Eco-Friendly Food Packaging Market
Eco-Friendly Food Packaging Market Size, Share & Trends Analysis Report by Material Type (Paper & Paperboard, Plastic, Metal, and Glass), by Packaging Type (Recycled Content Packaging, Degradable Packaging, and Reusable Packaging), and by Application (Beverages, Bakery and Confectionery, Dairy Products, Meat Products, Fruits and Vegetables, and Convenience Food) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Eco-friendly food packaging market is anticipated to grow at a significant CAGR of 7.5 % during the forecast period. The rising government initiatives for eco-friendly packaging across the globe due to rising health and environmental concerns are expected to propel the eco-friendly food packaging market growth during the forecast period. For instance, the Food Safety and Standards Authority of India (FSSAI) has taken an initiative towards reducing of plastic footprint in the F&B industry and pushed food businesses to eliminate single-use plastic in coming years and to develop environmental friendly substitutes and also an efficient plastic collection and recycling/disposal system in the F&B sector.
Moreover, FSSAI has taken a lead in addressing these concerns by promoting innovative and alternative food packaging materials and also by continuously working on the risk assessment and safety of packaging materials. FSSAI has also organized many awareness programs towards plastic waste management and reduction of plastic footprint in the F&B industry.
Segmental Outlook
The global eco-friendly food packaging market is segmented based on the material type, packaging type, and application. Based on the material type, the market is sub-segmented into paper & paperboard, plastic, metal, and glass. Based on the packaging type, the market is further sub-segmented into recycled content packaging, degradable packaging, and reusable packaging. Based on the application, the market is augmented into beverages, bakery & confectionery, dairy products, meat products, fruits & vegetables, and convenience food. Among the application segment, the meat products and fruits & vegetables segments are expected to be the fastest-growing segment to keep the products fresh. The increasing awareness of hygiene among consumers is aiding market growth.
The Paper & Paperboard Segment is Expected to Contribute to the Market Growth
Among the material type, the paper & paperboard segment is expected to contribute to the market growth during the forecast period due to its degradability and recyclable properties. The rising environmental and health concerns, manufacturers are pushed to deliver the end-products in paper or paperboard packaging. The companies are launching paper-based packaging solutions which will further drive the market growth. For instance, in February 2022, Amcor, a global leader in developing and producing responsible packaging solutions, launched a new platform for paper-based packaging products, AmFiber. The AmFiber innovations aim to redefine the capabilities of traditional paper packaging, providing a wider range of features and functional benefits to meet the changing needs of consumers.
Regional Outlooks
The global eco-friendly food 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. The Asia-Pacific region is expected to be the fastest-growing region during the forecast period, the increasing demand for convenience food among consumers due to busy lifestyles will aid the market growth.
Global Eco-Friendly Food Packaging Market Growth, by Region 2022-2028
The North American Region is Expected to Hold a Significant Share in the Global Eco-Friendly Food Packaging Market
The North American region is expected to hold a significant market share during the forecast period. The rising initiatives such as the ban on plastic are driving the growth of the eco-friendly food packaging market. For instance, in 2020, New York City made headlines across the US as the cultural capital of the world moved to ban plastic bags. Moreover, in 2021, Maine became the first US state to introduce a revolutionary law to put the responsibility of packaging waste on companies. The Extended Producer Responsibility (EPR) program will shift cardboard, plastic containers, and non-recyclable packaging recycling and disposal costs to the manufacturers.
Market Players Outlook
The major companies serving the global eco-friendly food packaging market include Amcor Plc, Ball Corp., BASF SE, Berry Global Inc., Crown Holdings Inc., Elopak AS, GWP Group Ltd., Huhtamäki Oyj, Mondi Plc, Pactiv Evergreen Inc., Paper foam BV, Printpack Inc., Sealed Air Corp., 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 April 2022, Packaging and paper maker Mondi launched two new recyclable packaging products, PerFORMing Monoloop and Mono Formable PP, for the food industry. PerFORMing Monoloop is a paper-based tray, while Mono Formable PP is a semi-rigid plastic tray. The company developed two new solutions to safeguard fresh food contents at every stage of the production and distribution process, which ensures lasts longer through intelligent design and the ability to use MAP (modified atmosphere packaging) to enhance shelf-life. Moreover, according to the company, the packaging prevents exposure to factors such as moisture, fumes, and grease and improves convenience and portion management while decreasing food waste.
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 eco-friendly food 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
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
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. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Eco-Friendly Food Packaging Market by Material
4.1.1. Paper & Paperboard
4.1.2. Plastic
4.1.3. Metal
4.1.4. Glass
4.2. Global Eco-Friendly Food Packaging Market by Packaging Type
4.2.1. Recycled Content Packaging
4.2.2. Degradable Packaging
4.2.3. Reusable Packaging
4.3. Global Eco-Friendly Food Packaging Market by Application
4.3.1. Beverages
4.3.2. Bakery And Confectionery
4.3.3. Dairy Products
4.3.4. Meat Products
4.3.5. Fruits And Vegetables
4.3.6. Convenience Food
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. Amcor Plc
6.2. Ball Corp.
6.3. BASF SE
6.4. Berry Global Inc.
6.5. Crown Holdings Inc.
6.6. Elopak AS
6.7. GWP Group Ltd.
6.8. Huhtamäki Oyj
6.9. Mondi Plc
6.10. Pactiv Evergreen Inc.
6.11. Paper foam BV
6.12. Printpack Inc.
6.13. Sealed Air Corp.
6.14. Smurfit Kappa Group Plc
6.15. Sonoco Products Co.
6.16. Sustainable Packaging Industries
6.17. Swedbrand Group
6.18. Tetra Pak Group
6.19. The WestRock Group
6.20. Winpak Ltd.
1. GLOBAL ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
2. GLOBAL PAPER & PAPERBOARD ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL PLASTIC ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL METAL ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL GLASS ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY PACKAGING TYPE, 2021-2028 ($ MILLION)
7. GLOBAL RECYCLED CONTENT PACKAGING ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL DEGRADABLE PACKAGING ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL REUSABLE PACKAGING ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
11. GLOBAL ECO-FRIENDLY FOOD PACKAGING FOR BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL ECO-FRIENDLY FOOD PACKAGING FOR BAKERY & CONFECTIONERY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL ECO-FRIENDLY FOOD PACKAGING FOR DAIRY PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL ECO-FRIENDLY FOOD PACKAGING FOR MEAT PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL ECO-FRIENDLY FOOD PACKAGING FOR FRUITS AND VEGETABLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL ECO-FRIENDLY FOOD PACKAGING FOR CONVENIENCE FOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. NORTH AMERICAN ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. NORTH AMERICAN ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
20. NORTH AMERICAN ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY PACKAGING TYPE, 2021-2028 ($ MILLION)
21. NORTH AMERICAN ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
22. EUROPEAN ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. EUROPEAN ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
24. EUROPEAN ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY PACKAGING TYPE, 2021-2028 ($ MILLION)
25. EUROPEAN ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY PACKAGING TYPE, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
30. REST OF THE WORLD ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
31. REST OF THE WORLD ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
32. REST OF THE WORLD ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY PACKAGING TYPE, 2021-2028 ($ MILLION)
33. REST OF THE WORLD ECO-FRIENDLY FOOD PACKAGING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. GLOBAL ECO-FRIENDLY FOOD PACKAGING MARKET SHARE BY MATERIAL, 2021 VS 2028 (%)
2. GLOBAL PAPER & PAPERBOARD ECO-FRIENDLY FOOD PACKAGING MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL PLASTIC ECO-FRIENDLY FOOD PACKAGING MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL METAL ECO-FRIENDLY FOOD PACKAGING MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL GLASS ECO-FRIENDLY FOOD PACKAGING MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL ECO-FRIENDLY FOOD PACKAGING MARKET SHARE BY PACKAGING TYPE, 2021 VS 2028 (%)
7. GLOBAL RECYCLED CONTENT PACKAGING ECO-FRIENDLY FOOD PACKAGING MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL DEGRADABLE PACKAGING ECO-FRIENDLY FOOD PACKAGING MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL REUSABLE PACKAGING ECO-FRIENDLY FOOD PACKAGING MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL ECO-FRIENDLY FOOD PACKAGING MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
11. GLOBAL ECO-FRIENDLY FOOD PACKAGING FOR BEVERAGES MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL ECO-FRIENDLY FOOD PACKAGING FOR BAKERY & CONFECTIONERY MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL ECO-FRIENDLY FOOD PACKAGING FOR DAIRY PRODUCTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL ECO-FRIENDLY FOOD PACKAGING FOR MEAT PRODUCTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. GLOBAL ECO-FRIENDLY FOOD PACKAGING FOR FRUIT & VEGETABLES MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL ECO-FRIENDLY FOOD PACKAGING FOR CONVENIENCE FOOD MARKET SHARE BY REGION, 2021 VS 2028 (%)
17. GLOBAL ECO-FRIENDLY FOOD PACKAGING MARKET SHARE BY REGION, 2021 VS 2028 (%)
18. US ECO-FRIENDLY FOOD PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
19. CANADA ECO-FRIENDLY FOOD PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
20. UK ECO-FRIENDLY FOOD PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
21. FRANCE ECO-FRIENDLY FOOD PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
22. GERMANY ECO-FRIENDLY FOOD PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
23. ITALY ECO-FRIENDLY FOOD PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
24. SPAIN ECO-FRIENDLY FOOD PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF EUROPE ECO-FRIENDLY FOOD PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
26. INDIA ECO-FRIENDLY FOOD PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
27. CHINA ECO-FRIENDLY FOOD PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
28. JAPAN ECO-FRIENDLY FOOD PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
29. SOUTH KOREA ECO-FRIENDLY FOOD PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF ASIA-PACIFIC ECO-FRIENDLY FOOD PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
31. REST OF THE WORLD ECO-FRIENDLY FOOD PACKAGING MARKET SIZE, 2021-2028 ($ MILLION)
