Green Packaging Materials – A Global Market Overview

January 2024 | 294 pages | ID: GAA3DEF8493CEN
Industry Experts

Abstracts

Green Packaging Materials Market Trends and Outlook

Green Packaging also called as sustainable packaging makes use of eco-friendly materials such as bioplastics, recyclable paper & plastics, plant-based biomaterials, organic fabrics and repurposed goods to make packages. On a daily basis, companies, such as Amazon, FedEx and UPS ship millions of packages, with only Amazon shipping 13 million every day and 5 billion prime packages annually. The environmental impact of cardboard boxes is much lower than that of plastic and Styrofoam packages due to being non-degradable and non-recyclable. The volume of waste generated by regular packaging materials stands at over 80 million tons annually, accounting for nearly 28% share of the total waste generated. Costs involved include US$30 per ton in recycling waste, US$50 per ton in transporting waste to a landfill and US$65-75 for burning the same waste, thereby further harming the environment by the release of hazardous gases. All these factors come into play when assessing the need for more eco-friendly packaging materials.

The Green Packaging Materials market globally is likely to clock a CAGR of 6.9% during the 2024-2030 analysis period and reach a projected US$464.3 billion by 2030 from an estimated US$311.4 billion in 2024.

Green Packaging Materials are much in demand for various reasons and the primary factors driving the market comprise government regulations promoting a cleaner environment, initiatives by food & beverage companies to package products in greener alternatives, research & development efforts aimed at creating more sustainable green packaging and greater use of bioplastics.

Green Packaging Materials Regional Market Analysis

Europe and North America are the two largest global markets for Green Packaging Materials, followed by Asia-Pacific, South America and Middle East & Africa. An already existing consumer awareness in both the aforementioned regions about the detrimental ecological impact of plastic packaging materials has promoted the demand for Green Packaging Materials, especially in the food & beverage and healthcare & pharma sectors. On the other hand, Asia-Pacific is likely to be the fastest growing global market for Green Packaging Materials, owing to urbanization, a growing middle class population that demands sustainable products & packaging and greater awareness about the benefits offered by these materials. Several countries in the region have regulated or even banned the use of environmentally-harmful packaging materials, because of which a perceptible shift towards eco-friendly solutions has been observed. South America and Middle East & Africa represent other regions where this trend is noticeable and will likely continue.

Green Packaging Materials Analysis by Type

By type, the market for Green Packaging Materials can be categorized into Recycled Content Packaging (including Paper, Metal, Plastic & Glass), Reusable Packaging (including Drums, Plastic Containers & Intermediate Bulk Containers) and Degradable Packaging. Recycled Content Packaging represents the largest type of Green Packaging Material used, owing to the fact that recycled plastics, such as polyethylene terephthalate (PET) and high-density polyethylene (HDPE) are among the most widely used to make bottles, pouches and containers because of being cost-effective. Impressive growth is likely to be posted by Recycled Content Packaging derived from Paper, since certain properties of paper, such as waterproofing, can be enhanced by treating it with coatings and laminates, thereby improving its effectiveness for several applications.

Green Packaging Materials Analysis by End-Use Industry

The primary end-user industries of Green Packaging Materials include Chemicals, Consumer Products, Food & Beverage, Healthcare & Pharma and Personal Care. Food & Beverage is the clear leader among these sectors in terms of demand for Green Packaging Materials, which can be attributed to growing recognition of sustainable packaging solutions, such as compostable and molded pulp. These are frequently utilized for packaging fast foods, takeaway meals, frozen foods, dairy products, beverages and also pet foods. The Healthcare & Pharma industry, however, is anticipated to record the fastest CAGR for Green Packaging Materials during the analysis period. The reasons for this include conformation to stringent regulations regarding product integrity, wider use of glass packaging in pharmaceutical applications and the use of recyclable aluminum foil for packaging medications.

Green Packaging Materials Market Report Scope

This global report on Green Packaging Materials analyzes the market based on type and end-use industry. In addition to providing profiles of major companies operating in this space, the latest corporate and industrial developments have been covered to offer a clear panorama of how and where the market is progressing.

Key Metrics

Historical Period: 2021-2023

Base Year: 2023

Forecast Period: 2024-2030

Units: Value market in US$

Companies Mentioned: 50+

Green Packaging Materials Market by Geographic Region

• North America (The United States, Canada and Mexico)
• Europe (France, Germany, Italy, Russia, Spain, The United Kingdom and Rest of Europe)
• Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)
• South America (Argentina, Brazil and Rest of South America)
• Middle East & Africa

Green Packaging Materials Market by Type

• Degradable Packaging
• Recycled Content Packaging
• Glass
• Metal
• Paper
• Plastic
• Reusable Packaging
• Drums
• Intermediate Bulk Containers
• Plastic Containers

Green Packaging Materials Market by End-Use Industry

• Chemicals
• Consumer Products
• Food & Beverages
• Healthcare & Pharma
• Personal Care

Contents

PART A: GLOBAL MARKET PERSPECTIVE

1. INTRODUCTION
Product Outline
Green Packaging Materials Defined
Green Packaging Materials Types
Degradable Packaging
Recycled Content Packaging
Glass
Metal
Paper
Plastic
Reusable Packaging
Drums
Intermediate Bulk Containers
Plastic Containers
Green Packaging Materials End-Use Industries
Chemicals
Consumer Products
Food & Beverage
Healthcare & Pharmaceuticals
Personal Care
2. Key Market Trends
3. Key Global Players
Amcor Ltd
Ardagh Group SA
Ball Corp
BASF SE
Be Green Packaging
Bemis Co Inc.
BillerudKorsnas AB
Braskem SA
CTI Paper USA
Canadian Paper Packaging Ltd.
Canfor Corp
Cargill, Inc.
Carustar Industries, Inc.
Cascades, Inc.
Coveris Holding SA
Crown Holdings, Inc.
DS Smith PLC
Daio Paper Construction
Dart Container Corp
Detmold Group
Duni AB
E. I. DuPont De Nemours And Company
Ecolean AB
Elopak AS
Emerald Packaging
Evergreen Packaging LLC
Fujian Qingshan Paper Co Ltd.
Gascogne Papier
Genus Paper and Boards Limited
Georgia-Pacific
Glatfelter Engineered Materials
Goodwin Robbins Packaging Company, Inc.
Huhtamaki Oyj
International Paper
Klabin SA
Nampak Ltd
Nordic Paper
Novolex Holdings, Inc.
Oji Holdings Corporation
Pactiv LLC
PlastiPak Holdings, Inc.
Printpak, Inc.
RKW Group
Rexam Plc
Reynolds Group Holdings
Sagheza Group
Sealed Air Corp
SCG Packaging
SGF Packaging Co Ltd
Smurfit Kappa Group PLC
Sonoco Products Co
Stora Enso
TetraPak International SA
The Mondi Group Plc
Tokushu Tokai Paper Co Ltd
Uflex Ltd
Vegware Ltd
WestRock Co
Winpak Ltd
4. Key Business & Product Trends
5. Global Market Overview
Global Green Packaging Materials Market Overview by Type
Green Packaging Materials Type Market Overview by Global Region
Degradable Packaging
Recycled Content Packaging
Glass
Metal
Paper
Plastic
Reusable Packaging
Drums
Intermediate Bulk Containers
Plastic Containers
Global Green Packaging Materials Market Overview by End-Use Industry
Green Packaging Materials End-Use Industry Market Overview by Global Region
Chemicals
Consumer Products
Food & Beverage
Healthcare & Pharmaceuticals
Personal Care

PART B: REGIONAL MARKET PERSPECTIVE

Global Green Packaging Materials Market Overview by Geographic Region
REGIONAL MARKET OVERVIEW
6. North America
North American Green Packaging Materials Market Overview by Geographic Region
North American Green Packaging Materials Market Overview by Type
North American Green Packaging Materials Market Overview by End-Use Industry
Country-wise Analysis of North American Green Packaging Materials Market
The United States
United States Green Packaging Materials Market Overview by Type
United States Green Packaging Materials Market Overview by End-Use Industry
Canada
Canadian Green Packaging Materials Market Overview by Type
Canadian Green Packaging Materials Market Overview by End-Use Industry
Mexico
Mexican Green Packaging Materials Market Overview by Type
Mexican Green Packaging Materials Market Overview by End-Use Industry
7. Europe
European Green Packaging Materials Market Overview by Geographic Region
European Green Packaging Materials Market Overview by Type
European Green Packaging Materials Market Overview by End-Use Industry
Country-wise Analysis of European Green Packaging Materials Market
France
French Green Packaging Materials Market Overview by Type
French Green Packaging Materials Market Overview by End-Use Industry
Germany
German Green Packaging Materials Market Overview by Type
German Green Packaging Materials Market Overview by End-Use Industry
Italy
Italian Green Packaging Materials Market Overview by Type
Italian Green Packaging Materials Market Overview by End-Use Industry
Russia
Russian Green Packaging Materials Market Overview by Type
Russian Green Packaging Materials Market Overview by End-Use Industry
Spain
Spanish Green Packaging Materials Market Overview by Type
Spanish Green Packaging Materials Market Overview by End-Use Industry
The United Kingdom
United Kingdom Green Packaging Materials Market Overview by Type
United Kingdom Green Packaging Materials Market Overview by End-Use Industry
Rest of Europe
Rest of Europe Green Packaging Materials Market Overview by Type
Rest of Europe Green Packaging Materials Market Overview by End-Use Industry
8. Asia-Pacific
Asia-Pacific Green Packaging Materials Market Overview by Geographic Region
Asia-Pacific Green Packaging Materials Market Overview by Type
Asia-Pacific Green Packaging Materials Market Overview by End-Use Industry
Country-wise Analysis of Asia-Pacific Green Packaging Materials Market
China
Chinese Green Packaging Materials Market Overview by Type
Chinese Green Packaging Materials Market Overview by End-Use Industry
India
Indian Green Packaging Materials Market Overview by Type
Indian Green Packaging Materials Market Overview by End-Use Industry
Japan
Japanese Green Packaging Materials Market Overview by Type
Japanese Green Packaging Materials Market Overview by End-Use Industry
South Korea
South Korean Green Packaging Materials Market Overview by Type
South Korean Green Packaging Materials Market Overview by End-Use Industry
Rest of Asia-Pacific
Rest of Asia-Pacific Green Packaging Materials Market Overview by Type
Rest of Asia-Pacific Green Packaging Materials Market Overview by End-Use Industry
9. South America
South American Green Packaging Materials Market Overview by Geographic Region
South American Green Packaging Materials Market Overview by Type
South American Green Packaging Materials Market Overview by End-Use Industry
Country-wise Analysis of South American Green Packaging Materials Market
Argentina
Argentine Green Packaging Materials Market Overview by Type
Argentine Green Packaging Materials Market Overview by End-Use Industry
Brazil
Brazilian Green Packaging Materials Market Overview by Type
Brazilian Green Packaging Materials Market Overview by End-Use Industry
Rest of South America
Rest of South American Green Packaging Materials Market Overview by Type
Rest of South American Green Packaging Materials Market Overview by End-Use Industry
10. Middle East & Africa
Middle East & Africa Green Packaging Materials Market Overview by Type
Middle East & Africa Green Packaging Materials Market Overview by End-Use Industry

PART C: GUIDE TO THE INDUSTRY

PART D: ANNEXURE

1. RESEARCH METHODOLOGY
2. FEEDBACK