Bio PE Pouches is regenerative alternative to fossil polyethylene (PE) based pouches. These are widely used for packaging of household products, food & cosmetics products among others. These pouches are based on petroleum resources, which are 100% biodegradable, such as polycaprolactone (PCL), polybutylene succinate (PBS), polybutylene adipate (PBA) and its copolymers with synthetic polyesters like polybutylene adipate-terephthalate (PBAT) and polyvinyl alcohol (PVOH) among others. The rising adoption of sustainable packaging solutions and increasing demand for food & beverages products as well as recent product announcements from leading market players are factors that are accelerating the global market demand. For instance, according to Statista – in 2019, the global market for green packaging was valued at USD 178.6 billion, and this amount is projected to grow to USD 246.3 billion by 2025. Moreover, leading market players are coming up with innovative products to leverage the growing demand for Bio PE Pouches. For instance, in April 2021, Sydney, Australia based Grounded Packaging unveiled a recyclable and carbon-negative sugarcane-based flexible pouch.
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This new pack is made from Bio PE & printed with non-toxic inks and can be recycled in both dedicated PE recycling and general soft plastic streams. Moreover, in December 2021, Australia based Amcor launched a new recycle-ready liquid pouch packaging solution named AmPrima PE Plus recycle ready solution. Also, growing food processing sector in emerging economies and favorable government regulations towards use of single use plastic packaging are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, availability of low-cost alternatives and slow penetration in emerging markets impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Bio PE Pouch Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing adoption of sustainable packaging solutions and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of food and beverages sector and increasing penetration of global market players in the region, would create lucrative growth prospects for the global Bio PE Pouch Market across the Asia Pacific region.
Major market players included in this report are:
Smurfit Kappa
Amcor plc
Mondi
Berry Global Inc.
Sonoco Products Company
Sealed Air
Huhtamaki
Constantia Flexibles
Clondalkin Group Holdings B.V.
Korozo A.S.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Fillings Process
Hot Fill
Cold Fill
Ambient Fill
By Application
Automotive
Construction
Packaging
Personal Care
Food
Consumer Goods
Electrical & Electronics
Others
By Region:
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North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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