LOOSE FILL POLYSTYRENE PACKAGING MARKET ANALYSIS

Loose Fill Polystyrene Packaging Market, By Application (Consumer Goods Packaging, Pharmaceutical Packaging, Cosmetics & Personal Care Products Packaging, Others), and By Region (North America, Europe, Asia pacific, Latin America, Middle East, Africa) Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Dec 2022
Code : CMI2130
Pages :120
Formats :
Excel and PDF
Industry : Packaging

Market Challenges And Opportunities

Market Restraints

The dumping of the loose fill polystyrene packages in either of its form is challenging. These products are utilized only in the process of transportation of the products. Once the outer package is opened, the product loses its functionality. Although, these products are recyclable but at some point, of time, dumping is necessary. The hard and fast directives of the regulatory bodies aimed at governing the disposal of these packages is hindering this market. Stringent norms of the government aimed at the regulation of the loose fill polystyrene packaging market is negatively affecting this market. The adoption of various alternative modes of packaging is hindering the loose fill polystyrene packaging market.

Drivers

Figure 1. Global Loose Fill Polystyrene Packaging Market Value Share (%), By Region, 2021