Recyclable, Mono-Material Packaging Film on Growth Trajectory

A new report predicts the mono-material plastic packaging film market will grow at a 3.8% CAGR through 2025, reaching $70.9 billion.

Working with Dow Chemical and Accredo Packaging, in mid-2016 Seventh Generation was one of the first brands to launch a mono-material flexible pack.
Working with Dow Chemical and Accredo Packaging, in mid-2016 Seventh Generation was one of the first brands to launch a mono-material flexible pack.

With its light weight and ease of transport, flexible packaging has long been lauded by producers for its environmental footprint. However, until recently, the fly in the ointment was the fact that the multiple film layers used to provide various functional properties made it unable to be recycled. But a raft of new mono-material film options have been introduced that provide the same functionality while being recyclable in store drop-off locations.

According a recent market report from Smithers, “The Future of Mono-Material Plastic Packaging Film to 2025,” the demand for mono-material flexible polymer packaging will reach approximately 24 million tons and a value of $58.9 billion in 2020. It adds that by 2025, the growing demand by brand owners and consumers for more sustainable solutions will see this market accelerate at a CAGR of 3.8% to reach $70.9 billion, with a total of approximately 29 million tons consumed. 

Smithers’ analysis tracks the demand for the four principal mono-material packaging film constructions: polyethylene, polypropylene (including biaxially oriented PP, oriented PP, and cast PP), polyvinyl chloride, and regenerated cellulose fiber (RCF).

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