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Asia Pacific Recyclable Packaging Market
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Asia Pacific Recyclable Packaging Market

Home Packaging Asia Pacific Recyclable Packaging Market

Asia Pacific Recyclable Packaging Market, By Packaging Material Type (Glass, Paper, Plastic, Tinplate, Wood, Aluminum, Biodegradable plastics, Recycled papers); By Type of Packaging (Paper & cardboard, Bubble wrap, Void fill packing, Pouches & envelopes); By End-Use Industry (Food, Beverage, Pharmaceutical, Personal Care, Logistics, Others); By Country (China, Japan, India, South Korea, Singapore, Malaysia, Australia, Indonesia, Vietnam, Philippines, Rest of Asia Pacific); Trend Analysis, Competitive Landscape & Forecast, 2019–2029

  • Published Date: January 2023
  • Report ID: BWC22630
  • Available Format: PDF
  • Page: 190

Report Overview

Growing environmental awareness among various stakeholders and an increasing demand for packaging across industries including manufacturing, e–commerce, and retail are expected to drive Asia-Pacific Recyclable Packaging Market during the forecast period between 2023 and 2029.

Asia-Pacific Recyclable Packaging Market - Industry Trends & Forecast Report, 2029

Asia-Pacific recyclable packaging market size is projected to grow at a CAGR of 7.6% during the forecast period between 2023 and 2029. The Asia-Pacific recyclable packaging market is flourishing owing to the increasing demand for packaging across various sectors including manufacturing, e–commerce, and retail, along with the increasing consciousness of consumers towards the environment. Packaging is emerging as a major urban hazard and polluting agent. Therefore, the market is witnessing a substantial shift towards sustainable and biodegradable packaging options including recyclable packaging, which is anticipated to drive market growth during the forecast period.

Asia-Pacific recyclable Packaging Market – Overview

Any type of packaging that can be recycled and used again qualifies as recyclable packaging. Paper, metals, glass, and certain plastics are among the commonly used recyclable materials. Recyclable packaging offers various environmental benefits, which is why it is gaining huge popularity across industries. It decreases the overall usage of heavy energy resources, which results in a decrease in the number of greenhouse gasses discharged into the environment and a corresponding decrease in carbon footprint. As a result, corporations and consumers are prominently inclining toward recyclable packaging.

Asia-Pacific recyclable Packaging Market

Growth Drivers

Rapid Shift of Industries Toward Recyclable Packaging

With the growing consumer–consciousness towards sustainable packaging, corporations are increasingly switching to recyclable packaging materials. Utilizing recyclable packaging has several advantages since it reduces greenhouse gas emissions and saves energy and raw materials during manufacture. The use of recyclable packaging not only has environmental benefits but also helps the company in building a positive reputation and brand image among its customers.

Restraints

Lower Profit Margins for Corporations

Most corporations often opt for plastic as the main packaging choice because of its lower cost. However, with increasing government regulations and consumer awareness regarding the use of recyclable packaging, the manufacturing cost of products is increasing. Multinational corporations often perform in–house recycling of waste packaging. This eventually increases the cost of the product, which is to be borne by the consumers. This acts as a major restraining factor for the Asia-Pacific recyclable packaging market.

Impact of COVID -19 on Asia-Pacific recyclable Packaging Market

The COVID–19 pandemic outbreak offered significant growth opportunities to the Asia-Pacific recyclable packaging market. The demand for the packaging spiked from certain industries including healthcare, food, and e–commerce. However, the recyclable packaging industry was halted as it does not come under essential industry. This temporarily halted its market growth. But the discussion surrounding sustainability and environmental–consciousness among consumers, especially the younger demographic, increased, the Asia-Pacific recyclable packaging market registered substantial growth and is anticipated to flourish significantly in the post-pandemic period as well.

Asia-Pacific recyclable Packaging Market

Segmental Coverage

Asia-Pacific Recyclable Packaging Market – By Packaging Material Type

Based on packaging material type, Asia-Pacific recyclable packaging market is segregated into the glass, paper, plastic, tinplate, wood, aluminum, biodegradable plastics, and recycled papers segments. The plastic packaging material type accounts for the highest market share. Plastic is among the most popular materials used for packaging. With increasing government regulations binding companies to recycle a certain percentage of their single-use plastic packaging, the plastic packaging material type is projected to register with the highest CAGR during the forecast period as well.

Asia-Pacific Recyclable Packaging Market – By Type of Packaging

Based on the type of packaging, Asia-Pacific recyclable packaging market is segmented into paper & cardboard, bubble wrap, void fill packing, and pouches & envelopes. The paper and cardboard segment held the highest market share owing to its high popularity as a sustainable packaging option. Recycling paper and cardboard offers various benefits such as it saves energy and water, preventing landfill space, and promoting the use of renewable and biodegradable materials. It is also helpful in reducing toxic greenhouse gas emissions, such as methane, into the atmosphere.

Asia-Pacific recyclable Packaging Market – By End-Use Industry

Based on the end-use industry, Asia-Pacific recyclable Packaging market is segmented into food and beverages, pharmaceuticals, personal care, logistics, and others. The food and beverages industry accounts for the highest market share. The major food chains and food processing brands are increasingly switching to recyclable packaging for their products to attract environment–conscious customers. Nestle, for instance, recently announced a switch to recyclable packaging for its two very popular brands – Quality Street and KitKat. Several other food processing brands including The Coca–Cola Company, Unilever, and Mondelez, are also switching to recyclable packaging, driving the overall market growth.

Asia-Pacific Recyclable Packaging Market – By Country

Geographically, Asia-Pacific recyclable packaging market covers major countries in the region: China, Japan, India, South Korea, Singapore, Malaysia, Australia, Indonesia, Vietnam, the Philippines, and the rest of Asia Pacific. China dominates the Asia-Pacific recyclable packaging market owing to the presence of a huge manufacturing sector in the country. China is a leading producer and exporter of several goods including textiles and apparel, fertilizers, food processing, and equipment. With an increasing demand for flexible and sustainable packaging, packaging manufacturers are increasingly expanding their production to meet the demand in these industries, which is anticipated to drive the market growth during the forecast period.

Competitive Landscape

Major players operating in Asia-Pacific recyclable packaging market include Amcor, Tetra Laval, Ball Corporation, Elopak AS, PlastiPak Holdings Inc., Sealed Air Corporation, Uflex Limited, WestRock Company, DS Smith, DuPont, Mondi, Bemis Company, and International Paper. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

  • In December 2022 - Amcor, a global product packaging company, opened its new flexible packaging plant in China.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2022

Base Year – 2022

Estimated Year – 2023

Forecast Period – 2023–2029

Facts Covered

Revenue in USD Billion

Market Coverage

China, Japan, India, South Korea, Singapore, Malaysia, Australia, Indonesia, Vietnam, the Philippines, Rest of Asia Pacific

Product/ Service Segmentation

Packaging Material Type, Type of Packaging, End-Use Industry, Country

Key Players

Amcor, Tetra Laval, Ball Corporation, Elopak AS, PlastiPak Holdings Inc., Sealed Air Corporation, Uflex Limited, WestRock Company, DS Smith, DuPont, Mondi, Bemis Company, International Paper

 

 

By Packaging Material Type

  • Glass

  • Paper

  • Plastic

  • Tinplate

  • Wood

  • Aluminum

  • Biodegradable Plastics

  • Recycled Papers

By Type of Packaging

  • Paper & cardboard

  • Bubble wrap

  • Void fill packing

  • Pouches & envelopes

By End-Use Industry

  • Food & Beverages

  • Pharmaceuticals

  • Personal Care

  • Logistics

  • Others

By Country

  • China

  • Japan

  • India

  • South Korea

  • Singapore

  • Malaysia

  • Australia

  • Indonesia

  • Vietnam

  • Philippines

  • Rest of Asia Pacific

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Asia-Pacific Recycling Packaging Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Increasing working population
        2. Increased use of renewably sourced materials
        3. Growing middle class population and income levels
        4. Changing lifestyles and urbanization levels in Asia Pacific
      2. Restraints
        1. Consumer goods sector facing low margins due to dependency on import prices
        2. Implementation of Stringent Regulatory Policies
      3. Opportunities
        1. Growing awareness about sustainability or green initiatives among FMCG companies (major end-users)
      4. Challenges
        1. Availability of raw material along with volatility in prices is a major challenge
        2. High input cost
    3. Technology Advancements/Recent Developments
    4. Regulatory Framework
    5. Bread Improvers Price Trend Analysis,2018–2022
    6. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Asia-Pacific Recycling Packaging Market Overview
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Packaging Material Type
        1. Glass
        2. Paper
        3. Plastic
        4. Tinplate
        5. Wood
        6. Aluminum
        7. Biodegradable plastics
        8. Recycled papers
      2. By Type of Packaging
        1. Paper & cardboard
        2. Bubble wrap
        3. Void fill packing
        4. Pouches & envelopes
      3. By End-Use Industry
        1. Food & Beverages
        2. Pharmaceuticals
        3. Personal Care
        4. Logistics
        5. Others
      4. By Country
        1. China
        2. Japan
        3. India
        4. South Korea
        5. Singapore
        6. Malaysia
        7. Australia
        8. Indonesia
        9. Vietnam
        10. Philippines
        11. Rest of Asia Pacific
  5. China Recycling Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Packaging Material Type
      2. By Type of Packaging
      3. By End-Use Industry
  6. Japan Recycling Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Packaging Material Type
      2. By Type of Packaging
      3. By End-Use Industry
  7. India Recycling Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Packaging Material Type
      2. By Type of Packaging
      3. By End-Use Industry
  8. South Korea Recycling Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Packaging Material Type
      2. By Type of Packaging
      3. By End-Use Industry
  9. Singapore Recycling Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Packaging Material Type
      2. By Type of Packaging
      3. By End-Use Industry
  10. Malaysia Recycling Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Packaging Material Type
      2. By Type of Packaging
      3. By End-Use Industry
  11. Australia Recycling Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Packaging Material Type
      2. By Type of Packaging
      3. By End-Use Industry
  12. Indonesia Recycling Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Packaging Material Type
      2. By Type of Packaging
      3. By End-Use Industry
  13. Vietnam Recycling Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Packaging Material Type
      2. By Type of Packaging
      3. By End-Use Industry
  14. Philippines Recycling Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Packaging Material Type
      2. By Type of Packaging
      3. By End-Use Industry
  15. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Asia-Pacific Recycling Packaging Company Market Share Analysis, 2022
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  16. Impact of Covid-19 on Asia-Pacific Recycling Packaging Market
  17. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)
    1. Amcor
    2. Tetra Laval
    3. Ball Corporation
    4. Elopak AS
    5. PlastiPak Holdings Inc.
    6. Sealed Air Corporation
    7. Uflex Limited
    8. WestRock Company
    9. DS Smith
    10. DuPont
    11. Mondi
    12. Bemis Company
    13. International Paper
    14. Other Prominent Players
  18. Key Strategic Recommendations
  19. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation

 

*Financial information in case of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

 

 

List of Figures

 

Figure 1    Asia-Pacific Recycling Packaging Market Segmentation

Figure 2    Asia-Pacific Recycling Packaging Market Value Chain Analysis

Figure 3    Company Market Share Analysis, 2022

Figure 4    Asia-Pacific Recycling Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 5    Asia-Pacific Recycling Packaging Market Share, By Packaging Material Type, By Value, 2019–2029

Figure 6    Asia-Pacific Recycling Packaging Market Share, By Types of Packaging, By Value, 2019–2029

Figure 7    Asia-Pacific Recycling Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 8    Asia-Pacific Recycling Packaging Market Share, By Country, By Value, 2019–2029

Figure 9    China Recycling Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 10  China Recycling Packaging Market Share, By Packaging Material Type, By Value, 2019–2029

Figure 11  China Recycling Packaging Market Share, By Types of Packaging, By Value, 2019–2029

Figure 12  China Recycling Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 13  India Recycling Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 14  India Recycling Packaging Market Share, By Packaging Material Type, By Value, 2019–2029

Figure 15  India Recycling Packaging Market Share, By Types of Packaging, By Value, 2019–2029

Figure 16  India Recycling Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 17  Japan Recycling Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 18  Japan Recycling Packaging Market Share, By Packaging Material Type, By Value, 2019–2029

Figure 19  Japan Recycling Packaging Market Share, By Types of Packaging, By Value, 2019–2029

Figure 20  Japan Recycling Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 21  South Korea Recycling Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 22  South Korea Recycling Packaging Market Share, By Packaging Material Type, By Value, 2019–2029

Figure 23  South Korea Recycling Packaging Market Share, By Types of Packaging, By Value, 2019–2029

Figure 24  South Korea Recycling Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 25  Australia & New Zealand Recycling Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 26  Australia & New Zealand Recycling Packaging Market Share, By Packaging Material Type, By Value, 2019–2029

Figure 27  Australia & New Zealand Recycling Packaging Market Share, By Types of Packaging, By Value, 2019–2029

Figure 28  Australia & New Zealand Recycling Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 29  Indonesia Recycling Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 30  Indonesia Recycling Packaging Market Share, By Packaging Material Type, By Value, 2019–2029

Figure 31  Indonesia Recycling Packaging Market Share, By Types of Packaging, By Value, 2019–2029

Figure 32  Indonesia Recycling Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 33  Malaysia Recycling Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 34  Malaysia Recycling Packaging Market Share, By Packaging Material Type, By Value, 2019–2029

Figure 35  Malaysia Recycling Packaging Market Share, By Types of Packaging, By Value, 2019–2029

Figure 36  Malaysia Recycling Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 37  Singapore Recycling Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 38  Singapore Recycling Packaging Market Share, By Packaging Material Type, By Value, 2019–2029

Figure 39  Singapore Recycling Packaging Market Share, By Types of Packaging, By Value, 2019–2029

Figure 40  Singapore Recycling Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 41  Philippines Recycling Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 42  Philippines Recycling Packaging Market Share, By Packaging Material Type, By Value, 2019–2029

Figure 43  Philippines Recycling Packaging Market Share, By Types of Packaging, By Value, 2019–2029

Figure 44  Philippines Recycling Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 45  Vietnam Recycling Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 46  Vietnam Recycling Packaging Market Share, By Packaging Material Type, By Value, 2019–2029

Figure 47  Vietnam Recycling Packaging Market Share, By Types of Packaging, By Value, 2019–2029

Figure 48  Vietnam Recycling Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 49  Rest of Asia-Pacific Recycling Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 50  Rest of Asia-Pacific Recycling Packaging Market Share, By Packaging Material Type, By Value, 2019–2029

Figure 51  Rest of Asia-Pacific Recycling Packaging Market Share, By Types of Packaging, By Value, 2019–2029

Figure 52  Rest of Asia-Pacific Recycling Packaging Market Share, By End-Use Industry, By Value, 2019–2029

List of Tables

Table 1       Asia-Pacific Recycling Packaging Market Size, By Packaging Material Type, By Value, 2019–2029

Table 2       Asia-Pacific Recycling Packaging Market Size, By Types of Packaging, By Value, 2019–2029

Table 3       Asia-Pacific Recycling Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 4       The Asia-Pacific Recycling Packaging Market Size, By Country, By Value, 2019–2029

Table 5       China Recycling Packaging Market Size, By Packaging Material Type, By Value, 2019–2029

Table 6       China Recycling Packaging Market Size, By Types of Packaging, By Value, 2019–2029

Table 7       China Recycling Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 8       India Recycling Packaging Market Size, By Packaging Material Type, By Value, 2019–2029

Table 9       India Recycling Packaging Market Size, By Types of Packaging, By Value, 2019–2029

Table 10     India Recycling Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 11     Japan Recycling Packaging Market Size, By Packaging Material Type, By Value, 2019–2029

Table 12     Japan Recycling Packaging Market Size, By Types of Packaging, By Value, 2019–2029

Table 13     Japan Recycling Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 14     South Korea Recycling Packaging Market Size, By Packaging Material Type, By Value, 2019–2029

Table 15     South Korea Recycling Packaging Market Size, By Types of Packaging, By Value, 2019–2029

Table 16     South Korea Recycling Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 17     Australia & New Zealand Recycling Packaging Market Size, By Packaging Material Type, By Value, 2019–2029

Table 18     Australia & New Zealand Recycling Packaging Market Size, By Types of Packaging, By Value, 2019–2029

Table 19     Australia & New Zealand Recycling Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 20     Indonesia Recycling Packaging Market Size, By Packaging Material Type, By Value, 2019–2029

Table 21     Indonesia Recycling Packaging Market Size, By Types of Packaging, By Value, 2019–2029

Table 22     Indonesia Recycling Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 23     Malaysia Recycling Packaging Market Size, By Packaging Material Type, By Value, 2019–2029

Table 24     Malaysia Recycling Packaging Market Size, By Types of Packaging, By Value, 2019–2029

Table 25     Malaysia Recycling Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 26     Singapore Recycling Packaging Market Size, By Packaging Material Type, By Value, 2019–2029

Table 27     Singapore Recycling Packaging Market Size, By Types of Packaging, By Value, 2019–2029

Table 28     Singapore Recycling Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 29     Philippines Recycling Packaging Market Size, By Packaging Material Type, By Value, 2019–2029

Table 30     Philippines Recycling Packaging Market Size, By Types of Packaging, By Value, 2019–2029

Table 31     Philippines Recycling Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 32     Vietnam Recycling Packaging Market Size, By Packaging Material Type, By Value, 2019–2029

Table 33     Vietnam Recycling Packaging Market Size, By Types of Packaging, By Value, 2019–2029

Table 34     Vietnam Recycling Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 35     Rest of Asia-Pacific Recycling Packaging Market Size, By Packaging Material Type, By Value, 2019–2029

Table 36     Rest of Asia-Pacific Recycling Packaging Market Size, By Types of Packaging, By Value, 2019–2029

Table 37     Rest of Asia-Pacific Recycling Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 38     Amcor Company Overview

Table 39     Amcor Financial Overview

Table 40     Tetra Laval Company Overview

Table 41     Tetra Laval Financial Overview

Table 42     Ball Corporation Company Overview

Table 43     Ball Corporation Financial Overview

Table 44     Elopak AS Company Overview

Table 45     Elopak AS Financial Overview

Table 46     PlastiPak Holdings Inc. Company Overview

Table 47     PlastiPak Holdings Inc. Financial Overview

Table 48     Sealed Air Corporation Company Overview

Table 49     Sealed Air Corporation Financial Overview

Table 50     Uflex Limited Company Overview

Table 51     Uflex Limited Financial Overview

Table 52     WestRock Company Overview

Table 53     WestRock Company Financial Overview

Table 54     DS Smith Company Overview

Table 55     DS Smith Financial Overview

Table 56     DuPont Company Overview

Table 57     DuPont Financial Overview

Table 58     Mondi Company Overview

Table 59     Mondi Financial Overview

Table 60     Bemis Company Overview

Table 61     Bemis Company Financial Overview

Table 62     International Paper Company Overview

Table 63     International Paper Financial Overview

 

Market Segmentation

By Packaging Material Type

  • Glass

  • Paper

  • Plastic

  • Tinplate

  • Wood

  • Aluminum

  • Biodegradable Plastics

  • Recycled Papers

By Type of Packaging

  • Paper & cardboard

  • Bubble wrap

  • Void fill packing

  • Pouches & envelopes

By End-Use Industry

  • Food & Beverages

  • Pharmaceuticals

  • Personal Care

  • Logistics

  • Others

By Country

  • China

  • Japan

  • India

  • South Korea

  • Singapore

  • Malaysia

  • Australia

  • Indonesia

  • Vietnam

  • Philippines

  • Rest of Asia Pacific

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Frequently Asked Questions (FAQs):

Ans: China is expected to grow at the fastest rate in Asia-Pacific Recyclable Packaging Market during the forecast period.
Ans: Asia-Pacific Recyclable Packaging market is expected to grow at a CAGR of 7.6% during the forecast period between 2023 and 2029.
Ans: Major factors driving the growth of Asia-Pacific Recyclable Packaging Market include increasing demand for packaging across various sectors including manufacturing, e–commerce, and retail, along with the increasing consciousness of consumers towards the environment.
Ans: The food and beverages segment held the highest market share in Asia-Pacific Recyclable Packaging Market by end user.
Ans: Key players in Asia-Pacific Recyclable Packaging Market include Amcor, Tetra Laval, Ball Corporation, Elopak AS, PlastiPak Holdings Inc., Sealed Air Corporation, Uflex Limited, WestRock Company, DS Smith, DuPont, Mondi, Bemis Company, and International Paper.