The Green Packaging Market is predicted to witness significant demand during the forecast period owing to it’s increasing use in various applications such as Food & Beverages, Health Care, Personal Care, and Others.

Leading players in the green packaging market are focusing on different organic and inorganic business development strategies to strengthen their position in the global market. Increasing government campaigns educating consumers about eco-friendly products and harmful effects of toxic packaging materials are expected to drive the global green packaging market during the forecast period. Non-biodegradable plastic has proved detrimental to the health of the environment by causing various ill effects, such as landfills, soil pollution, and loss of soil fertility.

Segment Analysis:

Green packaging maintains the shelf line of the product and reduces the adverse effects on the environment. Bioplastic or green packaging materials have zero CO2 emissions. The growing e-commerce sector and government restrictions on plastic packaging are expected to drive the global green packaging market. However, the high cost of recycling and variations in raw material prices may hamper market growth.

Due to stringent government regulations and legislation, manufacturers are constrained to choose green packaging options over conventional packaging. Moreover, the need to reduce source material through down-gauging and create thinner and lighter packaging is the major driver for the growth of the green packaging market.

Key Factors Impacting Market Growth:

• Change in preferences towards sustainable packaging materials
• Strict government regulation on non-degradable plastics
• Increasing health and hygiene concerns 

Regional Analysis:

The green packaging market by region has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America, Western Europe, and Asia Pacific are estimated to be major regions for the green packaging market during the forecast period. The high growth of supply chain activities to cater various industries and development of packaging solutions is key to the growth of the green packaging market in this region. In addition to this development of cold chain systems to cater perishable goods and government regulations on packaging waste disposal is also governing the demand for green packaging market in this region. Major industry applications in these regions are Food & Beverages, Health Care, Personal Care, and Others. The Asia Pacific amongst this with increasing trade activities and industrial growth is estimated to be one of the fastest-growing markets during the forecast period. Middle East region promises a strong market potential during the forecast period. The diversification of economic activities leading to industrial growth is key to the demand for the green packaging market in this region. South America and Africa are emerging regions in terms of market demand during the forecast period.

Companies Covered: Amcor Limited, Mondi Limited, E. I. DuPont de Nemours and Company, Sealed Air Corporation, Ardagh Group Co., PlastiPak Holdings, Inc., Bemis Company, Inc., Uflex limited, TetraPak International S.A., and ELOPAK AS

Market Segmentation:

By Type:

• Degradable Packaging
• Reusable Packaging
  • Drum
  • Plastic Container
  • Other
• Recycled Content Packaging
  • Paper
  • Plastic
  • Metal
  • Glass
  • Other

By Application:

• Food & Beverage
• Health Care
• Personal Care
• Others

By Region:

• North America
  • By Country (US, Canada, Mexico)
  • By Type
  • By Application
• Western Europe
  • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
  • By Type
  • By Application
• Eastern Europe
  • By Country (Russia, Turkey, Rest of Eastern Europe)
  • By Type
  • By Application
• Asia Pacific
  • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
  • By Type
  • By Application
• Middle East
  • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
  • By Type
  • By Application
• Rest of the World
  • By Region (South America, Africa)
  • By Type
  • By Application

Reasons to Buy This Report:

• Market size estimation of the global green packaging market on a regional and global basis
• Unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

• By Segment
• By Sub-segment
• By Region/Country

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