• Advertise
  • Contact Us
  • About Us
  • Supplier Directory
  • SCB YouTube
  • Login
  • Subscribe
  • Logout
  • My Profile
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Express/Small Shipments
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management (Big Data/IoT/Blockchain)
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Sourcing/Procurement/SRM
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • SC Security & Risk Mgmt
    • Supply Chains in Crisis
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Robotics
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • THINK TANK
  • WEBINARS
    • On-Demand Webinars
    • Upcoming Webinars
    • Webinar Library
  • PODCASTS
  • VIDEOS
  • WHITEPAPERS
Home » Recyclable Packaging Market Expected to Grow 7 Percent Worldwide Through 2020

Recyclable Packaging Market Expected to Grow 7 Percent Worldwide Through 2020

August 12, 2016
Technavio

The report segments the market on the basis of types of materials, end-users and geography. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market.

Europe was the largest market for recyclable packaging with Germany dominating the market in the region. The high market share of this region can be attributed to the presence of major consumer goods companies such as Nestlé and Pernod Ricard.

Technavio transportation and logistics analysts highlight the following four factors that are contributing to the growth of the global recyclable packaging materials market: standardized industry norms, increased demand from food and beverages industry, growth in organized retail sector and increased demand from APAC.

Standardized industry norms

"The global recyclable packaging materials market is witnessing the standardization of rules, regulations and methods relating to the manufacture of sustainable green packaging," says Sharan Raj, a lead analyst at Technavio for packaging research. Currently, retailers and manufacturers follow varied international standards; however, common measures and standards for the manufacturers are being implemented globally.

In addition, the International Organization for Standardization has implemented standards with respect to reusing, recycling, energy recycling, chemical recovery, and organic recovery activities. For example, ISO 18603:2013 lists the pre-qualifying criteria for packaging to be categorized as reusable and sets out assessment techniques for meeting these requirements.

Increased demand from food and beverages industry

The food and beverages industry is the largest consumer of recyclable packaging materials and contributes a large share to the global recyclable packaging materials market. Manufacturers of foods and beverages demand eco-efficient packaging materials that can preserve food and maintain its nutritional value.

Companies like Cadbury, Coca-Cola, ConAgra Foods, Nestlé, and Pepsico use sustainable packaging materials, including plastic and metals, which gives them a competitive advantage over other market players. The food and beverages industry in the U.S. has planned to eliminate 4 billion pounds of packaging waste between 2005 and 2020.

Growth in organized retail sector

Growth in this sector has led to the rise of numerous supermarket and hypermarket chains. An increasing number of consumers in emerging markets such as India and China are purchasing grocery items in bulk from organized retail stores due to incentives such as discounts and promotions. This has led to an increase in demand for food and beverages products, which in turn has led to an increase in demand for recycled packaging materials. This demand is expected to increase further during the forecast period.

Increased demand from APAC

APAC sees a huge demand for dairy packaging. In 2013, the market witnessed the highest growth in terms of volume in the dairy sector with a sales volume of 465 billion units.

The dairy sector is expected to witness a rapid surge in liquid carton and rigid packaging by 2017. The growth will be mainly in the brick liquid cartons segment for flavored milk drinks packaging and in the plastic containers segment for yogurt packaging. This trend is set to continue during the forecast period, which is indicative of the growing purchasing power and changing tastes of consumers in this region. This will fuel the demand for the recyclable packaging materials market during the forecast period.

Source: Technavio

RELATED CONTENT

RELATED VIDEOS

Sustainability & Corporate Social Responsibility Consumer Packaged Goods Food & Beverage Retail
KEYWORDS consumer packaged goods Food and Beverage Retail sustainability
  • Related Articles

    Market for Pallets in European Logistics Expected to Grow 5 Percent Through 2020

    Growth in Herbicide Market Expected to Top 6 Percent Through 2020

    Eco-friendly 'Green' Packaging Market Should See Significant Growth Through 2020, Report Says

Technavio

Mid-Sized Cars to Lead 5 Percent Growth in Global Used Car Market Through 2022

More from this author

Subscribe to our Daily Newsletter!

Timely, incisive articles delivered directly to your inbox.

Popular Stories

  • DOCUMENTS BEARING THE INSIGNIA OF US CUSTOMS AND BORDER PROTECTION LIE ON A TABLE

    New CBP Regs Call for Greater Diligence by Brokers in Reporting Security Breaches

    Freight Forwarding/Customs Brokerage
  • A WORKER IN A WAREHOUSE, SUPERIMPOSED WITH GRAPHICS SHOWING SUPPLY NETWORK

    Enabling Intelligent Visibility With Supply Chain Analytics

    Data Management (Big Data/IoT/Blockchain)
  • GSCMS-Promo.png

    Watch: Introducing the Global Supply Chain Marketing Summit

    Education & Professional Development
  • A HAND TURNS A LARGE, LIGHTED DIAL WITH THE WORD RISK ON IT iStock-NicoElNino-1364371014.jpg

    Measuring KPIs and KRIs for Comprehensive Supplier Performance Management

    Technology
  • DEEPLY CRACKED EARTH UNDER A BLUE CLOUDY SKY

    Why Maritime Supply Chains Must Adapt to Sustainability Regulations

    Ocean Transportation

Digital Edition

Scb nov 2022 sm

2022 Supply Chain Innovator of the Year

VIEW THE LATEST ISSUE

Case Studies

  • New Revenue for Cloud-Based TMS that Embeds Orderful’s Modern EDI Platform

  • Convenience Store Client Maximizes Profit and Improves Customer Service

  • A Digitally Native Footwear Brand Finds Rapid Fulfillment

  • Expanding Apparel Brand Scales Seamlessly with E-Commerce Technology

  • How a Global LSP Scaled its Security Program and Won More Business

Visit Our Sponsors

Orderful Yang Ming Alithya
Barcoding Blue Yonder BNSF Logistics
CoEnterprise Data Capture Deposco
E2open GAINSystems Generix
Geodis GEP GreyOrange
Here Honeywell Intelligrated IFM
Infor Inmar Keelvar
Kinaxis Korber Lean Solutions Group 2H
Liberty SBF Locus Robotics Logility
LogistiVIEW Lucas Systems MCA Connect
MPO Nvidia Old Dominion
OpenText ORTEC Overhaul
Parsyl PMMI QIMA
Redwood Logistics Ryder E-commerce by Whiplash Saddle Creek Logistics
Schneider Dedicated Setlog Holding AG Ship4WD
Shipwell Tecsys TGW Systems
Thomson Reuters Tive Trailer Bridge
Vecna Robotics Verity
Verusen
  • More From SCB
    • Featured Content
    • Video Library
    • Think Tank Blog
    • SupplyChainBrain Podcast
    • Whitepapers
    • On-Demand Webinars
    • Upcoming Webinars
  • Digital Offerings
    • Digital Issue
    • Subscribe
    • Manage Your Subscription
    • Newsletters
  • Resources
    • Events Calendar
    • SCB's Great Supply Chain Partners
    • Supplier Directory
    • Case Study Showcase
    • Supply Chain Innovation Awards
    • 100 Great Partners Form
  • SCB Corporate
    • Advertise on SCB.COM
    • About Us
    • Privacy Policy
    • Contact Us
    • Data Sharing Opt-Out

All content copyright ©2023 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

Design, CMS, Hosting & Web Development :: ePublishing