PVC
free closures are developed by packaging manufacturers, especially
for food and beverage industry. PVC free closures eliminate the ill
effects of PVC on consumer’s health. Materials such as PE plastic,
PP, and metal caps are used for packaging of many food and beverage
items. The use of alternatives of PVC not only eliminates the ill
effects of PVC but also benefits the environment as other materials
are recyclable which helps in reducing the plastic waste. Cartons,
bottles, bread packs and jars of jam, pickle, sauce and many other
food related items are some examples of the application area for the
PVC free closures market.
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PVC
Free Closures Market: Market Dynamics
To
tap the growing demand of the beverage industry packaging
manufacturers are doing various innovations to attract consumers.
Beverage packaging market is estimated to be over US$ 100 billion and
is expected to grow at a CAGR of 5.5% over the forecast period. With
the increasing awareness among the consumers regarding health
benefits, people are now making choices based on the product and
packaging also. The increasing awareness among the consumers
regarding ill effects of PVC is driving the PVC free closures market.
The inclination of consumers towards the green packaging is another
factor supporting the growth in PVC free closures market. Use of PVC
free closures does not contaminate the drink while coming in contact
with the packed products hence maintain the taste and integrity of
the packed product. Regulations and policies of government
authorities across the world are also favoring the use of PVC free
closures market. By the end of the forecast period, the use of PVC is
expected to be nil for at least packaging of the consumable items.
Increasing trend for having packed food especially in APEJ region is
expected to create the significant incremental opportunity for the
PVC free closures market. Advancement in technology has enabled
packaging manufacturers to introduce closures with high resistance
and low cost without the use of PVC while ultimately creating future
abundant opportunities for PVC free closures market. The only
restraint PVC closures can face the ignorance of the small scale
manufacturers for the use of the food and beverages in backward or
developing regions due to lack of consumer awareness and strict
implementation of government policies.
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