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Green Packaging Market

Global Green Packaging Market Share, Trends, Analysis: By Packaging Type: Recycled Content Packaging, Reusable Packaging, Degradable Packaging; By End Use: Food Industry, Beverage Industry, Healthcare Industry, Personal Care Industry; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Green Packaging Market Outlook

The global green packaging market reached a value of USD 212.59 billion in 2023. The market is further expected to grow at a CAGR of about 6.6% between 2024 and 2032 to reach a value of approximately USD 379.25 billion by 2032. 

 

Global Green Packaging Market

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The rise in sustainable packaging is motivated by governmental pressure to shift to environmentally friendly materials and negative consumer views about traditional packaging. Multiple green packaging market players based in developing countries, such as China and India, have begun to reduce waste produced during the manufacturing processes. In fact, numerous environmental groups are campaigning to curb plastic waste in the oceans. 

In recent years, most end-use industries have committed to avoiding traditional packaging for the supply of their goods. In 2018, L'Oréal, a French-based personal care company, partnered with Quantis, a Swiss environmental sustainability consulting firm, to set up an initiative called the Sustainable Packaging Initiative for Cosmetics (SPICE). The goal of the participants of this initiative is to minimise the environmental footprint of cosmetics by working in three main areas, namely creating a sustainable packaging strategy, encouraging developments based on eco-design standards, and meeting customer preferences by providing transparency on the environmental performance of goods. In addition, the Sustainable Packaging Coalition, a US-based membership-based partnership, launched the Target Database & SPC Engage in 2020 to help top retailers and brand owners across business sectors enhance sustainability in corporate and in packaging. Such developments are expected to impact the growth of the green packaging market positively.

 

Market Segmentation

Green packaging, or sustainable packaging, is the use of renewable products and manufacturing processes for the packaging of goods. This uses biodegradable and plant-based plastics together with recycled moulded packaging and polyethylene bags to make a range of items. Similar to traditional plastic packaging methods, green packaging has a lower carbon footprint, which helps to improve human and ecological safety in the long term. The green packaging approach also involves ways of minimizing the amount of waste and pollution produced during the manufacturing process.

 

Green Packaging Market By End Use Industry

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The packaging type in the green packaging market can be divided into recycled content, reusable, and degradable packaging. The recycled content segment can be further divided into the following:

  • Paper
  • Plastic
  • Metal
  • Glass
  • Others

The reusable packaging segment is further categorised as follows:

  • Drum
  • Plastic Container
  • Others

The end-use industries in the market can be divided into the following:

  • Food Industry
  • Beverage Industry
  • Healthcare Industry
  • Personal Care Industry

The regional markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Green Packaging Market by Region

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Market Analysis

The increasing awareness of environmental protection, as well as sustainable living, is among the main factors driving the green packaging market growth. These factors, combined with strict governmental regulations on environmental sustainability and the industrial trend of integrating regeneratively manufactured products into the manufacturing process, are the major drivers for the demand development in the industry. In addition, specific companies have begun to incorporate green packaging as part of their Extended Producers Responsibility (EPR). Healthcare and food and beverage firms, for example, choose environmentally sustainable packaging items like paper, glass, metal, and plastic, which can be quickly recycled. In addition, a growing array of initiatives initiated by both developed and emerging governments to promote the adoption of green packaging throughout multiple industries are also expected to lead the market in the coming years. Certain factors propelling the green packaging market growth include the growing research and development (R&D) activities and technical developments in the manufacture of green packaging materials like bio-based resins.

 

Competitive Landscape

The report gives a detailed analysis of the following key players in the global green packaging market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Amcor plc  
  • DuPont de Nemours, Inc.
  • Mondi plc
  • Sealed Air Corporation
  • Plastipak Holdings, Inc., 
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Packaging Type
  • End Use 
  • Region
Breakup by Packaging Type
  • Recycled Content Packaging
  • Reusable Packaging
  • Degradable Packaging
Breakup by End Use
  • Food Industry
  • Beverage Industry
  • Healthcare Industry
  • Personal Care Industry
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Amcor plc  
  • DuPont de Nemours, Inc.
  • Mondi plc
  • Sealed Air Corporation
  • Plastipak Holdings, Inc., 
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Green Packaging Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Green Packaging Historical Market (2018-2023) 
    8.3    Global Green Packaging Market Forecast (2024-2032)
    8.4    Global Green Packaging Market by Packaging Type
        8.4.1    Recycled Content Packaging
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
            8.4.1.3    Market by Type
                8.4.1.3.1    Paper
                     8.4.1.3.1.1    Historical Trend (2018-2023)
                     8.4.1.3.1.2.    Forecast Trend (2024-2032)
                8.4.1.3.2    Plastic
                     8.4.1.3.2.1    Historical Trend (2018-2023)
                     8.4.1.3.2.2    Forecast Trend (2024-2032)
                8.4.1.3.3    Metal
                     8.4.1.3.3.1    Historical Trend (2018-2023)
                     8.4.1.3.3.2    Forecast Trend (2024-2032)
                8.4.1.3.4    Glass
                     8.4.1.3.4.1    Historical Trend (2018-2023)
                     8.4.1.3.4.2    Forecast Trend (2024-2032)
                8.4.1.3.5    Others
        8.4.2    Reusable Packaging
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
            8.4.2.3    Market by Type
                8.4.2.3.1    Drum
                     8.4.2.3.1.1    Historical Trend (2018-2023)
                     8.4.2.3.1.2    Forecast Trend (2024-2032)
                8.4.2.3.2    Plastic Containers
                     8.4.2.3.2.1    Historical Trend (2018-2023)
                     8.4.2.3.2.2    Forecast Trend (2024-2032)
                8.4.2.3.3    Others
        8.4.3    Degradable Packaging
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Green Packaging Market by End Use 
        8.5.1    Food Industry
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Beverage Industry
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Healthcare Industry
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Personal Care Industry
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
    8.6    Global Green Packaging Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.3    Latin America
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Middle East and Africa
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
9    North America Green Packaging Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Green Packaging Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Green Packaging Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Green Packaging Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Green Packaging Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis
17    Competitive Landscape

    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Amcor plc  
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Financial Summary
            17.2.1.5    Certifications
        17.2.2    DuPont de Nemours, Inc.
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Financial Summary
            17.2.2.5    Certifications
        17.2.3    Mondi plc
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Financial Summary
            17.2.3.5    Certifications
        17.2.4    Sealed Air Corporation
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Financial Summary
            17.2.4.5    Certifications
        17.2.5    Plastipak Holdings, Inc., 
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Financial Summary
            17.2.5.5    Certifications
        17.2.6    Others
18    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Green Packaging Market: Key Industry Highlights, 2018 and 2032
2.    Global Green Packaging Historical Market: Breakup by Packaging Type (USD Billion), 2018-2023
3.    Global Green Packaging Market Forecast: Breakup by Packaging Type (USD Billion), 2024-2032
4.    Global Green Packaging Historical Market: Breakup by End Use Industry (USD Billion), 2018-2023
5.    Global Green Packaging Market Forecast: Breakup by End Use Industry (USD Billion), 2024-2032
6.    Global Green Packaging Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Green Packaging Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Green Packaging Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Green Packaging Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Green Packaging Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Green Packaging Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Green Packaging Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Green Packaging Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Green Packaging Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Green Packaging Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Green Packaging Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Green Packaging Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Global Green Packaging Market Structure

Key Questions Answered in the Report

The global green packaging market reached a value of USD 212.59 billion in 2023. 

The market is projected to grow at a CAGR of nearly 6.6% in the forecast period of 2024-2032.

The market is estimated to reach a value of about USD 379.25 billion by 2032.

The major drivers of the market include rising disposable incomes, increasing population, rising awareness of environmental protection, sustainable living, and the rising demands from healthcare, food, and beverage industries.

The stringent governmental regulations on environmental sustainability, as well as the industrial trend of integrating regeneratively manufactured products into the manufacturing process, are the key trends guiding the growth of the market.

The major types of green packaging in the market are recycled content, reusable, and degradable packaging.

The major end uses include food, beverage, healthcare, and personal care industries.

The key players in the global green packaging market are Amcor plc, DuPont de Nemours, Inc., Mondi plc, Sealed Air Corporation, and Plastipak Holdings, Inc., among others.

Analyst Review

The global green packaging market attained a value of USD 212.59 billion in 2023, driven by the increased awareness of environmental protection. Aided by the stringent governmental regulations, the industry is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6.6%. The green packaging market is projected to reach USD 379.25 billion by 2032. 

EMR's meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its types, the market can be segmented into recycled content, reusable, and degradable packaging. On the basis of end-uses, the industry can be categorised into food, beverage, healthcare, and personal care industries. The major regional markets for green packaging are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include Amcor plc, DuPont de Nemours, Inc., Mondi plc, Sealed Air Corporation, and Plastipak Holdings, Inc., among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.  

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