The Single-Use Packaging Market size was USD 26.12 billion in 2023 and is expected to Reach USD 42.27 billion by 2031 and grow at a CAGR of 6.2% over the forecast period of 2024-2031.
Demand for single use packaging will probably increase as a result of growing online sales, especially in emerging countries such as China and India.
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Public concerns about packaging waste, in particular plastics packaging waste, have been met by governments around the world. Regulations to reduce environmental waste and improve the management of waste are being implemented. This could have an adverse effect on market growth.
Market demand has been fuelled by the increased demand for online food delivery services, as well as use of a new packaging option that allows meal to be delivered in one package. In addition, even though they have significant impact on the environment, single use plastics continue to be used because of their light weight and durability in comparison with other materials. However, once alternatives to single use plastics begin to gain substantial market acceptance, the impact of this driver will gradually decrease.
KEY DRIVERS:
Cost-Effectiveness and Affordability of single use packaging to drive the market
Single use packaging is often more cost effective than durable or reusable packaging, making it an attractive option for both consumers and manufacturers.
RESTRAIN:
Waste Generation and Landfill Overflow
Waste generation and landfill fill up are significant contributors to single use packaging, raising a challenge for the management of wastes as well as environmental sustainability.
OPPORTUNITY:
Demand for environmentally friendly and sustainable packaging materials is increasing
A large number of opportunities have been opened up to manufacturers for the development and supply of bioplastics, compostates, recycling or reusability which replace conventional single use plastics due to increased demand for ecofriendly and sustainability packaging materials.
CHALLENGES:
Waste Management and Recycling Infrastructure
In order to collect, sort, and recycle single use packaging materials efficiently, there is a shortage of strong waste management and recycling facilities as well as inadequate public awareness.
In 2023, the revenue of the global Single Use Packaging Market is expected to fall by 3.5%. The war caused interruptions in the supply chain of raw materials and components used to produce single use packaging, for example plastics, paper or metals. This resulted in higher prices for these materials, with a corresponding increase in the cost to produce Single Use Packaging.
Since the start of the war, prices for PET have risen by more than 30% across America, which is a type of plastic that makes single use water bottles and other beverage containers. This is leading to increased prices for single use containers of beverages. The EU has banned the sale of many single plastic products such as straws, stirrers and cotton bud in Europe. The ban was initially intended to take effect in July 2021, but due to the COVID 19 epidemic, it had been postponed until January 2022. When the EU is concentrating on securing food security and energy independence, the war in Ukraine makes it more difficult to implement this ban.
The single use packaging market is expected to be affected by the current recession in a moderate way. First, there may be a higher likelihood that consumers will buy only useable packaging products in order to save money. They may choose to use cheap, disposable products rather than recycled ones for example. By contrast, consumers can become more concerned about their spending during the recession and will also be less inclined to buy solely used packaging products.
In addition, the recession could result in a rise in government regulation of single use packaging. This trend towards reducing plastic waste has already been undertaken by many governments and could be accelerated by the recession. For instance, the EU has banned single use plastic bags and straws, and several other countries are considering similar bans.
By Material
Polypropylene (PP)
Low Density Polyethylene (LDPE)
Polyethylene Terephthalate (PET)
Polystyrene (PS)
Expanded Polystyrene (EPS)
By Packaging Type
Bags
Pouches
Films
Sachets
Bottles
Cups
Others
By End Use
Pharmaceutical
Electronics & Electricals
Personal Care & Cosmetics
Others
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Asia Pacific is expected to dominate the market with the largest market share. Thanks to a number of end user industry organisations, this sector is one of the major investors and stakeholders in the single use packaging market. The increasing trend towards packaged meals, an increase in the number of restaurants and supermarket chains as well as a higher consumption of bottles for drinking water and beverages are major growth drivers across the region. The Indian Brand Equity Foundation forecasts that in 2026 the nation's e commerce market will reach USD 200 billion. In this part of the world, demand for packaging is largely driven by a growing use of internet and mobile phones.
India is the world's biggest provider of generic pharmaceuticals, making up 20% of global supply and meeting more than 60% of global demand for vaccines, as outlined in data from an Indian Brand Equity Foundation website. There is a value of USD 42 billion in India's pharmaceutical industry.
Europe is experiencing steady growth over the forecast period. This is due to rapid expansion of technology and increased retail stores.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some major key players in the Single-Use Packaging market are Ardagh Group SA, Bemis Company Inc, Snapsil Corporation, Coveris SA, Winpak Limited, Sealed Air Corporation, Ukr Plastic, Ampac Holding, Transcontinental Inc, Flextrus AB and other players.
In March 2022, Ardagh Group entered into an agreement with the constellation brands in inc. to design and produce new, highly decorated wine bottles for its Craftman's Union brand.
Winpak and Pure Cycle Technologies Inc. entered into a collaboration in March 2022.
| Report Attributes | Details |
| Market Size in 2023 | US$ 26.12 Bn |
| Market Size by 2031 | US$ 42.27 Bn |
| CAGR | CAGR of 6.2 % From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Material (High Density Polyethylene (HDPE), Polypropylene (PP), Low Density Polyethylene (LDPE), Polyethylene Terephthalate (PET), Polystyrene (PS), Expanded Polystyrene (EPS)) • by Packaging Type (Bags, Pouches, Films, Sachets, Bottles, Cups, Others) • by End Use (Pharmaceutical, Electronics & Electricals, Food & Beverages, Personal Care & Cosmetics, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Ardagh Group SA, Bemis Company Inc, Snapsil Corporation, Coveris SA, Winpak Limited, Sealed Air Corporation, Ukr Plastic, Ampac Holding, Transcontinental Inc, Flextrus AB |
| Key Drivers | • Cost-Effectiveness and Affordability of single use packaging to drive the market |
| Key Restraints | • Waste Generation and Landfill Overflow |
Ans: The Single-Use Packaging Market is expected to grow at a CAGR of 6.2 %.
Ans: The Single-Use Packaging Market size was USD 26.12 billion in 2023 and is expected to Reach USD 42.27 billion by 2031.
Ans: Cost-Effectiveness and Affordability of single use packaging to drive the market.
Ans: Waste Generation and Landfill Overflow to restrict the growth of the market.
Ans: Asia Pacific region is dominating the market with the largest market share.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Russia-Ukraine war
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
4.3 Supply Demand Gap Analysis
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Single-Use Packaging Market Segmentation, By Material
8.1 High Density Polyethylene (HDPE)
8.2 Polypropylene (PP)
8.3 Low Density Polyethylene (LDPE)
8.4 Polyethylene Terephthalate (PET)
8.5 Polystyrene (PS)
8.6 Expanded Polystyrene (EPS)
9. Single-Use Packaging Market Segmentation, By Packaging Type
9.1 Bags
9.2 Pouches
9.3 Films
9.4 Sachets
9.5 Bottles
9.6 Cups
9.7 Others
10. Single-Use Packaging Market Segmentation, By End Use
10.1 Pharmaceutical
10.2 Electronics & Electricals
10.3 Food & Beverages
10.4 Personal Care & Cosmetics
10.5 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Single-Use Packaging Market by Country
11.2.2North America Single-Use Packaging Market by Material
11.2.3 North America Single-Use Packaging Market by Packaging Type
11.2.4 North America Single-Use Packaging Market by End Use
11.2.5 USA
11.2.5.1 USA Single-Use Packaging Market by Material
11.2.5.2 USA Single-Use Packaging Market by Packaging Type
11.2.5.3 USA Single-Use Packaging Market by End Use
11.2.6 Canada
11.2.6.1 Canada Single-Use Packaging Market by Material
11.2.6.2 Canada Single-Use Packaging Market by Packaging Type
11.2.6.3 Canada Single-Use Packaging Market by End Use
11.2.7 Mexico
11.2.7.1 Mexico Single-Use Packaging Market by Material
11.2.7.2 Mexico Single-Use Packaging Market by Packaging Type
11.2.7.3 Mexico Single-Use Packaging Market by End Use
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Single-Use Packaging Market by Country
11.3.1.2 Eastern Europe Single-Use Packaging Market by Material
11.3.1.3 Eastern Europe Single-Use Packaging Market by Packaging Type
11.3.1.4 Eastern Europe Single-Use Packaging Market by End Use
11.3.1.5 Poland
11.3.1.5.1 Poland Single-Use Packaging Market by Material
11.3.1.5.2 Poland Single-Use Packaging Market by Packaging Type
11.3.1.5.3 Poland Single-Use Packaging Market by End Use
11.3.1.6 Romania
11.3.1.6.1 Romania Single-Use Packaging Market by Material
11.3.1.6.2 Romania Single-Use Packaging Market by Packaging Type
11.3.1.6.4 Romania Single-Use Packaging Market by End Use
11.3.1.7 Turkey
11.3.1.7.1 Turkey Single-Use Packaging Market by Material
11.3.1.7.2 Turkey Single-Use Packaging Market by Packaging Type
11.3.1.7.3 Turkey Single-Use Packaging Market by End Use
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Single-Use Packaging Market by Material
11.3.1.8.2 Rest of Eastern Europe Single-Use Packaging Market by Packaging Type
11.3.1.8.3 Rest of Eastern Europe Single-Use Packaging Market by End Use
11.3.2 Western Europe
11.3.2.1 Western Europe Single-Use Packaging Market by Country
11.3.2.2 Western Europe Single-Use Packaging Market by Material
11.3.2.3 Western Europe Single-Use Packaging Market by Packaging Type
11.3.2.4 Western Europe Single-Use Packaging Market by End Use
11.3.2.5 Germany
11.3.2.5.1 Germany Single-Use Packaging Market by Material
11.3.2.5.2 Germany Single-Use Packaging Market by Packaging Type
11.3.2.5.3 Germany Single-Use Packaging Market by End Use
11.3.2.6 France
11.3.2.6.1 France Single-Use Packaging Market by Material
11.3.2.6.2 France Single-Use Packaging Market by Packaging Type
11.3.2.6.3 France Single-Use Packaging Market by End Use
11.3.2.7 UK
11.3.2.7.1 UK Single-Use Packaging Market by Material
11.3.2.7.2 UK Single-Use Packaging Market by Packaging Type
11.3.2.7.3 UK Single-Use Packaging Market by End Use
11.3.2.8 Italy
11.3.2.8.1 Italy Single-Use Packaging Market by Material
11.3.2.8.2 Italy Single-Use Packaging Market by Packaging Type
11.3.2.8.3 Italy Single-Use Packaging Market by End Use
11.3.2.9 Spain
11.3.2.9.1 Spain Single-Use Packaging Market by Material
11.3.2.9.2 Spain Single-Use Packaging Market by Packaging Type
11.3.2.9.3 Spain Single-Use Packaging Market by End Use
11.3.2.10 Netherlands
11.3.2.10.1 Netherlands Single-Use Packaging Market by Material
11.3.2.10.2 Netherlands Single-Use Packaging Market by Packaging Type
11.3.2.10.3 Netherlands Single-Use Packaging Market by End Use
11.3.2.11 Switzerland
11.3.2.11.1 Switzerland Single-Use Packaging Market by Material
11.3.2.11.2 Switzerland Single-Use Packaging Market by Packaging Type
11.3.2.11.3 Switzerland Single-Use Packaging Market by End Use
11.3.2.1.12 Austria
11.3.2.12.1 Austria Single-Use Packaging Market by Material
11.3.2.12.2 Austria Single-Use Packaging Market by Packaging Type
11.3.2.12.3 Austria Single-Use Packaging Market by End Use
11.3.2.13 Rest of Western Europe
11.3.2.13.1 Rest of Western Europe Single-Use Packaging Market by Material
11.3.2.13.2 Rest of Western Europe Single-Use Packaging Market by Packaging Type
11.3.2.13.3 Rest of Western Europe Single-Use Packaging Market by End Use
11.4 Asia-Pacific
11.4.1 Asia-Pacific Single-Use Packaging Market by country
11.4.2 Asia-Pacific Single-Use Packaging Market by Material
11.4.3 Asia-Pacific Single-Use Packaging Market by Packaging Type
11.4.4 Asia-Pacific Single-Use Packaging Market by End Use
11.4.5 China
11.4.5.1 China Single-Use Packaging Market by Material
11.4.5.2 China Single-Use Packaging Market by Packaging Type
11.4.5.3 China Single-Use Packaging Market by End Use
11.4.6 India
11.4.6.1 India Single-Use Packaging Market by Material
11.4.6.2 India Single-Use Packaging Market by Packaging Type
11.4.6.3 India Single-Use Packaging Market by End Use
11.4.7 Japan
11.4.7.1 Japan Single-Use Packaging Market by Material
11.4.7.2 Japan Single-Use Packaging Market by Packaging Type
11.4.7.3 Japan Single-Use Packaging Market by End Use
11.4.8 South Korea
11.4.8.1 South Korea Single-Use Packaging Market by Material
11.4.8.2 South Korea Single-Use Packaging Market by Packaging Type
11.4.8.3 South Korea Single-Use Packaging Market by End Use
11.4.9 Vietnam
11.4.9.1 Vietnam Single-Use Packaging Market by Material
11.4.9.2 Vietnam Single-Use Packaging Market by Packaging Type
11.4.9.3 Vietnam Single-Use Packaging Market by End Use
11.4.10 Singapore
11.4.10.1 Singapore Single-Use Packaging Market by Material
11.4.10.2 Singapore Single-Use Packaging Market by Packaging Type
11.4.10.3 Singapore Single-Use Packaging Market by End Use
11.4.11 Australia
11.4.11.1 Australia Single-Use Packaging Market by Material
11.4.11.2 Australia Single-Use Packaging Market by Packaging Type
11.4.11.3 Australia Single-Use Packaging Market by End Use
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Single-Use Packaging Market by Material
11.4.12.2 Rest of Asia-Pacific Single-Use Packaging Market by Packaging Type
11.4.12.3 Rest of Asia-Pacific Single-Use Packaging Market by End Use
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Single-Use Packaging Market by Country
11.5.1.2 Middle East Single-Use Packaging Market by Material
11.5.1.3 Middle East Single-Use Packaging Market by Packaging Type
11.5.1.4 Middle East Single-Use Packaging Market by End Use
11.5.1.5 UAE
11.5.1.5.1 UAE Single-Use Packaging Market by Material
11.5.1.5.2 UAE Single-Use Packaging Market by Packaging Type
11.5.1.5.3 UAE Single-Use Packaging Market by End Use
11.5.1.6 Egypt
11.5.1.6.1 Egypt Single-Use Packaging Market by Material
11.5.1.6.2 Egypt Single-Use Packaging Market by Packaging Type
11.5.1.6.3 Egypt Single-Use Packaging Market by End Use
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Single-Use Packaging Market by Material
11.5.1.7.2 Saudi Arabia Single-Use Packaging Market by Packaging Type
11.5.1.7.3 Saudi Arabia Single-Use Packaging Market by End Use
11.5.1.8 Qatar
11.5.1.8.1 Qatar Single-Use Packaging Market by Material
11.5.1.8.2 Qatar Single-Use Packaging Market by Packaging Type
11.5.1.8.3 Qatar Single-Use Packaging Market by End Use
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Single-Use Packaging Market by Material
11.5.1.9.2 Rest of Middle East Single-Use Packaging Market by Packaging Type
11.5.1.9.3 Rest of Middle East Single-Use Packaging Market by End Use
11.5.2 Africa
11.5.2.1 Africa Single-Use Packaging Market by Country
11.5.2.2 Africa Single-Use Packaging Market by Material
11.5.2.3 Africa Single-Use Packaging Market by Packaging Type
11.5.2.4 Africa Single-Use Packaging Market by End Use
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Single-Use Packaging Market by Material
11.5.2.5.2 Nigeria Single-Use Packaging Market by Packaging Type
11.5.2.5.3 Nigeria Single-Use Packaging Market by End Use
11.5.2.6 South Africa
11.5.2.6.1 South Africa Single-Use Packaging Market by Material
11.5.2.6.2 South Africa Single-Use Packaging Market by Packaging Type
11.5.2.6.3 South Africa Single-Use Packaging Market by End Use
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Single-Use Packaging Market by Material
11.5.2.7.2 Rest of Africa Single-Use Packaging Market by Packaging Type
11.5.2.7.3 Rest of Africa Single-Use Packaging Market by End Use
11.6 Latin America
11.6.1 Latin America Single-Use Packaging Market by country
11.6.2 Latin America Single-Use Packaging Market by Material
11.6.3 Latin America Single-Use Packaging Market by Packaging Type
11.6.4 Latin America Single-Use Packaging Market by End Use
11.6.5 Brazil
11.6.5.1 Brazil Single-Use Packaging by Material
11.6.5.2 Brazil Single-Use Packaging by Packaging Type
11.6.5.3 Brazil Single-Use Packaging by End Use
11.6.6 Argentina
11.6.6.1 Argentina Single-Use Packaging by Material
11.6.6.2 Argentina Single-Use Packaging by Packaging Type
11.6.6.3 Argentina Single-Use Packaging by End Use
11.6.7 Colombia
11.6.7.1 Colombia Single-Use Packaging by Material
11.6.7.2 Colombia Single-Use Packaging by Packaging Type
11.6.7.3 Colombia Single-Use Packaging by End Use
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Single-Use Packaging by Material
11.6.8.2 Rest of Latin America Single-Use Packaging by Packaging Type
11.6.8.3 Rest of Latin America Single-Use Packaging by End Use
12 Company profile
12.1 Ardagh Group SA
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Bemis Company Inc
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Snapsil Corporation
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Coveris SA
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Winpak Limited
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Sealed Air Corporation
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Ukr Plastic
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Ampac Holding
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Transcontinental Inc
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Flextrus AB
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Bench marking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
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