Green Packaging Market Current Scenario and Future Growth Analysis by 2025


Posted April 2, 2021 by rohit890

Green packaging is referred to the use of packaging materials and implementation of manufacturing methods that have low impact on energy consumption and environment.
 
Market Overview

Green packaging is referred to the use of packaging materials and implementation of manufacturing methods that have low impact on energy consumption and environment. Green packaging involves the usage of recyclable and biodegradable materials and thus referred as energy-efficient or sustainable packaging. Furthermore, bio-degradable plastics, bio-based plastics, solid bleach sulfate, and recycled papers are some of the key materials used for the manufacture of green packaging products.

Factors such as wide spread awareness among consumers regarding environmental safety and benefits of green packaging are the key factors propelling growth in green packaging market. Moreover, initiatives of regulatory bodies recommending adoptions of eco-friendly alternatives by the manufacturers, will further boost growth of the green packaging market during the forecast period.

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Market Dynamics

One of the major factors fuelling the growth of green packaging market include rising concerns regarding environmental safety. Further, pollution created by conventional plastics has posed a major threat to the marine ecosystem, since there has been numerous incidents where plastic pollution has emerged as one of the leading causes of deaths of marine animals. Further, rapid adoption of green packaging among the end-use industries is another key factor responsible for the growth of the green packaging market.

This report segments the green packaging market on the basis of material, process type, packaging type, and end-use industry. On the basis of material used, the green packaging market is classified into Paper & Paperboard including solid bleach sulfate, recycled, and others; Plastics including bio-degradable plastics and bio-based plastics; Metals including steel, aluminum, and others; and glass. Based on the process type, the market is classified into recycled content packaging, re-usable packaging, and degradable packaging. On the basis of packaging type, the green packaging market is classified into paper & paperboard packaging, plastic packaging, metal packaging,

Detailed Segmentation:

Global Green Packaging Market, By Material:

Paper & Paperboard

solid bleach sulfate

Recycled

Others

Plastics

Bio degradable plastics

Bio-based plastics

Others

Metals

Steel

Aluminum

Others

The major players operating in the market of green packaging include Amcor Limited, Bemis Company Inc., Sealed Air Corporation, Tetra Laval International SA, Mondi Plc., Sonoco Products Company, Cargill Incorporation, Graham Packaging Company Incorporation, and Huhtamaki OYJ, among others.

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Last Updated April 2, 2021