Green Packaging Market
Global Green Packaging Market Size, Share & Trends Analysis Report by Packaging Type (Recycled Content Packaging (Plastic, Paper, Glass, Metal), Reusable Packaging (Containers & Drums, Intermediate Bulk Containers, and Other Reusable Packing Products), and Degradable Packaging), and by Application (Food, Beverage, Pharmaceutical, Personal Care, and Other Applications) Forecast, 2021-2027 Update Available - Forecast 2024-2030
The sustainable packaging of the products that have the least impact on the environment during its manufacturing and disposal is green packaging. The global green packaging market is projected to grow at a CAGR of 5.3% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the government laws that aim the development of sustainable and green packaging options. Rising environmental concerns among the people along with the rising awareness of the people to use environmental-friendly and economical packaging products; are also among the major factors that contribute to the substantial growth of the market during the forecast period. Further, stringent laws that have been passed by various administrative bodies to combat the harm caused by waste disposal on the environment have led to an upward trend in the green packaging industry; which positively influences the growth of the green packaging market during the forecast period.
Segmental Outlook
The global green packaging market is segmented on the basis of packaging type and application. Based on the packaging type, the market is segmented as recycled content packaging, reusable packaging, and degradable packaging. The recycled content packaging further includes plastic, paper, glass, and metal, whereas, the reusable packaging includes containers & drums, intermediate bulk containers, and other reusable packing products. Based on the application, the market is segmented as food, beverage, pharmaceutical, personal care, and other applications.
Plastic-based Green Packaging to Hold a Significant Market Share
Amongst the packaging type segment of global green packaging, the recycled content packaging segment is projected to hold the most substantial share in the market. The recycled content packaging further includes plastic, paper, glass, and metal. Among these, the plastic segment of the global green packaging market is projected to hold the most lucrative share in the market. The segmental growth of the market is accredited to the wide acceptance of plastic-based packaging products for various applications across the globe. Plastic-based packaging products are also very cost-efficient, which has made them one of the most preferred choices of material among people, especially in emerging economies where the cost of the product is an important aspect. Hence, this is likely to drive the segmental growth of the market during the forecast period.
Global Green Packaging Market, by Packaging Type 2020 (%)
Regional Outlook
The global green packaging market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is projected to hold a significant market share. China, India, Japan, and the Rest of the Asia-Pacific are the major economies primarily contributing to the growth of the Green Packaging market in the region. The regional growth of the market is accredited to the rising awareness amongst the people regarding the use of various green packaging products owing to the rising environmental concerns across the region. Also, the key companies are expanding their businesses to the untapped regions in emerging economies such as India and China, which further supports the growth of the market.
Besides, the support of the government by promoting green packaging by initiatives such as ‘Plastics Ban’ is also driving the market growth in the region. Further, the North American region is also estimated to witness a significant value for the market, attributing to the footprints of the prominent market players along with the availability of advanced technologies across the region.
Global Green Packaging Market, by Region 2020 (%)
Market Players Outlook
The prominent players functioning in the global Green Packaging market include Amcor Ltd., Ball Corp., BASF SE, Berry Global Inc., DS Smith Plc, Mondi Group Plc, Nampak Ltd., and Sonoco Products Co. among others. These key manufacturers are adopting various strategies such as new product launches and approvals, mergers and acquisitions, partnerships and collaborations, and many others in order to thrive in a competitive environment.
For instance, in April 2020, Ball Corp. announced the five aluminum packaging plants with the most significant operational and social sustainability improvements. It also includes progress across the areas with the most significant sustainability impact across operations and the promotion of aluminum packaging sustainability credentials and engagement in their local communities. Hence, this is likely to contribute to the growth of the company, serve a large consumer pool as well as support the market growth during the forecast period.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Green Packaging market. Based on the availability of data, information related to pipeline products, 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
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
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. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Green Packaging Market by Packaging Type
5.1.1. Recycled Content Packaging
5.1.1.1. Plastic
5.1.1.2. Paper
5.1.1.3. Glass
5.1.1.4. Metal
5.1.2. Reusable Packaging
5.1.2.1. Containers & Drums
5.1.2.2. Intermediate Bulk Containers
5.1.2.3. Other Reusable Packing Products
5.1.3. Degradable Packaging
5.2. Global Green Packaging Market by Application
5.2.1. Food
5.2.2. Beverage
5.2.3. Pharmaceutical
5.2.4. Personal Care
5.2.5. Other Applications
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. ASEAN
6.3.5. South Korea
6.3.6. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Amcor Ltd.
7.2. Ardagh Group SA
7.3. Ball Corp.
7.4. BASF SE
7.5. Berry Global Inc.
7.6. Clorox Co.
7.7. Crown Holdings Inc.
7.8. DS Smith Plc
7.9. Elopak AS
7.10. Emerald Packaging
7.11. Mondi Group Plc
7.12. Nampak Ltd.
7.13. PlastiPak Holdings Inc.
7.14. Sealed Air Corp.
7.15. SGF Packaging Co. Ltd.
7.16. Sonoco Products Co.
7.17. Tetra Pak International SA
7.18. Uflex Ltd.
7.19. WestRock Co.
1. GLOBAL GREEN PACKAGING MARKET RESEARCH AND ANALYSIS BY PACKAGING TYPE, 2020-2027 ($ MILLION)
2. GLOBAL RECYCLED CONTENT PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL RECYCLED PLASTIC PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL RECYCLED PAPER PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL RECYCLED GLASS PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL RECYCLED METAL PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL REUSABLE PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL CONTAINERS & DRUMS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL INTERMEDIATE BULK CONTAINERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL OTHER REUSABLE PACKING PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL DEGRADABLE PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL GREEN PACKAGING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
13. GLOBAL FOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL BEVERAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
15. GLOBAL PHARMACEUTICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
16. GLOBAL PERSONAL CARE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
17. GLOBAL OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
18. GLOBAL GREEN PACKAGING MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
19. NORTH AMERICAN GREEN PACKAGING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
20. NORTH AMERICAN GREEN PACKAGING MARKET RESEARCH AND ANALYSIS BY PACKAGING TYPE, 2020-2027 ($ MILLION)
21. NORTH AMERICAN GREEN PACKAGING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
22. EUROPEAN GREEN PACKAGING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
23. EUROPEAN GREEN PACKAGING MARKET RESEARCH AND ANALYSIS BY PACKAGING TYPE, 2020-2027 ($ MILLION)
24. EUROPEAN GREEN PACKAGING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
25. ASIA-PACIFIC GREEN PACKAGING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
26. ASIA-PACIFIC GREEN PACKAGING MARKET RESEARCH AND ANALYSIS BY PACKAGING TYPE, 2020-2027 ($ MILLION)
27. ASIA-PACIFIC GREEN PACKAGING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
28. REST OF THE WORLD GREEN PACKAGING MARKET RESEARCH AND ANALYSIS BY PACKAGING TYPE, 2020-2027 ($ MILLION)
29. REST OF THE WORLD GREEN PACKAGING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
1. GLOBAL GREEN PACKAGING MARKET SHARE BY PACKAGING TYPE, 2020 VS 2027 (%)
2. GLOBAL GREEN PACKAGING MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
3. GLOBAL GREEN PACKAGING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
4. US GREEN PACKAGING MARKET SIZE, 2020-2027 ($ MILLION)
5. CANADA GREEN PACKAGING MARKET SIZE, 2020-2027 ($ MILLION)
6. UK GREEN PACKAGING MARKET SIZE, 2020-2027 ($ MILLION)
7. FRANCE GREEN PACKAGING MARKET SIZE, 2020-2027 ($ MILLION)
8. GERMANY GREEN PACKAGING MARKET SIZE, 2020-2027 ($ MILLION)
9. ITALY GREEN PACKAGING MARKET SIZE, 2020-2027 ($ MILLION)
10. SPAIN GREEN PACKAGING MARKET SIZE, 2020-2027 ($ MILLION)
11. ROE GREEN PACKAGING MARKET SIZE, 2020-2027 ($ MILLION)
12. INDIA GREEN PACKAGING MARKET SIZE, 2020-2027 ($ MILLION)
13. CHINA GREEN PACKAGING MARKET SIZE, 2020-2027 ($ MILLION)
14. JAPAN GREEN PACKAGING MARKET SIZE, 2020-2027 ($ MILLION)
15. ASEAN GREEN PACKAGING MARKET SIZE, 2020-2027 ($ MILLION)
16. SOUTH KOREA GREEN PACKAGING MARKET SIZE, 2020-2027 ($ MILLION)
17. REST OF ASIA-PACIFIC GREEN PACKAGING MARKET SIZE, 2020-2027 ($ MILLION)
18. REST OF THE WORLD GREEN PACKAGING MARKET SIZE, 2020-2027 ($ MILLION)
