PVC-free packaging is a rapidly growing market due to the health and environmental concerns associated with the use of PVC. PVC is a known carcinogen and has been linked to a variety of health problems, including liver damage, reproductive problems, and developmental defects. PVC is also one of the most environmentally damaging plastics, as it emits harmful chemicals throughout its lifecycle. As a result, companies are increasingly looking for alternatives to PVC packaging.
The Global PVC-Free Packaging Market is expected to grow at a CAGR of roughly 4.4% over the next ten years and will reach USD 5.0 bn in 2028, from USD 3.2 bn in 2018, according to a new Market.us (Prudour Research) study.
There are a number of options available for PVC-free packaging, including paper, cardboard, plant-based plastics, and even aluminum. While some of these materials may be more expensive than PVC, they are much safer for both human health and the environment. In addition, many companies are willing to pay more for eco-friendly packaging that does not damage their brand reputation.
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Key Market Segments
Type
PVC-free Blisters
PVC-free closures
PVC-free Liners
Others
Application
Food & Beverages
Cooked vegetables
Pasteurized products
Others
Pharmaceutical
Cosmetics & Personal Care
Homecare
Chemical & Fertilizers
Others
Who is winning?
Top manufacturers of Pvc-Free Packaging market are acquired small players to expand their geographic reach. Moreover, Companies is focusing on new product developments and strategic partnerships with suppliers and distributors in various regions (Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.) across the globe to strengthen the market reach and drive the demand for effective Pvc-Free Packaging.
Key Market Players included in the report:
Crown Holdings Inc.
Amcor Limited
Sacmi Group
Tekni-Plex Inc.
Constantia Flexibles Group GmbH
Selig Group
Technovinyl Polymers India Ltd.
World Bottling Cap LLC
Danbury Plastics
Manufacture Générale de Joints SAS
Mexichem Specialty Compounds Inc.
Main Benefit of Market Report
-The report offers ongoing market trends and upcoming growth expectations.
-The report provides detailed research on changing competitive dynamics.
-The report covers information regarding trends, drivers, restraints, opportunities, and threats of the market.
-It provides a forecast(2022-2031) evaluation based on how the market is projected to grow.
-This report organized data regarding companies and business decisions by having detailed and complete study of the markets.
The base of geography, the world market of Pvc-Free Packaging has been segmented as follows:
1. North America (the United States, Canada and Mexico)
2. Asia-Pacific (Japan, China, India, Australia etc)
3. Europe (Germany, UK, France etc)
4. Central and South America (Brazil, Argentina etc)
5. The Middle East and Africa (United Arab Emirates, Saudi Arabia, South Africa etc)
Questionnaire answered in the Pvc-Free Packaging Market report include:
What are the biggest challenges the global Pvc-Free Packaging markets will face in the near future?
Which crucial factors are accountable for the robust growth of the global Pvc-Free PackagingMarket?
How the market for Pvc-Free Packaging has grown?
What is the present and future outlook of Pvc-Free Packaging based on geographical regions?
What is the USP of the Pvc-Free Packaging market report?
What is the Pvc-Free Packaging market size?
Why are Pvc-Free Packaging so popular?
Why the consumption of Pvc-Free Packaging highest in region?
What are the estimated figures pertaining to the overall market in the coming few years?
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