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MarketResearch.biz delivers in-depth insights on the global green packaging market in its upcoming report titled, “Global Green Packaging Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global green packaging market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global green packaging market report has been segmented on the basis of application and region.
Green packaging involves use of materials and manufacturing methods for packaging of products or goods that has low impact on environment. Green packaging is manufactured in environment-friendly materials namely biodegradable plastics, solid bleach sulfate, recycled papers, plant based plastics, and recycled products. Green packaging provides a platform for healthy, ecofriendly, and judicious methodology for packaging.
Rising awareness among consumers regarding environmental safety and benefits related to green packaging is estimated to drive the market growth over the forecast period. Moreover, initiatives taken by various regulatory bodies that supports the use of ecofriendly packaging is anticipated to propel the market growth.
On the basis of application, food & beverages is expected to be largest segment in global green packaging market. Rising environment concerns regarding use of non-degradable materials for packaging is anticipated to propel the market growth over the forecast period. Growing popularity of edible packaging materials made from natural ingredients is expected to drive the market growth over the forecast period.
On the basis of packaging type, reusable packaging is estimated to account major revenue share in the global green packaging market and is expected to maintain its dominance over the forecast period. Reusable packaging is made of durable material and is designed for reuse. Reusable packaging is majorly used for transporting chemicals, pharmaceuticals, and bulk foods. Plastic boxes, containers, drums, and wooden pallets are some of the types of reusable packaging used for various applications.
Asia Pacific green packaging market is projected to register fastest growth rate in terms of revenue over the forecast period, owing to presence of large customer base along with growing adoption of eco-friendly packaging solutions in various countries in this region. In addition, rising demand for reusable and recyclable packaging material in developing economies of region namely China and India is expected to boost the market growth over the forecast period. Growing focus of government towards the adoption of environment-friendly packaging material is expected to propel demand over the forecast period.
Market segmentation and key players operating in the global green packaging market:
- Food & beverages
- Personal care
- Others (Waste bags and Chemicals)
By packaging type:
- Recycled content packaging
- Reusable packaging
- Degradable packaging
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- I. du Pont de Nemours and Company
- PlastiPak Holdings, Inc.
- DS Smith plc
- Mondi Limited
- Bemis Company Inc.
- Tetra Laval International SA
- Ardagh Group Co.
- Sonoco Products Company
- Graham Packaging Company Incorporation
- Sealed Air Corporation
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