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  • Published On : Aug 2022
  • Code : CMI5161
  • Industry : Packaging
  • Pages : 162
  • Formats :

In today's world, single use packaging is all around us. From the aisles of the grocery store to the essentials in the office, everything is wrapped in a single-use plastic container. Whether it's in the form of a straw, coffee mug, or paper cup, single-use packaging is everywhere.

Market Statistics:

The global single use packaging market was valued at US$ 36.76 Mn in 2021 and is forecast to reach a value of US$ 56.45 Mn by 2030 at a CAGR of 5.74% between 2022 and 2030.

Asia-Pacific held dominant position in the global single use packaging market in 2021, accounting for 46% share in terms of volume, followed by Europe and North America, respectively.

Figure 1. Global Single Use Packaging Market Value Share (%), By Region, 2021

Single Use Packaging  | Coherent Market Insights

Recent Developments:

  1. In March 2022, Ardagh Group partnered with Constellation Brands Inc. to design and manufacture a highly decorated wine bottle for its Crafters Union brand. The 360-degree decorated 750ml Claret wine bottle, manufactured by Ardagh Group, provides great shelf appeal in a premium, sustainable glass bottle.
  2. In August 2022, Ardagh Metal Packaging (AMP) and Gores Holdings V announced the completion of business which was a special purpose acquisition. The combined company is named Ardagh Metal Packaging SA. The company’s acquisition creates strong growth opportunities for business in aluminum cans across America and Europe. As a result of the Business Combination, AMP received nearly USD 1.0 billion gross proceeds. Ardagh Group will retain a stake of nearly 82% in AMP and intends to remain a committed long-term majority owner of the business.
  3. In January 2022, Amcor launched a novel platform of paper-based packaging   products, AmFiber. AmFiber innovations aim to redefine the competencies of traditional paper  packaging,  delivering  a  wider range  of  features  and  functional advantages  to  meet  the  changing requirements of consumers.
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Single Use Packaging Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2021: US$ 36.76 Mn
Historical Data for: 2017 to 2020 Forecast Period: 2022 to 2030
Forecast Period 2022 to 2030 CAGR: 5.74% 2030 Value Projection: US$ 56.45 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Material Type: Paper and Paper Board, Plastics, Glass, Other Material Types
  • By End-User Industry: Food, Beverage, Personal Care, Pharmaceutical, Other End-user Industries
Companies covered:

Ardagh Group SA, Amcor PLC, Winpak Limited, Dart Container Corporation, Snapsil Corporation, and Transcontinental Inc.

Growth Drivers:
  • Miniaturization in packaging
  • Growing demand from medical industry
Restraints & Challenges:
  • Strict environmental regulation
  • Negative impact of Covid-19

Market Drivers:

Miniaturization in packaging for lower material consumption and reducing costs regarding transportation is primarily fuelling growth of the of the single use packaging market. Also, changing lifestyle of consumers, growing demand for more convenient and portable solutions is again fostering market growth.

Growing demand for single-use plastic from medical industry for producing masks, gloves, and other protective equipment is also projected to propel product demand. Moreover, it is also used to food contaminant-free.

By type of material, global single use packaging market can be segmented into plastic, paper & paper board, glass and others. Among all of these segment plastic type of materials segment held highest market share in 2021.

Figure 2. Global Single Use Packaging Market Value Share (%), By Type of Material, 2021

Single Use Packaging  | Coherent Market Insights

Market Restraints:

Strict regulations regarding the usage of single-use packaging materials is expected to hinder the market growth. For instance, in December 2020, the European Commission published the Implementing Regulation (EU) 2020/21511 on harmonized marking specifications on certain single-use plastic products. The marking specifications for four product groups are established as required by Single-Use Plastic Directive (EU) 2019/9042.

The outbreak of Covid-19 pandemic has delayed the production and operation worldwide. This has negatively impacted the market growth to some extent.

Market Opportunities:

Rapid growth in food &beverage industry is propelling high demand for single-use packaging. This is projected to bring lucrative growth opportunities over the forecast period. Moreover, various industries have started using single use packaging to avoid cross-contamination and infection in products.

Rapid urbanization and busy lifestyle of consumers are further creating demand for single use packaging. Additionally, advantages such as strength, transparency, flexibility, easy availability and low cost are advantages augmenting market growth.

Market Trends/Key Takeaways:

The small trend pack is appealing health conscious consumers. Growing demand for ready-to-eat food with convenient packaging. Incresing popularity of small and flexible snack packaging is propelling market growth.

Growing e-commerce industry across emerging countries such as India and China is again anticipated to augment the market growth. Increasing online sale of home care, personal care, cosmetics, and households products is again projected to boost the market growth.

Competitive Landscape:

Ardagh Group SA, Amcor PLC, Winpak Limited, Dart Container Corporation, Snapsil Corporation, and Transcontinental Inc.

What is single use plastic? In the environmental world, the term single use refers to products made of plastic and intended to be used only once. For example, a water bottle that is used twice remains a single use plastic, which will degrade and be disposed of after its second use. Single-use packaging come in many shapes, volumes, and functions. They range from promotional items to protective foam and bubble wrap to single-use medical devices and decorations.

Market Dynamics:

Rapid expansion of food &beverage industry and growing demand from medical industry for producing mask, PPE, manufacture syringes, and other personal protective equipment are driving growth of the single use packaging market. Strong growth in e-commerce industry is also playing significant role in overall development of the market.

On the other hand, strict environmental regulation is expected to hinder the market growth of single use packaging market.

Key features of the study:

  • This report provides in-depth analysis of the global single use packaging market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global single use packaging market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Ardagh Group SA, Amcor PLC, Winpak Limited, Dart Container Corporation, Snapsil Corporation, and Transcontinental Inc.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global single use packaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global single use packaging market

Detailed Segmentation:

  • Global Single Use Packaging Market, By Material Type:
    • Paper and Paper Board
    • Plastics
    • Glass
    • Other Material Types
  • Global Single Use Packaging Market, By End-User Industry:
    • Food
    • Beverage
    • Personal Care
    • Pharmaceutical
    • Other End-user Industries
  • Global Single Use Packaging Market, By Geography:
    • North America
    • Europe
    • Asia-Pacific
    • South America
    • Middle East & Africa

Frequently Asked Questions

The global single use packaging market size is estimated to be valued at US$ 36.76 Million in 2021 and is expected to exhibit a CAGR of 5.74% between 2021 and 2030.
Miniaturization in packaging and growing demand from medical industry fuelling the growth of the market.
The Paper & Paper Board segment is the leading component segment in the market.
Strict environmental and negative impact of covid-19 are the major factors restraining growth of the market.
Major players operating in the market are Ardagh Group SA, Amcor PLC, Winpak Limited, Dart Container Corporation, Snapsil Corporation, and Transcontinental Inc.

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