Global Mono-Material Plastic Packaging Market 2023-2030

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    GLOBAL MONO-MATERIAL PLASTIC PACKAGING MARKET

     

    INTRODUCTION

     

     A packaging material made entirely of one type of plastic is referred to as monopolistic. Traditional flexible plastic packaging materials are constructed in layers to ensure low raw material consumption, resource conservation, and improved packaging line efficiency.

     

     

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    In contrast to packaging consisting of various materials, a mono material is a product made of a single substance or fiber. As a result, recycling is made considerably simpler because less energy is needed to divide or separate different components.

     

    Additionally, the improved efficiency makes recycling both cheaper and faster. The most challenging material to recycle out of all those frequently used for packaging is plastic.

     

    For instance, a bottle might be constructed from polyethene terephthalate (PET), high-density polyethene (HDPE), or even general-purpose polystyrene (PS). Before they may be mechanically recycled, these polymers must be separated; otherwise, they will be downcycled rather than recycled.

     

    RECENT DEVELOPMENT AND INNOVATION

     

    S No Company Name Development
    1 Huhtamaki Launch of mono-material flexible packaging by Huhtamaki. Paper-based mono-material flexible packaging has been created by Huhtamaki. To put it simply, the goal is to reinvent flexible packaging for the future by establishing new industry standards for mono-material solutions.  
    2 Toppan Traditional individual packages combine a PET substrate with elements like polyethylene and aluminum. The market-leading vapor-deposited transparent barrier film GL FILM from the GL BARRIER line is combined with PET sealant in Toppan’s mono-material packaging. 
    3 GAEA  With the help of A.Hatzopoulos S.A., the Greek olives producer GAEA has introduced its first recyclable, single-material olives snack pack. The mono-material, all-PP packs bear the “Made for Recycling” label and have received certification from Interseroh. Hatzopoulos S.A. provided the solution based on X-CYCLE packaging technology.

     

    Huhtamaki-specific and revolutionary blueloop developments are both novel. They provide recyclability while maintaining the affordability and protection of the product.  The power of three is this. 

     

    The new product will help consumers fulfill promises they’ve made to use solely recyclable, biodegradable, or reusable packaging and will be in line with future legislative trends in the EU and elsewhere.

     

     Huhtamaki set out to create packaging that was entirely recyclable, compostable, or reused.  Several food and essential goods manufacturers have made similar commitments. 

     

    Three eco-friendly items in single-material flexible packaging will be released by Huhtamaki. In comparison to the complicated, multilayered materials they are meant to replace, they are made to be recyclable and require fewer materials.

     

     According to the business, the new items combine the biggest amount of mono-material on the market. Paper, PE (polyethylene), and PP (polypropylene) Retort are the three alternate materials offered by Huhtamaki’s innovative innovation for mono-material flexible packaging. 

     

    The new materials offer a mono-material share of at least 90% for paper and PP and up to 95% for PE. Across its entire production base, Huhtamaki has invested in new production technology, creating a worldwide supply capability for the new innovations.    

     

    Outstanding oxygen and water vapor barrier performance is guaranteed by the Toppan manufacturing process and material composition. 

     

    Low adsorption also prevents loss of flavor and quality, and it is feasible to prevent product weight loss during long-term storage. Because there is no aluminum film present, there is a roughly 5% reduction in CO2 emissions during package production, which increases recyclability.

     

    The GAEA standard packaging material for this product has undergone a thorough redesign to comply with the most recent recycling regulations while retaining its excellent barrier qualities.

     

    The packaging’s framework underwent a comprehensive makeover. A smooth transition from a conventional film formulation to a recyclable one with a higher environmental profile was made possible by the new recyclable PP-mono-material film that was eventually produced. 

     

    GLOBAL MONO-MATERIAL PLASTIC PACKAGING MARKET SIZE AND FORECAST

     

    The Global Mono-material Plastic Packaging market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    RECENT PARTNERSHIPS

     

    By developing a brand-new reuse packaging concept, Henkel and Mondi, a pioneer in packaging and paper worldwide, are assisting consumers in dishwashing more responsibly. The two businesses collaborated on a packaging option that enables refilling plastic bottles using flexible pouches for Henkel’s hand dishwashing solutions.

     

    This helps Henkel achieve its sustainability goals of reducing the amount of virgin plastic made from fossil fuels by 50% and making all of its packaging recyclable or reusable.

     

    Customers can purchase a new keep-at-home refillable pump dispenser from Mondi that comes with refills in a thin, one-material pouch. Every time it replaces hard plastic bottles, the flexible stand-up pouch cuts plastic use by 70% and is simple to recycle in areas with established recycling infrastructure.

     

    The pouch entirely empties thanks to its curved form, leaving no residue, and is convenient and lighter to carry home. It offers retailers appealing and eye-catching on-shelf appeal while also expressing all the brand information, including sustainability benefits. It is soft touch with a strong base so it can stand in-store.

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Mono-Material Plastic Packagings are manufactured per annum in North America? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Mono-Material Plastic Packaging and key vendor selection criteria
    3. Where is the Mono-Material Plastic Packaging Manufactured? What is the average margin per unit ?
    4. Market share of Mono-Material Plastic Packaging manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Mono-Material Plastic Packaging in-house
    6. key predictions for next 5 years in Mono-Material Plastic Packaging      
    7. Average B-2-Bl Mono-Material Plastic Packaging price in all segments
    8. Latest trends in Mono-Material Plastic Packaging ,by every market segment
    9. The market size (both volume and value) of the Mono-Material Plastic Packaging market in 2023-2030 and every year in between?
    10. Production Mono-Material Plastic Packaging ,by suppliers and their OEM relationship
     
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
       
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