Single-Use Packaging Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Single-Use Packaging Market is segmented By Material Type (Paper & Paper Board, Plastic, Glass, Others), By End User (Food, Beverage, Electronics, Personal Care, Pharmaceutical), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Single-Use Packaging Market Size

The Global Single-Use Packaging Market reached USD 29 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 41 billion by 2030. The market is growing at a CAGR of 5.2% during the forecast period 2023-2030. The Global Single-Use Packaging Market is a vital packaging industry segment, catering to the needs of various sectors such as food and beverage, pharmaceuticals, personal care, and e-commerce.

As businesses across industries seek efficient packaging solutions, the global single-use packaging market is witnessing a major upward market trend.

From convenient food packaging to safe pharmaceutical containers, single-use packaging is a practical solution for preserving and transporting products. With increasing consumer demand and environmental concerns, sustainability has become a crucial aspect of the single-use packaging market. Eco-friendly packaging options are gaining prominence, aligning with the global focus on reducing waste and minimizing environmental impact.

The plastic segment still dominates the type segment with over 20% of the market share. Nonetheless, as countries across the globe are switching to sustainable materials for packaging, the paper and paper board segment is expected to attain the majority of the market share. While the market experiences various market trends, regional variations play a significant role.

Asia-Pacific dominates the regional segment of the respective market with around 25% of the market share. By understanding these regional dynamics, businesses can tailor their strategies to effectively target specific markets and capitalize on emerging market opportunities.

Single-Use Packaging Market Scope

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Single-Use Packaging Market Dynamics

Increasing Demand For Convenience Packaging

Various factors drive the Global Single-Use Packaging Market, one of the major drivers being the increasing demand for convenience packaging. Convenience packaging refers to single-use packaging that is easy to use and can be disposed of after use. Consumers prefer the respective type of packaging as it saves time and effort. Convenience packaging is extensively used in the food and beverage industry, where it is used for packaging ready-to-eat meals, snacks, and beverages. 

According to government statistical data, the food and beverage industry is one of the largest users of single-use packaging. Several companies have launched new products in response to the growing demand for single-use packaging.

For example, in March 2021, Nestle launched a range of single-use coffee pods made from 100% plant-based materials. The pods are compatible with Nespresso machines and are biodegradable. Thus, increasing demand for convenience packaging is a major driver for global single-use packaging.

Growing Concern Over The Environmental Impact

Government statistical data reveals a growing concern over the environmental impact of single-use packaging, leading to various policies and regulations to curtail its usage. For instance, according to the United Nations Environment Programme, approximately 8 million tons of plastic waste enter the oceans each year, with single-use plastics being a significant contributor. Such alarming figures have prompted governments worldwide to take action.

In recent years, numerous countries have introduced policies to reduce the consumption of single-use plastics. The European Union, for example, implemented the Single-Use Plastics Directive in 2019, banning several single-use plastic products and imposing strict regulations on others. Similarly, India launched the "Plastic Waste-Free India" campaign, targeting the elimination of single-use plastics by 2022. 

sThese initiatives signify a growing trend of government intervention to mitigate the environmental impact of single-use packaging.

Single-Use Packaging Market Segment Analysis

The global single-use packaging market is segmented based on material type, end-user and region.

Increasing Focus On Sustainable And Eco-Friendly Packaging Solutions

The global single-use packaging market has witnessed substantial growth in recent years, with an increasing focus on sustainable and eco-friendly packaging solutions. According to the United States Department of Agriculture (USDA), the demand for paper-based packaging has been steadily rising in recent years. This can be attributed to several factors, including increased environmental awareness and consumer preference for sustainable packaging options. Furthermore, government initiatives promoting the use of recycled and renewable materials have contributed to the growth of the Paper & Paper Board segment.

Source: DataM Intelligence Analysis (2023)

Single-Use Packaging Market Geographical Share

Asia-Pacific's Robust Economic Growth Has Been A Significant Catalyst

The Asia-Pacific is witnessing a remarkable surge in the global single-use packaging market, positioning itself as a key player in this rapidly growing industry. Asia-Pacific's robust economic growth has significantly boosted its dominance in the single-use packaging market. According to government statistical data, the region's economies have been expanding steadily, driving consumption and demand for packaged goods. 

For instance, China's GDP growth rate averaged 6.7% from 2016 to 2020, while India's grew at an average rate of 6.8% during the same period. Such growth indicates a rise in disposable incomes and changing consumer lifestyles, resulting in a higher need for single-use packaging solutions to meet the rising demand for convenience and hygiene.

Source: DataM Intelligence Analysis (2023)

Single-Use Packaging Market Companies

The major global players include Ardagh Group S.A., Bemis Company Inc.(AMCOR), Winpak Limited, Zipz Inc., Snapsil Corporation, TC Transcontinental Inc., Tetra Pak, Sealed Air, T.H.E.M. and Mondi.

Key Developments

• On April 19, 2023, Puracy, a U.S.-based packaging solution provider, launched 100% aluminum cans named clean cans as an alternative for single-use plastic packs.
• On July 17, 2021, the Indian Defense Research and Development organization partnered with Acharya Nagarjuna University to develop biodegradable packaging products that could revolutionize the market for single-use packaging.
• On April 27, 2023, Google has introduced the Single-Use Plastics Challenge, enabling food companies to trial whether their single-use packaging solutions are devoid of plastic in Google's U.S.-located cafes and MicroKitchens.

Why Purchase the Report?

• To visualize the Global Single-Use Packaging Market segmentation based on material type, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development. 
• Excel data sheet with numerous single-use packaging market-level data points with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The Global Single-Use Packaging Market Report Would Provide Approximately 53 Tables, 51 Figures And 181 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies