Dublin, Feb. 22, 2022 (GLOBE NEWSWIRE) -- The "Sustainable, Biodegradable and Eco-Friendly Packaging Providers Market by Eco Friendly Packaging Attributes, Type of Packaging, Type of Packaging Container, End-User and Key Geographies: Industry Trends and Global Forecasts, 2021-2035" report has been added to ResearchAndMarkets.com's offering.
The continuously growing pipeline of pharmaceutical drug candidates has inadvertently led to an increase in the demand for product packaging solutions. Further, the gradual shift of the healthcare industry from the one-drug-treats-all model to a personalized approach, coupled to the growing complexities associated with modern pharmacological interventions, has compelled packaging providers to identify innovative solutions.
Since packaging material comes in direct contact with the drug, it is essential to ensure that it does not negatively impact the sterility and quality of the product. In addition, packaging provides important information related to the product, including dosing instructions. At present, most of the healthcare packaging uses plastic, which has been known to have an adverse impact on the environment. Specifically, according to the World Health Organization, over 300 million tons of plastic waste is generated, each year, by the pharmaceutical industry, of which, 50% has single-use purpose.
Moreover, 85% of the trash produced by healthcare operations, including pharmaceutical and medical equipment packaging, is non-hazardous and hence, exhibits the potential to be replaced by other eco-friendly and reusable alternatives, enabling significant cost savings.
In recent years, several healthcare stakeholders have actively undertaken initiatives to replace the conventional packaging materials with sustainable, biodegradable and recyclable alternatives, in order to reduce the environmental impact. In addition, players engaged in the healthcare packaging industry are incorporating circular economy, which facilitates greater sustainability within supply chains, to offer a systemic approach to address environmental issues.
According to industry experts, currently, sustainable solutions account for 10%-25% of the total primary pharmaceutical packaging. In this regard, many companies are also developing novel sustainable packaging solutions, paving the way for new generation of healthcare packaging options, such as plant-based packaging made from corn starch, sugarcane and cassava. It has further been observed that use of greener packaging solutions can expand customer base, given the growing consciousness to conserve environment among individuals.
The report features an extensive study of the current market landscape and future opportunity for the players engaged in offering sustainable, biodegradable and eco-friendly packaging solutions in the healthcare sector. The study presents an in-depth analysis, highlighting the capabilities of various stakeholders engaged in this domain.
Amongst other elements, the report features:
- A detailed overview of the current market landscape of sustainable, biodegradable and eco-friendly packaging providers.
- An in-depth analysis, highlighting the contemporary market trends using seven schematic representations.
- An insightful competitiveness analysis of sustainable, biodegradable and eco-friendly packaging solution providers.
- Elaborate profiles of key players engaged in this domain. Each company profile features a brief overview of the company, along with information on year of establishment, number of employees, location of headquarters and key executives, recent developments and an informed future outlook.
- An analysis of recent partnerships inked between various stakeholders engaged in this domain, during the period 2016-2021, based on several relevant parameters, based on several relevant parameters, such as year of partnership, type of partnership model adopted, type of partner, most active players, type of agreement and regional distribution.
- An in-depth analysis to estimate the current and future demand for sustainable packaging, based on several relevant parameters, such as type of packaging and type of primary packaging containers, including for the period 2021-2035.
Key Questions Answered
- Who are the key players engaged in offering sustainable, biodegradable and eco-friendly packaging solutions to the healthcare sector?
- Which types of sustainable packaging solutions are most commonly offered by packaging providers?
- What is the relative competitiveness of different sustainable, biodegradable and eco-friendly packaging providers?
- Which partnership models are most commonly being adopted by stakeholders engaged in this industry?
- What is the present and likely future demand for sustainable, biodegradable and eco-friendly packaging solutions in healthcare sector?
- How is the current and future opportunity likely to be distributed across key market segments?
Companies Mentioned
- 4evergreen Alliance
- Alliance to End Plastic Waste
- Alpha Packaging
- Amcor
- AMP Robotics
- APC Paper Group
- Aptar
- Aqualitas
- Aquapak Polymers
- Ardagh Group
- August Faller
- Avala Ada
- Berlin Packaging
- Berry Global
- Bhoomi
- Bormioli Pharma
- CAN Packaging
- Cartonbox
- Comar
- Constantia Flexibles
- Cork Bio Solutions
- Corplex
- Coveris
- Creative Polypack
- Drug Plastics
- DS Smith
- EPL
- GlaxoSmithKline
- Grupo Phoenix
- Hoffmann Neopac
- Hughes Enterprises
- Huhtamaki
- Ingersoll Rand
- International Paper
- Jiangsu Hihio-Art Packaging
- Kent County Council
- KEYES Packaging Group
- Keystone Folding Box
- Klockner Pentaplast
- Korber
- Laddawn
- Laminor
- Mayr-Melnhof Group
- McKinsey.org
- MIWA Technologies
- MM Kotkamills
- Moda Packaging Systems
- Mohan Mutha Polytech
- Mondi Group
- Nipro Corporation
- Nordic Cold Chain Solutions
- Papcart
- PaperFoam
- Pemcor Packaging
- PGP Glass
- Plastic Energy
- Pretium Packaging
- ProAmpac
- PureCycle Technologies
- Remy & Geiser
- Reparenco
- Repsol
- Sana Packaging
- Sanner
- Saxon Packaging
- SCHOTT
- Sealed Air
- SGD Pharma
- Smurfit Kappa
- Sofrigam
- Softbox Systems
- Sonoco
- Stanpac
- Stoelzle Glass Group
- SUEZ Group
- Swiftpak
- Tekni-Plex
- Toppan
- Trimble
- Tri-Pack
- Ultimate Packaging
- Varanah
- WasteAid
For more information about this report visit https://www.researchandmarkets.com/r/r3cnx8
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