Zero Waste Packaging Market

Zero Waste Packaging Market Size Survey Report – In a Glance

As per the survey report on global Zero Waste Packaging market, the market is projected to foresee a CAGR of 9.6% between 2024-2033, and further generate a market size of USD 680.9 billion by the end of 2033. In the year 2023, the market size was valued at USD 268.6 billion.

• The global zero waste packaging market is projected to grow on account of the rising demand for reusable packaging solution, growth in the e-commerce sales, increasing use of organic materials like mushrooms, and corn, and government regulations and initiatives.
• In Japan, the zero waste packaging market growth can be attributed to the increasing demand for sustainable packaging, increasing consumer awareness, and rising government regulations & initiatives.
• KDMI analyst’s growth analysis foresees, frequent fluctuations in raw material to challenge the market growth.
• North America having the highest market share in the Zero Waste Packaging Market, is projected to dominate the global market.

Zero Waste Packaging Market Analysis

Zero waste packaging is an ideal approach to reducing waste and environmental impact. Zero waste packaging includes the use of materials that do not generate waste. The market is experiencing significant growth due to increasing awareness about the negative impact of packaging waste on the environment. Zero waste packaging is generally made from compostable, biodegradable, recyclable, and reusable materials, such as plant-based plastics, paper & cardboard, glass, or metal, ensuring sustainability throughout its lifecycle. These materials minimize waste arising from packaging. However, recyclable and biodegradable materials play a crucial role in reducing environmental impact, particularly through their end-of-life benefits. Various industries are focusing on reducing their carbon footprints, boosting the demand for zero waste packaging. Moreover, governments around the world have imposed regulations on plastic packaging, encouraging various industries to shift toward green packaging solutions. The government has introduced various measures to reduce plastic waste, including regulations on single-use plastics and initiatives encouraging recycling. Rising investments in sustainable packaging solutions and growing concerns about disposing of plastic are expected to boost the market growth in upcoming years. Tetra Pak, DS Smith, Loop Industries, Ecovative Design, Amcor, Ball Corporation, Mondi Group, and Sealed Air Corporation are some of the significant players in the market for intelligent lighting control.

Analyst’s Observation on Japan Zero Waste Packaging Market Survey

In Japan, the market growth for the Zero Waste Packaging market is attributed to the increasing demand for sustainable packaging, increasing consumer awareness, and rising government regulations & initiatives. For instance, the Japanese “Act on Promotion of Resource Circulation for Plastics” which came into effect in April 2022, aiming to promote plastic recycling throughout its lifecycle by encouraging the 3R (Reduce, Reuse, Recycle) + Renewable approach across all stages from product design to waste disposal, this includes goals like making all plastic packaging reusable or recyclable by 2025 and reusing or recycling 60% of all plastic containers and packaging by 2030. Tetra Pak, DS Smith, Loop Industries, Ecovative Design, and Amcor are some of the significant players in Zero Waste Packaging markets in Japan.

Zero Waste Packaging Market Growth Drivers and Challenges

Growth Drivers

Rising Demand for Reusable Packaging Solutions

There is a huge rise in the demand for recyclable and reusable packaging solutions in various sectors which influences the growth of zero waste packaging market. Due to its ability to produce zero waste, reusable packing has been a major trend among consumers and manufacturers in recent years. By Using reusable materials, businesses may cut down on the need to constantly produce single-use packaging, saving money on the cost of raw materials, energy, and labor. Reusable packaging has a significantly smaller environmental impact than conventional packaging. For instance, according to the Reusable Packaging Association, the reusable packaging solutions reduces solid waste by 86%, reduce CO2 (Greenhouse Gas) by 60%, and reduces energy consumption in manufacturing by 75%. The reusable packaging is going to have a significant impact on the demand for zero waste packaging in the next decade. For instance, the Coca Cola Company, aims to use 35% to 40% recycled material in their primary packaging (Plastic, Glass, and Aluminum), which also includes increasing the recycled plastic use to 30% to 35% globally by 2035.

Growth in the E-Commerce Sales

The increase in e-commerce sales is the major factor contributing to zero waste packaging market expansion. The rise in internet penetration, mobile device usage, and digital payment solutions has significantly boosted e-commerce sales worldwide. Various e-commerce businesses are adopting sustainable packaging solutions as more consumers become environmentally conscious. In addition, the growing focus on sustainable practices is expected to boost the demand for zero-waste packaging among e-commerce businesses to reduce costs associated with waste disposal. Moreover, governments and international organizations are imposing stricter packaging waste regulations, particularly on e-commerce companies, to curb landfill contributions. For instance, the European Union's directive on Extended Producer Responsibility (EPR) requires e-commerce platforms to reduce their environmental footprint.

Challenges

High and Unstable Raw Material Cost

The high and unstable cost of zero-waste packaging materials, however, could serve as a market restraint. Zero waste packaging materials, such as biodegradable plastics and plant-based polymers, are often more expensive than traditional plastics due to the specialized manufacturing processes involved. Though currently more expensive than plastic garbage, zero waste materials don’t require extra cost like financing to clean the waste. For instance, in 2022, according to the estimates from the World Economic Forum, waste from plastic packaging is estimated at roughly USD 100 billion annually. The impact on health is also becoming clearer, with scientists finding microplastics in human blood for the first time in March 2022.

Inadequate Recycling Infrastructure

Despite the growing emphasis on sustainability, many regions lack the necessary infrastructure to process zero waste packaging material. For instance, compostable packaging requires industrial composting facilities to break down properly, but such facilities are unavailable in many developing and even some developed regions. In addition, recycling systems in several countries are not equipped to handle advanced materials like bioplastics or multi-layer recyclable packaging. Without adequate waste management infrastructure, the environmental benefits of zero waste packaging are undermined, leading to increased skepticism among consumers and businesses.

Zero Waste Packaging Market Segmentation

Our experts at KD Market Insights have segmented the global Zero Waste Packaging Market research report as:

Zero Waste Packaging Market Regional Synopsis

North America has the highest share of the Zero Waste Packaging market, primarily driven by the heightened environmental awareness, robust regulatory frameworks, and corporate sustainability initiatives. The United States leads the regional market due to strong corporate commitments to environmental responsibility and government policies promoting waste reduction. For instance, California’s Plastic Pollution Prevention and Packaging Producer Responsibility Act SB 54, mandates reducing single-use plastic in packaging & food ware by 25% by 2032. The presence of key market players such Tetra Pak, DS Smith, Loop Industries, Ecovative Design, Amcor, Ball Corporation, and Mondi Group has established a robust supply chain and technology ecosystem in the North America region.

Europe represents a significant market for zero-waste packaging, with the region taking a leadership role in sustainable practices. Stringent government regulations and an environmentally conscious consumer base are key factors driving growth. Countries like Germany, France, and the Netherlands are at the forefront of the movement, implementing strict regulations on single-use plastics and promoting circular economy models. Moreover, the European Green Deal, launched by the European Union (EU), aims to transition Europe into a climate-neutral economy by 2050, significantly impacting the adoption of zero-waste packaging, further accelerating market growth during the forecast period.

The Asia-Pacific region is the fastest growing regional market in the global Zero Waste Packaging Market, driven by rising environmental concerns, increasing urbanization, and expanding middle-class populations. China, the largest producer of packaging waste globally, is now making significant efforts to combat the issue. The government’s Plastic Ban Directive, implemented in 2020, prohibits the use of non-biodegradable plastic bags in major cities. In addition, India is emerging as a key market, with policies such as the Plastic Waste Management Rules encouraging industries to adopt sustainable alternatives. Furthermore, the rise of e-commerce and food delivery platforms, which are increasing the demand for eco-friendly packaging. Moreover, investments in advanced manufacturing technologies by various major players, is expected to further boost the market growth in the region during the forecast period 2024-2033.

As per our analysts at KD Market Insights, the following five players lead Zero Waste Packaging Market:

• Tetra Pak
• DS Smith
• Loop Industries
• Ecovative Design
• Amcor

Zero Waste Packaging Market Competitive Landscape

Some of the key players who top the global Zero Waste Packaging market share:

• Tetra Pak
• DS Smith
• Loop Industries
• Ecovative Design
• Amcor
• Ball Corporation
• Mondi Group
• Sealed Air Corporation
• Smurfit Kappa Group
• UPM Raflatac
• Sonoco Products Company
• West Rock Company
• Ranpak

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global Zero Waste Packaging Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1.  By Type
      2.  By Product
      3.  By Material
      4.  By Distribution Channel
      5.  By Application
      6.  By Region
5. Market Segmentation by Type
   1. Reusable/Recyclable Packaging
   2. Compostable Packaging
   3. Edible Packaging
   4. Others
6. Market Segmentation by Product
   1. Containers
   2. Bags
   3. Wraps
   4. Poches
   5. Cups
   6. Plates
   7. Trays
   8. Others
7. Market Segmentation by Material
   1. Biopolymer
   2. Paper and Cardboard
   3. Glass Packaging
   4. Metal Packaging
   5. Others
8. Market Segmentation by Distribution Channel
   1. Online
   2. Offline
9. Market Segmentation by Application
   1. Food & Beverages
   2. Healthcare
   3. Cosmetics & Personal Care
   4. Electrical & Electronics
   5. E-commerce
   6. Others
10. Regional Analysis
    1. North America
       1. United States
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
       2. Canada
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
       3. Mexico
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
    2. Europe
       1. United Kingdom
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
       2. Germany
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
       3. France
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
       4. Italy
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
       5. Spain
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
       6. Rest of Europe
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
    3. Asia Pacific
       1. China
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
       2. Japan
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
       3. India
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
       4. Australia
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
       5. South Korea
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
       6. Rest of Asia Pacific
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
    4. Latin America
       1. Brazil
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
       2. Argentina
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
       3. Colombia
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
       4. Rest of Latin America
          1. Market Size and Forecast
          2. Key Trends and Developments
          3.               Market Analysis by Type, Product, Material, Distribution Channel, Application
    5. Middle East & Africa
       1. South Africa
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
       2. Saudi Arabia
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
       3. UAE
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
       4. Rest of Middle East & Africa
          1. Market Size and Forecast
          2. Key Trends and Developments
          3. Market Analysis by Type, Product, Material, Distribution Channel, Application
11. Competitive Landscape
    1. Market Share Analysis
    2. Company Profiles
       1. 1. Tetra Pak
          2. DS Smith
          3. Loop Industries
          4. Ecovative Design
          5. Amcor
          6. Ball Corporation
          7. Mondi Group
          8. Sealed Air Corporation
          9. Smurfit Kappa Group
          10. UPM Raflatac
          11. Sonoco Products Company
          12. West Rock Company
          13. Ranpak
          14. Other Players
12. Strategic Recommendations
13. Appendix
    1. List of Tables
    2. List of Figures
14. References