Nonwoven Containers Market Research, Analysis, Segmentation, Trends, Size And Forecasts, Competitive Analysis, SWOT Analysis

Nonwoven Containers Market Introduction

Nonwoven containers are made from nonwoven fabrics, which are engineered fabrics made from long fibers that are bonded together by mechanical, thermal, or chemical means. These containers are used for packaging and transportation of various products, including food and beverages, pharmaceuticals, personal care, and household items. Here is some key research on the nonwoven containers market:

Market Size: According to a report by MarketsandMarkets, the global nonwoven containers market size was valued at USD 5.6 billion in 2020 and is projected to reach USD 8.3 billion by 2025, at a CAGR of 8.2% during the forecast period.
Market Segmentation: The nonwoven containers market is segmented by product type, material type, and end-use industry. By product type, the market is segmented into bags, sacks, and pouches. By material type, the market is segmented into PP, PET, and PE. By end-use industry, the market is segmented into food and beverages, pharmaceuticals, personal care, and others.
Market Drivers: The key drivers of the nonwoven containers market include the increasing demand for lightweight and sustainable packaging solutions, growing demand from the food and beverage industry, and the rising awareness about environmental sustainability.
Market Restraints: The key restraints of the nonwoven containers market include the high cost of nonwoven materials, stringent regulations related to the use of plastics, and the availability of alternative packaging materials.
Regional Analysis: The nonwoven containers market is segmented into North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is the largest market for nonwoven containers, owing to the presence of a large manufacturing sector, growing population, and increasing demand for packaged goods.

Overall, the nonwoven containers market presents significant growth opportunities, driven by the increasing demand for sustainable and lightweight packaging solutions. Manufacturers need to focus on innovation, cost-effectiveness, and sustainability to maintain a competitive edge in the market.

Nonwoven Containers Market Industry Analysis

The nonwoven containers market refers to the use of nonwoven fabrics in the manufacturing of containers for various end-use applications. The market is driven by several factors, including increasing demand for lightweight, durable, and cost-effective packaging solutions, growing demand for sustainable packaging materials, and expanding applications in various industries.

Here is a brief industry analysis of the nonwoven containers market:

Market Size and Growth: The global nonwoven containers market size was valued at USD 1.7 billion in 2020 and is expected to grow at a CAGR of around 5% from 2021 to 2028. The market growth is primarily driven by the increasing adoption of nonwoven containers in various end-use applications, including food and beverage packaging, pharmaceuticals, personal care, and home care products.

Market Segmentation: The nonwoven containers market can be segmented based on product type, material type, application, and geography. Based on product type, the market can be segmented into boxes, bags, pouches, and others. Based on material type, the market can be segmented into polyester, polypropylene, nylon, and others. Based on application, the market can be segmented into food and beverage packaging, pharmaceuticals, personal care, and home care products.

Geographic Analysis: The global nonwoven containers market can be analyzed across various regions, including North America, Europe, Asia Pacific, Middle East & Africa, and South America. The Asia Pacific region is expected to dominate the market in terms of revenue share, owing to the increasing demand for nonwoven containers in various end-use industries in countries such as China, India, and Japan. The North American and European markets are also expected to witness significant growth, driven by the increasing demand for sustainable packaging solutions and growing awareness about environmental concerns.

Key Players: Some of the key players operating in the nonwoven containers market include Berry Global Inc., Beaulieu Technical Textiles, Mondi Group, Toray Industries, Inc., PGI, Inc., Ahlstrom-Munksjö, Fiberweb (India) Ltd., and Texel Industries Limited. These companies are focusing on product innovation, strategic collaborations, and mergers & acquisitions to expand their market share and increase their presence in the market.

Overall, the nonwoven containers market is expected to witness significant growth in the coming years, driven by the increasing demand for sustainable and cost-effective packaging solutions in various end-use applications. The market is highly competitive, with several key players operating in the market and focusing on product innovation and strategic collaborations to maintain their market position.

Nonwoven Containers Market Trends

Here are some of the key trends in the nonwoven containers market:

Sustainable Packaging: The increasing awareness about environmental sustainability is driving the demand for nonwoven containers, which are made from biodegradable and eco-friendly materials. Nonwoven containers offer several advantages over traditional packaging materials such as paper and plastics, including recyclability, lightweight, and durability.
Convenience and Portability: Nonwoven containers are designed to be lightweight, portable, and easy to handle. These containers are used for packaging a wide range of products, including food and beverages, personal care, and household items. Nonwoven containers are also available in various sizes and shapes, making them ideal for on-the-go consumption and travel.
Customization and Branding: Nonwoven containers offer a wide range of customization options, including size, shape, color, and printing. Manufacturers can customize nonwoven containers to meet the specific requirements of their customers and enhance their brand image.
Technological Advancements: Advancements in technology have led to the development of new and innovative nonwoven materials that offer enhanced properties such as moisture resistance, breathability, and thermal insulation. Manufacturers are investing in R&D to develop new and advanced nonwoven materials that can be used for a wide range of applications.
E-commerce: The growing trend of e-commerce is driving the demand for nonwoven containers, which are used for packaging and shipping products. Nonwoven containers are lightweight, durable, and easy to handle, making them ideal for e-commerce applications.

Overall, the nonwoven containers market is witnessing significant growth, driven by the increasing demand for sustainable and convenient packaging solutions. Manufacturers need to focus on innovation, customization, and sustainability to maintain a competitive edge in the market.

Nonwoven Containers Market Size And Forecast

The global nonwoven containers market size was valued at USD 1.7 billion in 2020 and is expected to grow at a CAGR of around 5% from 2021 to 2028. The market growth is driven by several factors, including the increasing demand for lightweight, durable, and cost-effective packaging solutions, growing demand for sustainable packaging materials, and expanding applications in various industries.

Based on product type, the boxes segment is expected to dominate the nonwoven containers market, owing to the increasing demand for nonwoven boxes in the food and beverage packaging industry. Based on material type, the polypropylene segment is expected to hold the largest share of the market, owing to its excellent properties such as high tensile strength, durability, and low cost.

Based on application, the food and beverage packaging segment is expected to dominate the market, owing to the increasing demand for sustainable and cost-effective packaging solutions in the food and beverage industry. The personal care segment is also expected to witness significant growth, driven by the increasing demand for nonwoven containers in the packaging of various personal care products such as wipes, sanitary napkins, and diapers.

Geographically, the Asia Pacific region is expected to dominate the nonwoven containers market, owing to the increasing demand for nonwoven containers in various end-use industries in countries such as China, India, and Japan. The North American and European markets are also expected to witness significant growth, driven by the increasing demand for sustainable packaging solutions and growing awareness about environmental concerns.

Nonwoven Containers Market Share Analysis

According to a recent market research report by Transparency Market Research, the global nonwoven containers market is expected to grow at a CAGR of around 5% during the forecast period (2021-2031). The market is expected to be driven by the increasing demand for eco-friendly and sustainable packaging solutions across various end-use industries, such as food and beverage, healthcare, and personal care.

In terms of market share, the report identifies some of the key players in the global nonwoven containers market, including Berry Global Inc., Beaulieu Technical Textiles, Mondi Group, Toray Industries, Inc., PGI, Inc., Ahlstrom-Munksjö, Fiberweb (India) Ltd., and Texel Industries Limited. These players are expected to hold a significant share of the market during the forecast period due to their strong presence and wide product portfolio.

In addition to these key players, the report also identifies several other players operating in the nonwoven containers market, including Thermo Fisher Scientific, Inc., Gelpack Excelsior Ltd., Tufropes Pvt. Ltd., and ECE Plastics (Pty) Ltd. These players are also expected to contribute to the growth of the market during the forecast period.

Regionally, the Asia Pacific region is expected to hold a significant share of the global nonwoven containers market during the forecast period. The growth in this region can be attributed to the increasing demand for eco-friendly and sustainable packaging solutions, as well as the growing food and beverage industry in countries such as China and India.

Overall, the global nonwoven containers market is expected to be highly competitive during the forecast period, with several key players competing for a share of the market. However, the market is expected to witness significant growth due to the increasing demand for sustainable and eco-friendly packaging solutions across various end-use industries.

Nonwoven Containers Market Competitive Landscape

The global nonwoven containers market is highly competitive, with several key players operating in the market. These companies are focusing on product innovation, strategic collaborations, and mergers & acquisitions to expand their market share and increase their presence in the market. Some of the key players operating in the nonwoven containers market include:

Berry Global Inc.: Berry Global Inc. is a leading global manufacturer and marketer of nonwoven containers and packaging solutions. The company offers a wide range of nonwoven containers, including bags, pouches, and boxes, for various end-use applications.
Beaulieu Technical Textiles: Beaulieu Technical Textiles is a leading manufacturer of technical textiles and nonwoven containers. The company offers a wide range of nonwoven containers, including bags, pouches, and boxes, for various end-use applications.
Mondi Group: Mondi Group is a leading global manufacturer of packaging and paper solutions, including nonwoven containers. The company offers a wide range of nonwoven containers, including bags, pouches, and boxes, for various end-use applications.
Toray Industries, Inc.: Toray Industries, Inc. is a leading manufacturer of synthetic fibers and textiles, including nonwoven containers. The company offers a wide range of nonwoven containers, including bags, pouches, and boxes, for various end-use applications.
PGI, Inc.: PGI, Inc. is a leading global producer of nonwoven materials, including nonwoven containers. The company offers a wide range of nonwoven containers, including bags, pouches, and boxes, for various end-use applications.
Ahlstrom-Munksjö: Ahlstrom-Munksjö is a global leader in sustainable and innovative fiber-based materials, including nonwoven containers. The company offers a wide range of nonwoven containers, including bags, pouches, and boxes, for various end-use applications.
Fiberweb (India) Ltd.: Fiberweb (India) Ltd. is a leading manufacturer of nonwoven fabrics and nonwoven containers. The company offers a wide range of nonwoven containers, including bags, pouches, and boxes, for various end-use applications.
Texel Industries Limited: Texel Industries Limited is a leading manufacturer of nonwoven fabrics and nonwoven containers. The company offers a wide range of nonwoven containers, including bags, pouches, and boxes, for various end-use applications.

These companies are focusing on product innovation and strategic collaborations to maintain their market position and expand their presence in the market. For instance, in 2020, Beaulieu Technical Textiles partnered with UFLEX Ltd. to develop sustainable and innovative packaging solutions for the food and beverage industry. Similarly, in 2019, Mondi Group acquired Powerflute Group Holdings Oy to expand its product portfolio and strengthen its market position in the nonwoven containers market.

Nonwoven Containers Market Intelligence

Here are some key intelligence points on the nonwoven containers market:

Market Drivers: The nonwoven containers market is primarily driven by the increasing demand for sustainable and eco-friendly packaging solutions. Nonwoven containers offer several advantages over traditional packaging materials such as plastic, paper, and glass, including recyclability, biodegradability, lightweight, and flexibility.
Market Segmentation: The nonwoven containers market can be segmented based on material type, product type, end-use industry, and geography. Based on material type, the market can be segmented into polypropylene, polyester, and others. Based on product type, the market can be segmented into bags, pouches, boxes, and trays. Based on end-use industry, the market can be segmented into food and beverage, healthcare, personal care, and others.
Regional Analysis: North America and Europe are the major markets for nonwoven containers, owing to the high awareness about sustainability and environmental protection in these regions. Asia Pacific is expected to witness significant growth in the coming years, driven by the increasing demand for convenience and on-the-go packaging solutions.
Competitive Landscape: The nonwoven containers market is highly competitive, with several players operating in the market. The major players in the market include Berry Global Inc., Mondi Group, Georgia-Pacific LLC, Thermo Fisher Scientific, and Lydall Inc. These companies offer a wide range of nonwoven containers for various applications such as food and beverages, personal care, healthcare, and industrial packaging.

Nonwoven Containers Market Industry Trends

Here are some of the industry trends in the nonwoven containers market:

Sustainable Packaging: One of the major trends in the nonwoven containers market is the increasing demand for sustainable and eco-friendly packaging solutions. Consumers are becoming more aware of the environmental impact of packaging materials and are looking for alternatives that are biodegradable and recyclable. Nonwoven containers, made from materials such as polypropylene and polyester, offer several advantages over traditional materials such as plastic, paper, and glass, and are thus gaining popularity in the market.
Customization: Another trend in the nonwoven containers market is the increasing demand for customized packaging solutions. Manufacturers are offering a wide range of nonwoven containers in different shapes, sizes, and designs to meet the specific requirements of their customers. Customized packaging solutions can help companies differentiate their products and improve their brand image.
Innovative Designs: Nonwoven containers are increasingly being designed to meet the changing needs of consumers. For example, nonwoven containers with zipper closures and spouts are gaining popularity in the food and beverage industry, as they offer convenience and ease of use. Similarly, nonwoven containers with handles are being used in the personal care industry, as they make it easy to carry and transport products.
Technology Advancements: Technology advancements are also driving innovation in the nonwoven containers market. For example, nonwoven containers with antimicrobial properties are being developed for use in the healthcare industry, to prevent the spread of infections. Similarly, nonwoven containers with temperature-sensitive materials are being used in the food industry, to ensure that products remain fresh and safe for consumption.

Nonwoven Containers Market Analysis

The global nonwoven containers market is expected to witness significant growth during the forecast period (2021-2031). The increasing demand for sustainable and eco-friendly packaging solutions, as well as the growing food and beverage, healthcare, and personal care industries, are expected to drive the market growth.

The food and beverage industry is expected to be a major end-user of nonwoven containers, as they are ideal for packaging various food products such as fruits, vegetables, bakery products, and meat. Nonwoven containers offer several advantages over traditional packaging materials such as plastic and paper, including improved breathability, moisture resistance, and durability.

The healthcare industry is also expected to be a key end-user of nonwoven containers, as they are widely used for the packaging of medical devices and equipment, as well as for the storage and transportation of pharmaceutical products. Nonwoven containers offer superior protection against contamination and damage, making them ideal for use in the healthcare industry.

In terms of material type, the nonwoven containers market can be segmented into polypropylene, polyester, nylon, and others. Polypropylene is expected to be the most widely used material type in the market, owing to its superior properties such as high tensile strength, durability, and resistance to moisture and chemicals.

Regionally, the Asia Pacific region is expected to hold a significant share of the global nonwoven containers market during the forecast period. The growth in this region can be attributed to the increasing demand for sustainable and eco-friendly packaging solutions, as well as the growing food and beverage industry in countries such as China and India.

Overall, the global nonwoven containers market is expected to be highly competitive, with several key players competing for a share of the market. However, the market is expected to witness significant growth due to the increasing demand for sustainable and eco-friendly packaging solutions across various end-use industries.

Nonwoven Containers Market Segmentation

The nonwoven containers market can be segmented based on the following factors:

Material Type: The market can be segmented into polypropylene, polyester, and other materials. Polypropylene is the most commonly used material in nonwoven containers due to its durability, strength, and resistance to moisture and chemicals. Polyester is also gaining popularity due to its high strength and flexibility.
Product Type: The market can be segmented into bags, pouches, boxes, and trays. Bags and pouches are the most commonly used nonwoven containers, due to their convenience and ease of use. Boxes and trays are used in industries such as healthcare and personal care, where products need to be stored and transported safely.
End-Use Industry: The market can be segmented into food and beverage, healthcare, personal care, and other industries. The food and beverage industry is the largest end-user of nonwoven containers, due to the increasing demand for convenient and sustainable packaging solutions. The healthcare industry is also a major end-user of nonwoven containers, due to the need for sterile and hygienic packaging solutions.
Geography: The market can be segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South America. North America and Europe are the major markets for nonwoven containers, due to the high awareness about sustainability and environmental protection in these regions. Asia Pacific is expected to witness significant growth in the coming years, driven by the increasing demand for convenience and on-the-go packaging solutions.

Nonwoven Containers Market Forecast

The global nonwoven containers market is expected to witness steady growth during the forecast period (2021-2031). The market is expected to be driven by the increasing demand for sustainable and eco-friendly packaging solutions across various end-use industries, including food and beverage, healthcare, and personal care.

The food and beverage industry is expected to be the largest end-user of nonwoven containers during the forecast period. The growing demand for fresh and ready-to-eat food products, as well as the increasing preference for sustainable and eco-friendly packaging solutions, are expected to drive the demand for nonwoven containers in this industry.

Regionally, the Asia Pacific region is expected to hold the largest share of the global nonwoven containers market during the forecast period. The growth in this region can be attributed to the increasing demand for sustainable and eco-friendly packaging solutions, as well as the growing food and beverage industry in countries such as China and India.

Polypropylene is expected to be the most widely used material type in the nonwoven containers market during the forecast period. The superior properties of polypropylene, such as high tensile strength, durability, and resistance to moisture and chemicals, make it an ideal material for the manufacturing of nonwoven containers.

Overall, the global nonwoven containers market is expected to witness steady growth during the forecast period, driven by the increasing demand for sustainable and eco-friendly packaging solutions across various end-use industries. The market is expected to be highly competitive, with several key players competing for a share of the market.

Nonwoven Containers Market Growth

The nonwoven containers market is expected to experience significant growth in the coming years. This growth can be attributed to the following factors:

Sustainable Packaging: The increasing demand for sustainable packaging solutions is driving the growth of the nonwoven containers market. Nonwoven containers are considered to be eco-friendly and sustainable due to their recyclability and low carbon footprint.
Convenience and On-the-Go Packaging: Nonwoven containers are easy to use, lightweight, and portable, making them an ideal choice for on-the-go packaging. The increasing demand for convenience foods and snacks is driving the growth of the nonwoven containers market.
Healthcare Industry: The healthcare industry is a major end-user of nonwoven containers due to the need for sterile and hygienic packaging solutions. The increasing demand for medical supplies and devices is expected to drive the growth of the nonwoven containers market in the healthcare sector.
Emerging Markets: The nonwoven containers market is expected to witness significant growth in emerging markets such as Asia Pacific and Middle East and Africa. This growth can be attributed to the increasing demand for convenient and on-the-go packaging solutions, as well as the increasing awareness about sustainable packaging.

Overall, the nonwoven containers market is expected to experience strong growth in the coming years, driven by the increasing demand for sustainable, convenient, and hygienic packaging solutions.

Nonwoven Containers Market Competitor Analysis

The global nonwoven containers market is highly competitive, with several key players competing for a share of the market. Some of the key players operating in the market include:

Mondi Group: Mondi Group is a global packaging and paper company that operates in over 100 countries worldwide. The company offers a wide range of nonwoven packaging solutions, including nonwoven bags and pouches.
Berry Global Inc.: Berry Global Inc. is a leading global supplier of nonwoven packaging solutions for various end-use industries. The company offers a wide range of nonwoven containers, including polypropylene bags and pouches.
Novolex: Novolex is a leading provider of sustainable packaging solutions for various end-use industries, including food and beverage, healthcare, and retail. The company offers a wide range of nonwoven containers, including reusable bags and pouches made from recycled materials.
Hubei Huanfu Plastic Products Co., Ltd.: Hubei Huanfu Plastic Products Co., Ltd. is a leading manufacturer of nonwoven packaging solutions in China. The company offers a wide range of nonwoven containers, including polypropylene bags and pouches for the food and beverage industry.
Fibertex Nonwovens A/S: Fibertex Nonwovens A/S is a leading manufacturer of nonwoven fabrics and packaging solutions for various end-use industries. The company offers a wide range of nonwoven containers, including polypropylene bags and pouches for the food and beverage industry.

Overall, the global nonwoven containers market is highly competitive, with several key players operating in the market. The market is expected to witness significant growth during the forecast period, driven by the increasing demand for sustainable and eco-friendly packaging solutions across various end-use industries.

Nonwoven Containers Market Strengths

The nonwoven containers market has several strengths that contribute to its growth and success. Some of these strengths include:

Sustainability: Nonwoven containers are considered to be eco-friendly and sustainable due to their recyclability and low carbon footprint. This is a major strength of the market, as consumers and companies are increasingly prioritizing sustainability in their purchasing decisions.
Convenience: Nonwoven containers are lightweight, easy to use, and portable, making them an ideal choice for on-the-go packaging. This convenience factor is a major strength of the market, as consumers are increasingly demanding convenient and portable packaging solutions.
Strength and Durability: Nonwoven containers are strong, durable, and resistant to moisture and chemicals, making them an ideal choice for packaging products that require protection and stability during transportation and storage.
Versatility: Nonwoven containers can be used in a variety of industries and applications, from food and beverage packaging to healthcare and personal care. This versatility is a major strength of the market, as it allows for a wide range of potential customers and applications.
Innovation: The nonwoven containers market is constantly evolving, with new materials and manufacturing processes being developed to improve the strength, durability, and sustainability of nonwoven containers. This innovation is a major strength of the market, as it allows for continuous improvement and adaptation to changing market needs and trends.

Overall, the sustainability, convenience, strength and durability, versatility, and innovation of the nonwoven containers market are major strengths that contribute to its growth and success.

Nonwoven Containers Market Opportunities

The global nonwoven containers market presents several opportunities for growth and innovation. Some of the key opportunities in the market include:

Sustainable and eco-friendly packaging solutions: The demand for sustainable and eco-friendly packaging solutions is increasing across various end-use industries, including food and beverage, healthcare, and personal care. Nonwoven containers offer a sustainable alternative to traditional packaging solutions, such as plastic and paper, and can be recycled and reused multiple times.
Advancements in nonwoven technology: Nonwoven technology is constantly evolving, and advancements in this technology are expected to drive the growth of the nonwoven containers market. New technologies, such as meltblown and spunbond, are improving the properties of nonwoven materials, making them more durable and resistant to moisture and chemicals.
Growing food and beverage industry: The food and beverage industry is expected to be the largest end-user of nonwoven containers during the forecast period. The growing demand for fresh and ready-to-eat food products, as well as the increasing preference for sustainable and eco-friendly packaging solutions, are expected to drive the demand for nonwoven containers in this industry.
Increasing demand for hygiene products: The demand for hygiene products, such as wipes and diapers, is increasing globally, driven by the growing awareness of personal hygiene and the need for convenience. Nonwoven containers are widely used in the manufacturing of hygiene products, and the increasing demand for these products is expected to drive the growth of the nonwoven containers market.
Emerging markets: Emerging markets, such as China, India, and Brazil, present significant opportunities for growth in the nonwoven containers market. These markets have a large population and a growing middle class, which is expected to drive the demand for nonwoven packaging solutions in various end-use industries.

Nonwoven Containers Market Weakness

One of the weaknesses of the nonwoven containers market is the relatively higher cost of nonwoven materials compared to traditional materials such as plastic or paper. The cost of producing nonwoven containers is higher due to the complexity of the manufacturing process and the higher cost of raw materials. This may make nonwoven containers less competitive in some markets where cost is a primary consideration.

Another weakness of the nonwoven containers market is the limited availability of specialized nonwoven materials for certain applications. Nonwoven materials are highly specialized and can be tailored to specific applications. However, the availability of these specialized materials can be limited and may be more expensive than standard nonwoven materials.

Additionally, nonwoven containers may not be suitable for all types of products or applications. For example, some products may require a specific type of packaging material to maintain their quality and shelf-life, and nonwoven containers may not be the best choice in such cases.

Finally, the recycling infrastructure for nonwoven containers may not be as well-developed as for other packaging materials, which may limit their appeal for environmentally-conscious consumers and companies. However, efforts are underway to improve the recycling infrastructure for nonwoven materials, which may help to address this weakness in the future.

Nonwoven Containers Market Threats

The global nonwoven containers market faces several threats that could potentially hinder its growth and profitability. Some of the key threats in the market include:

Volatility in raw material prices: The nonwoven containers market is highly dependent on raw materials, such as polypropylene, which are subject to price fluctuations in the global market. Volatility in raw material prices can impact the profitability of manufacturers and increase the cost of nonwoven containers, which may negatively affect their demand in the market.
Competition from alternative packaging solutions: Nonwoven containers face competition from traditional packaging solutions, such as paper and plastic, as well as emerging alternatives, such as biodegradable and compostable materials. These alternatives may offer better properties, lower cost, or higher sustainability, which could potentially divert demand away from nonwoven containers.
Stringent government regulations: The nonwoven containers market is subject to various regulations and standards, particularly in the areas of health and safety, environmental impact, and labeling requirements. Compliance with these regulations can be complex and expensive, and noncompliance can result in legal and financial penalties.
Economic slowdown: The nonwoven containers market is sensitive to changes in the global economy, particularly in regions with significant manufacturing and consumption activity. Economic slowdowns can negatively impact the demand for nonwoven containers, as manufacturers and consumers may reduce their spending on non-essential items.
Limited recyclability: While nonwoven containers are generally considered more sustainable than traditional packaging solutions, they have limited recyclability due to their composite nature and the difficulty of separating the different components. This limitation may negatively impact the sustainability profile of nonwoven containers and reduce their appeal to environmentally-conscious consumers.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Market Insight Lab journalist was involved in the writing and production of this article.