The Global Zero Waste Packaging Market size accounted for USD 1,722 Mn in 2021 and is estimated to reach USD 3,591 Mn by 2030, with a CAGR of 8.7% from 2022 to 2030.
Zero-waste involves creating and managing products and processes to avoid and eliminate waste and material volume and toxicity, conserve and recover all resources, and not bury or burn them. Zero-waste packaging is defined as packaging wherein every component is reused or recyclable, resulting in no actual waste. This could indicate that the packaging is intended to be reused by the consumer, such as an edible container, "plantable" paper embedded with seeds, or packets that can be sent to local drop-off sites for re-use. While any type of packaging will contain some sort of residual component, there are creative ways to turn the packaging process into a zero-waste operation. Surging demand for sustainable packaging solutions is one of the significant trends in the zero waste packaging market.
Zero Waste Packaging Market Dynamics
Market Growth Drivers:
- Increasing environmental concerns
- Reduction in plastic waste
- Growing demand for sustainable packaging solutions
Market Restraint:
- High cost of zero waste packaging products
- Lack of awareness in emerging countries
Market Opportunities:
- Rapidly expanding food & beverage industry
- Rising research & development activities in packaging solutions
Report Coverage
Market |
Zero Waste Packaging Market |
Market Size 2021 |
USD 1,722 Mn |
Market Forecast 2030 |
USD 3,591 Mn |
CAGR During 2022 - 2030 |
8.7% |
Analysis Period |
2018 - 2030 |
Base Year |
2021 |
Forecast Data |
2022 - 2030 |
Segments Covered |
By Type, By Distribution Channel, By End-User, And By Geography
|
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
AarohanaEcosocial Development, Avani Eco, Biome, GO Box, Lifepack, Loliware, Loop Industries Inc., Package Free, PulpWorks Inc., and World Centric. |
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Customization Scope |
10 hrs of free customization and expert consultation
|
The rising concern of growing packaging waste is the primary factor driving the worldwide zero waste packaging market share. As the world's population expands, so does the amount of waste produced. According to the Environmental Protection Agency (EPA), plastic mass production, which began only six decades ago, has grown to the point where 8.3 billion metric tonnes have been produced, the most of which are in single-use items that end up as waste. In around 30 years, world’s landfills might contain more than 12 billion tonnes of plastic. Among then, approximately 8 million metric tonnes of plastic garbage end up in the oceans each year. Even though plastic is technically a recyclable material, recycling it is economically inefficient and unwanted because it is significantly cheaper to create new things from start. For instance, only 8.7% of all plastic waste was recycled in 2018 in the US. Among them, only plastic bottles are regularly recycled.
Significant shift of businesses towards sustainable packaging is expected to boost the zero waste packaging market revenue. Conscious firms, leaders, and consumers would not like to contribute to packaging waste, so there is a lot of discussion about more sustainable options. Cutting plastic from packaging can help reduce the quantity of plastic consumer use and discard. As a result, doing so can reduce the amount manufactured each year. As a result, significant companies focus on employing cardboard, craft paper tape, and recycled paper as go-to packaging materials. Craft paper tape will reduce the quantity of plastic packaging that ends up in landfills because it is composed of recycled paper.
However, high cost related to zero waste packaging materials may act as a restraining factor in the market. Currently, zero waste materials are more expensive than plastic waste, but this does not require additional expenses such as funding to clear the waste.For instance, according to the World Economic Forum data, the waste form plastic packaging costs $80 to $120 billion loss every year. Furthermore, the rapidly expanding food & beverage industry coupled with the rising e-commerce sales are some of the factors that are likely to generate several growth prospects for the market in the coming years.
Zero Waste Packaging Market Segmentation
Type, distribution channel, end-user, and geography are all used to segment the worldwide zero waste packaging market.
Market by Type
- Compostable Goods
- Re-Usable Goods
- Edible Goods
On the basis of type, compostable goods segment generated the largest zero waste packaging market revenue in 2021. This could be attributed to increased knowledge and concern about the importance of trash among the worldwide population, which can have negative consequences on the environment. As a result, the need for compostable items as a realistic alternative to other disposable items for waste disposal has increased. Additionally, compostable packaging is preferred in foodservice packaging for restaurants, grocery stores, cafeterias, closed loop venues, and prepared food bars, thereby driving its demand.
Market by Distribution Channel
- Supermarkets/Hypermarkets
- Specialty Stores
- Online Channel
- Others
Based on distribution channels, the supermarkets/hypermarkets segment gathered significant amount of zero waste packaging market shares in 2021. The high growth in the segment is witnessed due to the easy availability of variety of goods in super and hyper markets. In addition, there is a continuation of consumers to purchase groceries and fruit & vegetables from supermarket & hypermarkets, which also supports the industry growth. On the other hand, the online channel segment is expected to attain the fastest growth rate throughout the forecast period. The market for online channel is growing due to the steady rise in the number of individuals globally who are purchasing products by transacting through the online mode.
Market by End-User
- Food & Beverages
- Healthcare
- Personal Care
- Others (Industrial, etc.)
Based on end-user, the food & beverages segment dominated the market with significant shares throughout the forecast timeframe. The pandemic had a significant impact on the food and beverage industries. Since the Covid-19 outbreak, several food and beverage establishments have increased their use of zero-waste packaging materials. During and after the lockdown, a large number of people shifted to online grocery shopping, which increased demand for zero-waste packaging.
Zero Waste Packaging Market Regional Overview
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Latin America
- Mexico
- Brazil
- Rest of Latin America
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
The Middle East & Africa (MEA)
- Gulf Cooperation Council (GCC)
- South Africa
- Rest of the Middle East & Africa
Rising Government Initiatives Regarding Environment Boost The North America Zero Waste Packaging Market Growth
According to regional analysis, North America will account for the largest market share in 2021, owing to increased awareness among individuals in the United States and Canada about the environmental impact caused by plastic trash. In addition, various measures launched by governments in the region to manage environmental trash are expected to support market growth in the region over the next few years. On the other hand, the Asia-Pacific region is anticipated to attain the fastest growth rate (CAGR) during the forecast timeframe from 2022 to 2030. Increased disposable income, rising demand for consumer goods such as soft drinks and textiles, and manufacturing establishment in the region are expected to boost market expansion.
Zero Waste Packaging Market Players
Some of the top zero waste packaging companies offered in the professional report include AarohanaEcosocial Development, Avani Eco, Biome, GO Box, Lifepack, Loliware, Loop Industries Inc., Package Free, PulpWorks Inc., and World Centric.
CHAPTER 1. Industry Overview of Zero Waste Packaging Market
1.1. Definition and Scope
1.1.1. Definition of Zero Waste Packaging
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Zero Waste Packaging Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Zero Waste Packaging Market By Type
1.2.3. Zero Waste Packaging Market By Distribution Channel
1.2.4. Zero Waste Packaging Market By End-User
1.2.5. Zero Waste Packaging Market By Region
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restraint 1
3.2.2. Restraint 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Zero Waste Packaging Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Zero Waste Packaging Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Raw Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2021
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2021
4.2. R&D Status of Major Manufacturers in 2021
CHAPTER 5. Zero Waste Packaging Market By Type
5.1. Introduction
5.2. Zero Waste PackagingRevenueBy Type
5.2.1. Zero Waste Packaging Revenue (US$ Mn) and Forecast, By Type, 2018-2030
5.2.2. Re-Usable Goods
5.2.2.1. Re-Usable GoodsMarket Revenue (US$ Mn) and Growth Rate (%), 2018-2030
5.2.3. Compostable Goods
5.2.3.1. Compostable Goods Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
5.2.4. Others
5.2.4.1. OthersMarket Revenue (US$ Mn) and Growth Rate (%), 2018-2030
CHAPTER 6. Zero Waste Packaging Market By Distribution Channel
6.1. Introduction
6.2. Zero Waste Packaging Revenue(US$ Mn) By Distribution Channel
6.2.1. Zero Waste Packaging Revenue (US$ Mn) and Forecast, By Distribution Channel, 2018-2030
6.2.2. Supermarkets/Hypermarkets
6.2.2.1. Supermarkets/Hypermarkets Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
6.2.3. Online Channel
6.2.3.1. Online Channel Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
6.2.4. Specialty Stores
6.2.4.1. Specialty Stores Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
6.2.5. Others
6.2.5.1. OthersMarket Revenue (US$ Mn) and Growth Rate (%), 2018-2030
CHAPTER 7. Zero Waste Packaging Market By End-User
7.1. Introduction
7.2. Zero Waste Packaging Revenue (US$ Mn) By End-User
7.2.1. Zero Waste Packaging Revenue (US$ Mn) and Forecast, By End-User, 2018-2030
7.2.2. Food and Beverages
7.2.2.1. Food and Beverages Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
7.2.3. Healthcare
7.2.3.1. Healthcare Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
7.2.4. Personal Care
7.2.4.1. Personal CareMarket Revenue (US$ Mn) and Growth Rate (%), 2018-2030
7.2.5. Others (Industrial, etc.)
7.2.5.1. Others (Industrial, etc.) Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
CHAPTER 8. North America Zero Waste Packaging Market By Country
8.1. North America Zero Waste PackagingOverview
8.2. U.S.
8.2.1. U.S. Zero Waste Packaging Revenue (US$ Mn) and Forecast By Type, 2018-2030
8.2.2. U.S. Zero Waste Packaging Revenue (US$ Mn) and Forecast By Distribution Channel, 2018-2030
8.2.3. U.S. Zero Waste Packaging Revenue (US$ Mn) and Forecast By End-User, 2018-2030
8.3. Canada
8.3.1. Canada Zero Waste Packaging Revenue (US$ Mn) and Forecast By Type, 2018-2030
8.3.2. Canada Zero Waste Packaging Revenue (US$ Mn) and Forecast By Distribution Channel, 2018-2030
8.3.3. Canada Zero Waste Packaging Revenue (US$ Mn) and Forecast By End-User, 2018-2030
8.4. North America PEST Analysis
CHAPTER 9. Europe Zero Waste Packaging Market By Country
9.1. Europe Zero Waste PackagingOverview
9.2. U.K.
9.2.1. U.K.Zero Waste Packaging Revenue (US$ Mn) and Forecast By Type, 2018-2030
9.2.2. U.K. Zero Waste Packaging Revenue (US$ Mn) and Forecast By Distribution Channel, 2018-2030
9.2.3. U.K. Zero Waste Packaging Revenue (US$ Mn) and Forecast By End-User, 2018-2030
9.3. Germany
9.3.1. Germany Zero Waste Packaging Revenue (US$ Mn) and Forecast By Type, 2018-2030
9.3.2. Germany Zero Waste Packaging Revenue (US$ Mn) and Forecast By Distribution Channel, 2018-2030
9.3.3. Germany Zero Waste Packaging Revenue (US$ Mn) and Forecast By End-User, 2018-2030
9.4. France
9.4.1. France Zero Waste Packaging Revenue (US$ Mn) and Forecast By Type, 2018-2030
9.4.2. France Zero Waste Packaging Revenue (US$ Mn) and Forecast By Distribution Channel, 2018-2030
9.4.3. France Zero Waste Packaging Revenue (US$ Mn) and Forecast By End-User, 2018-2030
9.5. Spain
9.5.1. Spain Zero Waste Packaging Revenue (US$ Mn) and Forecast By Type, 2018-2030
9.5.2. Spain Zero Waste Packaging Revenue (US$ Mn) and Forecast By Distribution Channel, 2018-2030
9.5.3. Spain Zero Waste Packaging Revenue (US$ Mn) and Forecast By End-User, 2018-2030
9.6. Rest of Europe
9.6.1. Rest of Europe Zero Waste Packaging Revenue (US$ Mn) and Forecast By Type, 2018-2030
9.6.2. Rest of Europe Zero Waste Packaging Revenue (US$ Mn) and Forecast By Distribution Channel, 2018-2030
9.6.3. Rest of Europe Zero Waste Packaging Revenue (US$ Mn) and Forecast By End-User, 2018-2030
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific Zero Waste Packaging Market By Country
10.1. Asia Pacific Zero Waste PackagingOverview
10.2. China
10.2.1. China Zero Waste Packaging Revenue (US$ Mn) and Forecast By Type, 2018-2030
10.2.2. China Zero Waste Packaging Revenue (US$ Mn) and Forecast By Distribution Channel, 2018-2030
10.2.3. China Zero Waste Packaging Revenue (US$ Mn) and Forecast By End-User, 2018-2030
10.3. Japan
10.3.1. Japan Zero Waste Packaging Revenue (US$ Mn) and Forecast By Type, 2018-2030
10.3.2. Japan Zero Waste Packaging Revenue (US$ Mn) and Forecast By Distribution Channel, 2018-2030
10.3.3. Japan Zero Waste Packaging Revenue (US$ Mn) and Forecast By End-User, 2018-2030
10.4. India
10.4.1. India Zero Waste Packaging Revenue (US$ Mn) and Forecast By Type, 2018-2030
10.4.2. India Zero Waste Packaging Revenue (US$ Mn) and Forecast By Distribution Channel, 2018-2030
10.4.3. India Zero Waste Packaging Revenue (US$ Mn) and Forecast By End-User, 2018-2030
10.5. Australia
10.5.1. Australia Zero Waste Packaging Revenue (US$ Mn) and Forecast By Type, 2018-2030
10.5.2. Australia Zero Waste Packaging Revenue (US$ Mn) and Forecast By Distribution Channel, 2018-2030
10.5.3. Australia Zero Waste Packaging Revenue (US$ Mn) and Forecast By End-User, 2018-2030
10.6. South Korea
10.6.1. South Korea Zero Waste Packaging Revenue (US$ Mn) and Forecast By Type, 2018-2030
10.6.2. South Korea Zero Waste Packaging Revenue (US$ Mn) and Forecast By Distribution Channel, 2018-2030
10.6.3. South Korea Zero Waste Packaging Revenue (US$ Mn) and Forecast By End-User, 2018-2030
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-PacificZero Waste Packaging Revenue (US$ Mn) and Forecast By Type, 2018-2030
10.7.2. Rest of Asia-Pacific Zero Waste Packaging Revenue (US$ Mn) and Forecast By Distribution Channel, 2018-2030
10.7.3. Rest of Asia-Pacific Zero Waste Packaging Revenue (US$ Mn) and Forecast By End-User, 2018-2030
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America Zero Waste Packaging Market By Country
11.1. Latin AmericaZero Waste PackagingOverview
11.2. Brazil
11.2.1. Brazil Zero Waste Packaging Revenue (US$ Mn) and Forecast By Type, 2018-2030
11.2.2. Brazil Zero Waste Packaging Revenue (US$ Mn) and Forecast By Distribution Channel, 2018-2030
11.2.3. Brazil Zero Waste Packaging Revenue (US$ Mn) and Forecast By End-User, 2018-2030
11.3. Mexico
11.3.1. MexicoZero Waste Packaging Revenue (US$ Mn) and Forecast By Type, 2018-2030
11.3.2. Mexico Zero Waste Packaging Revenue (US$ Mn) and Forecast By Distribution Channel, 2018-2030
11.3.3. Mexico Zero Waste Packaging Revenue (US$ Mn) and Forecast By End-User, 2018-2030
11.4. Rest of Latin America
11.4.1. Rest of Latin AmericaZero Waste Packaging Revenue (US$ Mn) and Forecast By Type, 2018-2030
11.4.2. Rest of Latin America Zero Waste Packaging Revenue (US$ Mn) and Forecast By Distribution Channel, 2018-2030
11.4.3. Rest of Latin America Zero Waste Packaging Revenue (US$ Mn) and Forecast By End-User, 2018-2030
11.5. Latin America PEST Analysis
CHAPTER 12. Middle East & Africa Zero Waste Packaging Market By Country
12.1. Middle East & Africa Zero Waste PackagingOverview
12.2. GCC
12.2.1. GCCZero Waste Packaging Revenue (US$ Mn) and Forecast By Type, 2018-2030
12.2.2. GCC Zero Waste Packaging Revenue (US$ Mn) and Forecast By Distribution Channel, 2018-2030
12.2.3. GCC Zero Waste Packaging Revenue (US$ Mn) and Forecast By End-User, 2018-2030
12.3. South Africa
12.3.1. South AfricaZero Waste Packaging Revenue (US$ Mn) and Forecast By Type, 2018-2030
12.3.2. South Africa Zero Waste Packaging Revenue (US$ Mn) and Forecast By Distribution Channel, 2018-2030
12.3.3. South Africa Zero Waste Packaging Revenue (US$ Mn) and Forecast By End-User, 2018-2030
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & AfricaZero Waste Packaging Revenue (US$ Mn) and Forecast By Type, 2018-2030
12.4.2. Rest of Middle East & Africa Zero Waste Packaging Revenue (US$ Mn) and Forecast By Distribution Channel, 2018-2030
12.4.3. Rest of Middle East & Africa Zero Waste Packaging Revenue (US$ Mn) and Forecast By End-User, 2018-2030
12.5. Middle East & Africa PEST Analysis
CHAPTER 13. Player Analysis Of Zero Waste Packaging Market
13.1. Zero Waste Packaging MarketCompany Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Product Launches and Product Enhancements
13.2.3. Mergers And Acquisition InGlobal Zero Waste Packaging Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. Company Profile
14.1. AarohanaEcosocial Development
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (US$ Mn), 2021
14.1.3.2. AarohanaEcosocial Development2021 Zero Waste PackagingBusiness Regional Distribution
14.1.4. Product/Service and Specification
14.1.5. Recent Developments & Business Strategy
14.1.6. Manufacturing Plant Footprint Analysis
14.2. Avani Eco
14.3. Biome
14.4. GO Box
14.5. Lifepack
14.6. Loliware
14.7. Loop Industries Inc.
14.8. Package Free
14.9. PulpWorks Inc.
14.10. World Centric