The environmental threat caused by plastic waste has forced the packaging industry to invest in plastic-free packs. The use of plastics in food packaging can cause harmful side-effects to human metabolism and hence manufacturers in food and beverage sector are investing in sustainable packaging. The beauty and cosmetic products industry are also investing in sustainable development of their products and packaging. The packaging industry is focusing on the use of plastic alternative materials such as metal, paper or glass. These materials are biodegradable and can be easily recycled. Ethique, a New Zealand-based skincare products manufacturer has adopted plastic free packaging and uses materials such as cardboard and paper for packaging. Researchers in U.S have developed an edible film made from milk protein, which is similar to plastic wrap, which helps in preventing food spoilage and packaging waste. Recycled paper use in packaging is the current trend in packaging industry. Shredhouse, a UK-based supplier of packaging materials has launched shredded paper manufactured from single used coffee cups.
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Plastic-Free Packs Market: Drivers and Restraints
The ban on plastic bags and other plastic products in several countries across the world is the major driver for the growth of global plastic-free packs market. The strategic investments in sustainable development by global cosmetic products manufacturers, both in premium and mass segment is expected to drive the global plastic-free packs market growth. The stringent government regulations in using plastics or recycled plastics for food packaging also contributes to the growth of global plastic-free packs market. The increasing sales of luxury products such as perfumes and alcohol is expected to fuel the growth of glass packaging. The expansion of online retail has facilitated the growth of paper and...