Sustainable Packaging: Global Markets

Report Code: PLS121B

Publish Date: Sep 2024

Publisher: BCC Publishing

Category: Plastics

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Report Highlights

The global market for sustainable packaging is estimated to increase from $278.1 billion in 2023 to reach $391.1 billion by 2029, at a compound annual growth rate (CAGR) of 6.0% from 2024 through 2029.

Report Includes

  • 54 data tables and 49 additional tables
  • An overview of the global market for sustainable packaging
  • Analyses of the global market trends, with data from 2021-2023, estimates for 2024, and projections of compound annual growth rates (CAGRs) through 2029
  • Evaluation of the market potential for sustainable packaging materials, based on material, process, end use, region and country
  • Coverage of the latest technological developments in the industry
  • Discussion of environmental issues concerning the use of plastic packaging material, the production of eco-friendly material packaging for food and beverages and consumer goods industries and the stringent government regulation of packaging materials
  • Overview of the sustainability trends and ESG developments in the industry, with emphasis on the ESG practices followed by leading companies, their ESG ratings, and consumer attitudes
  • Competitive intelligence, including companies’ market shares, recent M&A activity and venture funding
  • Company profiles of major players within the industry, including Amcor, Berry Global Inc., International Paper, Smurfit Westrock, and Sealed Air

Report Scope

This report analyzes the global sustainable packaging market, segmenting it based on material, process, and end user. Materials include paper, plastic, metal, and others (such as glass, wood, and textile). The paper-based packaging segment is further divided into corrugated/cardboard, boxboard/carton board, and flexible paper. Plastic-based packaging is divided into flexible and rigid packaging.

Based on the process, the market is further segmented into recycled, reusable, and biodegradable and bio-based packaging. The sustainable packaging market is segmented based on end user into food and beverage, industrial and chemical, healthcare, personal and home care, and others.

These market segments are analyzed at the global and regional levels. The base year for this analysis is 2023, and market estimates and forecasts are given from 2024 through 2029. The market estimates are provided in terms of revenue (in millions of U.S. dollars).

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2024-2029
Base year market size $278.1 billion
Market size forecast $391.1 billion
Growth rate CAGR of 6.0% for the forecast period of 2024-2029
Units considered $ Millions
Segments covered Material, Process, End User
Regions covered North America, Europe, Asia-Pacific, Rest of the World
Countries covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, Japan, China, India, South East Asia, South America, Middle East and Africa
Key Market Drivers
  • Increase in Recyclability of Paper and Paper Packaging
  • High Demand for Recycled Material-Based Packaging
  • Growth in Reusable Packaging to Achieve Efficiency and Environmental Goals
Companies studied
3MAMCOR PLC
ARDAGH GROUP S.A.BALL CORP.
BERRY GLOBAL INC.DUPONT
HUHTAMAKIINTERNATIONAL PAPER
MONDI NATUREWORKS LLC.
PLASTIPAK HOLDINGS INC.SONOCO PRODUCTS CO.
STOELZLE GLASS GROUPSMURFIT WESTROCK
SEALED AIR TETRA PAK INTERNATIONAL S.A.
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Frequently Asked Questions (FAQs)

The sustainable packaging market is projected to grow from $278.1 billion in 2023 to $391.1 billion in 2029 at a compound annual growth rate (CAGR) of 6.0% during the forecast period.
The key factors driving the growth of the sustainable packaging market include:
  • Increase in recyclability of paper and paper packaging.
  • High demand for recycled materials-based packaging.
  • Growth in reusable packaging to achieve efficiency and environmental goals.
The sustainable packaging market is segmented based on material, process, end user, and region.
The paper segment will dominate the market by the end of 2029 in terms of value.
Europe holds the highest share of the market by value. A few major factors propelling the European market are the presence of several sustainable packaging manufacturing companies in the region, technological advancements, and stringent regulation on the use of single-use plastic packaging.
Key companies in the market include Amcor plc, Plastipak Holding Inc., Berry Global Group Inc., International Paper, Smurfit Westrock, and Sealed Air.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Sustainable Packaging: Global Markets141Free
Chapter- 1: Executive Summary4Free
Chapter- 2: Market Overview9Free
Chapter- 3: Market Dynamics8Free
Chapter- 4: Regulatory Landscape3Free
Chapter- 5: Emerging Technologies5Free
Chapter- 6: Market Segmentation Analysis 52Free
Chapter- 7: Competitive Landscape5Free
Chapter- 8: Sustainability in Sustainable Packaging Industry: An ESG Perspective4Free
Chapter- 9: Appendix51Free
Published - Jun-2022| Analyst - BCC Publishing| Code - PLS121A

Report Highlights

The global sustainable packaging market should reach $351.4 billion by 2027 from $263.8 billion in 2022 at a compound annual growth rate (CAGR) of 5.9% for the forecast period of 2022 to 2027.

Report Includes

  • 103 data tables and 27 additional tables
  • An overview of the global market for sustainable packaging
  • Estimation of the market size and analyses of global market trends, with data from 2021, estimates for 2022, with projections of compound annual growth rates (CAGRs) through 2027
  • Highlights of the market potential for sustainable packaging material, based on material, process, application, region and country, and coverage of history and latest technological developments of the industry
  • Description of environmental issues concerning the use of plastic material packaging and discussion on production of eco-friendly material packaging by various initiatives across supply chain of food and beverages and consumer goods
  • Information on innovative new materials, leading-edge technologies and stringent government regulation for packaging materials
  • Market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances and other key market strategies
  • Comprehensive company profiles of the leading players, including Amcor Ltd., Berry Global Inc., Huhtamaki, Nampak Ltd. and Tetra Laval

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Sustainable Packaging: Global Markets
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