PUBLISHER: Grand View Research | PRODUCT CODE: 1772490
PUBLISHER: Grand View Research | PRODUCT CODE: 1772490
The global zero waste packaging market size is estimated to reach USD 673.57 billion by 2033, registering to grow at a CAGR of 10.0% from 2025 to 2033 according to a new report by Grand View Research, Inc. The increasing awareness about sustainable packaging products across industries, developing infrastructure for waste management, and sensible disposal practices across developed and some developing countries are driving the market.
The rising incidences of various types of pollution from packaging waste disposal are driving the demand for zero waste packaging. For instance, air pollution caused by hazardous and biodegradable waste causes diseases, especially in the nearby residing population. Soil pollution caused by littered plastic, glass, and metal particles, which take years to degrade into the soil, leads to soil erosion, thus negatively affecting crop yields and forest areas. Furthermore, disposed of plastic and industrial residues including chemicals are responsible for water pollution, thus driving the demand for zero waste packaging.
The aforementioned types of pollution degrade the environmental condition and cause critical situations for living organisms including marine life, ultimately resulting in a misbalance in weather conditions. This is hampering human lives and can create serious problems for living a normal life in the near future. Thus, the demand for alternative solutions for this increasing waste is anticipated to support the growth of zero waste packaging over the forecast period.
On the other hand, the high cost associated with newly developed products such as compostable packaging and edible packaging in certain cases is likely to restrict the growth to an extent. The volatility associated with raw material prices is another major factor limiting growth. However, the increasing number of people adopting sustainable lifestyles are making mindful choices for the same, which is projected to create potential opportunities over the forecast period.