Insights on the global green packaging market to 2028

Dublin, November 22, 2021 (GLOBE NEWSWIRE) – The “Green Packaging Market Size, Share, and Trends Analysis Report by Packaging Type (Recycled, Reusable and Biodegradable), by Application (Food and Beverage, Healthcare), by Region, and Sector Forecast, 2020-2028” Report added to ResearchAndMarkets.com an offer.

The global green packaging market is expected to reach US$441.41 billion by 2028. It is expected to expand at a compound annual growth rate of 6.1% from 2020 to 2028. The green packaging market is expected to be driven by the growing consumer demand for environmentally friendly products and alternatives. For unsustainable packaging products.

Green packaging is experiencing growth due to the increasing environmental concerns caused by packaging waste that ends up in landfills, polluting the environment. Package types classified under green packaging are recyclable, reusable, and biodegradable. They are either used in the same value chain or are degraded in nature without releasing harmful toxins, thus helping companies reduce their negative impact on the environment.

Recyclable and recycled content packaging is the prevalent among all types of green packaging as it is widely used. Plastic, paper, glass and metal are some of the best recycled materials used in this segment of green packaging. Plastic is the most widely used material because it is cost-effective and offers useful properties, such as water resistance and durability. The paper sector is experiencing significant growth due to new packaging designs introduced by companies as part of sustainable initiatives.

The market is likely to witness significant growth in the coming years in the food and beverage sector as many players in the food service industry switch to paper or compostable materials from single-use plastic cups, lids, locks and food trays. The healthcare sector largely uses glass vials and aluminum foil for pharmaceutical packaging, which is expected to grow in the forecast period according to the growth of the pharmaceutical industry.

Highlights of the Green Packaging Market Report

  • In terms of revenue, the food and beverage applications segment is expected to expand at the fastest compound annual growth rate (CAGR) during the forecast period. Shifting consumer sentiment towards eco-friendly packaging is expected to spur the growth of the sector in the coming years

  • By type, recycled content packaging accounted for 61.4% of total revenue in 2019 due to its widespread use and cost-effectiveness. Increasing recycling enterprises, along with circular economy regulations and policies, are likely to encourage the use of recycled content packaging.

  • The growing trend of environmentally friendly practices, such as the use of reusable metal straws, is prompting manufacturers to more adopt green packaging across all industries, including consumer goods and pharmaceuticals. Most packaging industry experts suggest that unsustainable packaging will become obsolete in the coming decades as most packaging will be recycled

  • In January 2019, Kentucky Fried Chicken announced a pledge to eliminate all non-refundable and non-reusable plastic packaging by 2025. The company has certified 100% fiber-based packaging from recycled or certified sources, replacing single-use plastic cutlery

  • In 2018, Procter & Gamble announced a sustainability goal called “Ambition 2030”. The multinational organization planned to make 90% of its packaging recyclable or reusable. The company has partnered with TerraCycle and SUEZ to produce beach-collected, recyclable plastic shampoo bottles.

Main topics covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Market Variables, Trends and Scope
3.1 Forecasting market ratios
3.1.1 Parent Market Outlook: Packaging Market
3.1.2 Relevant market forecast
3.1.2.1 Industrial bulk packaging market
3.1.2.2 Flexible Bulk Container Market
3.1.2.3 Flexible Packaging Market
3.1.2.4 Food Packaging Market
3.1.2.5 Other Emerging Sustainable Packaging Products
3.2 Mapping Penetration and Growth Prospects
3.3 Industry value chain analysis
3.3.1 Raw Material Trends
3.3.1.1 Main Raw Material Analysis
3.3.1.2 Best Purchasing Practices
3.3.2 Manufacturing trends
3.3.3 Analysis of vendor selection criteria
3.4 Technology Overview
3.5 Regulatory Framework
3.5.1 Standards and Compliance
3.5.1.1 International Organization for Standardization
3.5.1.2 Directive 94/62 / Ec on packaging waste
3.5.2 Security
3.5.2.1 Industry Guidance: Use of Recycled Plastic in Food Packaging (Chemical Considerations)
3.6 Market dynamics
3.6.1 Market Driver Analysis
3.6.1.1 Growing Food and Beverage Industry
3.6.1.2 The growing pharmaceutical industry
3.6.1.3 The growing demand for sustainable packaging
3.6.2 Market Constraint Analysis
3.6.2.1 Volatile raw material prices
3.6.3 Industry Challenges
3.6.3.1 Lack of recycling infrastructure
3.7 Business Environment Analysis: Green Packaging Market
3.7.1 Porter’s Analysis
3.7.2 PESTEL . Analysis
3.7.3 Key deals and strategic alliances

Chapter 4. Green Packaging Market: Packaging Type Estimates and Trend Analysis
4.1 Definition and Scope
4.2 Movement Type and Market Share Analysis, 2020 and 2028
4.3 Packaging recycled content
4.3.1 Paper
4.3.1.1 Green Paper Packaging Market Estimate and Forecast, 2017 – 2028 (US$ Billion)
4.3.2 Plastic
4.3.2.1 Green Plastic Packaging Market Estimate and Forecast, 2017 – 2028 (US$ Billion)
4.3.3 Metal
4.3.3.1 Market Estimated and Forecast for Green Metal Packaging, 2017 – 2028 (US$ Billion)
4.3.4 Glass
4.3.4.1 Green Glass Packaging Market Estimate and Forecast, 2017 – 2028 (US$ Billion)
4.3.5 Other
4.3.5.1 Green Packaging Market Estimate and Forecast, for Other Recycled Content Packaging Materials, 2017 – 2028 (US$ Billion)
4.4 Reusable packages
4.4.1 drum
4.4.1.1 Green Packaging Market Estimates and Forecast, for Drum, 2017 – 2028 (US$ Billion)
4.4.2 Plastic containers
4.4.2.1 Green Packaging Market Forecast, For Plastic Containers, 2017 – 2028 (US$ Billion)
4.4.3 Other
4.4.3.1 Green Packaging Market Estimated And Forecast, For Other Reusable Packaging, 2017 – 2028 (US$ Billion)
4.5 biodegradable packs
4.5.1 Green Packaging Market Estimated and Forecast, for Biodegradable Packaging, 2017 – 2028 (US$ Billion)

Chapter 5. Green Packaging Market: Application Estimates and Trend Analysis
5.1 Definition and Scope
5.2 Application Movement and Market Share Analysis, 2020 and 2028
5.3 Food and beverages
5.3.1 Green Packaging Market Estimates And Forecast, From Food And Beverage Application, 2017 – 2028 (US$ Billion)
5.4 Personal care
5.4.1 Green Packaging Market Estimates And Forecast, From Personal Care Application, 2017 – 2028 (US$ Billion)
5.5 Healthcare
5.5.1 Green Packaging Market Estimates And Forecast, From Healthcare Application, 2017 – 2028 (US$ Billion)
5.6 Other
5.6.1 Green Packaging Market Estimates And Forecast, From Other Applications, 2017 – 2028 (US$ Billion)

Chapter 6. Green Packaging Market: Regional Estimates and Trend Analysis

Chapter 7. Competitive Analysis
7.1 Recent developments and impact analysis, by key market participants
7.2 Company/Competition Ranking (Key Innovators, Market Leaders, Emerging Players)
7.3 Landscape Vendor
7.3.1 Analysis of the company’s main market share, 2020
7.4 Public companies
7.4.1 Analysis of the company’s market position
7.4.2 Competitive Dashboard Analysis
7.4.2.1 Synergy Analysis: Key Deals and Strategic Alliances
7.5 Private companies
7.5.1 List of Key Startups / Technology Barriers / Innovators
7.5.2 Analysis of the company’s market position

Chapter 8. Company Profiles
8.1 Amcor plc
8.1.1 Company Overview
8.1.2 Financial performance
8.1.3 Product measurement
8.1.4 Strategic Initiatives
8.2 Green packaging
8.2.1 Company Overview
8.2.2 Financial performance
8.2.3 Product measurement
8.2.4 Strategic initiatives
8.3 DS Smith plc
8.3.1 Company Overview
8.3.2 Financial Performance
8.3.3 Product measurement
8.3.4 Strategic initiatives
8.4 DuPont
8.4.1 Company Overview
8.4.2 Financial performance
8.4.3 Product Size
8.4.4 Strategic initiatives
8.5 Evergreen Packaging Company LLC
8.5.1 Company Overview
8.5.2 Financial Performance
8.5.3 Product Measurement
8.5.4 Strategic Initiatives
8.6 worlds
8.6.1 Company Overview
8.6.2 Financial performance
8.6.3 Product Size
8.6.4 Strategic Initiatives
8.7 Nampak Ltd.
8.7.1 Company Overview
8.7.2 Financial performance
8.7.3 Product Measurement
8.7.4 Strategic Initiatives
8.8 Ball Company
8.8.1 Company Overview
8.8.2 Financial Performance
8.8.3 Product Measurement
8.8.4 Strategic Initiatives
8.9 Air tight
8.9.1 Company Overview
8.9.2 Financial performance
8.9.3 Product Size
8.9.4 Strategic Initiatives
8.10 Tetra Laval
8.10.1 Company Overview
8.10.2 Financial Performance
8.10.3 Product Measurement
8.10.3 Strategic Initiatives

For more information about this report visit https://www.researchandmarkets.com/r/fa03cf

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