Packaging is an important characteristic that helps in attracting customers. Brands and products try to incorporate the brand image, value proposition, and information about the product in the packaging of the product. Green packaging is one of the packaging techniques which is eco-friendly. It is highly in demand as it uses recyclable materials for the packaging process. Due to the use of organic materials, green packaging does not emit greenhouse gases like carbon dioxide and methane or ozone depleting volatile substances. They help reduce environmental impact and therefore have great potential to be used in the food and beverage industry on a larger scale.
Key industry trends include downsizing or light weighting, increasing recycling and waste recovery, growing use of renewably sourced materials, rising use of recycled content, and improvements in packaging and logistical efficiency. Favorable regulatory inclinations in Europe are anticipated to boost the bioplastics packaging market in the near future. For instance, implementation of Horizon 2020 strategy by European Commission has resulted in increasing development of new bio-based products. However, fluctuating raw material prices may hinder industry growth over the forecast period. High cost of production also threaten to limit industry participation, especially smaller and newer players.
Market Analysis and Insights: Global Green Packaging Market
The global Green Packaging market size is projected to reach US$ 141540 million by 2026, from US$ 134560 million in 2020, at a CAGR of 4.8%% during 2021-2026.
Global Green Packaging Scope and Market Size
Green Packaging market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Green Packaging market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Amcor Limited
Mondi Limited
Sealed Air Corporation
TetraPak International
Ardagh Group
PlastiPak Holdings
Amcor
Uflex limited
ELOPAK
Recycled Content Packaging
Reusable Packaging
Degradable Packaging
Food and Beverage
Personal Care
Health Care
Others
North America
Europe
China
Japan
Southeast Asia
India
Key industry trends include downsizing or light weighting, increasing recycling and waste recovery, growing use of renewably sourced materials, rising use of recycled content, and improvements in packaging and logistical efficiency. Favorable regulatory inclinations in Europe are anticipated to boost the bioplastics packaging market in the near future. For instance, implementation of Horizon 2020 strategy by European Commission has resulted in increasing development of new bio-based products. However, fluctuating raw material prices may hinder industry growth over the forecast period. High cost of production also threaten to limit industry participation, especially smaller and newer players.
Market Analysis and Insights: Global Green Packaging Market
The global Green Packaging market size is projected to reach US$ 141540 million by 2026, from US$ 134560 million in 2020, at a CAGR of 4.8%% during 2021-2026.
Global Green Packaging Scope and Market Size
Green Packaging market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Green Packaging market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
The key players covered in this study
Amcor Limited
Mondi Limited
Sealed Air Corporation
TetraPak International
Ardagh Group
PlastiPak Holdings
Amcor
Uflex limited
ELOPAK
Market segment by Type, the product can be split into
Recycled Content Packaging
Reusable Packaging
Degradable Packaging
Market segment by Application, split into
Food and Beverage
Personal Care
Health Care
Others
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Frequently Asked Questions
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