Abstract
US demand for green packaging to approach $45 billion in 2013
Advances for green packaging will be driven by the increased prominence of
environmental issues as a result of elevated raw material and fuel costs in
the past several years. This has resulted in heightened activity among product
manufacturers to make their products and related packaging more
environmentally friendly.
Much of the increased activity in green packaging has been driven by Wal-Mart,
which unveiled its Packaging Scorecard in November 2006. The scorecard was
implemented in February 2008 and is used by Wal-Mart to evaluate the packaging
used by suppliers in terms of its eco-friendliness, including factors that
reduce waste as well as packaging and transportation costs.
Fastest gains anticipated for biodegradable plastic, recycled content packaging
The fastest gains are anticipated for biodegradable plastic packaging and
plastic recycled content packaging. Growth for biodegradable plastic packaging
will be driven by price competitiveness with conventional resins, rapidly
expanding capacity and lower pricing volatility than petroleum-based plastic
packaging materials. Preventing faster advances will be performance drawbacks,
capacity limitations and the lack of consumer composting networks in most
areas of the US. The fastest growing biodegradable packaging segments will be
cups, plates and bowls; and containers. Robust growth for plastic recycled
content packaging will be aided by more concerted efforts to boost collection
volume, an increased focus on the development of food-contact approved resin
grades, and further sustainability initiatives by plastic processors and brand
owners.
Glass recycled content packaging demand will increase at an above-average
pace, reflecting industry efforts to boost recycling rates and incorporate
higher levels of recycled content in glass containers.
Reusable packaging is forecast to expand more slowly, resulting from marginal
growth for drums based on competition from larger formats such as intermediate
bulk containers.
Foodservice, shipping to be fastest growing markets
The largest markets for green packaging are food, consumer products and
beverages, which together represented twothirds of total green packaging
demand in 2008. However, the fastest growing markets through 2013 will be the
foodservice and shipping markets.
Study coverage
This new Freedonia industry study, Green Packaging, presents historical
demand data (1998, 2003, 2008) and forecasts for 2013 and 2018 by type (e.g.,
recycled content, reusable, biodegradable) and market. The study also market
environment factors, details industry structure and profiles 43 industry
competitors.
This study can help you:
- Determine your market & sales potential
- Learn more about industry competitors
- Assess new products & technologies
- Identify firms to merge with or acquire
- Complement your research & planning
- Gather data for presentations
- Confirm your own internal data
- Make better business decisions
Freedonia' s methods involve:
- Establishing consistent economic and market forecasts
- Using input/output ratios, flow charts and other economic methods to
quantify data
- Employing in-house analysts who meet stringent quality standards
- Interviewing key industry participants, experts and end users
- Researching a proprietary database that includes trade publications,
government reports and corporate literature
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