Emerging Disappearing Packaging Market to Grow at Highest Pace Owing to Increased Focus on Sustainable Packaging

Disappearing packaging refers to packaging materials that disappear after their use. Disappearing packaging materials are primarily made from biodegradable materials that dissolve or degrade in water within a short span of time. Disappearing packaging materials find wide applications in industries such as food, dairy, beverages, agricultural chemicals, and others. Some common types of disappearing packaging include edible films and coatings, water-soluble films and pouches, and biodegradable plastic films. Edible films and coatings can be directly consumed along with the product to reduce food waste. Disappearing packages are convenient for single-use packages for food items and find increasing acceptability among consumers preferring sustainable packaging options.

The Global disappearing packaging market is estimated to be valued at US$ 4.26 Bn in 2024 and is expected to exhibit a CAGR of 11.% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the disappearing packaging are Kuraray Co. Ltd., Aicello Corporation, Aquapak Polymer Ltd, Lactips, Notpla Ltd, GM Packaging, Lithey, Mondi Group, The Mend Packaging, and Reckitt&nbsp. Key players are focusing on capacity expansion and new product development to cater to the increasing demand. The demand for disappearing packaging is expected to grow significantly over the forecast period, driven by the increasing focus on sustainable and eco-friendly packaging across various industries. Major players are investing heavily in R&D to develop highly effective and efficient Disappearing Packaging Market Size  materials with improved degradation properties to expand their market share. Technological advancements have enabled development of disappearing packaging materials that can completely dissolve even in cold water within a few hours, reducing packaging waste.

Market Trends

Use of biodegradable materials - Majority of disappearing packaging materials are made from biodegradable polymers and bio-based materials that are derived from renewable sources like plants, enabling them to degrade completely without harming the environment. Increasing popularity of bioplastics is a key trend in disappearing packaging market.

Adoption in e-commerce packaging - E-commerce industries are exhibiting significant growth worldwide. Disappearing water-soluble pouches and bags are gaining traction for packaging small and lightweight items shipped via e-commerce to end customers. This is a key market trend.

Market Opportunities

Increasingstringency of plastic waste regulations across regions will drive opportunities for adoption of sustainable disappearing packaging alternatives to single-use plastic packaging.

Rising health and environmental concerns among consumers regarding food contact materials have increased demand for edible films and coatings that eliminate packaging waste, presenting opportunities for market players.

Impact of COVID-19 on Disappearing Packaging Market Growth
The COVID-19 pandemic has significantly impacted the growth of disappearing packaging market. During the initial lockdown phases in 2020, the industrial activities came to a halt which disrupted the supply chain networks globally. This led to reduced production volumes across manufacturing facilities. As people stayed indoors, the demand from end-use industries such as food and beverages also declined substantially. However, with rising health awareness, the use of single-use cutlery and packaging grew for takeaway food delivery. The pharmaceutical industry also experienced growth in demand for disappearing packaging for medicines, vaccines and medical equipment.

As restrictions eased in 2021, production levels gradually recovered. Meanwhile, consumer preference shifted towards sustainable packaging solutions amid rising environmental concerns. This boosted the sales of biodegradable and compostable disappearing packaging products. Various companies increased their R&D investments to develop innovative solutions using materials like seaweeds, fruits and gelatins. The governments also implemented new regulations supporting bio-based packaging. It is expected that the long-term demand will remain robust, driven by sustainability goals of reducing plastic waste. The market is forecast to witness double digit CAGR during the forecast period with growing applications in food delivery, cosmetics and pharmaceuticals.

Geographical Regions with Highest Disappearing Packaging Market Value
Asia Pacific region currently has the largest market share in terms of value owing to high consumption countries like China, India, Japan and South Korea. This is attributed to growing population, rising disposable incomes, and expanding manufacturing industry. North America follows Asia Pacific as a major regional market due to stringent regulations against single-use plastics and presence of leading players. Europe also has a considerable disappearing packaging market driven by circular economy initiatives promoting bio-based and compostable products.

The Middle East region is showing fastest growth rates for disappearing packaging market. Factors such as rapid urbanization, increasing health awareness and tourism industry are propelling the demand. Countries like UAE, Saudi Arabia and Qatar are focusing on sustainable solutions and innovations and thus offering lucrative opportunities for market expansions. Africa is also emerging as a developing market as it aims to reduce dependence on plastics and explore biodegradable alternatives.

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About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)