Impact of Evolving Consumer Attitudes Towards Plastic Packaging: How consumer goods companies, retailers, and foodservice providers are responding to the plastic packaging issue
Impact of Evolving Consumer Attitudes Towards Plastic Packaging: How consumer goods companies, retailers, and foodservice providers are responding to the plastic packaging issue
Summary Plastic is a synthetic material that is malleable and cheap to make.It has been so convenient for many functions of daily life, that over 9 billion tons of plastic have been made since the 1950s.
While plastic has been incredibly useful for consumers, its inability to biodegrade is a huge environmental issue for the planet.
Only 9% of the world’s plastic has been recycled, with the vast majority thrown away into landfill or the general environment.So pervasive is the issue that recent surveys found microplastics was found in a third of British-caught fish, including cod, mackerel, and shellfish.
This can result in malnutrition or starvation for the fish, and lead to plastic ingestion in humans too.Some plastics are known to contain chemicals that are harmful to human development.
This is significant as it demonstrates the problem is not merely about litter and visual pollution.
With increasing public awareness of the harm plastic has on the environment, consumers are increasingly seeking a relationship with retailers and manufacturers that extend beyond a mere transaction. With increasing government legislation, consumers across all generations, particularly the young, are adapting their purchasing behavior in line with the ethics and values of retailers and manufacturers.
The report "Impact of Evolving Consumer Attitudes Towards Plastic Packaging", covers how packaging is evolving to meet the desires and expectations of consumers, in addition to identifying future trends that are likely to impact the FMCG markets. The report analyses the evolution to date, and identifies future trends in a number of sectors including personal care, food, retail, and foodservice.
Scope - Recycling is a step In the right direction, but zero waste is the ultimate solution - Young consumers in next-generation emerging markets are the most invested in leading sustainable lifestyles. - Increasing government legislation is having a positive effect on plastic reduction and influencing consumers to adopt greener purchasing behavior.
Reasons to buy - Recognize what has driven the evolution of consumer attitudes so far, and why consumers are increasingly seeking green packaging. - Identify where the market is going and how green/smart packaging will affect your relevant sector. - Access valuable strategic take-outs to assist future decision-making and product development.
Our reports have been used by over 10K customers, including:
Localism - TrendSights Analysis 2020
Summary
"Localism - TrendSights Analysis 2020" explores one of the 63 sub-trends that the analyst covers as part of our TrendSights series of Consumer Insight studies. The analysis covers what the trend is, why it is important, who is most influenced by it,...
The personal care packaging market was valued at USD 24.49 billion in 2020 and is expected to reach a value of USD 31.9 billion by 2026, at a CAGR of 4.78% during the forecast period from 2021 to 2026. Personal care packaging is essential for the beauty and cosmetic industry since it adds to the visual appeal and contributes to increasing...
250 pages •
By Asia Market Information & Development Company
• Mar 2021
China’s demand for Packaging has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption...
The Saudi Arabian plastic packaging market was valued at USD 8.59 billion in 2020, and it is projected to reach USD 11.93 billion by 2026, registering a CAGR of 5.6% during the period of 2021-2026. Most of the manufacturers are introducing additional functionalities of EVOH films for packaging. Functionalities, such as cost-effectiveness and...
42 pages •
By Euromonitor International
• Nov 2020
Home seclusion trends during the 2020 pandemic, along with reduced purchasing power have favoured sales of larger size formats such as family value packs in a number of categories, with families preparing and consuming all their meals at home for several months. The lower-cost solutions offered by such large pack sizes have proved popular...
The North American plastic caps and closures market is expected to record a CAGR of 8% over the forecast period. Plastic caps and closures are essential for extending the shelf-life and retaining the taste, flavor, and texture of the packaged product. Besides offering features, such as leak-proof and contamination resistance, plastic caps...
The green packaging market registered a value of USD 266.7 billion in 2020 and is expected to be 404.96 billion in 2026 to register a CAGR of 7.4% over the forecast period from 2021 to 2026. Concerns about environmental impacts caused by these plastic bottles continue to increase across the food and beverage industry, leading to several companies...
The North American flexible packaging market was valued at USD 40.14 billion in 2020 and is expected to reach USD 48.39 billion by 2026 and grow at a CAGR of 3.16% over the forecast period (2021-2026). Technological innovation, sustainability trepidations, and attractive economics are among the reasons for the remarkable growth of flexible...
The Modified Atmosphere Packaging Market was valued at USD 12.97 billion in 2020, and it is expected to reach USD 18.28 billion by 2026, at a CAGR of 5% over the forecast period (2021 - 2026). In the wake of COVID-19 the market faced supply chian disruptions as the entire world went under lockdown but as the demand for packaged food grew immediately...
The blister packaging market size is projected to grow from USD 24.1 billion in 2020 to USD 34.1 billion by 2025, at a CAGR of 7.2%. The blister packaging market is witnessing high growth owing to downsizing of packaging and requirement of fewer resources in blister packaging. Blister packaging is a transparent, portable packaging material,...
Packaging
World
North America
Europe
United States
APAC
Middle East
South America
Disposable Income
Gross Domestic Product
By continuing to use this site you consent to the use of cookies on your device as described in our Cookie Policy unless you have disabled them.
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.