Plant Based Packaging Market Estimated to Flourish at by 2031

The global sales of plant-based packaging are expected to grow at 6.7% in 2021. However, the overall ten-year compound annual growth rate (CAGR) remains positive during 2021-2031. Along with their low environmental effect, increased attention on sustainability, government emphasis on efficient package management, and rising consumer awareness combined with an expanding ban on plastic, plant-based packaging is finding increasing use in various applications.

Plant Based Packaging Market: Key Players

Some key manufacturers operating the business in the plant based packaging market globally include

• Evergreen Packaging
• Sealed Air
• Berry Global
• The Coca-Cola Company
• Amcor
• Vegware
• Tetra Pak International SA
• Mondi Group PLC
• BASF

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Plant Based Packaging: Market Segmentation

• Based on type, the plant based packaging market can be segmented as:

  • Flexible Packaging
  • Rigid Packaging

• Based on Application, the plant based packaging market can be segmented as:

  • Food
    • Bakery & confectionery
    • Meat, fish, and poultry
    • Fruits & vegetables
    • Dairy products
    • Other food products
  • Industrial Supplies
  • Healthcare
  • Personal Care
  • Other

• Based on end-use, the plant based packaging market can be segmented as:

  • Commercial
  • Industrial

• Based on the Region, the plant based packaging market can be segmented as:

  • North America
    •  U.S. and Canada
  • Latin America
    • Mexico, Brazil, Peru, Chile, and others
  • Western Europe
    • Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
  • Eastern Europe
    • Poland and Russia
  • Asia Pacific
    • China, India, Japan, ASEAN, Australia, and New Zealand
  • The Middle East and Africa
    • GCC, Southern Africa, and North Africa

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For more insights:
https://www.einpresswire.com/article/557143001/worldwide-revenue-share-of-undercarriage-components-for-mini-excavators-is-expected-to-account-nearly-us-6-5-billion

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