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Sustainable Plastic Packaging: Global Markets 2024-2029

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    Report

  • 140 Pages
  • August 2024
  • Region: Global
  • BCC Research
  • ID: 5661107
Description Jump to:

The global sustainable plastic packaging was valued at USD 86.6 billion in 2024    and is projected to reach USD 122.4 billion in 2029, growing at a CAGR of 7.20%.

Report Scope

This report analyzes the global sustainable plastic packaging market by segmenting it based on packaging type and end user. On the basis of packaging type, the market is further segmented into recycled packaging, reusable packaging and bioplastic packaging. Recycled packaging is additionally segmented into R-PET, R-PE, R-PP, R-PS and others (such as R-PVC, R-PLA, etc.). Bioplastic packaging is additionally segmented into biodegradable and non-biodegradable bioplastic. The sustainable plastic packaging market is segmented based on end user into the following segments: food and beverage, industrial and chemical, healthcare, personal and home care, and others. These market segments are analyzed at the global and regional levels. The base year for this analysis is 2023, and market estimates and forecasts are given from 2024 through 2029. The market estimates are provided in terms of revenue (in millions of U.S. dollars).

Report Includes

  • 66 data tables and 42 additional tables
  • An analysis of the current and future global markets for sustainable plastic packaging
  • Analyses of global market trends, with market revenue data (sales figures) for 2023, estimates for 2024, forecast for 2025, and projected CAGRs through 2029
  • Estimates of the market size and revenue forecasts for the sustainable plastic packaging market, with market share analysis by packaging type, end use application, and region
  • Discussions of the market dynamics, opportunities and challenges, as well as emerging technologies
  • Overview of the sustainability trends and ESG developments in the industry, with emphasis on the ESG practices of leading companies, their ESG scores, and consumer attitudes
  • Competitive intelligence, including companies’ market shares, recent M&A activity and venture funding
  • Profiles of the leading companies, including Amcor plc, Berry Global Group Inc., Constantia Flexibles, NatureWorks LLC., and Plastipak Holdings Inc.

Table of Contents

Chapter 1 Executive Summary
  • Market Outlook
  • Scope of Report
  • Market Summary
Chapter 2 Market Overview
  • Generation of Plastic Waste
  • Recycled Packaging
  • Reusable Packaging
  • Bio-based Plastic Packaging
  • Supply Chain Analysis
  • Feedstock
  • Sustainable Plastic Packaging
  • Distribution and Logistics
  • Consumers
  • Porter's Five Forces Analysis
  • Bargaining Power of Suppliers: Moderate
  • Competition in the Industry: High
  • Threat of Substitutes: High
  • Threat of Market Entry: Moderate
  • Bargaining Power of Buyers: Low
Chapter 3 Market Dynamics
  • Overview
  • Market Drivers
  • Increasing Consumer Preference for Bioplastic
  • Use of Bio-Based Flexible Materials for Primary Packaging
  • Post-Consumer Recycled Plastic Packaging Demand Increases
  • Reusable Packaging to Achieve Efficiency and Environmental Goals
  • Market Opportunities
  • Advances in Recycling Technology
  • Environmental Awareness, Regulatory Pressures and Circular Economy Initiatives
  • Market Challenges
  • Low Plastic Recycling Rate
  • Higher Cost of Biopolymers
  • Other Sustainable Packaging Solutions
Chapter 4 Regulatory Landscape
  • Regulatory Analysis
Chapter 5 Emerging Technologies
  • Advances in Bioplastic Packaging
  • Advances in Recycling Technology
  • Chemical Recycling
Chapter 6 Market Segmentation Analysis
  • Segmentation Breakdown
  • Market Analysis, by Packaging Type
  • Recycled Packaging
  • Reusable Packaging
  • Bioplastic Packaging
  • Market Analysis, by End User
  • Food and Beverage
  • Industrial and Chemical
  • Healthcare
  • Personal and Home Care
  • Other End Users
  • Geographic Breakdown
  • Market Analysis, by Region
  • North America
  • Europe
  • Asia-Pacific
  • Rest of World
Chapter 7 Competitive Landscape
  • Market Competitiveness
  • Market Positioning
  • Strategic Analysis
Chapter 8 Sustainability in Sustainable Plastic Packaging Industry: An ESG Perspective
  • ESG in the Sustainable Plastic Packaging Industry
  • ESG Practices in the Sustainable Plastic Packaging Industry
  • Emerging Sustainability Trends
  • Concluding Remarks
Chapter 9 Appendix
  • Methodology
  • Information Sources
  • References
  • Abbreviations
  • Company Profiles: Sustainable Plastic Packaging
  • Aim Reusable Packaging Llc.
  • Amcor Plc
  • Berry Global Inc.
  • Constantia Flexibles
  • Georg Utz Holding Ag
  • Mondi
  • Natureworks Llc.
  • Plastipak Holdings Inc.
  • Swapbox Bv
  • Tipa Ltd.
  • Company Profiles: Biopolymer Producers
  • 3M
  • Arkema
  • BASF SE
  • Braskem
  • Totalenergies Corbion
List of Tables
Summary Table: Global Market for Sustainable Plastic Packaging, by Region, Through 2029
Table 1: Regulations on Recycled Plastic Packaging, 2024
Table 2: Regulations on Bio-Based Plastic Packaging, 2024
Table 3: Global Market for Sustainable Plastic Packaging, by Packaging Type, Through 2029
Table 4: Global Market for Recycled Packaging, by Plastic, Through 2029
Table 5: Global Market for Recycled Packaging, by End User, Through 2029
Table 6: Global Market for Recycled Packaging, by Region, Through 2029
Table 7: Global Market for Reusable Packaging, by End User, Through 2029
Table 8: Global Market for Reusable Packaging, by Region, Through 2029
Table 9: Global Market for Bioplastic Packaging, by Type, Through 2029
Table 10: Global Market for Biodegradable Plastic Packaging, by Polymer, Through 2029
Table 11: Global Market for Non-Biodegradable Plastic Packaging, by Polymer, Through 2029
Table 12: Global Market for Bioplastic Packaging, by End User, Through 2029
Table 13: Global Market for Bioplastic Packaging, by Region, Through 2029
Table 14: Global Market for Sustainable Plastic Packaging, by End User, Through 2029
Table 15: Global Market for Sustainable Plastic Packaging for Food and Beverage End Users, by Region, Through 2029
Table 16: Global Market for Sustainable Plastic Packaging for Industrial and Chemical End Users, by Region, Through 2029
Table 17: Global Market for Sustainable Plastic Packaging for Healthcare End Users, by Region, Through 2029
Table 18: Global Market for Sustainable Plastic Packaging for Personal and Home Care End Users, by Region, Through 2029
Table 19: Global Market for Sustainable Plastic Packaging for Other End Users, by Region, Through 2029
Table 20: Global Market for Sustainable Plastic Packaging, by Region, Through 2029
Table 21: North American Market for Sustainable Plastic Packaging, by Country, Through 2029
Table 22: North American Market for Sustainable Plastic Packaging, by Packaging Type, Through 2029
Table 23: North American Market for Recycled Packaging, by Plastic, Through 2029
Table 24: North American Market for Recycled Packaging, by End User, Through 2029
Table 25: North American Market for Reusable Packaging, by End User, Through 2029
Table 26: North American Market for Bioplastic Packaging, by Type, Through 2029
Table 27: North American Market for Biodegradable Plastic Packaging, by Polymer, Through 2029
Table 28: North American Market for Non-Biodegradable Plastic Packaging, by Polymer, Through 2029
Table 29: North American Market for Bioplastic Packaging, by End User, Through 2029
Table 30: North American Market for Sustainable Plastic Packaging, by End User, Through 2029
Table 31: European Market for Sustainable Plastic Packaging, by Country, Through 2029
Table 32: European Market for Sustainable Plastic Packaging, by Packaging Type, Through 2029
Table 33: European Market for Recycled Packaging, by Plastic, Through 2029
Table 34: European Market for Recycled Packaging, by End User, Through 2029
Table 35: European Market for Reusable Packaging, by End User, Through 2029
Table 36: European Market for Bioplastic Packaging, by Type, Through 2029
Table 37: European Market for Biodegradable Plastic Packaging, by Polymer, Through 2029
Table 38: European Market for Non-Biodegradable Plastic Packaging, by Polymer, Through 2029
Table 39: European Market for Bioplastic Packaging, by End User, Through 2029
Table 40: European Market for Sustainable Plastic Packaging, by End User, Through 2029
Table 41: Asia-Pacific Market for Sustainable Plastic Packaging, by Country, Through 2029
Table 42: Asia-Pacific Market for Sustainable Plastic Packaging, by Packaging Type, Through 2029
Table 43: Asia-Pacific Market for Recycled Packaging, by Plastic, Through 2029
Table 44: Asia-Pacific Market for Recycled Packaging, by End User, Through 2029
Table 45: Asia-Pacific Market for Reusable Packaging, by End User, Through 2029
Table 46: Asia-Pacific Market for Bioplastic Packaging, by Type, Through 2029
Table 47: Asia-Pacific Market for Biodegradable Plastic Packaging, by Polymer, Through 2029
Table 48: Asia-Pacific Market for Non-Biodegradable Plastic Packaging, by Polymer, Through 2029
Table 49: Asia-Pacific Market for Bioplastic Packaging, by End User, Through 2029
Table 50: Asia-Pacific Market for Sustainable Plastic Packaging, by End User, Through 2029
Table 51: RoW Market for Sustainable Plastic Packaging, by Sub-region, Through 2029
Table 52: RoW Market for Sustainable Plastic Packaging, by Packaging Type, Through 2029
Table 53: RoW Market for Recycled Packaging, by Plastic, Through 2029
Table 54: RoW Market for Recycled Packaging, by End User, Through 2029
Table 55: RoW Market for Reusable Packaging, by End User, Through 2029
Table 56: RoW Market for Bioplastic Packaging, by Type, Through 2029
Table 57: RoW Market for Biodegradable Plastic Packaging, by Polymer, Through 2029
Table 58: RoW Market for Non-Biodegradable Plastic Packaging, by Polymer, Through 2029
Table 59: RoW Market for Bioplastic Packaging, by End User, Through 2029
Table 60: RoW Market for Sustainable Plastic Packaging, by End User, Through 2029
Table 61: Partnerships Formed in the Sustainable Plastic Packaging Industry, 2022-2024
Table 62: ESG Carbon Footprint Issue Analysis
Table 63: Abbreviations Used in This Report
Table 64: AIM Reusable Packaging LLC.: Company Snapshot
Table 65: AIM Reusable Packaging LLC.: Product Portfolio
Table 66: Amcor plc: Company Snapshot
Table 67: Amcor plc: Financial Performance, FY 2022 and 2023
Table 68: Amcor plc: Product Portfolio
Table 69: Amcor plc: News/Key Developments, 2023 and 2024
Table 70: Berry Global Inc.: Company Snapshot
Table 71: Berry Global Inc.: Financial Performance, FY 2022 and 2023
Table 72: Berry Global Inc.: Product Portfolio
Table 73: Berry Global Inc.: News/Key Developments, 2024
Table 74: Constantia Flexibles: Company Snapshot
Table 75: Constantia Flexibles: Product Portfolio
Table 76: Georg Utz Holding AG: Company Snapshot
Table 77: Georg Utz Holding AG: Product Portfolio
Table 78: Mondi: Company Snapshot
Table 79: Mondi: Financial Performance, FY 2022 and 2023
Table 80: Mondi: Product Portfolio
Table 81: Mondi: News/Key Developments, 2024
Table 82: NatureWorks LLC.: Company Snapshot
Table 83: NatureWorks LLC.: Product Portfolio
Table 84: NatureWorks LLC.: News/Key Developments, 2023
Table 85: Plastipak Holdings Inc.: Company Snapshot
Table 86: Plastipak Holdings Inc.: Product Portfolio
Table 87: Plastipak Holdings Inc.: News/Key Developments, 2024
Table 88: SwapBox BV: Company Snapshot
Table 89: SwapBox BV: Product Portfolio
Table 90: Tipa Ltd.: Company Snapshot
Table 91: Tipa Ltd.: Product Portfolio
Table 92: 3M: Company Snapshot
Table 93: 3M: Financial Performance, FY 2022 and 2023
Table 94: 3M: Product Portfolio
Table 95: Arkema: Company Snapshot
Table 96: Arkema: Financial Performance, FY 2022 and 2023
Table 97: Arkema: Product Portfolio
Table 98: BASF SE: Company Snapshot
Table 99: BASF SE: Financial Performance, FY 2022 and 2023
Table 100: BASF SE: Product Portfolio
Table 101: BASF SE: News/Key Developments, 2022
Table 102: Braskem: Company Snapshot
Table 103: Braskem: Financial Performance, FY 2022 and 2023
Table 104: Braskem: Product Portfolio
Table 105: Braskem: News/Key Developments, 2023
Table 106: TotalEnergies Corbion: Company Snapshot
Table 107: TotalEnergies Corbion: Product Portfolio

List of Figures
Summary Figure: Global Market for Sustainable Plastic Packaging, by Region, 2023-2029
Figure 1: Plastic Recycling Rates in Six Countries, 2024
Figure 2: Global Recycled Polymer Capacity, by Type, 2021
Figure 3: Plastic Packaging Waste Generated and Recycled in the EU, 2015-2023
Figure 4: Ecosystem of Supply Chain Partners: Sustainable Plastic Packaging
Figure 5: Porter’s Five Forces Analysis: Market for Sustainable Plastic Packaging
Figure 6: Market Dynamics: Drivers and Challenges
Figure 7: Consumption of Biodegradable and Non-Biodegradable Bioplastic in the Packaging Industry, 2022-2027
Figure 8: Potential Market for Chemical Recycling, 2022
Figure 9: Global Market Shares of Sustainable Plastic Packaging, by Packaging Type, 2023
Figure 10: Global Market Shares of Recycled Packaging, by Plastic, 2023
Figure 11: Global Market Shares of Recycled Packaging, by End User, 2023
Figure 12: Global Market Shares of Recycled Packaging, by Region, 2023
Figure 13: Global Market Shares of Reusable Packaging, by End User, 2023
Figure 14: Global Market Shares of Reusable Packaging, by Region, 2023
Figure 15: Global Market Shares of Bioplastic Packaging, by Type, 2023
Figure 16: Global Market Shares of Biodegradable Plastic Packaging, by Polymer, 2023
Figure 17: Global Market Shares of Non-Biodegradable Plastic Packaging, by Polymer, 2023
Figure 18: Global Market Shares of Bioplastic Packaging, by End User, 2023
Figure 19: Global Market Shares of Bioplastic Packaging, by Region, 2023
Figure 20: Global Market Shares of Sustainable Plastic Packaging, by End User, 2023
Figure 21: Global Market Shares of Sustainable Plastic Packaging for Food and Beverage End Users, by Region, 2023
Figure 22: Global Market Shares of Sustainable Plastic Packaging for Industrial and Chemical End Users, by Region, 2023
Figure 23: Global Market Shares of Sustainable Plastic Packaging for Healthcare End Users, by Region, 2023
Figure 24: Global Market Shares of Sustainable Plastic Packaging for Personal and Home Care End Users, by Region, 2023
Figure 25: Global Market Shares of Sustainable Plastic Packaging for Other End Users, by Region, 2023
Figure 26: Global Market Shares of Sustainable Plastic Packaging, by Region, 2023
Figure 27: North American Market Shares of Sustainable Plastic Packaging, by Country, 2023
Figure 28: North American Market Shares of Sustainable Plastic Packaging, by Packaging Type, 2023
Figure 29: North American Market Shares of Recycled Packaging, by Plastic, 2023
Figure 30: North American Market Shares of Recycled Packaging, by End User, 2023
Figure 31: North American Market Shares of Reusable Packaging, by End User, 2023
Figure 32: North American Market Shares of Bioplastic Packaging, by Type, 2023
Figure 33: North American Market Shares of Biodegradable Plastic Packaging, by Polymer, 2023
Figure 34: North American Market Shares of Non-Biodegradable Plastic Packaging, by Polymer, 2023
Figure 35: North American Market Shares of Bioplastic Packaging, by End User, 2023
Figure 36: North American Market Shares of Sustainable Plastic Packaging, by End User, 2023
Figure 37: European Market Shares of Sustainable Plastic Packaging, by Country, 2023
Figure 38: European Market Shares of Sustainable Plastic Packaging, by Packaging Type, 2023
Figure 39: European Market Shares of Recycled Packaging, by Plastic, 2023
Figure 40: European Market Shares of Recycled Packaging, by End User, 2023
Figure 41: European Market Shares of Reusable Packaging, by End User, 2023
Figure 42: European Market Shares of Bioplastic Packaging, by Type, 2023
Figure 43: European Market Shares of Biodegradable Plastic Packaging, by Polymer, 2023
Figure 44: European Market Shares of Non-Biodegradable Plastic Packaging, by Polymer, 2023
Figure 45: European Market Shares of Bioplastic Packaging, by End User, 2023
Figure 46: European Market Shares of Sustainable Plastic Packaging, by End User, 2023
Figure 47: Asia-Pacific Market Shares of Sustainable Plastic Packaging, by Country, 2023
Figure 48: Asia-Pacific Market Shares of Sustainable Plastic Packaging, by Packaging Type, 2023
Figure 49: Asia-Pacific Market Shares of Recycled Packaging, by Plastic, 2023
Figure 50: Asia-Pacific Market Shares of Recycled Packaging, by End User, 2023
Figure 51: Asia-Pacific Market Shares of Reusable Packaging, by End User, 2023
Figure 52: Asia-Pacific Market Shares of Bioplastic Packaging, by Type, 2023
Figure 53: Asia-Pacific Market Shares of Biodegradable Plastic Packaging, by Polymer, 2023
Figure 54: Asia-Pacific Market Shares of Non-Biodegradable Plastic Packaging, by Polymer, 2023
Figure 55: Asia-Pacific Market Shares of Bioplastic Packaging, by End User, 2023
Figure 56: Asia-Pacific Market Shares of Sustainable Plastic Packaging, by End User, 2023
Figure 57: RoW Market Shares of Sustainable Plastic Packaging, by Sub-region, 2023
Figure 58: RoW Market Shares of Sustainable Plastic Packaging, by Packaging Type, 2023
Figure 59: RoW Market Shares of Recycled Packaging, by Plastic, 2023
Figure 60: RoW Market Shares of Recycled Packaging, by End User, 2023
Figure 61: RoW Market Shares of Reusable Packaging, by End User, 2023
Figure 62: RoW Market Shares of Bioplastic Packaging, by Type, 2023
Figure 63: RoW Market Shares of Biodegradable Plastic Packaging, by Polymer, 2023
Figure 64: RoW Market Shares of Non-Biodegradable Plastic Packaging, by Polymer, 2023
Figure 65: RoW Market Shares of Bioplastic Packaging, by End User, 2023
Figure 66: RoW Market Shares of Sustainable Plastic Packaging, by End User, 2023
Figure 67: Market Entry Strategies: Suggestions for Small and Medium-Sized Players
Figure 68: Market Positioning of Five Key Companies in Sustainable Plastic Packaging
Figure 69: ESG Factors in Market for Sustainable Plastic Packaging
Figure 70: Amcor plc: Revenue Share, by Business Unit, FY 2023
Figure 71: Amcor plc: Revenue Share, by Country/Region, FY 2023
Figure 72: Berry Global Inc.: Revenue Share, by Business Unit, FY 2022
Figure 73: Berry Global Inc.: Revenue Share, by Country/Region, FY 2022
Figure 74: Constantia Flexibles: Revenue Share, by Business Unit, FY 2022
Figure 75: Constantia Flexibles: Revenue Share, by Country/Region, FY 2022
Figure 76: Mondi: Revenue Share, by Business Unit, FY 2022
Figure 77: Mondi: Revenue Share, by Customer Country/Region, FY 2022
Figure 78: 3M: Revenue Share, by Business Unit, FY 2023
Figure 79: 3M: Revenue Share, by Region, FY 2023
Figure 80: Arkema: Revenue Share, by Business Unit, FY 2023
Figure 81: Arkema: Revenue Share, by Country/Region, FY 2023
Figure 82: BASF SE: Revenue Share, by Business Unit, FY 2023
Figure 83: BASF SE: Revenue Share, by Region, FY 2023
Figure 84: Braskem: Revenue Share, by Country/Region, FY 2023

Executive Summary

Sustainable plastic packaging, which is crafted from materials that can be recycled or are biodegradable, provides an eco-friendly alternative to traditional plastics. Recyclable PET and recyclable HDPE are two examples of plastics that can be reprocessed into new products. Additionally, biodegradable materials like PLA, which is starch and cellulose-based, are designed to biodegrade in compost. These materials are versatile and used in various applications, from food containers to flexible packaging. Demand for these types of sustainable packaging is growing in industries such as fashion and healthcare, as they offer environmental benefits without compromising performance.

In the fashion industry, an estimated 150 billion plastic packaging bags are used annually, most of which end up in landfills. Switching to eco-friendly packaging in the food industry is also critical, since food packaging accounts for 40% of the 141 million tons of plastic waste produced annually (Tipa Ltd., 2024, What Is Sustainable Packaging?). Sustainable packaging tackles this major pollution source by prolonging the shelf life of perishable goods while aligning with consumer demands for environmentally responsible solutions. By moving away from conventional plastics, businesses can reduce their carbon footprint, decrease landfill waste and help create a healthier planet. Furthermore, compostable food packaging supports a circular economy, ensuring materials are reused for as long as possible before eventually decomposing into nutrient-rich soil.

Governments worldwide are encouraging the use of green packaging. Countries like Ireland, Italy and Japan offer tax exemptions for compostable packaging. Packaging with less than 30% recycled materials in the U.K. faces higher taxation. The U.K.’s Extended Producer Responsibility (EPR) schemes hold producers and retailers accountable for the end-of-life of their packaging, taxing hard-to-recycle plastics and exempting sustainable packaging.

These measures are part of a global agenda to promote sustainable packaging for a healthier planet. Sustainable plastic packaging is integral to the circular economy, as it uses raw materials efficiently and returns these materials to their origins. This approach minimizes the waste of resources like water and energy, supporting healthy globalization and the well-being of our planet.

Amcor plc., Berry Global Group Inc., Constantia Flexibles, NatureWorks LLC and Plastipak Holdings Inc. are some of the major sustainable plastic packaging producers. These companies are involved in R&D to produce eco-friendly and sustainable products. They also focus on expanding their product portfolio and strengthening the supply chain network to capture market share.

This report identifies four geographical regions for the sustainable plastic packaging market: North America, Europe, Asia-Pacific, and the Rest of the World (the Middle East and Africa, and Latin America). In 2023, Europe dominated the global sustainable plastic packaging market. The factors propelling the European market include the presence of several sustainable plastic packaging manufacturing companies in the region, and stringent regulations regarding the use of single-use plastic packaging.

Companies Mentioned

  • 3M
  • Aim Reusable Packaging Llc.
  • Amcor Plc
  • Arkema
  • BASF SE
  • Berry Global Inc.
  • Braskem
  • Constantia Flexibles
  • Georg Utz Holding Ag
  • Mondi
  • Natureworks Llc.
  • Plastipak Holdings Inc.
  • Swapbox Bv
  • Tipa Ltd.
  • Totalenergies Corbion

Table Information

Report AttributeDetails
No. of Pages140
PublishedAugust 2024
Forecast Period2024 - 2029
Estimated Market Value ( USD ) in 2024 $ 86.6 Billion
Forecasted Market Value ( USD ) by 2029 $ 122.4 Billion
Compound Annual Growth Rate7.2%
Regions CoveredGlobal
No. of Companies Mentioned15

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