GVR Report cover Sugarcane Bottles Market Size, Share & Trends Report

Sugarcane Bottles Market Size, Share & Trends Analysis Report By Capacity, By Distribution Channel, By End-User Industries, Region, And Segment Forecasts, 2023 To 2030

  • Report ID: GVR454390
  • Number of Pages: 0
  • Format: Electronic (PDF)

Sugarcane bottles are made from waste fiber left over after sugarcane is harvested which is a more sustainable option than petroleum-based plastics. It offers a renewable, biodegradable alternative to plastics. The market is expected to grow rapidly over the years owing to several factors such as increasing demand for sustainable packaging and government regulations.

Various industries such as food & beverage, personal care, pharmaceutical, and others have a wide application of these bottles to meet the growing demand for sustainable packaging. Major brands like The Coca-Cola Company and PepsiCo have introduced sugarcane bottles for some of their products.The pharmaceutical industry is also adopting sugarcane bottles for packaging certain products like syrups, tonics, and medicines.s

Moreover, governments around the world are implementing various regulations and policies aimed at reducing plastic waste and promoting sustainable packing solutions, including sugarcane bottles.Some countries have introduced taxes on plastic packaging to discourage its use and encourage the use of more sustainable alternatives. For instance, in U.K., a tax on plastic packing was introduced in 2022, which will apply to all plastic packing that does not contain at least 30% recycled content.

The sugarcane bottle market is broadly segmented into capacity, distribution channel, and end-user industry. The capacity segment is further categorized into less than 100 ml, 101-250 ml, 251-500 ml, and more than 500 ml. The distribution channel segment is further subdivided into online and offline. The end-user industry segment includes food & beverage, personal care & cosmetics, consumer durables, and pharmaceutical.

Some of the key players operating in the market are Berry Global Inc., FORTISX, Idealpak, Natural Bottle, bottle up, Worthy, and others.Prominent players involved in the marketplace are continuously focusing on business expansion activities through collaborations and partnerships across the value chain. For instance, in August 2021, Idealpak announced an expansion in its product portfolio by launching sugarcane bottles, jars and tubes for various industries such as cosmetics, pharmaceuticals, and others.

Europe is one of the largest markets for biodegradable packaging, and these products are becoming an attractive alternative to traditional plastic bottles due to their biodegradable and compostable nature. Germany is one of the largest consumers of these bottles in the region, and the country is expected to continue its dominance in the market due to its stringent environmental regulations and increasing adoption of biodegradable packing.

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