Webinar: Global Plastic Packaging Market - Statistics, Trends, and Outlook

Tuesday, June 8th, 2021 @ 10:00 am ET

Join our live webinar to get insights into the global plastic packaging market.

Hey everybody!

We are hosting a 40-minute live webinar on the plastic packaging market.

Join us to get the main macroeconomic statistics around the production and trade, and talk over the challenges and the nearest future of the market.

We invite speakers from the industry to share their thoughts on how they are going through this difficult time.

Listen to stories from entrepreneurs from around the world and share yours!

Background

According to the latest statistics from Eurostat, the dynamics of plastic packaging production in 2020 practically mirrored that of 2019. Despite the decrease in the output of plastic packaging in April-June 2020 by about 8% compared to March and its subsequent recovery, these fluctuations fit into the 'normal' seasonal trend, typical for both 2019 and 2020. The average annual production in 2020 was also approximately equal to the volume of 2019. Consequently, the plastic packaging market remains resilient to the crisis caused by the pandemic. 

The EU plastic packaging market totals $31B (IndexBox estimates). The largest plastic packaging markets in the European Union include Germany ($4.8B), France ($4.7B) and the UK ($4.2B), together accounting for 44% of the total market. These countries were followed by Spain, Italy, Poland, the Netherlands, Belgium, Sweden, Denmark, the Czech Republic, Greece and Romania, which together accounted for a further 46% 

Limitations in the HoReCa segment have led to changes in sales channels since individual retail packaging has become more in demand than bulk packaging. During the pandemic, attention to hygiene and safety has increased, which has contributed to the continued popularity of plastic individual packaging because it is easy to wash and disinfect.

During the period of isolation, most shops, cafes and restaurants began to expand take-out and home delivery services. The surge in contactless shopping has led to an increase in the consumption of plastic packagings like plastic bags and containers. As consumers are more likely to cook and snack at home, plastic packaging manufacturers could also extend their product ranges with containers of various types and dimensions, including family and single-person boxes convenient for different scenarios of eating, in an effort to hold the market.

According to the New European Green Deal, by 2030, absolutely all plastic packaging consumed in the EU must be recyclable or recyclable. Tighter waste controls could push the plastic packaging market to transform supply chains. Manufacturers will be forced to switch to making plastic packaging suitable for multiple reuse and subsequent recycling, while the production of non-recyclable types of packaging should decrease in the future. 

Another problem is a large amount of carbon dioxide emitted into the atmosphere during the process of recycling plastic packaging. The European Green Deal aims to reduce greenhouse gas emissions by at least 55% by 2030, therefore, European plastic packaging manufacturers will be forced to use carbon capture technologies in their plants, or look for other ways to reduce carbon footprint, which could lead to higher costs of plastic packaging.

Taking into account the development of plastic recycling, any radical abandonment of plastic packaging is currently not expected. Plastic containers feature a relatively low cost due to low prices for hydrocarbons, light weight, and suitability for disinfection and washing. The exit from the pandemic may take a long time due to the threat of the second and subsequent waves, therefore, the need for food delivery and for home and retail packaging is expected to continue.

Speakers

Plastic Bank
Aaron Olin
Head of Global Supply Chain
Extensive global understanding, personable and dedicated. Supply Chain and Logistics expert for 2 decades with escalating responsibility in a variety of industries. As a logistics operator I've coordinated the movement of motion picture production equipment around the world for Hollywood blockbusters and set up multi-country warehouse distribution networks for manufacturers and importers. My emphasis on natural health products, perishable, fast, high-value and otherwise unique networks.

The Plastic Bank ecosystem reveals the value in waste and offers a business solution to poverty, with blockchain technology to collect and exchange plastic in developing countries.

ACTEGA
Anthony Carignano
Technical Director Marketing
Executive colleagues rely on my general management, business development, strategic marketing, and new product development skills to create effect teams, go-to-market strategies, map value chains, and commercially launch new product offerings. I have a global mind-set, E.U. residency, and in-depth international B2B business development and sales experience. I'm constantly seeking out new opportunities for growth!

ACTEGA develops, produces and distributes specialty coatings, inks, adhesives and sealing compounds with a focus on the packaging, graphic arts and medical industry. With production facilities in Europe, North and South America and China, we can react flexibly to customer requirements and provide technically advanced product solutions.

Emerald Technology Ventures
Fredric Petit
Partner
Energetic, resilient and commercially perceptive Senior Business Executive and Sustainability & Innovation Leader, with an outstanding track record of success shaping/executing strategies to drive change, value creation, innovation and profitable sales across leading global product lines and industries.

Emerald originated from the Sustainable Asset Management Group (SAM) and is a venture capital investment firm founded in 2000, and an open innovation partner for the sustainable impact of many multi-national corporations, with offices in Zurich, Toronto and Singapore. Over the years Emerald has raised 5 venture capital funds, supported 70 emerging industrial technology leaders and developed a very rich global deal flow with some 1750 new deals annually.

IndexBox Inc.
Ivan Borovoi
Market Analyst, Editor
Ivan Borovoi is a market analyst and editor at IndexBox Inc.

For over 10 years now, IndexBox has been conducting market research, completing consulting work, and selling reports.

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