PCR Packaging For Food And Beverages Applications Market Size
| Study Period | 2019 - 2029 |
| Market Volume (2024) | 4.53 Million tonnes |
| Market Volume (2029) | 6.81 Million tonnes |
| CAGR (2024 - 2029) | 8.52 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
PCR Packaging For Food And Beverages Applications Market Analysis
The PCR Packaging For Food And Beverages Applications Market size in terms of production volume is expected to grow from 4.53 Million tonnes in 2024 to 6.81 Million tonnes by 2029, at a CAGR of 8.52% during the forecast period (2024-2029).
PCR packaging embodies the principles of a circular economy, highlighting the reuse and recycling of materials that have been disposed of. Brands that choose recycled materials are not just making a choice; they are actively participating in this sustainable cycle, which resonates with consumers.
- Many consumers prioritize transparency in sourcing and manufacturing processes. Companies leveraging PCR packaging often highlight their sustainability initiatives, a move that can bolster brand loyalty, especially among eco-conscious shoppers. According to the Cybersecurity and Infrastructure Security Agency, the volume of recycled plastic in China in 2023 was 19 million metric tons, and it has increased from 16 million metric tons in 2020.
- Moreover, as awareness of environmental challenges, such as plastic pollution and climate change, grows, consumers increasingly favor products made from sustainable materials. Using PCR packaging, companies can reduce the demand for new plastics, minimize waste, and conserve valuable resources.
- The increasing focus on sustainability and the need for effective waste management solutions drive the post-consumer recycled (PCR) packaging market. Pressure from consumers and regulatory bodies prompts brands to adopt PCR materials to reduce environmental impact and landfill waste.
- Advancements in plastic processing technologies, alongside supportive regulations, are driving growth in the post-consumer recycled (PCR) packaging market. Innovations like enhanced chemical recycling processes allow plastics to be broken down into their basic molecular forms, making it possible to recycle lower-quality plastics that were once difficult to repurpose.
- Concerns about contamination in food applications present a significant challenge to the PCR packaging market. Due to the potential for harmful substances to remain in recycled plastics, stringent safety measures are required, particularly for food-contact materials.
PCR Packaging For Food And Beverages Applications Market Trends
Baked Goods Food End User Segment is Expected to Witness Significant Growth in the Market
- Health and wellness baked goods consumers often prioritize environmentally friendly and sustainable products, including packaging. Companies will be encouraged to use PCR materials as this market expands, aligning with consumer expectations for eco-friendly packaging. PCR packaging offers an appealing choice for health-conscious brands aiming to reduce their environmental impact, especially as consumers look for products that support personal and environmental well-being.
- According to Agriculture and Agri-Food Canada, in 2022, global retail sales of health and wellness baked goods were approximately USD 44.9 billion. By 2026, they are expected to reach USD 56.2 billion.
- Regions such as Europe and North America are enacting stricter regulations on packaging waste and promoting recycled content requirements. As demand for health and wellness baked goods grows globally, brands will seek PCR packaging solutions to ensure compliance with these regulations and support circular economy initiatives.
- PCR packaging meets these requirements, making it a practical choice for brands navigating evolving regulations.
- Bread and bakery items are staple purchases with high-frequency turnover, generating substantial packaging waste. To address this, brands are shifting to sustainable packaging to align with consumer preferences for low-impact options. PCR packaging solutions, such as bread bags, wrap films, and pouches, provide recycled content options that can help reduce the environmental impact of everyday bakery packaging.
- According to Bizcommunity, a South African-based business-to-business news publisher, the global market for bread and bakery products amounted to an estimated volume of approximately 111.06 million tons in 2020 and is expected to reach 135 million tons by 2025.
- Using PCR packaging supports the circular economy by reintroducing recycled plastic into the production stream, reducing the need for virgin plastics. With a growing bakery sector, more brands are turning to PCR packaging to contribute to circular economy goals, supporting reducing, reusing, and recycling materials within the bakery industry.
Europe is Expected to Hold Significant Market Share
- The packaging industry represents a significant application segment in Germany's post-consumer recycled (PCR) resins market. PCR resins are increasingly adopted in packaging applications due to their sustainability benefits and reduced environmental impact. These materials are used in various packaging formats, including bottles, containers, and flexible packaging.
- The growing demand for environmentally friendly packaging solutions in food and beverages, driven by consumer preferences and regulatory requirements, is fueling the adoption of PCR resins. This segment aligns with the increasing focus on circular economy practices, which promote using recycled materials in packaging to reduce waste and conserve resources. Packaging companies in Germany are investing in technologies to improve the quality and functionality of PCR resins, thus expanding their application range and market presence.
- For instance, in February 2024, Source One Plastics, a joint venture between 23 Oaks Investments and LyondellBasell, launched a plastic waste sorting and recycling facility in Eicklingen, Germany. The facility processes hard-to-recycle post-consumer plastic waste, including mixed plastic packaging and flexible polyolefins, which would typically be incinerated. With a processing capacity of 70,000 metric tons, the facility can handle the equivalent plastic waste produced by 1.5 million German citizens annually.
- In recent years, France has implemented significant measures to address the environmental impact of packaging waste, driving changes in packaging materials, regulations, and consumer behavior.
- France, adhering to EU policies, has set targets for incorporating recycled content in packaging. By 2025, food and beverage packaging must include a minimum of 30% recycled plastic. This requirement drives the industry to adopt post-consumer recycled (PCR) plastics, particularly PET bottles, food containers, and trays. Brands increasingly utilize PCR plastics to decrease their dependence on virgin plastics and achieve sustainability targets.
- For instance, in February 2024, Faerch Group, a manufacturer of rigid food packaging and integrated recycling solutions, introduced its new Tumbler range for the food service market. This product line is engineered to incorporate at least 30% post-consumer recycled (PCR) material.
- Spain embraces the circular economy model as part of broader European Union initiatives. Post-consumer recycled (PCR) packaging is a crucial element in this transition. The Spanish food and beverages industry has shown responsiveness to the increasing demand for sustainable packaging, including incorporating recycled materials in food packaging. Key trends and adaptations in PCR packaging in Spain include:
- Spain's regulatory landscape is driving sustainable packaging adoption. The 2023 Plastic Tax incentivizes recycled material use, while the EU Green Deal and Circular Economy Action Plan set ambitious recycling targets, requiring 50% recycled content in plastic packaging by 2025.
- Additionally, Spain's National Packaging and Packaging Waste Management Plan (2020-2025) outlines goals to increase recycled content, reduce plastic waste, and enhance recycling systems. These initiatives collectively push Spanish companies towards increased use of post-consumer recycled (PCR) content and more sustainable packaging solutions.
PCR Packaging For Food And Beverages Applications Industry Overview
Various factors, including brand identity, competitive strategies, and transparency levels, influence the degree of competition in the market. This competitive force's key determinants include sustainable innovation advantages and more.
The global post-consumer recycled packaging market is fragmented, Some of the major players in the market are Berry Global, Amcor Group, ePac Holdings, LLC, Mondi plc, and Transcontinental Inc. among others.
These corporations consistently innovate and forge strategic partnerships to uphold their market share. In summary, the intensity of competitive rivalry is high and is projected to persist throughout the forecast period.
PCR Packaging For Food And Beverages Applications Market Leaders
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Berry Global
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Amcor Group
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ePac Holdings, LLC
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Mondi plc
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Transcontinental Inc.
*Disclaimer: Major Players sorted in no particular order
PCR Packaging For Food And Beverages Applications Market News
- October 2024: ProAmpac introduces RotiBag, a practical alternative to traditional clamshell containers. RotiBag reduces material usage and is available in conventional, recycle-ready, and post-consumer recycled (PCR) structures. Its features include an integrated handle, making it suitable for hot grab-and-go items such as rotisserie chicken and other prepared foods. The fog-resistant packaging ensures product visibility.
- September 2024: Leadec and Jayplas have partnered on a project to recycle and reuse plastic packaging waste, establishing a closed-loop process. Jayplas collects LDPE film waste from Leadec's Halewood operation, recycles it at their United Kingdom facilities, and manufactures plastic sacks with 100% recycled content. These sacks are then used internally at Leadec's Halewood operations.
PCR Packaging For Food And Beverages Applications Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Ecosystem Analysis - Suppliers, Material Manufacturers, etc.
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.4 Industry Regulations and Standards for PCR Packaging in Food & Beverages Industry
4.4.1 Regulations on Contamination Through PCR Packaging
4.4.2 Key Case Studies Across Major Countries in Adoption of PCR Packaging
4.4.3 Regulations on LDPE and LLDPE in Food Applications
4.5 Demand and Supply Dynamics - Additives for PCR Packaging
4.5.1 Additives for Moisture and Oxygen Barrier Properties
4.5.2 Antioxidant Additives
4.5.3 Approved Color Additives & Masterbatches
4.6 Technological Landscape for PCR Processing
4.6.1 Recycling & Recycled Plastic Processing
4.6.1.1 Chemical
4.6.1.2 Mechanical
4.7 Comparative Analysis for Virgin vs. Recycled Plastics in Packaging Applications with Focus on Food Applications
5. RAW MATERIAL INDUSTRY LANDSCAPE
5.1 Plastic Production Data and Per Capita Consumption of Plastic Across Key Countries
5.2 Plastic Recycling Statistics, 2018-2023 (Million Tonnes)
5.3 Plastic Waste Production Data (Million Tonnes)
5.4 Future Market Trends for Plastic Recycling & Consumption of Recycled Plastics
6. MARKET DYNAMICS
6.1 Market Drivers
6.1.1 Sustainability Focus and Waste Management Landscape
6.1.2 Technological and Plastic Processing Advancements
6.2 Market Challenges
6.2.1 Contamination Concerns and Supply Constraints in Food-Grade PCR Packaging
6.2.2 Regulatory Compliance Challenges and Resource Constraints
7. MARKET SEGMENTATION
7.1 By Resin
7.1.1 Polyethylene Terephthalate (PET)
7.1.2 Polyethylene (PE)
7.1.3 Polypropylene (PP)
7.1.4 Other Resins (PS, EPS, etc.)
7.2 By Packaging Format
7.2.1 Rigid
7.2.2 Flexible
7.3 By End-user
7.3.1 Food
7.3.1.1 Ready Meals
7.3.1.2 Confectionery
7.3.1.3 Baked Goods
7.3.1.4 Dry Foods
7.3.1.5 Others
7.3.2 Beverages
7.3.2.1 Bottled Water
7.3.2.2 Carbonated Drinks
7.3.2.3 Juices & Other RTDs
7.4 By Geography***
7.4.1 North America
7.4.1.1 United States
7.4.1.2 Canada
7.4.2 Europe
7.4.2.1 Germany
7.4.2.2 France
7.4.2.3 Netherlands
7.4.2.4 Italy
7.4.2.5 Spain
7.4.2.6 United Kingdom
7.4.2.7 Turkey
7.4.3 Asia
7.4.3.1 China
7.4.3.2 India
7.4.3.3 Japan
7.4.3.4 Sri Lanka
7.4.4 Latin America
7.4.4.1 Mexico
7.4.4.2 Brazil
7.4.5 Middle East and Africa
8. COMPETITIVE LANDSCAPE
8.1 Company Profiles
8.1.1 Berry Global
8.1.2 Amcor Group
8.1.3 ePac Holdings, LLC
8.1.4 Mondi plc
8.1.5 Transcontinental Inc.
8.1.6 Wipf AG
8.1.7 Sonoco Products Company
8.1.8 ALPLA WERKE ALWIN LEHNER GMBH & CO KG
8.1.9 INDEVCO North America
8.1.10 ProAmpac LLC
8.1.11 Plastipak Holdings, Inc.
8.1.12 Evergreen Recycling, LLC
8.1.13 Phoenix Technologies International, LLC
8.1.14 Saudi Basic Industries Corporation (SABIC)
8.1.15 J&A Young (Leicester) Ltd
- *List Not Exhaustive
8.2 Heat Map & Ranking Analysis By Key Players
8.3 Company Market Share/Ranking Analysis, 2024
8.4 Company Categorization - Established Vs. Emerging Players
9. FUTURE OUTLOOK OF THE MARKET
PCR Packaging For Food And Beverages Applications Industry Segmentation
PCR Packaging Market for food and beverages applications is segmented by resin (polyethylene terephthalate (PET), polyethylene (PE), polypropylene (PP), other resins (PS, EPS, etc.)), by packaging format (rigid, flexible), by end-user (food [ready meals, confectionery, baked goods, dry foods, others], beverages [bottled water, carbonated drinks, juices & other RTDs]), by geography (North America [United States, Canada], Europe [Germany, France, Netherlands, Italy, Spain, United Kingdom, Turkey, Rest of Europe (Nordics, Nenelux, etc.)], Asia Pacific [China, India, Japan, Sri Lanka, Rest of Asia Pacific], Latin America [Mexico, Brazil, Rest of Latin America], Middle East and Africa). The report offers market forecasts and size in volume (Tonnes) for all the above segments.
| By Resin | |
| Polyethylene Terephthalate (PET) | |
| Polyethylene (PE) | |
| Polypropylene (PP) | |
| Other Resins (PS, EPS, etc.) |
| By Packaging Format | |
| Rigid | |
| Flexible |
| By End-user | |||||||
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| By Geography*** | |||||||||
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| Middle East and Africa |
PCR Packaging For Food And Beverages Applications Market Research Faqs
How big is the PCR Packaging For Food And Beverages Applications Market?
The PCR Packaging For Food And Beverages Applications Market size is expected to reach 4.53 million tonnes in 2024 and grow at a CAGR of 8.52% to reach 6.81 million tonnes by 2029.
What is the current PCR Packaging For Food And Beverages Applications Market size?
In 2024, the PCR Packaging For Food And Beverages Applications Market size is expected to reach 4.53 million tonnes.
Who are the key players in PCR Packaging For Food And Beverages Applications Market?
Berry Global, Amcor Group, ePac Holdings, LLC, Mondi plc and Transcontinental Inc. are the major companies operating in the PCR Packaging For Food And Beverages Applications Market.
Which is the fastest growing region in PCR Packaging For Food And Beverages Applications Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in PCR Packaging For Food And Beverages Applications Market?
In 2024, the Europe accounts for the largest market share in PCR Packaging For Food And Beverages Applications Market.
What years does this PCR Packaging For Food And Beverages Applications Market cover, and what was the market size in 2023?
In 2023, the PCR Packaging For Food And Beverages Applications Market size was estimated at 4.14 million tonnes. The report covers the PCR Packaging For Food And Beverages Applications Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the PCR Packaging For Food And Beverages Applications Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
PCR Packaging For Food And Beverages Applications Industry Report
Statistics for the 2024 PCR Packaging For Food And Beverages Applications market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. PCR Packaging For Food And Beverages Applications analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
