Recycled Materials Packaging Solutions Market by End-user and Geography - Forecast and Analysis 2022-2026

Published: Feb 2022 Pages: 120 SKU: IRTNTR72500

The recycled materials packaging solutions market share is expected to increase by USD 65.1 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.95%.

This recycled materials packaging solutions market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers recycled materials packaging solutions market segmentation by end-user (food and beverages, healthcare, and others) and geography (APAC, Europe, North America, South America, and Middle East and Africa). The recycled materials packaging solutions market report also offers information on several market vendors, including Amcor Plc, BASF SE, BioPak Pty Ltd., DS Smith Plc, DuPont de Nemours Inc., Elevate Packaging Inc., Friendly Trader Pty.Ltd., International Paper Co., Kruger Inc., Mondi Group, Ranpak Holdings Corp., Sealed Air Corp., Smurfit Kappa Group, The Tetra Laval Group, and The West Rock group among others.

What will the Recycled Materials Packaging Solutions Market Size be During the Forecast Period?

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Recycled Materials Packaging Solutions Market: Key Drivers, Trends, and Challenges

The increasing demand for recycled plastics from the packaging industry is notably driving the recycled materials packaging solutions market growth, although factors such as lack of awareness and acceptance of recycled materials packaging solutions may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the recycled materials packaging solutions industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Recycled Materials Packaging Solutions Market Driver

One of the key factors driving growth in the recycled materials packaging solutions market is the increasing demand for recycled plastics from the packaging industry. Many industries are adopting green and sustainable solutions owing to the increase in awareness about healthy living and a clean and healthy environment. This has led to a rise in demand for recycled plastics across the world. The industry is shifting toward the use of recycled plastics, with a growing number of consumers that are conscious about environmental protection norms. Recycled plastics offer new possibilities for reducing waste, lowering energy consumption and carbon emission, and decreasing water consumption to achieve high quality and performance. With an increase in the adoption of green options for various applications, the global recycled materials packaging solutions market is expected to grow at a significant pace during the forecast period.

Key Recycled Materials Packaging Solutions Market Challenge

The lack of awareness and acceptance of recycled materials packaging solutions will be a major challenge for the recycled materials packaging solutions market during the forecast period. The low penetration rate and the lack of awareness of the use of bio-based polymers in developing and underdeveloped countries pose a critical challenge to the vendors in the global recycled materials packaging solutions market. Owing to the lack of proper infrastructure and the presence of price-sensitive buyers, cost-efficient and easily available packaging solutions are preferred to recycled materials packaging solutions in developing and underdeveloped countries. Buyers in such countries prefer crude oil-based polymer resins, which are less expensive compared with bio-based polymers. The lack of awareness and acceptance of recycled materials packaging solutions is expected to limit the growth of the global recycled materials packaging solutions market.

Key Recycled Materials Packaging Solutions Market Trend

The growing use of recycled materials packaging solutions in the e-commerce industry is another factor supporting the recycled materials packaging solutions market share growth. Packaging accounts for a significant share of the total weight of products (to be delivered to the customer) in the e-commerce sector. Thus, to reduce the adverse impact of packaging waste on the environment, e-commerce companies are adopting recycled materials packaging solutions. Various products such as electronic goods, glass items, or any other fragile goods require protective packaging for the safe delivery of products. Protective packaging products, such as Styrofoam and bubble wrap, are lightweight and economical, but both are made of polystyrene, which is derived from hydrocarbons. The manufacturing of these products is an energy-intensive process, and these products are not eco-friendly as they take a longer time to degrade. This is the main factor that drives the demand for recycled materials packaging solutions in the e-commerce sector. 

This recycled materials packaging solutions market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global recycled materials packaging solutions market as a part of the global metal and glass containers market within the overall global containers and packaging market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the recycled materials packaging solutions market during the forecast period.

Who are the Major Recycled Materials Packaging Solutions Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Amcor Plc
  • BASF SE
  • BioPak Pty Ltd.
  • DS Smith Plc
  • DuPont de Nemours Inc.
  • Elevate Packaging Inc.
  • Friendly Trader Pty.Ltd.
  • International Paper Co.
  • Kruger Inc.
  • Mondi Group
  • Ranpak Holdings Corp.
  • Sealed Air Corp.
  • Smurfit Kappa Group
  • The Tetra Laval Group
  • The West Rock group

 

This statistical study of the recycled materials packaging solutions market encompasses successful business strategies deployed by the key vendors. The recycled materials packaging solutions market is fragmented and the vendors are deploying growth strategies such as selling and distributing their products extensively to customers across the world to compete in the market.

Product Insights and News

  • amcor.com - The company is involved in offering amlite heatflex recyclable, amprima recycle ready solutions among others.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The recycled materials packaging solutions market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Recycled Materials Packaging Solutions Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the recycled materials packaging solutions market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Recycled Materials Packaging Solutions Market?

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45% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for recycled materials packaging solutions in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The surge in demand for recycled materials packaging solutions from the food and beverage, pharmaceuticals, e-commerce, and organized retail industries in countries such as China, India, Australia, Singapore, Japan, Malaysia, and South Korea will facilitate the recycled materials packaging solutions market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

 In 2020, the outbreak of COVID-19 hindered the growth of the recycled materials packaging solutions market in APAC. The region was under partial or full lockdowns owing to the pandemic. However, the e-commerce businesses flourished in the region during the pandemic, which, in turn, recouped the demand for food and beverage and other industrial products. In addition, the food and beverage and pharmaceutical industries remained resilient to the effect of COVID-19 in 2020. This, in turn, propelled the demand for recycled materials packaging solutions from pharmaceutical and food and beverage companies. 

What are the Revenue-generating End-user Segments in the Recycled Materials Packaging Solutions Market?

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The recycled materials packaging solutions market share growth by the food and beverages segment will be significant during the forecast period. The changing lifestyles and food habits of people are the main reasons for the growth of the packaged food and beverages industry. This is encouraging various enterprises to launch innovative products, which will further support the growth of the market for recycled materials packaging solutions.

This report provides an accurate prediction of the contribution of all the segments to the growth of the recycled materials packaging solutions market size and actionable market insights on post COVID-19 impact on each segment.

 

Recycled Materials Packaging Solutions Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.95%

Market growth 2022-2026

$ 65.1 billion

Market structure

Fragmented

YoY growth (%)

4.38

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 45%

Key consumer countries

US, China, India, UK, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Amcor Plc, BASF SE, BioPak Pty Ltd., DS Smith Plc, DuPont de Nemours Inc., Elevate Packaging Inc., Friendly Trader Pty.Ltd., International Paper Co., Kruger Inc., Mondi Group, Ranpak Holdings Corp., Sealed Air Corp., Smurfit Kappa Group, The Tetra Laval Group, and The West Rock group

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Recycled Materials Packaging Solutions Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive recycled materials packaging solutions market growth during the next five years
  • Precise estimation of the recycled materials packaging solutions market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the recycled materials packaging solutions industry across APAC, Europe, North America, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of recycled materials packaging solutions market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

  • 5.1 Market segments
    • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
  • 5.2 Comparison by End-user
    • Exhibit 26: Chart on Comparison by End-user
    • Exhibit 27: Data Table on Comparison by End-user
  • 5.3 Food and beverages - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Food and beverages - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 29: Data Table on Food and beverages - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 30: Chart on Food and beverages - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Food and beverages - Year-over-year growth 2021-2026 (%)
  • 5.4 Healthcare - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Healthcare - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 33: Data Table on Healthcare - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 34: Chart on Healthcare - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Healthcare - Year-over-year growth 2021-2026 (%)
  • 5.5 Others - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by End-user
    • Exhibit 40: Market opportunity by End-user ($ billion)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026
    • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 North America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 UK - Market size and forecast 2021-2026
    • Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.11 Germany - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.12 India - Market size and forecast 2021-2026
    • Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 86: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 89: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 91: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 92: Matrix on vendor position and classification
  • 10.3 Amcor Plc
    • Exhibit 93: Amcor Plc - Overview
    • Exhibit 94: Amcor Plc - Business segments
    • Exhibit 95: Amcor Plc - Key news
    • Exhibit 96: Amcor Plc - Key offerings
    • Exhibit 97: Amcor Plc - Segment focus
  • 10.4 BASF SE
    • Exhibit 98: BASF SE - Overview
    • Exhibit 99: BASF SE - Business segments
    • Exhibit 100: BASF SE - Key news
    • Exhibit 101: BASF SE - Key offerings
    • Exhibit 102: BASF SE - Segment focus
  • 10.5 DuPont de Nemours Inc.
    • Exhibit 103: DuPont de Nemours Inc. - Overview
    • Exhibit 104: DuPont de Nemours Inc. - Business segments
    • Exhibit 105: DuPont de Nemours Inc. - Key offerings
    • Exhibit 106: DuPont de Nemours Inc. - Segment focus
  • 10.6 International Paper Co.
    • Exhibit 107: International Paper Co. - Overview
    • Exhibit 108: International Paper Co. - Business segments
    • Exhibit 109: International Paper Co. - Key news
    • Exhibit 110: International Paper Co. - Key offerings
    • Exhibit 111: International Paper Co. - Segment focus
  • 10.7 Kruger Inc.
    • Exhibit 112: Kruger Inc. - Overview
    • Exhibit 113: Kruger Inc. - Product / Service
    • Exhibit 114: Kruger Inc. - Key offerings
  • 10.8 Mondi Group
    • Exhibit 115: Mondi Group - Overview
    • Exhibit 116: Mondi Group - Business segments
    • Exhibit 117: Mondi Group - Key news
    • Exhibit 118: Mondi Group - Key offerings
    • Exhibit 119: Mondi Group - Segment focus
  • 10.9 Ranpak Holdings Corp.
    • Exhibit 120: Ranpak Holdings Corp. - Overview
    • Exhibit 121: Ranpak Holdings Corp. - Product / Service
    • Exhibit 122: Ranpak Holdings Corp. - Key offerings
  • 10.10 Sealed Air Corp.
    • Exhibit 123: Sealed Air Corp. - Overview
    • Exhibit 124: Sealed Air Corp. - Business segments
    • Exhibit 125: Sealed Air Corp. - Key news
    • Exhibit 126: Sealed Air Corp. - Key offerings
    • Exhibit 127: Sealed Air Corp. - Segment focus
  • 10.11 Smurfit Kappa Group
    • Exhibit 128: Smurfit Kappa Group - Overview
    • Exhibit 129: Smurfit Kappa Group - Business segments
    • Exhibit 130: Smurfit Kappa Group - Key news
    • Exhibit 131: Smurfit Kappa Group - Key offerings
    • Exhibit 132: Smurfit Kappa Group - Segment focus
  • 10.12 The Tetra Laval Group
    • Exhibit 133: The Tetra Laval Group - Overview
    • Exhibit 134: The Tetra Laval Group - Business segments
    • Exhibit 135: The Tetra Laval Group - Key news
    • Exhibit 136: The Tetra Laval Group - Key offerings
    • Exhibit 137: The Tetra Laval Group - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 138: Inclusions checklist
    • Exhibit 139: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 140: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 141: Research methodology
    • Exhibit 142: Validation techniques employed for market sizing
    • Exhibit 143: Information sources
  • 11.5 List of abbreviations
    • Exhibit 144: List of abbreviations
  • type: Includes bottles, jars, jugs, and vials o

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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recycled materials packaging solutions market

Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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