive the growth of zero waste packaging market.
Rising concern for environment
As the demand mounts, the world's largest brands are stepping up to the task and adopting zero-waste packaging solutions. Coca-Cola, for example, just unveiled its World without Waste Initiative, which aims to achieve 100% recycled packaging using 50% recycled materials. For every item sold, it also intends to collect and recycle one bottle or can. Similarly, Unilever declared a 50 percent reduction in its usage on Virgin plastics. It paved the way for new methods of processing and collecting plastic packaging. The Ocean Cleanup, a non-profit organization formed by Boyan, a Dutch inventor, has launched a global effort to gather huge amounts of plastic found in the ocean. This is done with the help of a decoding equipment to detect and collect plastic which has reached over 2,000 feet in length. In its initial trials, the device has surpassed expectations globally and is in line with various other initiatives which include creating packaging materials from plant-based materials.
Recycling labels be inclined to confuse consumers
Labeling is one of the most significant challenges with zero waste packaging; recycling labels can be confusing to consumers because they aren't clear about which things are acceptable and which aren't. It can be difficult to inform customers on how to dispose of their packaging while using a zero-waste strategy. Consumer behavior — if the process is excessively time-consuming or unclear, customers are less likely to follow directions. They may be pressed for time or simply neglect to dispose of their packing. Consumer convenience is the most important prerequisite for zero waste packaging to become a reality.
Global Zero Waste Packaging Market Segmentation
The Global Zero Waste Packaging Market is segmented based on material type, distribution channel, end-user and region.
On the basis of material type, the Global Zero Waste Packaging Market is segmented into Re-usable goods, Compostable Goods and Edible Goods. Based on distribution channel, the target market is segmented into offline retail and online retail. Based on end-user, the target market is segmented into Food & Beverages, healthcare, Personal Care, Industrial and Others. The food and beverage segment is expected to have the largest market share on account of rising demand for consumables, due to several advertising packaging concepts to attract consumers is estimated to fuel the growth of this segment. Hence increasing the growth of the zero waste packaging market.
Regional Insights:
On region the Global Zero Waste Packaging Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The zero waste packaging market is expected to register the largest market share in the North America region. The zero waste packaging market is expected to develop significantly due to rising demand for viable solutions and biologically progressive actions in places such as Maine banning plastics. Furthermore, the region is seeing widespread use of technology such as 3D printing, which is projected to reduce prices and enhance quality for manufacturers in the long run. Additionally, the Asia Pacific market for zero waste packaging is predicted to increase significantly. The zero waste packaging market is predicted to develop due to rising demand for consumer goods such as soft drinks and textiles, as well as manufacturing firms in the region.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
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Market Segmentation |
By Material Type- Re-usable Goods, Compostable Goods and Edible Goods By Distribution Channel– Offline Retail and Online Retail By End-User– Food & Beverages, Healthcare, Personal Care, Industrial and Others |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Zero Waste Packaging Market report based on material type, distribution channel, end-user and region.
Global Zero Waste Packaging Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Zero Waste Packaging Market Key Players
Due to the high number of small firms on the market, there is little rivalry. Market participants are expected to benefit from the adoption of business strategies such as regional expansion, new launches, and product developments. Some of the key industry leaders in the global zero-waste packaging market are GO Box, World Centric, Biome, PulpWorks, Inc., Package Free, Lifepack, Avani Eco, Biogusto, Bizongo, Recup, Loop Industries, Inc. and Loliware.
Global Zero Waste Packaging Market Company Profile
- GO Box
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- World Centric
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Biome
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- PulpWorks, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Package Free
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Lifepack
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Avani Eco
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Bizongo
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Recup
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Zero Waste Packaging Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Zero waste packaging Strategies
- Key Questions this Study will Answer
- Market Snippet, By Material Type
- Market Snippet, By Distribution Channel
- Market Snippet, By End-User
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Zero Waste Packaging Market, By Material Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Re-usable Goods
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Compostable Goods
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Edible Goods
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Zero Waste Packaging Market, By Distribution Channel, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Offline Retail
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Online Retail
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Zero Waste Packaging Market, By End-User, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Food & Beverage
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Healthcare
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Personal Care
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Industrial
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Zero Waste Packaging Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Material Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Material Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Material Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Material Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Material Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- GO Box
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- World Centric
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Biome
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- PulpWorks, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Package Free
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Lifepack
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Avani Eco
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Bizongo
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Recup
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Global Zero Waste Packaging Market is segmented based on Material Type, Distribution Channel, End-User and region.
Demand advanced, robust, and reliable packaging solutions is the major factor driving growth of the global market
The zero waste packaging market is expected to register the largest market share in the North America region. The increasing demand for viable solutions, biologically progressive initiatives in states like Maine banning plastics is estimated to drive the major growth for the zero waste packaging market.
Some of the key industry leaders in the global zero-waste packaging market are GO Box, World Centric, Biome, PulpWorks, Inc., Package Free, Lifepack, Avani Eco, Biogusto, Bizongo, Recup, Loop Industries, Inc. and Loliware.