GLOBAL PLANT-BASED FOAM PACKAGING MARKET

INTRODUCTION

 Plant-based packaging is made from naturally renewable plant materials. It is completely organic, as opposed to many forms of traditional packaging, such as plastics, and comes in a variety of shapes and sizes.

"Plant-based" describes substances and goods that are either entirely or primarily made from plants or other regenerative agricultural, aquatic, or forestry inputs. This includes organic materials like algae, corn, hemp, or potatoes, but the possibilities are virtually limitless.

There is little waste created during the manufacturing process because the majority of foam packaging is cut to the precise measurements needed for the product.

There are no leftover scraps or waste, which considerably lowers the amount consumed. Foam may be recycled once a product has been used, unlike plastic.

GLOBAL PLANT-BASED FOAM PACKAGING MARKET SIZE AND FORECAST

 The Global Plant-based foam 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.

NEW PRODUCT LAUNCH

Stora Enso launches Bio-Based Packaging Foam.Fibrease can be recycled in any paper or board stream, while Papira, a fiber-based monomaterial, is made to degrade and compost.

The Finnish paper and packaging manufacturer is introducing "sustainable and environmentally friendly alternatives" in the market for protective packaging with the bio-based foams.

Fibrease and Papira, two new bio-based foams created from wood that has received FSC certification, are part of Stora Enso's packaging product line expansion.

It has been put to the test at actual recycling facilities FSC-certified goods that are totally recyclable and suitable for use as thermal and protective packaging.

Papira, a fiber-based monomaterial created to be compostable and biodegradable, may be recycled with paper or cardboard to produce new paper products while making the most efficient use of resources. Any paper or board stream can recycle fiberase.

While Papira is now being produced at the pilot plant, Fibrease is already on the market. First, the pilot plant wants to assess and confirm Papira's suitability as packaging foam in customer tests.

The foams will be ideal for the thermal packaging of temperature-sensitive products in the future and can be utilised to preserve delicate items.

COMPANY PROFILE

• Amcor plc
• Sealed Air
• Mondi
• Tetra Pak
• Elevate Packaging
• Ball Corporation
• BASF SE
• Georgia-Pacific LLC
• Holmen Paper 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Plant-based foam packaging are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Plant-based foam packaging and key vendor selection criteria
3. Where is the Plant-based foam packaging manufactured? What is the average margin per unit?
4. Market share of Global Plant-based foam packaging market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Plant-based foam packaging in-house
6. key predictions for next 5 years in Global Plant-based foam packaging market
7. Average B-2-B Plant-based foam packaging market price in all segments
8. Latest trends in Plant-based foam packaging market, by every market segment
9. The market size (both volume and value) of the Plant-based foam packaging market in 2023-2030 and every year in between?
10. Production breakup of Plant-based foam packaging market, by suppliers and their OEM relationship