Green Packaging Market, Global Outlook and Forecast 2023-2032
The global Green Packaging market was valued at US$ 138460 million in 2022 and is projected to reach US$ 189600 million by 2029, at a CAGR of 4.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Green Packaging market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Green Packaging market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Green Packaging market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Packaging is an important characteristic that helps in attracting customers. Brands and products try to incorporate the brand image, value proposition, and information about the product in the packaging of the product. Green packaging is one of the packaging techniques which is eco-friendly. It is highly in demand as it uses recyclable materials for the packaging process. Due to the use of organic materials, green packaging does not emit greenhouse gases like carbon dioxide and methane or ozone depleting volatile substances. They help reduce environmental impact and therefore have great potential to be used in the food and beverage industry on a larger scale.
This report aims to provide a comprehensive presentation of the global market for Green Packaging, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Green Packaging. This report contains market size and forecasts of Green Packaging in global, including the following market information:
- Global Green Packaging Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global top five companies in 2022 (%)
Key industry trends include downsizing or light weighting, increasing recycling and waste recovery, growing use of renewably sourced materials, rising use of recycled content, and improvements in packaging and logistical efficiency. Favorable regulatory inclinations in Europe are anticipated to boost the bioplastics packaging market in the near future. For instance, implementation of Horizon 2020 strategy by European Commission has resulted in increasing development of new bio-based products. However, fluctuating raw material prices may hinder industry growth over the forecast period. High cost of production also threaten to limit industry participation, especially smaller and newer players.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Green Packaging companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Green Packaging Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Green Packaging Market Segment Percentages, by Type, 2022 (%)
- Recycled Content Packaging
- Reusable Packaging
- Degradable Packaging
Global Green Packaging Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Green Packaging Market Segment Percentages, by Application, 2022 (%)
- Food and Beverage
- Personal Care
- Health Care
- Others
Global Green Packaging Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Green Packaging Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Green Packaging revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Green Packaging revenues share in global market, 2022 (%)
key players include:
- Amcor Limited
- Mondi Limited
- Sealed Air Corporation
- TetraPak International
- Ardagh Group
- PlastiPak Holdings
- Amcor
- Uflex limited
- ELOPAK
Outline of Major Chapters:
Chapter 1: Introduces the definition of Green Packaging, market overview.
Chapter 2: Global Green Packaging market size in revenue.
Chapter 3: Detailed analysis of Green Packaging company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Green Packaging in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
