Sustainable Packaging Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Description
Sustainable Packaging Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Sustainable Packaging Market
The Sustainable Packaging market size was valued at USD 310 billion in 2023, and the market is now projected to grow from USD 329 billion in 2024 to USD 518 billion by 2032, exhibiting a CAGR of 6.70% during the forecast period of 2024-2032.
In the havoc of the pandemic several packaging industries were led to shut down or halt in the production yet, the e-commerce, pharmaceutical, and food & refreshment businesses seen a significant rise in deals amid the widespread, which boosted the request for green packaging arrangements. With a shoot up in packaging waste due to the expanded online shopping patterns amid the widespread, numerous businesses investigated economical and eco-friendly packaging arrangements that impelled the sustainable packaging market growth.
The prevailing utilization of plant-based materials for bundling has picked up gigantic footing within the individual care & makeup industry owing to its recyclable, reusable, and degradable properties. The rising request for eco-friendly bundling arrangements from these businesses is boosting the development of market. In expansion, a few beauty care products and individual care items brands are requesting such eco-friendly packaging arrangements, which, in turn, develops as a basic drift.
Request for environmentally friendly and compostable packaging arrangements is expanding due to consumers' rising mindfulness related to environmental issues. Compostable packaging arrangements are basic as they offer assistance reduce an expansive portion of plastic contamination by driving it absent from conduits and landfills. It moreover diminishes the nursery gas outflows from organics. Companies are trying to find ways to cut off their carbon impression and satisfy the expanding request for economical item bundling, extending from eco-friendly and biodegradable bundling arrangements to renewable materials.
Comprehensive Analysis of Sustainable Packaging Market
The sustainable packaging market structure on the material analysis is divided into metal, glass, plastic, paper and paperboard. Above all the material division paper and paperboard is characterized as the most prominent. The product type analysis in the sustainable packaging market is partitioned into mailers, boxes and cartons, films and wraps, bottles and cans, bags and pouches. The most leading portion of the product type is termed as the bags and pouches. On the reference of application segment, the market is fragmented into pharmaceuticals, e-commerce, personal care and cosmetics, consumer goods, food and beverages. The most vital notion for human food and beverages to lead the application segment.
The territory of North America stands out to be the most overwhelming within the sustainable packaging market share with a valuation of over USD 100.75 billion. The developing government directions, changing customer inclinations, nearness of top players and food packaging producers within the U.S., and supportability activities are the major variables affecting the advertise development within the North American region. The region's well-established paper & paperboard reusing framework moreover contributes to the market development.
The market pool is comprised of certain major player as: Ball Corporation (U.S.), Amcor Plc (Switzerland), Mondi Group (U.K.), Berry Global (U.S.), Westrock Company (U.S.), DS Smith (U.K.), Sonoco Products Company (U.S.), Crown Holdings Inc. (U.S.), Sealed Air Corporation (U.S.), International Paper (U.S.), Tetra Pak International S.A. (Switzerland) and many more. The worldwide sustainable packaging market is profoundly divided and competitive with the above major operating players. Many critical players are dominating the market by advertising inventive packaging solutions within the bundling industry. These major players continually centering on growing their client base over districts by improving their existing item extend.
In August 2023, Leading packaging manufacturer Sonoco Products Company has declared the launch of new sustainable packaging solutions with two EnviroFlex Paper Pre-qualifications, especially for the How2Recycle® Labeling range.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2017-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2017-2021
Growth Rate CAGR of 6.70% from 2023 to 2030
Unit Value (USD Billion)
Segmentation By Material, Product Type, Application, and Region
Segmentation By Material
Paper & Paperboard
Glass
Plastic
Metal
Others
By Product Type
Boxes & Cartons
Bags & Pouches
Bottles & Cans
Films & Wraps
Trays
Mailers
Others
By Application
Food & Beverages
Personal Care & Cosmetics
Pharmaceuticals
Consumer Goods
E-commerce
Others
By Region
North America (By Material, Product Type, Application, and Country)
U.S. (By Material)
Canada (By Material)
Europe (By Material, Product Type, Application, and Country)
Germany (By Material)
UK (By Material)
France (By Material)
Italy (By Material)
Spain (By Material)
Russia (By Material)
Poland (By Material)
Romania (By Material)
Rest of Europe (By Material)
Asia Pacific (By Material, Product Type, Application, and Country)
China (By Material)
India (By Material)
Japan (By Material)
Australia (By Material)
South Korea (By Material)
Southeast Asia (By Material)
Rest of Asia Pacific (By Material)
Latin America (By Material, Product Type, Application, and Country)
Brazil (By Material)
Mexico (By Material)
Argentina (By Material)
Rest of Latin America (By Material)
Middle East & Africa (By Material, Product Type, Application, and Country)
Saudi Arabia (By Material)
UAE (By Material)
Oman (By Material)
South Africa (By Material)
Rest of the Middle East & Africa (By Material)
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Table of Contents
210 Pages
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Porter’s Five Forces Analysis
- 4.5. Impact of COVID-19 on the Sustainable Packaging Market
- 5. Global Sustainable Packaging Market Analysis (USD Billion), Insights and Forecast, 2017-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Material
- 5.2.1. Paper & Paperboard
- 5.2.2. Glass
- 5.2.3. Plastic
- 5.2.4. Metal
- 5.2.5. Others
- 5.3. Market Analysis, Insights and Forecast – By Product Type
- 5.3.1. Boxes & Cartons
- 5.3.2. Bags & Pouches
- 5.3.3. Bottles & Cans
- 5.3.4. Films & Wraps
- 5.3.5. Trays
- 5.3.6. Mailers
- 5.3.7. Others
- 5.4. Market Analysis, Insights and Forecast – By Application
- 5.4.1. Food & Beverages
- 5.4.2. Personal Care & Cosmetics
- 5.4.3. Pharmaceuticals
- 5.4.4. Consumer Goods
- 5.4.5. E-commerce
- 5.4.6. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America
- 5.5.5. Middle East & Africa
- 6. North America Sustainable Packaging Market Analysis (USD Billion), Insights and Forecast, 2017-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Material
- 6.2.1. Paper & Paperboard
- 6.2.2. Glass
- 6.2.3. Plastic
- 6.2.4. Metal
- 6.2.5. Others
- 6.3. Market Analysis, Insights and Forecast – By Product Type
- 6.3.1. Boxes & Cartons
- 6.3.2. Bags & Pouches
- 6.3.3. Bottles & Cans
- 6.3.4. Films & Wraps
- 6.3.5. Trays
- 6.3.6. Mailers
- 6.3.7. Others
- 6.4. Market Analysis, Insights and Forecast – By Application
- 6.4.1. Food & Beverages
- 6.4.2. Personal Care & Cosmetics
- 6.4.3. Pharmaceuticals
- 6.4.4. Consumer Goods
- 6.4.5. E-commerce
- 6.4.6. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S. Market Analysis, Insights and Forecast – By Material
- 6.5.1.1. Paper & Paperboard
- 6.5.1.2. Glass
- 6.5.1.3. Plastic
- 6.5.1.4. Metal
- 6.5.1.5. Others
- 6.5.2. Canada Market Analysis, Insights and Forecast – By Material
- 6.5.2.1. Paper & Paperboard
- 6.5.2.2. Glass
- 6.5.2.3. Plastic
- 6.5.2.4. Metal
- 6.5.2.5. Others
- 7. Europe Sustainable Packaging Market Analysis (USD Billion), Insights and Forecast, 2017-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Material
- 7.2.1. Paper & Paperboard
- 7.2.2. Glass
- 7.2.3. Plastic
- 7.2.4. Metal
- 7.2.5. Others
- 7.3. Market Analysis, Insights and Forecast – By Product Type
- 7.3.1. Boxes & Cartons
- 7.3.2. Bags & Pouches
- 7.3.3. Bottles & Cans
- 7.3.4. Films & Wraps
- 7.3.5. Trays
- 7.3.6. Mailers
- 7.3.7. Others
- 7.4. Market Analysis, Insights and Forecast – By Application
- 7.4.1. Food & Beverages
- 7.4.2. Personal Care & Cosmetics
- 7.4.3. Pharmaceuticals
- 7.4.4. Consumer Goods
- 7.4.5. E-commerce
- 7.4.6. Others
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. Germany Market Analysis, Insights and Forecast – By Material
- 7.5.1.1. Paper & Paperboard
- 7.5.1.2. Glass
- 7.5.1.3. Plastic
- 7.5.1.4. Metal
- 7.5.1.5. Others
- 7.5.2. UK Market Analysis, Insights and Forecast – By Material
- 7.5.2.1. Paper & Paperboard
- 7.5.2.2. Glass
- 7.5.2.3. Plastic
- 7.5.2.4. Metal
- 7.5.2.5. Others
- 7.5.3. France Market Analysis, Insights and Forecast – By Material
- 7.5.3.1. Paper & Paperboard
- 7.5.3.2. Glass
- 7.5.3.3. Plastic
- 7.5.3.4. Metal
- 7.5.3.5. Others
- 7.5.4. Italy Market Analysis, Insights and Forecast – By Material
- 7.5.4.1. Paper & Paperboard
- 7.5.4.2. Glass
- 7.5.4.3. Plastic
- 7.5.4.4. Metal
- 7.5.4.5. Others
- 7.5.5. Spain Market Analysis, Insights and Forecast – By Material
- 7.5.5.1. Paper & Paperboard
- 7.5.5.2. Glass
- 7.5.5.3. Plastic
- 7.5.5.4. Metal
- 7.5.5.5. Others
- 7.5.6. Russia Market Analysis, Insights and Forecast – By Material
- 7.5.6.1. Paper & Paperboard
- 7.5.6.2. Glass
- 7.5.6.3. Plastic
- 7.5.6.4. Metal
- 7.5.6.5. Others
- 7.5.7. Poland Market Analysis, Insights and Forecast – By Material
- 7.5.7.1. Paper & Paperboard
- 7.5.7.2. Glass
- 7.5.7.3. Plastic
- 7.5.7.4. Metal
- 7.5.7.5. Others
- 7.5.8. Romania Market Analysis, Insights and Forecast – By Material
- 7.5.8.1. Paper & Paperboard
- 7.5.8.2. Glass
- 7.5.8.3. Plastic
- 7.5.8.4. Metal
- 7.5.8.5. Others
- 7.5.9. Rest of Europe Market Analysis, Insights and Forecast – By Material
- 7.5.9.1. Paper & Paperboard
- 7.5.9.2. Glass
- 7.5.9.3. Plastic
- 7.5.9.4. Metal
- 7.5.9.5. Others
- 8. Asia Pacific Sustainable Packaging Market Analysis (USD Billion), Insights and Forecast, 2017-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Material
- 8.2.1. Paper & Paperboard
- 8.2.2. Glass
- 8.2.3. Plastic
- 8.2.4. Metal
- 8.2.5. Others
- 8.3. Market Analysis, Insights and Forecast – By Product Type
- 8.3.1. Boxes & Cartons
- 8.3.2. Bags & Pouches
- 8.3.3. Bottles & Cans
- 8.3.4. Films & Wraps
- 8.3.5. Trays
- 8.3.6. Mailers
- 8.3.7. Others
- 8.4. Market Analysis, Insights and Forecast – By Application
- 8.4.1. Food & Beverages
- 8.4.2. Personal Care & Cosmetics
- 8.4.3. Pharmaceuticals
- 8.4.4. Consumer Goods
- 8.4.5. E-commerce
- 8.4.6. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China Market Analysis, Insights and Forecast – By Material
- 8.5.1.1. Paper & Paperboard
- 8.5.1.2. Glass
- 8.5.1.3. Plastic
- 8.5.1.4. Metal
- 8.5.1.5. Others
- 8.5.2. India Market Analysis, Insights and Forecast – By Material
- 8.5.2.1. Paper & Paperboard
- 8.5.2.2. Glass
- 8.5.2.3. Plastic
- 8.5.2.4. Metal
- 8.5.2.5. Others
- 8.5.3. Japan Market Analysis, Insights and Forecast – By Material
- 8.5.3.1. Paper & Paperboard
- 8.5.3.2. Glass
- 8.5.3.3. Plastic
- 8.5.3.4. Metal
- 8.5.3.5. Others
- 8.5.4. Australia Market Analysis, Insights and Forecast – By Material
- 8.5.4.1. Paper & Paperboard
- 8.5.4.2. Glass
- 8.5.4.3. Plastic
- 8.5.4.4. Metal
- 8.5.4.5. Others
- 8.5.5. South Korea Market Analysis, Insights and Forecast – By Material
- 8.5.5.1. Paper & Paperboard
- 8.5.5.2. Glass
- 8.5.5.3. Plastic
- 8.5.5.4. Metal
- 8.5.5.5. Others
- 8.5.6. Southeast Asia Market Analysis, Insights and Forecast – By Material
- 8.5.6.1. Paper & Paperboard
- 8.5.6.2. Glass
- 8.5.6.3. Plastic
- 8.5.6.4. Metal
- 8.5.6.5. Others
- 8.5.7. Rest of Asia Pacific Market Analysis, Insights and Forecast – By Material
- 8.5.7.1. Paper & Paperboard
- 8.5.7.2. Glass
- 8.5.7.3. Plastic
- 8.5.7.4. Metal
- 8.5.7.5. Others
- 9. Latin America Sustainable Packaging Market Analysis (USD Billion), Insights and Forecast, 2017-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Material
- 9.2.1. Paper & Paperboard
- 9.2.2. Glass
- 9.2.3. Plastic
- 9.2.4. Metal
- 9.2.5. Others
- 9.3. Market Analysis, Insights and Forecast – By Product Type
- 9.3.1. Boxes & Cartons
- 9.3.2. Bags & Pouches
- 9.3.3. Bottles & Cans
- 9.3.4. Films & Wraps
- 9.3.5. Trays
- 9.3.6. Mailers
- 9.3.7. Others
- 9.4. Market Analysis, Insights and Forecast – By Application
- 9.4.1. Food & Beverages
- 9.4.2. Personal Care & Cosmetics
- 9.4.3. Pharmaceuticals
- 9.4.4. Consumer Goods
- 9.4.5. E-commerce
- 9.4.6. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil Market Analysis, Insights and Forecast – By Material
- 9.5.1.1. Paper & Paperboard
- 9.5.1.2. Glass
- 9.5.1.3. Plastic
- 9.5.1.4. Metal
- 9.5.1.5. Others
- 9.5.2. Mexico Market Analysis, Insights and Forecast – By Material
- 9.5.2.1. Paper & Paperboard
- 9.5.2.2. Glass
- 9.5.2.3. Plastic
- 9.5.2.4. Metal
- 9.5.2.5. Others
- 9.5.3. Argentina Market Analysis, Insights and Forecast – By Material
- 9.5.3.1. Paper & Paperboard
- 9.5.3.2. Glass
- 9.5.3.3. Plastic
- 9.5.3.4. Metal
- 9.5.3.5. Others
- 9.5.4. Rest of Latin America Market Analysis, Insights and Forecast – By Material
- 9.5.4.1. Paper & Paperboard
- 9.5.4.2. Glass
- 9.5.4.3. Plastic
- 9.5.4.4. Metal
- 9.5.4.5. Others
- 10. Middle East & Africa Sustainable Packaging Market Analysis (USD Billion), Insights and Forecast, 2017-2030
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Material
- 10.2.1. Paper & Paperboard
- 10.2.2. Glass
- 10.2.3. Plastic
- 10.2.4. Metal
- 10.2.5. Others
- 10.3. Market Analysis, Insights and Forecast – By Product Type
- 10.3.1. Boxes & Cartons
- 10.3.2. Bags & Pouches
- 10.3.3. Bottles & Cans
- 10.3.4. Films & Wraps
- 10.3.5. Trays
- 10.3.6. Mailers
- 10.3.7. Others
- 10.4. Market Analysis, Insights and Forecast – By Application
- 10.4.1. Food & Beverages
- 10.4.2. Personal Care & Cosmetics
- 10.4.3. Pharmaceuticals
- 10.4.4. Consumer Goods
- 10.4.5. E-commerce
- 10.4.6. Others
- 10.5. Market Analysis, Insights and Forecast – By Country
- 10.5.1. Saudi Arabia Market Analysis, Insights and Forecast – By Material
- 10.5.1.1. Paper & Paperboard
- 10.5.1.2. Glass
- 10.5.1.3. Plastic
- 10.5.1.4. Metal
- 10.5.1.5. Others
- 10.5.2. UAE Market Analysis, Insights and Forecast – By Material
- 10.5.2.1. Paper & Paperboard
- 10.5.2.2. Glass
- 10.5.2.3. Plastic
- 10.5.2.4. Metal
- 10.5.2.5. Others
- 10.5.3. Oman Market Analysis, Insights and Forecast – By Material
- 10.5.3.1. Paper & Paperboard
- 10.5.3.2. Glass
- 10.5.3.3. Plastic
- 10.5.3.4. Metal
- 10.5.3.5. Others
- 10.5.4. South Africa Market Analysis, Insights and Forecast – By Material
- 10.5.4.1. Paper & Paperboard
- 10.5.4.2. Glass
- 10.5.4.3. Plastic
- 10.5.4.4. Metal
- 10.5.4.5. Others
- 10.5.5. Rest of Middle East & Africa Market Analysis, Insights and Forecast – By Material
- 10.5.5.1. Paper & Paperboard
- 10.5.5.2. Glass
- 10.5.5.3. Plastic
- 10.5.5.4. Metal
- 10.5.5.5. Others
- 11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2022
- 11.2. Company Profile
- 11.2.1. Amcor Plc
- 11.2.1.1. Business Overview
- 11.2.1.2. Product & Service Offering
- 11.2.1.3. Financials
- 11.2.1.4. Recent Development
- 11.2.2. Ardagh Group S.A.
- 11.2.2.1. Business Overview
- 11.2.2.2. Product & Service Offering
- 11.2.2.3. Financials
- 11.2.2.4. Recent Development
- 11.2.3. Ball Corporation
- 11.2.3.1. Business Overview
- 11.2.3.2. Product & Service Offering
- 11.2.3.3. Financials
- 11.2.3.4. Recent Development
- 11.2.4. Crown Holdings Inc.
- 11.2.4.1. Business Overview
- 11.2.4.2. Product & Service Offering
- 11.2.4.3. Financials
- 11.2.4.4. Recent Development
- 11.2.5. DS Smith
- 11.2.5.1. Business Overview
- 11.2.5.2. Product & Service Offering
- 11.2.5.3. Financials
- 11.2.5.4. Recent Development
- 11.2.6. Sealed Air Corporation
- 11.2.6.1. Business Overview
- 11.2.6.2. Product & Service Offering
- 11.2.6.3. Financials
- 11.2.6.4. Recent Development
- 11.2.7. Mondi Group
- 11.2.7.1. Business Overview
- 11.2.7.2. Product & Service Offering
- 11.2.7.3. Financials
- 11.2.7.4. Recent Development
- 11.2.8. Sonoco Products Company
- 11.2.8.1. Business Overview
- 11.2.8.2. Product & Service Offering
- 11.2.8.3. Financials
- 11.2.8.4. Recent Development
- 11.2.9. Tetra Pak International S.A.
- 11.2.9.1. Business Overview
- 11.2.9.2. Product & Service Offering
- 11.2.9.3. Financials
- 11.2.9.4. Recent Development
- 11.2.10. Westrock Company
- 11.2.10.1. Business Overview
- 11.2.10.2. Product & Service Offering
- 11.2.10.3. Financials
- 11.2.10.4. Recent Development
- 11.2.11. Smurfit Kappa
- 11.2.11.1. Business Overview
- 11.2.11.2. Product & Service Offering
- 11.2.11.3. Financials
- 11.2.11.4. Recent Development
- 11.2.12. Huhtamaki Oyj
- 11.2.12.1. Business Overview
- 11.2.12.2. Product & Service Offering
- 11.2.12.3. Financials
- 11.2.12.4. Recent Development
- 11.2.13. International Paper
- 11.2.13.1. Business Overview
- 11.2.13.2. Product & Service Offering
- 11.2.13.3. Financials
- 11.2.13.4. Recent Development
- 11.2.14. Berry Global
- 11.2.14.1. Business Overview
- 11.2.14.2. Product & Service Offering
- 11.2.14.3. Financials
- 11.2.14.4. Recent Development
- 11.2.15. Gerresheimer AG
- 11.2.15.1. Business Overview
- 11.2.15.2. Product & Service Offering
- 11.2.15.3. Financials
- 11.2.15.4. Recent Development
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