Global Green Packaging Market Size, Trends and Growth Opportunity, By Packaging Type (Degradable Packaging, Reusable Packaging and Recycled Content Packaging), By Application (Healthcare, Personal Care, and Food & Beverages, By Region and Forecast Till 2027.
Report ID : IR1001170 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 250
Global Green Packaging Market Size, Trends and Growth Opportunity, By Packaging Type (Degradable Packaging, Reusable Packaging and Recycled Content Packaging), By Application (Healthcare, Personal Care, and Food & Beverages, By Region and Forecast Till 2027.
Global Green Packaging Market
Market Overview
Global Green Packaging Market was valued at USD 226 billion 2021 which is expected to reach USD 393.2 billion by 2027 at a CAGR 9.67%.
Sustainable packaging is also known as "green packaging," and it refers to the use of production processes and packaging materials that have no negative impact on the environment and energy use. Green packaging, often known as sustainable or energy-efficient packaging, uses recyclable and biodegradable materials.
Market Drivers
The increasing awareness and concern about environmental issues, such as climate change and plastic waste, have led to the adoption of sustainable packaging solutions. Consumers are more likely to choose products that use environmentally friendly packaging, which has led to increased demand for green packaging solutions. Green packaging solutions can often be more cost-effective in the long term than traditional packaging materials. For example, some packaging materials, such as bioplastics, can be made from renewable resources and may have a lower environmental impact than traditional plastics.
Market Restraints
Green packaging options can be more expensive in the near term even though they may be more cost-effective in the long run. For businesses attempting to move to sustainable packaging options, this can be a major roadblock. Certain eco-friendly packaging materials could have limits in terms of their durability, shelf life, or barrier qualities. This may limit their uptake by reducing their suitability for some applications.
Market Segmentation
The global green packaging market is segmented into packaging type such as degradable packaging, reusable packaging (plastic containers, drums, and others), and recycled content packaging (plastic, metal, glass, paper, and others). Further, global green packaging market is segmented into application such as healthcare, personal care, and food & beverages.
Regional Analysis
The global green packaging market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is a significant market for green packaging due to the increasing adoption of sustainable packaging solutions by consumers and businesses. The United States is the largest market in the region, driven by the growing awareness of environmental issues and the increasing demand for eco-friendly products.
Market Key Players
Various key players are discussed in this report including Huhtamaki OYJ, Graham Packaging Company Incorporation, Cargill Incorporation, Sonoco Products Company, Mondi Plc, Tetra Laval International SA, Sealed Air Corporation, Bemis Company Inc, and Amcor Limited.
Market Taxonomy
By Packaging Type
• Degradable Packaging
• Reusable Packaging
§ Plastic Containers
§ Drums
§ Others
• Recycled Content Packaging
§ Plastic
§ Metal
§ Glass
§ Paper
§ Others
By Application
• Healthcare
• Personal Care
• Food & Beverages
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Green Packaging Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Green Packaging Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Green Packaging Market, By Packaging Type
5.1 Y-o-Y Growth Comparison, By Packaging Type
5.2 Global Green Packaging Market Share Analysis, By Packaging Type
5.3 Global Green Packaging Market Size and Forecast, By Packaging Type
5.3.1 Degradable packaging
5.3.2 Reusable Packaging
5.3.2.1 Platic Containers
5.3.2.2 Drum
5.3.2.3 Others
5.3.3 Recycled Content Packaging
5.3.3.1 Plastic
5.3.3.2 Metal
5.3.3.3 Glass
5.3.3.4 Paper
5.3.3.5 Others
6 Global Green Packaging Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Green Packaging Market Share Analysis, By Application
6.3 Global Green Packaging Market Size and Forecast, By Application
6.3.1 Healthcare
6.3.2 Personal Care
6.3.3 Food & Beverages
7 Global Green Packaging Market, By Region
7.1 Global Green Packaging Market Share Analysis, By Region
7.2 Global Green Packaging Market Size and Forecast, By Region
8 North America Green Packaging Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Green Packaging Market Share Analysis, By Packaging Type
8.3 North America Green Packaging Market Size and Forecast, By Application
8.4 North America Green Packaging Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Green Packaging Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Green Packaging Market Share Analysis, By Packaging Type
9.3 Europe Green Packaging Market Size and Forecast, By Application
9.4 Europe Green Packaging Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Green Packaging Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Green Packaging Market Share Analysis, By Packaging Type
10.3 Asia Pacific Green Packaging Market Size and Forecast, By Application
10.4 Asia Pacific Green Packaging Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Green Packaging Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Green Packaging Market Share Analysis, By Packaging Type
11.3 Latin America Green Packaging Market Size and Forecast, By Application
11.4 Latin America Green Packaging Market Size and Forecast, By Country
12 Middle East Green Packaging Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Green Packaging Market Share Analysis, By Packaging Type
12.3 Middle East Green Packaging Market Size and Forecast, By Application
12.4 Middle East Green Packaging Market Size and Forecast, By Country
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
15.1 Huhtamaki OYJ
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Graham Packaging Company Incorporation
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Cargill Incorporation
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Sonoco Products Company
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Mondi Plc
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Tetra Laval International SA
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 SEALED AIR CORPORATION
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Bemis Company Inc
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Amcor Limited
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies