Eco-Friendly Food Packaging Market Analysis by 2031
The Eco-Friendly Food Packaging Market is expected to register a CAGR of 7% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by material (metal, paper and paperboard, cans and barrels, others), type (recyclable packaging, degradable packaging reusable packaging, bio-based material packaging). The report further presents analysis based on application [food (bakery and confectionery, convenience food, meat fish and poultry, fruits and vegetables, dairy products, other food products), beverages (alcoholic beverages, non-alcoholic beverages)]. Global analysis is further broken-down at regional level and major countries. In terms of geography, the market is divided into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America). The report offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Eco-Friendly Food Packaging Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Eco-Friendly Food Packaging Market Segmentation
Material- Metal
- Paper and Paperboard
- Cans and Barrels
- Others
- Recyclable Packaging
- Degradable Packaging Reusable Packaging
- Bio Based Material Packaging
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Eco-Friendly Food Packaging Market Growth Drivers- Shift to Eco-Friendly Food Packaging: Currently, consumers and industries are more inclined towards using green alternatives to avoid plastic pollution and environmental degradation. Therefore, the eco-friendly food packaging market is outgrowing the demand for biodegradable, recyclable, and compostable packaging materials.
- Stricter Regulations on Plastic Waste: Stricter policies and regulations have been implemented by governments in their efforts to reduce plastic waste and become more sustainable. Bans have been placed upon single-use plastics, as well as incentives for sustainable packaging, which have all pushed food companies to adopt eco-friendly solutions, thus increasing the market.
- Consumer Preference for Sustainability: Increasingly, consumers are considering sustainability in their purchasing decisions, including food products. In recent years, with increasing awareness of the environment, food companies have responded through the choice of packaging materials to meet consumers' preferences, which would strengthen brand loyalty and increased demand for sustainable food packaging solutions.
- Growing Popularity of Compostable and Biodegradable Packaging: Compostable and biodegradable packaging materials, such as plant-based plastics and paper, are fast becoming popular alternatives for replacing petroleum-based plastics. This trend arises from goals of sustainability as well as consumer requests for naturally decomposing packaging without harming the environment.
- Minimalist Eco-Friendly Packaging: Then, with decreasing packs that use low resources and easy recycling, eco-friendly food packaging tends to be minimalist. Brands then use recyclable materials such as glass, aluminum, and cardboard to avoid waste and meet the consumers preferences of simple sustainable packaging.
- Plant-Based Packaging Innovations: Plant-based packaging, made of materials such as seaweed, mushrooms, and corn starch, is slowly creeping into the food industry. Good as a plant-based sustainable alternative to plastics, these damage the ecosystem with increasing speed and would surely lose ground as innovations in renewable and biodegradable packaging gain hold of the market.
- Expanding e-commerce and online food delivery: This present signifying promise to green packaging as online food delivery and e-commerce grow as there's a push for adoption of sustainable offerings .Firms in this area may capitalize on offering transparent biodegradable, recyclable or reusable packaging meeting both economic goals but boosting customer experience and loyalty tremendously.
- It's having great potential for smart packaging solutions in an eco-friendly material. Such freshness indicators and a tamper-evident seal with the QR code add value in keeping food safe using sustainable materials; hence, giving the companies a competitive edge in the specific market of consumers inclined toward eco-consciousness.
- Green Packaging Surge: With rising awareness in sustainability around the world, emerging markets are inclined more and more toward eco-friendly packaging. Thus, companies that enter the fresh markets will be able to get their share in demand growth around environmentally conscious products, which are helping limit plastic waste and expand the market share of sustainable packaging in use. This present signifying promise to green packaging as online food delivery and e-commerce grow as there's a push for adoption of sustainable offerings .Firms in this area may capitalize on offering transparent biodegradable, recyclable or reusable packaging meeting both economic goals but boosting customer experience and loyalty tremendously.
- Smart Eco-Packaging Solutions: It's having great potential for smart packaging solutions in an eco-friendly material. Such freshness indicators and a tamper-evident seal with the QR code add value in keeping food safe using sustainable materials; hence, giving the companies a competitive edge in the specific market of consumers inclined toward eco-consciousness.
- Emerging Markets and Sustainability: With rising awareness in sustainability around the world, emerging markets are inclined more and more toward eco-friendly packaging. Thus, companies that enter the fresh markets will be able to get their share in demand growth around environmentally conscious products, which are helping limit plastic waste and expand the market share of sustainable packaging in use.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Eco-Friendly Food Packaging Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Eco-Friendly Food Packaging Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
Based on geography, North America held the largest share of the eco-friendly food packaging market.
Mondi Group, Amcor, Ball Corporation, Tetra Pak, Crown Holdings Inc., Evergreen, Elopak, Printpack, Sealed Air Corporation, Westrock are the key players operating in the eco-friendly food packaging market.
On the basis of geography, the eco-friendly food packaging market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
As demand for biodegradable, recyclable, and compostable packaging materials is increasing, driving the growth of the eco-friendly food packaging market.
The Eco-Friendly Food Packaging Market is estimated to witness a CAGR of 7% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Eco- Friendly Food Packaging Market - By Material
1.3.2 Eco- Friendly Food Packaging Market - By Application
1.3.3 Eco- Friendly Food Packaging Market - By Type
1.3.4 Eco- Friendly Food Packaging Market - By Technique
1.3.5 Eco- Friendly Food Packaging Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ECO- FRIENDLY FOOD PACKAGING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ECO- FRIENDLY FOOD PACKAGING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ECO- FRIENDLY FOOD PACKAGING MARKET - GLOBAL MARKET ANALYSIS
6.1. ECO- FRIENDLY FOOD PACKAGING - GLOBAL MARKET OVERVIEW
6.2. ECO- FRIENDLY FOOD PACKAGING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ECO- FRIENDLY FOOD PACKAGING MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
7.1. OVERVIEW
7.2. MATERIAL MARKET FORECASTS AND ANALYSIS
7.3. PAPER AND PAPERBOARD
7.3.1. Overview
7.3.2. paper and paperboard Market Forecast and Analysis
7.4. PLASTIC
7.4.1. Overview
7.4.2. plastic Market Forecast and Analysis
7.5. METAL
7.5.1. Overview
7.5.2. metal Market Forecast and Analysis
7.6. CANS
7.6.1. Overview
7.6.2. cans Market Forecast and Analysis
7.7. BARRELS AND DRUMS
7.7.1. Overview
7.7.2. barrels and drums Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. others Market Forecast and Analysis
8. ECO- FRIENDLY FOOD PACKAGING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. FOOD
8.3.1. Overview
8.3.2. food Market Forecast and Analysis
8.4. BAKERY AND CONFECTIONERY
8.4.1. Overview
8.4.2. bakery and confectionery Market Forecast and Analysis
8.5. CONVENIENCE FOOD
8.5.1. Overview
8.5.2. convenience food Market Forecast and Analysis
8.6. MEAT
8.6.1. Overview
8.6.2. meat Market Forecast and Analysis
8.7. FISH
8.7.1. Overview
8.7.2. fish Market Forecast and Analysis
8.8. AND POULTRY
8.8.1. Overview
8.8.2. and poultry Market Forecast and Analysis
8.9. FRUITS AND VEGETABLES
8.9.1. Overview
8.9.2. fruits and vegetables Market Forecast and Analysis
8.10. OTHERS
8.10.1. Overview
8.10.2. others Market Forecast and Analysis
9. ECO- FRIENDLY FOOD PACKAGING MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
9.1. OVERVIEW
9.2. TYPE MARKET FORECASTS AND ANALYSIS
9.3. RECYCLED CONTENT PACKAGING
9.3.1. Overview
9.3.2. recycled content packaging Market Forecast and Analysis
9.4. DEGRADABLE PACKAGING
9.4.1. Overview
9.4.2. degradable packaging Market Forecast and Analysis
9.5. REUSABLE PACKAGING
9.5.1. Overview
9.5.2. reusable packaging Market Forecast and Analysis
10. ECO- FRIENDLY FOOD PACKAGING MARKET - REVENUE AND FORECASTS TO 2028 - TECHNIQUE
10.1. OVERVIEW
10.2. TECHNIQUE MARKET FORECASTS AND ANALYSIS
10.3. ACTIVE PACKAGING
10.3.1. Overview
10.3.2. active packaging Market Forecast and Analysis
10.4. MOLDED PACKAGING
10.4.1. Overview
10.4.2. molded packaging Market Forecast and Analysis
10.5. ALTERNATE FIBER PACKAGING
10.5.1. Overview
10.5.2. alternate fiber packaging Market Forecast and Analysis
10.6. MULTIPURPOSE PACKAGING
10.6.1. Overview
10.6.2. multipurpose packaging Market Forecast and Analysis
11. ECO- FRIENDLY FOOD PACKAGING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Eco- Friendly Food Packaging Market Overview
11.1.2 North America Eco- Friendly Food Packaging Market Forecasts and Analysis
11.1.3 North America Eco- Friendly Food Packaging Market Forecasts and Analysis - By Material
11.1.4 North America Eco- Friendly Food Packaging Market Forecasts and Analysis - By Application
11.1.5 North America Eco- Friendly Food Packaging Market Forecasts and Analysis - By Type
11.1.6 North America Eco- Friendly Food Packaging Market Forecasts and Analysis - By Technique
11.1.7 North America Eco- Friendly Food Packaging Market Forecasts and Analysis - By Countries
11.1.7.1 United States Eco- Friendly Food Packaging Market
11.1.7.1.1 United States Eco- Friendly Food Packaging Market by Material
11.1.7.1.2 United States Eco- Friendly Food Packaging Market by Application
11.1.7.1.3 United States Eco- Friendly Food Packaging Market by Type
11.1.7.1.4 United States Eco- Friendly Food Packaging Market by Technique
11.1.7.2 Canada Eco- Friendly Food Packaging Market
11.1.7.2.1 Canada Eco- Friendly Food Packaging Market by Material
11.1.7.2.2 Canada Eco- Friendly Food Packaging Market by Application
11.1.7.2.3 Canada Eco- Friendly Food Packaging Market by Type
11.1.7.2.4 Canada Eco- Friendly Food Packaging Market by Technique
11.1.7.3 Mexico Eco- Friendly Food Packaging Market
11.1.7.3.1 Mexico Eco- Friendly Food Packaging Market by Material
11.1.7.3.2 Mexico Eco- Friendly Food Packaging Market by Application
11.1.7.3.3 Mexico Eco- Friendly Food Packaging Market by Type
11.1.7.3.4 Mexico Eco- Friendly Food Packaging Market by Technique
11.2. EUROPE
11.2.1 Europe Eco- Friendly Food Packaging Market Overview
11.2.2 Europe Eco- Friendly Food Packaging Market Forecasts and Analysis
11.2.3 Europe Eco- Friendly Food Packaging Market Forecasts and Analysis - By Material
11.2.4 Europe Eco- Friendly Food Packaging Market Forecasts and Analysis - By Application
11.2.5 Europe Eco- Friendly Food Packaging Market Forecasts and Analysis - By Type
11.2.6 Europe Eco- Friendly Food Packaging Market Forecasts and Analysis - By Technique
11.2.7 Europe Eco- Friendly Food Packaging Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Eco- Friendly Food Packaging Market
11.2.7.1.1 Germany Eco- Friendly Food Packaging Market by Material
11.2.7.1.2 Germany Eco- Friendly Food Packaging Market by Application
11.2.7.1.3 Germany Eco- Friendly Food Packaging Market by Type
11.2.7.1.4 Germany Eco- Friendly Food Packaging Market by Technique
11.2.7.2 France Eco- Friendly Food Packaging Market
11.2.7.2.1 France Eco- Friendly Food Packaging Market by Material
11.2.7.2.2 France Eco- Friendly Food Packaging Market by Application
11.2.7.2.3 France Eco- Friendly Food Packaging Market by Type
11.2.7.2.4 France Eco- Friendly Food Packaging Market by Technique
11.2.7.3 Italy Eco- Friendly Food Packaging Market
11.2.7.3.1 Italy Eco- Friendly Food Packaging Market by Material
11.2.7.3.2 Italy Eco- Friendly Food Packaging Market by Application
11.2.7.3.3 Italy Eco- Friendly Food Packaging Market by Type
11.2.7.3.4 Italy Eco- Friendly Food Packaging Market by Technique
11.2.7.4 United Kingdom Eco- Friendly Food Packaging Market
11.2.7.4.1 United Kingdom Eco- Friendly Food Packaging Market by Material
11.2.7.4.2 United Kingdom Eco- Friendly Food Packaging Market by Application
11.2.7.4.3 United Kingdom Eco- Friendly Food Packaging Market by Type
11.2.7.4.4 United Kingdom Eco- Friendly Food Packaging Market by Technique
11.2.7.5 Russia Eco- Friendly Food Packaging Market
11.2.7.5.1 Russia Eco- Friendly Food Packaging Market by Material
11.2.7.5.2 Russia Eco- Friendly Food Packaging Market by Application
11.2.7.5.3 Russia Eco- Friendly Food Packaging Market by Type
11.2.7.5.4 Russia Eco- Friendly Food Packaging Market by Technique
11.2.7.6 Rest of Europe Eco- Friendly Food Packaging Market
11.2.7.6.1 Rest of Europe Eco- Friendly Food Packaging Market by Material
11.2.7.6.2 Rest of Europe Eco- Friendly Food Packaging Market by Application
11.2.7.6.3 Rest of Europe Eco- Friendly Food Packaging Market by Type
11.2.7.6.4 Rest of Europe Eco- Friendly Food Packaging Market by Technique
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Eco- Friendly Food Packaging Market Overview
11.3.2 Asia-Pacific Eco- Friendly Food Packaging Market Forecasts and Analysis
11.3.3 Asia-Pacific Eco- Friendly Food Packaging Market Forecasts and Analysis - By Material
11.3.4 Asia-Pacific Eco- Friendly Food Packaging Market Forecasts and Analysis - By Application
11.3.5 Asia-Pacific Eco- Friendly Food Packaging Market Forecasts and Analysis - By Type
11.3.6 Asia-Pacific Eco- Friendly Food Packaging Market Forecasts and Analysis - By Technique
11.3.7 Asia-Pacific Eco- Friendly Food Packaging Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Eco- Friendly Food Packaging Market
11.3.7.1.1 Australia Eco- Friendly Food Packaging Market by Material
11.3.7.1.2 Australia Eco- Friendly Food Packaging Market by Application
11.3.7.1.3 Australia Eco- Friendly Food Packaging Market by Type
11.3.7.1.4 Australia Eco- Friendly Food Packaging Market by Technique
11.3.7.2 China Eco- Friendly Food Packaging Market
11.3.7.2.1 China Eco- Friendly Food Packaging Market by Material
11.3.7.2.2 China Eco- Friendly Food Packaging Market by Application
11.3.7.2.3 China Eco- Friendly Food Packaging Market by Type
11.3.7.2.4 China Eco- Friendly Food Packaging Market by Technique
11.3.7.3 India Eco- Friendly Food Packaging Market
11.3.7.3.1 India Eco- Friendly Food Packaging Market by Material
11.3.7.3.2 India Eco- Friendly Food Packaging Market by Application
11.3.7.3.3 India Eco- Friendly Food Packaging Market by Type
11.3.7.3.4 India Eco- Friendly Food Packaging Market by Technique
11.3.7.4 Japan Eco- Friendly Food Packaging Market
11.3.7.4.1 Japan Eco- Friendly Food Packaging Market by Material
11.3.7.4.2 Japan Eco- Friendly Food Packaging Market by Application
11.3.7.4.3 Japan Eco- Friendly Food Packaging Market by Type
11.3.7.4.4 Japan Eco- Friendly Food Packaging Market by Technique
11.3.7.5 South Korea Eco- Friendly Food Packaging Market
11.3.7.5.1 South Korea Eco- Friendly Food Packaging Market by Material
11.3.7.5.2 South Korea Eco- Friendly Food Packaging Market by Application
11.3.7.5.3 South Korea Eco- Friendly Food Packaging Market by Type
11.3.7.5.4 South Korea Eco- Friendly Food Packaging Market by Technique
11.3.7.6 Rest of Asia-Pacific Eco- Friendly Food Packaging Market
11.3.7.6.1 Rest of Asia-Pacific Eco- Friendly Food Packaging Market by Material
11.3.7.6.2 Rest of Asia-Pacific Eco- Friendly Food Packaging Market by Application
11.3.7.6.3 Rest of Asia-Pacific Eco- Friendly Food Packaging Market by Type
11.3.7.6.4 Rest of Asia-Pacific Eco- Friendly Food Packaging Market by Technique
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Eco- Friendly Food Packaging Market Overview
11.4.2 Middle East and Africa Eco- Friendly Food Packaging Market Forecasts and Analysis
11.4.3 Middle East and Africa Eco- Friendly Food Packaging Market Forecasts and Analysis - By Material
11.4.4 Middle East and Africa Eco- Friendly Food Packaging Market Forecasts and Analysis - By Application
11.4.5 Middle East and Africa Eco- Friendly Food Packaging Market Forecasts and Analysis - By Type
11.4.6 Middle East and Africa Eco- Friendly Food Packaging Market Forecasts and Analysis - By Technique
11.4.7 Middle East and Africa Eco- Friendly Food Packaging Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Eco- Friendly Food Packaging Market
11.4.7.1.1 South Africa Eco- Friendly Food Packaging Market by Material
11.4.7.1.2 South Africa Eco- Friendly Food Packaging Market by Application
11.4.7.1.3 South Africa Eco- Friendly Food Packaging Market by Type
11.4.7.1.4 South Africa Eco- Friendly Food Packaging Market by Technique
11.4.7.2 Saudi Arabia Eco- Friendly Food Packaging Market
11.4.7.2.1 Saudi Arabia Eco- Friendly Food Packaging Market by Material
11.4.7.2.2 Saudi Arabia Eco- Friendly Food Packaging Market by Application
11.4.7.2.3 Saudi Arabia Eco- Friendly Food Packaging Market by Type
11.4.7.2.4 Saudi Arabia Eco- Friendly Food Packaging Market by Technique
11.4.7.3 U.A.E Eco- Friendly Food Packaging Market
11.4.7.3.1 U.A.E Eco- Friendly Food Packaging Market by Material
11.4.7.3.2 U.A.E Eco- Friendly Food Packaging Market by Application
11.4.7.3.3 U.A.E Eco- Friendly Food Packaging Market by Type
11.4.7.3.4 U.A.E Eco- Friendly Food Packaging Market by Technique
11.4.7.4 Rest of Middle East and Africa Eco- Friendly Food Packaging Market
11.4.7.4.1 Rest of Middle East and Africa Eco- Friendly Food Packaging Market by Material
11.4.7.4.2 Rest of Middle East and Africa Eco- Friendly Food Packaging Market by Application
11.4.7.4.3 Rest of Middle East and Africa Eco- Friendly Food Packaging Market by Type
11.4.7.4.4 Rest of Middle East and Africa Eco- Friendly Food Packaging Market by Technique
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Eco- Friendly Food Packaging Market Overview
11.5.2 South and Central America Eco- Friendly Food Packaging Market Forecasts and Analysis
11.5.3 South and Central America Eco- Friendly Food Packaging Market Forecasts and Analysis - By Material
11.5.4 South and Central America Eco- Friendly Food Packaging Market Forecasts and Analysis - By Application
11.5.5 South and Central America Eco- Friendly Food Packaging Market Forecasts and Analysis - By Type
11.5.6 South and Central America Eco- Friendly Food Packaging Market Forecasts and Analysis - By Technique
11.5.7 South and Central America Eco- Friendly Food Packaging Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Eco- Friendly Food Packaging Market
11.5.7.1.1 Brazil Eco- Friendly Food Packaging Market by Material
11.5.7.1.2 Brazil Eco- Friendly Food Packaging Market by Application
11.5.7.1.3 Brazil Eco- Friendly Food Packaging Market by Type
11.5.7.1.4 Brazil Eco- Friendly Food Packaging Market by Technique
11.5.7.2 Argentina Eco- Friendly Food Packaging Market
11.5.7.2.1 Argentina Eco- Friendly Food Packaging Market by Material
11.5.7.2.2 Argentina Eco- Friendly Food Packaging Market by Application
11.5.7.2.3 Argentina Eco- Friendly Food Packaging Market by Type
11.5.7.2.4 Argentina Eco- Friendly Food Packaging Market by Technique
11.5.7.3 Rest of South and Central America Eco- Friendly Food Packaging Market
11.5.7.3.1 Rest of South and Central America Eco- Friendly Food Packaging Market by Material
11.5.7.3.2 Rest of South and Central America Eco- Friendly Food Packaging Market by Application
11.5.7.3.3 Rest of South and Central America Eco- Friendly Food Packaging Market by Type
11.5.7.3.4 Rest of South and Central America Eco- Friendly Food Packaging Market by Technique
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. ECO- FRIENDLY FOOD PACKAGING MARKET, KEY COMPANY PROFILES
13.1. AMCOR
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. BALL CORPORATION
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. CROWN HOLDINGS INC.
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. ELOPAK
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. EVERGREEN
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. MONDI GROUP
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. PRINTPACK
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. SEALED AIR CORPORATION
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. TETRA PAK
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. WESTROCK
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Amcor
2. Ball Corporation
3. Crown Holdings Inc.
4. Elopak
5. Evergreen
6. Mondi Group
7. Printpack
8. Sealed Air Corporation
9. Tetra Pak
10. Westrock
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.