Market Size of Single-use Packaging Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 42.95 Billion |
Market Size (2029) | USD 57.30 Billion |
CAGR (2024 - 2029) | 5.93 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Single Use Packaging Market Analysis
The Single-use Packaging Market size is estimated at USD 42.95 billion in 2024, and is expected to reach USD 57.30 billion by 2029, growing at a CAGR of 5.93% during the forecast period (2024-2029).
- Single-use plastic packaging is in high demand because of urbanization, busy lifestyles, and the need for food and beverage drives the industry. The increase in the consumption of food and drink and the popularity of online food delivery are also driving the demand for single-use packaging. Due to its strength, versatility, affordability, and transparency, single-use plastic packaging has gained popularity across different industries.
- The changing consumer buying behavior and the increasing prevalence of flexible, cost-effective, and user-friendly packaging drive the market for single-use packaging. Using single-use food packaging is essential in preventing foodborne illness by eliminating the risk of contamination and transmission of diseases by using products intended to be used only once. Examples of single-use products can be found in various eateries, such as fast-food joints, takeaway restaurants, and catering facilities. In the modern era, most end-user industry organizations adopt designs essential for everyday life, such as single-use paper and plastic beverage cups, beverage lids, and straws and bottles.
- The emergence of e-commerce in developing countries such as China and India is expected to increase the demand for disposable packaging. Additionally, the need for packaging in the market is expected to be influenced by the growth of modern lifestyle changes and the expansion of the food and beverages industry, the home care industry, the healthcare industry, and the personal care industry impacted by the development of new e-commerce markets which drive the demand of Single-use packaging market.
- Further, the food industry has significantly transformed recently, with a new demand for cloud kitchens emerging. Cloud kitchens have seen a surge in popularity in recent years, as the concept of cloud kitchens has become increasingly accepted by consumers, particularly in the post-pandemic, when restaurants adopt online food delivery, and the transition occurs to takeout and delivery services due to user demand.
- The widespread use of plastic materials worldwide has posed a considerable threat to the environment, and governments and global regulatory bodies are taking steps to address this issue. To address this issue, developing countries such as India have banned the production, import, storage, distribution, sale, and use of identified single-use plastic products, which are of low utility and have a high littering potential. The list of prohibited items includes earbuds containing plastic sticks, plastic sticks for balloons, plastic flags, candy sticks, ice-cream sticks, thermocol for decoration, plastic plates, cups, glasses, cutlery, forks, and stirrers. Spoons, knives, straws, trays, wrapping or packing films surrounding sweet boxes, invitation cards, cigarette packets, and plastic or PVC banners, all smaller than 100 microns;
- Meanwhile, the war between Russia and Ukraine has resulted in economic sanctions against several countries, high commodity prices, supply chain disruptions, and impacts on many markets worldwide. Some Middle Eastern nations are very reliant on imports of food and energy, making them particularly susceptible to economic shocks brought on by the Ukraine crisis. The war between Russia and Ukraine has made raw material prices and energy costs rise in several countries with production facilities, high commodity prices, supply chain disruptions, and impacts on many markets. According to the Center for Strategic and International Studies, the war restricted food exports from Ukraine and Russia and increased the prices of these commodities. The rising cost of packaging materials and items has resulted in a decline in profit across the supply chain.
Single Use Packaging Industry Segmentation
Single-use packaging is a type of packaging that is intended for single-use and then for disposal immediately. Plastic is the most widely used material in packaging and medical applications due to its versatility, ease of production, safety, sterility, and cost-effectiveness, followed by paper. These include, among other items, grocery bags, food packaging boxes, bottles, straws, containers, cups, and cutlery.
The Single-use Packaging Market is segmented by Material type (Paper and Paperboard, Plastic, and Glass), by End-user Vertical (Food, Beverage, Personal Care, Pharmaceutical, and other end users), and by Geography (North America (United States, Canada), Europe ( Germany, United Kingdom, France, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific), Latin America (Brazil, Mexico, Rest of Latin America), the Middle East and Africa (United Arab Emirates, Saudi Arabia, South Africa and Rest of Middle East & Africa). The market sizes and forecasts are provided in terms of value in USD for all the above segments.
By Material Type | |
Paper and Paperboard | |
Plastic | |
Glass | |
Other Material Types (Metals and Wood) |
By End-user Industry | |
Food | |
Beverage | |
Personal Care | |
Pharmaceutical | |
Other End-user Industries |
By Geography | |||||||
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Single-use Packaging Market Size Summary
The single-use packaging market is experiencing significant growth, driven by factors such as urbanization, busy lifestyles, and the increasing demand for food and beverages. The rise of online food delivery services has further fueled the demand for single-use packaging, which is favored for its strength, versatility, affordability, and transparency. This type of packaging is essential in preventing foodborne illnesses by reducing the risk of contamination. The market is also influenced by changing consumer behaviors and the growing preference for flexible and cost-effective packaging solutions. The expansion of e-commerce in developing regions, particularly in countries like China and India, is expected to further boost the demand for disposable packaging across various industries, including food and beverages, healthcare, and personal care.
However, the environmental impact of single-use plastic packaging has led to regulatory actions in several countries, with bans on certain plastic products due to their high littering potential. The geopolitical tensions, such as the war between Russia and Ukraine, have also affected the market by causing supply chain disruptions and increasing raw material costs. Despite these challenges, the market continues to grow, supported by the fast-paced lifestyle in developed countries and the increasing popularity of quick-service restaurants. The demand for single-use packaging is further bolstered by the rise of cloud kitchens and the need for convenient, on-the-go food solutions. In regions like India and China, the expanding middle class and growing e-commerce market are key drivers of market growth, with significant investments in packaging solutions to meet the rising demand.
Single-use Packaging Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Suppliers
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1.2.2 Bargaining Power of Buyers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitutes
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1.2.5 Intensity of Competitive Rivalry
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1.3 Industrial Value Chain Analysis
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1.4 Assessment of the Impact of COVID-19 on the Industry
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2. MARKET SEGMENTATION
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2.1 By Material Type
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2.1.1 Paper and Paperboard
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2.1.2 Plastic
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2.1.3 Glass
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2.1.4 Other Material Types (Metals and Wood)
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2.2 By End-user Industry
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2.2.1 Food
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2.2.2 Beverage
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2.2.3 Personal Care
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2.2.4 Pharmaceutical
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2.2.5 Other End-user Industries
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2.3 By Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 South Korea
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 Latin America
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2.3.4.1 Brazil
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2.3.4.2 Mexico
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2.3.4.3 Rest of Latin America
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2.3.5 Middle East and Africa
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2.3.5.1 United Arab Emirates
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2.3.5.2 Saudi Arabia
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2.3.5.3 South Africa
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2.3.5.4 Rest of Middle East and Africa
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Single-use Packaging Market Size FAQs
How big is the Single-use Packaging Market?
The Single-use Packaging Market size is expected to reach USD 42.95 billion in 2024 and grow at a CAGR of 5.93% to reach USD 57.30 billion by 2029.
What is the current Single-use Packaging Market size?
In 2024, the Single-use Packaging Market size is expected to reach USD 42.95 billion.