Major players in the environmentally friendly packaging market market are Amcor plc, Bemis Company Inc., Tetra Laval International SA, Mondi, BASF SE, Sonoco Products Company, Smurfit Kappa, Sealed Air, Huhtamaki Oyj, West Rock Company, Gerresheimer AG, Ball Corporaton, Ardagh Group SA, DS Smith, Berry Global Inc., and Reynolds Packaging.
The global environmentally friendly packaging market grew from $215.31 billion in 2022 to $232.74 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The environmentally friendly packaging market is expected to grow to $297.61 billion in 2027 at a CAGR of 6.3%.
The environmentally friendly packaging market consists of sales of compostable packaging, corrugated packaging, glassine packaging, and cellulose packaging among others. Values in this market are ‘factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Environmentally friendly packaging refers to packaging that is safe for people and the planet, can be easily recycled, and is produced from recycled or other environmentally friendly materials. It utilizes less energy consumption and natural resources for its manufacture. Environmentally friendly packaging is used to protect the environ environmentally friendly packaging market.
Western Europe was the largest region in the environmintally friendly packing market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in environmentally friendly packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The main types of environmentally friendly packaging are recycled content packaging, reusable packaging, and degradable packaging. Recycled content packaging is manufactured by using recycled products which helps to protect the environment. Recycled content packaging is any packaging product produced using non-virgin materials which were previously used. Bags, pouches & sachets, boxes, containers, films, trays, tubes, bottles & jars, and cans are produced using environmentally friendly packaging. The materials used to manufacture the packaging solutions are paper & paper board, plastic, metal, glass, and starch-based materials. Active, moulded, and alternate fibre packaging are the techniques used. Primary, secondary and tertiary are packaging layers.
Increasing awareness about environmental concerns among consumers is expected to propel the growth of the environmentally friendly packaging market. People across the world are aware of the current environmental pollution and its drastic effects on the climate. Purchasing environmentally friendly packaging by customers decreases plastic usage. According to a study conducted by Mastercard Inc., a USA-based financial technology company, in 2021, across 24 countries, 54% of adults after COVID-19 feel that it is important to decrease their carbon footprint. Furthermore, in 2020, 79% of consumers are changing their purchase habits and buying products based on social responsibility, inclusiveness, or environmental impact. Also, 67% of consumers are more cautious about the scarcity of natural resources due to the COVID-19 crisis. Thus, increasing awareness about environmental concerns among consumers is driving the growth of the environmentally friendly packaging market.
New product innovations are the key trends gaining popularity in the environmentally friendly packaging market. Major companies operating in the market are introducing new products to strengthen their position in the market, such as PET containers made from post-consumer recycled content (PCR) resin. For instance, In February 2020, Amcor, a Switzerland-based packaging company, launched a PET container manufactured from post-consumer recycled content that are clear bottles in two sizes, 100 cubic centimetres and 150 cubic centimetres.
In February 2022, HP (Hewlett-Packard), a US-based information technology company, acquired Choose packaging for an undisclosed amount. With this acquisition, HP adds the Choose packaging's portfolio into its Personalization & 3D Printing business to scale its technology and client base and plans to disrupt the single-use plastics market with fibre-based, plastic-free packaging. Choose packaging is a UK based manufacturer of a plastic-free packaging company.
The countries covered in the environmentally friendly packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The environmentally friendly packaging market research report is one of a series of new reports from the publisher that provides environmentally friendly packaging market statistics, including environmentally friendly packaging industry global market size, regional shares, competitors with an environmentally friendly packaging market share, detailed environmentally friendly packaging market segments, market trends and opportunities, and any further data you may need to thrive in the environmentally friendly packaging industry. This environmentally friendly packaging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
This product will be delivered within 3-5 business days.
The global environmentally friendly packaging market grew from $215.31 billion in 2022 to $232.74 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The environmentally friendly packaging market is expected to grow to $297.61 billion in 2027 at a CAGR of 6.3%.
The environmentally friendly packaging market consists of sales of compostable packaging, corrugated packaging, glassine packaging, and cellulose packaging among others. Values in this market are ‘factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Environmentally friendly packaging refers to packaging that is safe for people and the planet, can be easily recycled, and is produced from recycled or other environmentally friendly materials. It utilizes less energy consumption and natural resources for its manufacture. Environmentally friendly packaging is used to protect the environ environmentally friendly packaging market.
Western Europe was the largest region in the environmintally friendly packing market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in environmentally friendly packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The main types of environmentally friendly packaging are recycled content packaging, reusable packaging, and degradable packaging. Recycled content packaging is manufactured by using recycled products which helps to protect the environment. Recycled content packaging is any packaging product produced using non-virgin materials which were previously used. Bags, pouches & sachets, boxes, containers, films, trays, tubes, bottles & jars, and cans are produced using environmentally friendly packaging. The materials used to manufacture the packaging solutions are paper & paper board, plastic, metal, glass, and starch-based materials. Active, moulded, and alternate fibre packaging are the techniques used. Primary, secondary and tertiary are packaging layers.
Increasing awareness about environmental concerns among consumers is expected to propel the growth of the environmentally friendly packaging market. People across the world are aware of the current environmental pollution and its drastic effects on the climate. Purchasing environmentally friendly packaging by customers decreases plastic usage. According to a study conducted by Mastercard Inc., a USA-based financial technology company, in 2021, across 24 countries, 54% of adults after COVID-19 feel that it is important to decrease their carbon footprint. Furthermore, in 2020, 79% of consumers are changing their purchase habits and buying products based on social responsibility, inclusiveness, or environmental impact. Also, 67% of consumers are more cautious about the scarcity of natural resources due to the COVID-19 crisis. Thus, increasing awareness about environmental concerns among consumers is driving the growth of the environmentally friendly packaging market.
New product innovations are the key trends gaining popularity in the environmentally friendly packaging market. Major companies operating in the market are introducing new products to strengthen their position in the market, such as PET containers made from post-consumer recycled content (PCR) resin. For instance, In February 2020, Amcor, a Switzerland-based packaging company, launched a PET container manufactured from post-consumer recycled content that are clear bottles in two sizes, 100 cubic centimetres and 150 cubic centimetres.
In February 2022, HP (Hewlett-Packard), a US-based information technology company, acquired Choose packaging for an undisclosed amount. With this acquisition, HP adds the Choose packaging's portfolio into its Personalization & 3D Printing business to scale its technology and client base and plans to disrupt the single-use plastics market with fibre-based, plastic-free packaging. Choose packaging is a UK based manufacturer of a plastic-free packaging company.
The countries covered in the environmentally friendly packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The environmentally friendly packaging market research report is one of a series of new reports from the publisher that provides environmentally friendly packaging market statistics, including environmentally friendly packaging industry global market size, regional shares, competitors with an environmentally friendly packaging market share, detailed environmentally friendly packaging market segments, market trends and opportunities, and any further data you may need to thrive in the environmentally friendly packaging industry. This environmentally friendly packaging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Environmentally Friendly Packaging market Characteristics
3. Environmentally Friendly Packaging market Trends And Strategies
4. Environmentally Friendly Packaging market - Macro Economic Scenario
4.1. COVID-19 Impact On Environmentally Friendly Packaging market
4.2. Ukraine-Russia War Impact On Environmentally Friendly Packaging market
4.3. Impact Of High Inflation On Environmentally Friendly Packaging market
5. Environmentally Friendly Packaging market Size And Growth
5.1. Global Environmentally Friendly Packaging Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Environmentally Friendly Packaging Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Environmentally Friendly Packaging market Segmentation
6.1. Global Environmentally Friendly Packaging market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Recycled Content Packaging
- Reusable Packaging
- Degradable Packaging
- Bags
- Pouches and Sachets
- Boxes
- Containers
- Films
- Trays
- Tubes
- Bottles and Jars
- Cans
- Other product types
- Paper and Paper Board
- Plastic
- Metal
- Glass
- Starch-Based Materials
- Other materials
- Active Packaging
- Molded Packaging
- Alternate Fiber Packaging
- Other techniques
- Primary Packaging
- Secondary Packaging
- Tertiary Packaging
7.1. Global Environmentally Friendly Packaging market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Environmentally Friendly Packaging market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Environmentally Friendly Packaging market
8.1. Asia-Pacific Environmentally Friendly Packaging market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.3. Asia-Pacific Environmentally Friendly Packaging market, Segmentation By Layer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Environmentally Friendly Packaging market
9.1. China Environmentally Friendly Packaging market Overview
9.2. China Environmentally Friendly Packaging market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
9.3. China Environmentally Friendly Packaging market, Segmentation By Layer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Environmentally Friendly Packaging market
10.1. India Environmentally Friendly Packaging market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
10.2. India Environmentally Friendly Packaging market, Segmentation By Layer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Environmentally Friendly Packaging market
11.1. Japan Environmentally Friendly Packaging market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11.2. Japan Environmentally Friendly Packaging market, Segmentation By Layer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Environmentally Friendly Packaging market
12.1. Australia Environmentally Friendly Packaging market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12.2. Australia Environmentally Friendly Packaging market, Segmentation By Layer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Environmentally Friendly Packaging market
13.1. Indonesia Environmentally Friendly Packaging market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13.2. Indonesia Environmentally Friendly Packaging market, Segmentation By Layer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Environmentally Friendly Packaging market
14.1. South Korea Environmentally Friendly Packaging market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14.2. South Korea Environmentally Friendly Packaging market, Segmentation By Layer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Environmentally Friendly Packaging market
15.1. Western Europe Environmentally Friendly Packaging market Overview
15.2. Western Europe Environmentally Friendly Packaging market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15.3. Western Europe Environmentally Friendly Packaging market, Segmentation By Layer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Environmentally Friendly Packaging market
16.1. UK Environmentally Friendly Packaging market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16.2. UK Environmentally Friendly Packaging market, Segmentation By Layer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Environmentally Friendly Packaging market
17.1. Germany Environmentally Friendly Packaging market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17.2. Germany Environmentally Friendly Packaging market, Segmentation By Layer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Environmentally Friendly Packaging market
18.1. France Environmentally Friendly Packaging market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18.2. France Environmentally Friendly Packaging market, Segmentation By Layer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Environmentally Friendly Packaging market
19.1. Eastern Europe Environmentally Friendly Packaging market Overview
19.2. Eastern Europe Environmentally Friendly Packaging market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19.3. Eastern Europe Environmentally Friendly Packaging market, Segmentation By Layer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Environmentally Friendly Packaging market
20.1. Russia Environmentally Friendly Packaging market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20.2. Russia Environmentally Friendly Packaging market, Segmentation By Layer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Environmentally Friendly Packaging market
21.1. North America Environmentally Friendly Packaging market Overview
21.2. North America Environmentally Friendly Packaging market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21.3. North America Environmentally Friendly Packaging market, Segmentation By Layer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Environmentally Friendly Packaging market
22.1. USA Environmentally Friendly Packaging market Overview
22.2. USA Environmentally Friendly Packaging market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22.3. USA Environmentally Friendly Packaging market, Segmentation By Layer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Environmentally Friendly Packaging market
23.1. South America Environmentally Friendly Packaging market Overview
23.2. South America Environmentally Friendly Packaging market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23.3. South America Environmentally Friendly Packaging market, Segmentation By Layer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Environmentally Friendly Packaging market
24.1. Brazil Environmentally Friendly Packaging market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24.2. Brazil Environmentally Friendly Packaging market, Segmentation By Layer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Environmentally Friendly Packaging market
25.1. Middle East Environmentally Friendly Packaging market Overview
25.2. Middle East Environmentally Friendly Packaging market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25.3. Middle East Environmentally Friendly Packaging market, Segmentation By Layer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Environmentally Friendly Packaging market
26.1. Africa Environmentally Friendly Packaging market Overview
26.2. Africa Environmentally Friendly Packaging market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26.3. Africa Environmentally Friendly Packaging market, Segmentation By Layer, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Environmentally Friendly Packaging market Competitive Landscape And Company Profiles
27.1. Environmentally Friendly Packaging market Competitive Landscape
27.2. Environmentally Friendly Packaging market Company Profiles
27.2.1. Amcor plc
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Bemis Company Inc
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Tetra Laval International SA
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Mondi
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. BASF SE
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Environmentally Friendly Packaging market
29. Environmentally Friendly Packaging market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. The Business Research Company
30.6. Copyright And Disclaimer
Executive Summary
Environmentally Friendly Packaging Global Market Report 2023 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on environmentally friendly packaging market market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:
Where is the largest and fastest growing market for environmentally friendly packaging market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The environmentally friendly packaging market market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Scope
Markets Covered:
1) By Type: Recycled Content Packaging; Reusable Packaging; Degradable Packaging2) By Product Type: Bags; Pouches and Sachets; Boxes; Containers; Films; Trays; Tubes; Bottles and Jars; Cans; Other product types
3) By Material Type: Paper and Paper Board; Plastic; Metal; Glass; Starch-Based Materials; Other materials
4) By Technique: Active Packaging; Molded Packaging; Alternate Fiber Packaging; Other techniques
5) By Layer: Primary Packaging; Secondary Packaging; Tertiary Packaging
Companies Mentioned: Amcor plc; Bemis Company Inc; Tetra Laval International SA; Mondi; BASF SE
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Amcor plc
- Bemis Company Inc
- Tetra Laval International SA
- Mondi
- BASF SE
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | March 2023 |
| Forecast Period | 2023 - 2027 |
| Estimated Market Value ( USD | $ 232.74 billion |
| Forecasted Market Value ( USD | $ 297.61 billion |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
