The global market for Sustainable (Green) Packaging is estimated at US$314.3 Billion in 2023 and is projected to reach US$444.8 Billion by 2030, growing at a CAGR of 5.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the sustainable packaging market is driven by several factors. Increasing consumer awareness and demand for eco-friendly products are primary drivers, as more individuals seek to reduce their environmental footprint. Regulatory pressures, such as bans on single-use plastics and incentives for using recyclable materials, are propelling market growth. Technological innovations in materials science are enabling the development of more efficient and cost-effective green packaging solutions. The rising adoption of e-commerce and the associated need for sustainable shipping solutions have expanded the addressable market for sustainable packaging. Additionally, brands are leveraging sustainable packaging as a key differentiator to attract environmentally conscious consumers, which strengthens the business case for investing in green packaging solutions. Collaboration between businesses, governments, and non-profit organizations to promote sustainability practices further accelerates the adoption and development of sustainable packaging technologies. These combined factors create a robust and dynamic market environment for sustainable packaging, driving continuous growth and innovation.
The growth in the sustainable packaging market is driven by several factors. Increasing consumer awareness and demand for eco-friendly products are primary drivers, as more individuals seek to reduce their environmental footprint. Regulatory pressures, such as bans on single-use plastics and incentives for using recyclable materials, are propelling market growth. Technological innovations in materials science are enabling the development of more efficient and cost-effective green packaging solutions. The rising adoption of e-commerce and the associated need for sustainable shipping solutions have expanded the addressable market for sustainable packaging. Additionally, brands are leveraging sustainable packaging as a key differentiator to attract environmentally conscious consumers, which strengthens the business case for investing in green packaging solutions. Collaboration between businesses, governments, and non-profit organizations to promote sustainability practices further accelerates the adoption and development of sustainable packaging technologies. These combined factors create a robust and dynamic market environment for sustainable packaging, driving continuous growth and innovation.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Recycled Content Packaging segment, which is expected to reach US$111.5 Billion by 2030 with a CAGR of a 4.9%. The Reusable Packaging segment is also set to grow at 5.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $84.8 Billion in 2023, and China, forecasted to grow at an impressive 8.4% CAGR to reach $96.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Sustainable (Green) Packaging Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Sustainable (Green) Packaging Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Sustainable (Green) Packaging Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Amocor Limited, Ball Corporation, BASF SE, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 73 Featured):
- Amocor Limited
- Ball Corporation
- BASF SE
- Bemis Co., Inc.
- Berry Global Inc.
- Crown Holdings, Inc.
- Huhtamaki Oyj
- Mondi PLC
- Printpack, Inc.
- Sealed Air Corporation
- Sonoco Packaging Company
- Tetra Pak International SA
- WestRock Company
- Winpak Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Amocor Limited
- Ball Corporation
- BASF SE
- Bemis Co., Inc.
- Berry Global Inc.
- Crown Holdings, Inc.
- Huhtamaki Oyj
- Mondi PLC
- Printpack, Inc.
- Sealed Air Corporation
- Sonoco Packaging Company
- Tetra Pak International SA
- WestRock Company
- Winpak Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 198 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 314.3 Billion |
Forecasted Market Value ( USD | $ 444.8 Billion |
Compound Annual Growth Rate | 5.1% |
Regions Covered | Global |
No. of Companies Mentioned | 14 |