Mushroom Packaging Market
Mushroom Packaging Market Size, Share & Trends Analysis Report by Application (Commercial, Retail, and Household), by End Use Industry (Electronic, Furniture, Wine Shipper, Glassware, and Automotive), and by Sales Channel (Online, and Offline) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Mushroom packaging market is anticipated to grow at a considerable CAGR of 16.6% during the forecast period. Rising government regulations related to encouraging the adoption of sustainable products and implementing rules and regulations to reduce plastic waste is a major factor contributing to the growth of the mushroom packaging market. Major countries such as India and US are implementing regulations regarding plastics and a ban on single-use plastics which is expected to be a boon for the mushroom packaging market. For instance, according to Earth.Org, The government of India announced in 2021 that they will be banning the manufacture, sale, distribution, and use of single-use plastics from July 1 2022 onwards. The ban will be rolled out in three phases based on the utility and environmental impact of the plastic. Moreover, multiple countries In the US, including San Francisco and Seattle, have already banned single-use plastic. As a result, companies are increasingly looking for innovative packaging alternatives, such as mushroom packaging which is able to decompose naturally within a matter of weeks, and thus reducing waste and increasing recycling. Moreover, increasing consumer awareness and growing adoption of sustainable and biodegradable packaging is further adding to the growth of the mushroom packaging market. There is an increasing demand for eco-friendly products across the globe due to rising environmental concerns among people. According to World Wildlife Fund, Australia produces almost 3 million tonnes of plastic per annum, of which less than 12% is recycled. Alarmingly, up to 130,000 tonnes of that plastic will wind up in the ocean as plastic pollution each year.
Segmental Outlook
The global mushroom packaging market is segmented based on the application, end-use industry, and sales channel. Based on the product application, the market is segmented into commercial, retail, and household. Based on the end-use industry the market is categorized into electronic, furniture, wine shipper, glassware, and automotive. Further, based on the sales channel, the market is segmented into online, and offline. Among the application segment, the retail sub-segment is expected to cater prominent market share over the forecast period owing to growing innovations in packaging solutions coupled up with increasing demand for eco-friendly packaging.
The Retail Sub-Segment is anticipated to Hold a Prominent Share in the Global Mushroom Packaging Market
Retail chains are continuously looking forwards to sustainable and eco-friendly packaging solutions as a part of their efforts to reduce waste and increase recycling. This is increasing the demand for environment-friendly and sustainable packaging solutions such as mushroom packaging among retail brands to provide different types of innovative and biodegradable packaging to their customers. For instance, IKEA, the furniture & home design chain has been continuously optimizing its packaging over the years. In 2019, the company announced the implementation of mushroom-based packaging, based on mycelium and agricultural cultivation of the source material. The innovative concept is a next step in decreasing the amount of EPS-based packaging used by the company.
Regional Outlooks
The global Mushroom Packaging market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the North American regional market is expected to cater prominent growth over the forecast period. However, the European region is projected to experience considerable growth in the Mushroom Packaging market.
Global Mushroom Packaging Market Growth, by Region 2022-2028
The North AmericanRegionIs Expected to Hold Prominent Share in the Global Mushroom Packaging Market
The North American region is expected to hold a prominent share in the global Mushroom Packaging market owing to the rising demand for innovative and eco-friendly packaging solutions in this region. Growing innovations in packaging solutions due to rising demand for natural solutions among customers are anticipated to be the major factor fueling the global mushroom packaging market growth in this region. Moreover, due to favorable climatic conditions for mushroom production, the US is estimated to propel the global mushroom packaging market with prominent players holding a major presence in the US market. Ecovative Design, a company based in New York, US is the current market leader in mycelium pack tech. Their two packaging solutions are a rigid composite material, MycoComposite, and a 100% mycelium flexible foam, MycoFlex. MycoComposite has gained the most commercial success, with furniture giant Ikea, and computer company Dell, entering into a partnership to use the material in its furniture packaging to replace polystyrene.
Market Players Outlook
The major companies serving the global mushroom packaging market includesEcovative LLC, Rich Brilliant Willing, Shroom Labs., Symbiotec Ltd (Magical Mushroom Company Ltd), THE ECOBAHN GROUP PTY LTD, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in March 2021, LOLI Beauty launched mushroom-based, home-compostable packaging for its Arnica Elderberry Jelly Organic All Day Maskne + Spot Rescue. The product is completely plastic-free and garden-compostable.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global mushroom packaging market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Recovery Scenario of Global Mushroom Packaging Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segmentation
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendation
2.2.3. Conclusion
3. Competitive Landscape
3.1. Ecovative LLC
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Development
3.2. Rich Brilliant Willing
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Development
3.3. Shroom Labs.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Development
3.4. Symbiotec Ltd (Magical Mushroom Company Ltd)
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Development
3.5. THE ECOBAHN GROUP PTY LTD
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Development
3.6. Key Strategy Analysis
4. Market Segmentation
4.1. Global Mushroom Packaging Market by Application
4.1.1. Commercial
4.1.2. Retail
4.1.3. Household
4.2. Global Mushroom Packaging Market by End Use Industry
4.2.1. Electronic
4.2.2. Furniture
4.2.3. Wine Shipper
4.2.4. Glassware
4.2.5. Automotive
4.3. Global Mushroom Packaging Market by Sales Channel
4.3.1. Online
4.3.2. Offline
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. CKF Inc.
6.2. Dell Inc.
6.3. EcoEnclose
6.4. Ekopak Ltd. (Source Green Packaging)
6.5. Mush Comb B.V.
6.6. Notpla Ltd.
6.7. Packhelp S.A.
6.8. Paradise Packaging Co.
6.9. Steelcase Inc.
1. GLOBAL MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
2. GLOBAL MUSHROOM PACKAGING FOR COMMERCIAL APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL MUSHROOM PACKAGING FOR RETAIL APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL MUSHROOM PACKAGING FOR HOUSEHOLD APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY END USE INDUSTRY, 2021-2028 ($ MILLION)
6. GLOBAL MUSHROOM PACKAGING IN ELECTRONIC MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL MUSHROOM PACKAGING IN FURNITURE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL MUSHROOM PACKAGING IN WINE SHIPPER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL MUSHROOM PACKAGING IN GLASSWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL MUSHROOM PACKAGING IN AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY SALES CHANNEL, 2021-2028 ($ MILLION)
12. GLOBAL MUSHROOM PACKAGING BY ONLINE CHANNEL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL MUSHROOM PACKAGING BY OFFLINE CHANNEL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
15. NORTH AMERICAN MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
16. NORTH AMERICAN MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
17. NORTH AMERICAN MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY END USE INDUSTRY, 2021-2028 ($ MILLION)
18. NORTH AMERICAN MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY SALES CHANNEL, 2021-2028 ($ MILLION)
19. EUROPEAN MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. EUROPEAN MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
21. EUROPEAN MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY END USE INDUSTRY, 2021-2028 ($ MILLION)
22. EUROPEAN MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY SALES CHANNEL, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY END USE INDUSTRY, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY SALES CHANNEL, 2021-2028 ($ MILLION)
27. REST OF THE WORLD MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
28. REST OF THE WORLD MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
29. REST OF THE WORLD MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY END USE INDUSTRY, 2021-2028 ($ MILLION)
30. REST OF THE WORLD MUSHROOM PACKAGING MARKET RESEARCH AND ANALYSIS BY SALES CHANNEL, 2021-2028 ($ MILLION)
1. GLOBAL MUSHROOM PACKAGING MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
2. GLOBAL MUSHROOM PACKAGING FOR COMMERCIAL APPLICATION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
3. GLOBAL MUSHROOM PACKAGING FOR RETAIL APPLICATION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
4. GLOBAL MUSHROOM PACKAGING FOR HOUSEHOLD APPLICATION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
5. GLOBAL MUSHROOM PACKAGING MARKET SHARE BY END USE INDUSTRY, 2021 VS 2028 (%)
6. GLOBAL MUSHROOM PACKAGING IN ELECTRONIC MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL MUSHROOM PACKAGING IN FURNITURE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL MUSHROOM PACKAGING IN WINE SHIPPER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL MUSHROOM PACKAGING IN GLASSWARE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL MUSHROOM PACKAGING IN AUTOMOTIVE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL MUSHROOM PACKAGING MARKET SHARE BY SALES CHANNEL, 2021 VS 2028 (%)
12. GLOBAL MUSHROOM PACKAGING BY ONLINE DISTRIBUTION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL MUSHROOM PACKAGING BY OFFLINE DISTRIBUTION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL MUSHROOM PACKAGING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. US MUSHROOM PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
16. CANADA MUSHROOM PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
17. UK MUSHROOM PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
18. FRANCE MUSHROOM PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
19. GERMANY MUSHROOM PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
20. ITALY MUSHROOM PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
21. SPAIN MUSHROOM PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
22. REST OF EUROPE MUSHROOM PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
23. INDIA MUSHROOM PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
24. CHINA MUSHROOM PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
25. JAPAN MUSHROOM PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
26. SOUTH KOREA MUSHROOM PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF ASIA-PACIFIC MUSHROOM PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF THE WORLD MUSHROOM PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
