Green Packaging Market
PUBLISHED: 2024 ID: SMRC27904
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Green Packaging Market

Green Packaging Market Forecasts to 2030 - Global Analysis By Type (Recycled Content Packaging, Reusable Packaging, Degradable Packaging and Other Types), Material, Application and By Geography

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4.9 (57 reviews)
Published: 2024 ID: SMRC27904

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Green Packaging Market is accounted for $330.2 million in 2024 and is expected to reach $538.8 million by 2030 growing at a CAGR of 8.5% during the forecast period. Green packaging, also known as sustainable or eco-friendly packaging, is a sustainable solution that minimizes environmental impact by using recyclable, biodegradable, or renewable materials. It aims to reduce waste and carbon footprints associated with traditional packaging methods. Common materials used include recycled paper, plant-based plastics, and biodegradable substances from organic materials. Green packaging practices often involve energy-efficient manufacturing processes using renewable energy sources. 

According to a report published by the National Bureau of Statistics of China, 4.89 million tons of plastic were produced in China in 2019 compared to 6.12 million in 2020, which represents a significant percentage of the global plastic production. 

Market Dynamics: 

Driver: 

Increasing consumer demand for sustainable packaging solutions

Consumer behaviour is shifting towards sustainable packaging, with a significant percentage willing to pay a premium for products made from sustainable materials. This trend encourages companies to adopt green packaging solutions like biodegradable materials and recycled content. Companies are also incorporating sustainability into their business models, with major brands committing to eco-friendly materials and pledging to transition entirely to eco-friendly materials by specific deadlines. 

Restraint:

Limited availability of sustainable materials

Sustainable materials like bioplastics, recycled materials, and plant-based alternatives are expensive to source and produce due to limited supply, making it difficult for companies to maintain competitive pricing. This may reduce the adoption of green packaging solutions, especially among cost-sensitive businesses and consumers. In addition supply chain constraints can also arise due to the scarcity of sustainable materials, affecting production schedules and limiting the ability to scale up green packaging offerings.

Opportunity:

Stricter regulations around waste management

Stricter regulations encourage companies to invest in sustainable materials like biodegradable plastics, recycled content, and compostable solutions. Packaging manufacturers are innovating to meet regulatory standards while maintaining durability, safety, and appeal. This focus on recyclable and biodegradable packaging materials increases demand, benefiting companies specializing in recyclable plastics, compostable containers, or fiber-based packaging, and expanding market share for these products.

Threat:

Infrastructure challenges

Increased landfill trash results from regions' frequent lack of suitable recycling facilities and waste management systems for environmentally friendly packaging materials. By resulting in materials ending up in landfills rather than being recycled or composted, this undercuts the environmental advantages of green packaging. Disparities in consumer access to sustainable packaging alternatives are another effect of infrastructure issues, which restricts market demand and may discourage manufacturers from making investments in sustainable materials. 

Covid-19 Impact

The market for green packaging was damaged by COVID-19 because it momentarily shifted focus toward safety and cleanliness, which raised demand for plastics and single-use packaging. But it also raised awareness of sustainability, which prompted many firms to restate their environmentally friendly objectives. Reusable, recyclable, and biodegradable packaging is growing as businesses try to strike a balance between sustainability and safety as a result of the post-pandemic consumer and regulatory attention on waste reduction and environmental effect.

The recycled content packaging segment is expected to be the largest during the forecast period

Over the estimation period, the recycled content packaging segment is likely to capture the largest market share because recycled content packaging is a sustainable and environmentally friendly alternative to virgin materials. It reduces energy consumption and greenhouse gas emissions, aligns with regulatory standards, and appeals to environmentally conscious consumers. This approach also supports circular economy initiatives, encourages continuous material reuse, reduces landfill waste, and drives innovation in packaging design and material recovery processes. 

The paper & paperboard segment is expected to have the highest CAGR during the forecast period

The paper & paperboard segment is projected to have the highest CAGR in the green packaging market during the extrapolated period, since paper and paperboard are renewable materials that come from forests that are managed responsibly. About 75% of paperboard goods are recycled, supporting a circular economy and the Forest Stewardship Council (FSC) guarantees ethical harvesting. With one of the greatest recycling rates (68–81%) in different locations each year, paper and paperboard are a popular choice for customers who care about the environment since they reduce waste and conserve resources.

Region with largest share:

The Asia Pacific region is projected to account for the largest market share during the forecast period because of the high population density and rising consumption of convenient foods and drinks. Furthermore, as consumer concerns about the environment rise, green packaging producers in China, India, Japan, and South Korea are focusing more on sustainable packaging solutions, which is expected to help the regional market. Asia has easy access to the raw materials needed to make cartons, bags, boxes, and other packaging equipment. Positive effects on the market are also anticipated.

Region with highest CAGR:

Over the forecasted timeframe, the North America region is anticipated to exhibit the highest CAGR, owing to governments in the U.S. and Canada are implementing strict regulations to reduce plastic waste and promote recycling, including bans on single-use plastics and incentives for recycled materials. Businesses are also adopting green packaging as part of their corporate social responsibility (CSR) strategies to enhance brand image and meet consumer expectations propelling the markets regional growth.

Key players in the market

Some of the key players profiled in the Green Packaging Market include Amcor plc, Ardagh Group SA, Ball Corporation, Be Green Packaging, Bemis Company, Inc., Caraustar Industries Incorporated, Cargill Incorporated, DS Smith Plc, DuPont, Evergreen Packaging LLC, Mondi, Nampak Ltd., PlastiPak Holdings, Inc., Sealed Air Corporation, Tetra Laval and Uflex limited 

Key Developments:

In October 2024, Cargill launched new cocoa production line in Indonesia to meet growing Asian consumers’ demand for indulgent foods. Cargill expects high growth in these indulgence categories in coming years, driven by consumer demand for multi-sensorial experiences, healthy indulgence, and conscious consumption.

In May 2024, Amcor is developing and producing responsible packaging solutions, and AVON, a cosmetics, skin care and personal care pioneer with a 135-year history, and announced the launch of the AmPrima™ Plus refill pouch for the AVON Little Black Dress classic shower gels in China.

In April 2024, Amcor together with Kimberly Clark has launched packaging for its Eco Protect diapers with 30% recycled materials in Peru. The bags contain post-consumer recycled content and provide a more sustainable packaging solution for the hypoallergenic diapers made with certified, plant-based fibers.

Types Covered:
• Recycled Content Packaging 
• Reusable Packaging 
• Degradable Packaging 
• Other Types 

Materials Covered:
• Paper & Paperboard 
• Plastic 
• Metal 
• Glass 
• Other Materials 

Applications Covered:
• Food & Beverage 
• Personal Care 
• Healthcare 
• Electronics 
• Other Applications  

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary        
          
2 Preface         

 2.1 Abstract        
 2.2 Stake Holders       
 2.3 Research Scope       
 2.4 Research Methodology      
  2.4.1 Data Mining      
  2.4.2 Data Analysis      
  2.4.3 Data Validation      
  2.4.4 Research Approach      
 2.5 Research Sources       
  2.5.1 Primary Research Sources     
  2.5.2 Secondary Research Sources     
  2.5.3 Assumptions      
          
3 Market Trend Analysis       
 3.1 Introduction       
 3.2 Drivers        
 3.3 Restraints       
 3.4 Opportunities       
 3.5 Threats        
 3.6 Application Analysis      
 3.7 Emerging Markets       
 3.8 Impact of Covid-19       
          
4 Porters Five Force Analysis       
 4.1 Bargaining power of suppliers      
 4.2 Bargaining power of buyers      
 4.3 Threat of substitutes      
 4.4 Threat of new entrants      
 4.5 Competitive rivalry       
          
5 Global Green Packaging Market, By Type      
 5.1 Introduction       
 5.2 Recycled Content Packaging      
 5.3 Reusable Packaging       
 5.4 Degradable Packaging      
 5.5 Other Types       
          
6 Global Green Packaging Market, By Material     
 6.1 Introduction       
 6.2 Paper & Paperboard      
 6.3 Plastic        
 6.4 Metal        
 6.5 Glass        
 6.6 Other Materials       
          
7 Global Green Packaging Market, By Application     
 7.1 Introduction       
 7.2 Food & Beverage       
 7.3 Personal Care       
 7.4 Healthcare       
 7.5 Electronics       
 7.6 Other Applications       
          
8 Global Green Packaging Market, By Geography     
 8.1 Introduction       
 8.2 North America       
  8.2.1 US       
  8.2.2 Canada       
  8.2.3 Mexico       
 8.3 Europe        
  8.3.1 Germany       
  8.3.2 UK       
  8.3.3 Italy       
  8.3.4 France       
  8.3.5 Spain       
  8.3.6 Rest of Europe      
 8.4 Asia Pacific       
  8.4.1 Japan       
  8.4.2 China       
  8.4.3 India       
  8.4.4 Australia       
  8.4.5 New Zealand      
  8.4.6 South Korea      
  8.4.7 Rest of Asia Pacific      
 8.5 South America       
  8.5.1 Argentina      
  8.5.2 Brazil       
  8.5.3 Chile       
  8.5.4 Rest of South America     
 8.6 Middle East & Africa      
  8.6.1 Saudi Arabia      
  8.6.2 UAE       
  8.6.3 Qatar       
  8.6.4 South Africa      
  8.6.5 Rest of Middle East & Africa     
          
9 Key Developments        
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures   
 9.2 Acquisitions & Mergers      
 9.3 New Product Launch      
 9.4 Expansions       
 9.5 Other Key Strategies      
          
10 Company Profiling        
 10.1 Amcor plc       
 10.2 Ardagh Group SA      
 10.3 Ball Corporation       
 10.4 Be Green Packaging       
 10.5 Bemis Company, Inc.      
 10.6 Caraustar Industries Incorporated     
 10.7 Cargill Incorporated       
 10.8 DS Smith Plc       
 10.9 DuPont        
 10.10 Evergreen Packaging LLC      
 10.11 Mondi        
 10.12 Nampak Ltd.       
 10.13 PlastiPak Holdings, Inc.      
 10.14 Sealed Air Corporation      
 10.15 Tetra Laval       
 10.16 Uflex limited       
          
List of Tables         
1 Global Green Packaging Market Outlook, By Region (2022-2030) ($MN)   
2 Global Green Packaging Market Outlook, By Type (2022-2030) ($MN)   
3 Global Green Packaging Market Outlook, By Recycled Content Packaging (2022-2030) ($MN) 
4 Global Green Packaging Market Outlook, By Reusable Packaging (2022-2030) ($MN)  
5 Global Green Packaging Market Outlook, By Degradable Packaging (2022-2030) ($MN) 
6 Global Green Packaging Market Outlook, By Other Types (2022-2030) ($MN)  
7 Global Green Packaging Market Outlook, By Material (2022-2030) ($MN)   
8 Global Green Packaging Market Outlook, By Paper & Paperboard (2022-2030) ($MN) 
9 Global Green Packaging Market Outlook, By Plastic (2022-2030) ($MN)   
10 Global Green Packaging Market Outlook, By Metal (2022-2030) ($MN)   
11 Global Green Packaging Market Outlook, By Glass (2022-2030) ($MN)   
12 Global Green Packaging Market Outlook, By Other Materials (2022-2030) ($MN)  
13 Global Green Packaging Market Outlook, By Application (2022-2030) ($MN)  
14 Global Green Packaging Market Outlook, By Food & Beverage (2022-2030) ($MN)  
15 Global Green Packaging Market Outlook, By Personal Care (2022-2030) ($MN)  
16 Global Green Packaging Market Outlook, By Healthcare (2022-2030) ($MN)  
17 Global Green Packaging Market Outlook, By Electronics (2022-2030) ($MN)  
18 Global Green Packaging Market Outlook, By Other Applications (2022-2030) ($MN)  
19 North America Green Packaging Market Outlook, By Country (2022-2030) ($MN)  
20 North America Green Packaging Market Outlook, By Type (2022-2030) ($MN)  
21 North America Green Packaging Market Outlook, By Recycled Content Packaging (2022-2030) ($MN)
22 North America Green Packaging Market Outlook, By Reusable Packaging (2022-2030) ($MN) 
23 North America Green Packaging Market Outlook, By Degradable Packaging (2022-2030) ($MN) 
24 North America Green Packaging Market Outlook, By Other Types (2022-2030) ($MN) 
25 North America Green Packaging Market Outlook, By Material (2022-2030) ($MN)  
26 North America Green Packaging Market Outlook, By Paper & Paperboard (2022-2030) ($MN) 
27 North America Green Packaging Market Outlook, By Plastic (2022-2030) ($MN)  
28 North America Green Packaging Market Outlook, By Metal (2022-2030) ($MN)  
29 North America Green Packaging Market Outlook, By Glass (2022-2030) ($MN)  
30 North America Green Packaging Market Outlook, By Other Materials (2022-2030) ($MN) 
31 North America Green Packaging Market Outlook, By Application (2022-2030) ($MN)  
32 North America Green Packaging Market Outlook, By Food & Beverage (2022-2030) ($MN) 
33 North America Green Packaging Market Outlook, By Personal Care (2022-2030) ($MN) 
34 North America Green Packaging Market Outlook, By Healthcare (2022-2030) ($MN)  
35 North America Green Packaging Market Outlook, By Electronics (2022-2030) ($MN)  
36 North America Green Packaging Market Outlook, By Other Applications (2022-2030) ($MN) 
37 Europe Green Packaging Market Outlook, By Country (2022-2030) ($MN)   
38 Europe Green Packaging Market Outlook, By Type (2022-2030) ($MN)   
39 Europe Green Packaging Market Outlook, By Recycled Content Packaging (2022-2030) ($MN) 
40 Europe Green Packaging Market Outlook, By Reusable Packaging (2022-2030) ($MN) 
41 Europe Green Packaging Market Outlook, By Degradable Packaging (2022-2030) ($MN) 
42 Europe Green Packaging Market Outlook, By Other Types (2022-2030) ($MN)  
43 Europe Green Packaging Market Outlook, By Material (2022-2030) ($MN)   
44 Europe Green Packaging Market Outlook, By Paper & Paperboard (2022-2030) ($MN) 
45 Europe Green Packaging Market Outlook, By Plastic (2022-2030) ($MN)   
46 Europe Green Packaging Market Outlook, By Metal (2022-2030) ($MN)   
47 Europe Green Packaging Market Outlook, By Glass (2022-2030) ($MN)   
48 Europe Green Packaging Market Outlook, By Other Materials (2022-2030) ($MN)  
49 Europe Green Packaging Market Outlook, By Application (2022-2030) ($MN)  
50 Europe Green Packaging Market Outlook, By Food & Beverage (2022-2030) ($MN)  
51 Europe Green Packaging Market Outlook, By Personal Care (2022-2030) ($MN)  
52 Europe Green Packaging Market Outlook, By Healthcare (2022-2030) ($MN)  
53 Europe Green Packaging Market Outlook, By Electronics (2022-2030) ($MN)  
54 Europe Green Packaging Market Outlook, By Other Applications (2022-2030) ($MN)  
55 Asia Pacific Green Packaging Market Outlook, By Country (2022-2030) ($MN)  
56 Asia Pacific Green Packaging Market Outlook, By Type (2022-2030) ($MN)  
57 Asia Pacific Green Packaging Market Outlook, By Recycled Content Packaging (2022-2030) ($MN)
58 Asia Pacific Green Packaging Market Outlook, By Reusable Packaging (2022-2030) ($MN) 
59 Asia Pacific Green Packaging Market Outlook, By Degradable Packaging (2022-2030) ($MN) 
60 Asia Pacific Green Packaging Market Outlook, By Other Types (2022-2030) ($MN)  
61 Asia Pacific Green Packaging Market Outlook, By Material (2022-2030) ($MN)  
62 Asia Pacific Green Packaging Market Outlook, By Paper & Paperboard (2022-2030) ($MN) 
63 Asia Pacific Green Packaging Market Outlook, By Plastic (2022-2030) ($MN)  
64 Asia Pacific Green Packaging Market Outlook, By Metal (2022-2030) ($MN)  
65 Asia Pacific Green Packaging Market Outlook, By Glass (2022-2030) ($MN)  
66 Asia Pacific Green Packaging Market Outlook, By Other Materials (2022-2030) ($MN) 
67 Asia Pacific Green Packaging Market Outlook, By Application (2022-2030) ($MN)  
68 Asia Pacific Green Packaging Market Outlook, By Food & Beverage (2022-2030) ($MN) 
69 Asia Pacific Green Packaging Market Outlook, By Personal Care (2022-2030) ($MN)  
70 Asia Pacific Green Packaging Market Outlook, By Healthcare (2022-2030) ($MN)  
71 Asia Pacific Green Packaging Market Outlook, By Electronics (2022-2030) ($MN)  
72 Asia Pacific Green Packaging Market Outlook, By Other Applications (2022-2030) ($MN) 
73 South America Green Packaging Market Outlook, By Country (2022-2030) ($MN)  
74 South America Green Packaging Market Outlook, By Type (2022-2030) ($MN)  
75 South America Green Packaging Market Outlook, By Recycled Content Packaging (2022-2030) ($MN)
76 South America Green Packaging Market Outlook, By Reusable Packaging (2022-2030) ($MN) 
77 South America Green Packaging Market Outlook, By Degradable Packaging (2022-2030) ($MN) 
78 South America Green Packaging Market Outlook, By Other Types (2022-2030) ($MN) 
79 South America Green Packaging Market Outlook, By Material (2022-2030) ($MN)  
80 South America Green Packaging Market Outlook, By Paper & Paperboard (2022-2030) ($MN) 
81 South America Green Packaging Market Outlook, By Plastic (2022-2030) ($MN)  
82 South America Green Packaging Market Outlook, By Metal (2022-2030) ($MN)  
83 South America Green Packaging Market Outlook, By Glass (2022-2030) ($MN)  
84 South America Green Packaging Market Outlook, By Other Materials (2022-2030) ($MN) 
85 South America Green Packaging Market Outlook, By Application (2022-2030) ($MN)  
86 South America Green Packaging Market Outlook, By Food & Beverage (2022-2030) ($MN) 
87 South America Green Packaging Market Outlook, By Personal Care (2022-2030) ($MN) 
88 South America Green Packaging Market Outlook, By Healthcare (2022-2030) ($MN)  
89 South America Green Packaging Market Outlook, By Electronics (2022-2030) ($MN)  
90 South America Green Packaging Market Outlook, By Other Applications (2022-2030) ($MN) 
91 Middle East & Africa Green Packaging Market Outlook, By Country (2022-2030) ($MN) 
92 Middle East & Africa Green Packaging Market Outlook, By Type (2022-2030) ($MN)  
93 Middle East & Africa Green Packaging Market Outlook, By Recycled Content Packaging (2022-2030) ($MN)
94 Middle East & Africa Green Packaging Market Outlook, By Reusable Packaging (2022-2030) ($MN)
95 Middle East & Africa Green Packaging Market Outlook, By Degradable Packaging (2022-2030) ($MN)
96 Middle East & Africa Green Packaging Market Outlook, By Other Types (2022-2030) ($MN) 
97 Middle East & Africa Green Packaging Market Outlook, By Material (2022-2030) ($MN) 
98 Middle East & Africa Green Packaging Market Outlook, By Paper & Paperboard (2022-2030) ($MN)
99 Middle East & Africa Green Packaging Market Outlook, By Plastic (2022-2030) ($MN) 
100 Middle East & Africa Green Packaging Market Outlook, By Metal (2022-2030) ($MN)  
101 Middle East & Africa Green Packaging Market Outlook, By Glass (2022-2030) ($MN)  
102 Middle East & Africa Green Packaging Market Outlook, By Other Materials (2022-2030) ($MN) 
103 Middle East & Africa Green Packaging Market Outlook, By Application (2022-2030) ($MN) 
104 Middle East & Africa Green Packaging Market Outlook, By Food & Beverage (2022-2030) ($MN)
105 Middle East & Africa Green Packaging Market Outlook, By Personal Care (2022-2030) ($MN) 
106 Middle East & Africa Green Packaging Market Outlook, By Healthcare (2022-2030) ($MN) 
107 Middle East & Africa Green Packaging Market Outlook, By Electronics (2022-2030) ($MN) 
108 Middle East & Africa Green Packaging Market Outlook, By Other Applications (2022-2030) ($MN)
 

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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