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Sustainable Packaging Market Size, Share, Trends, Growth Outlook

Sustainable Packaging Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Material (Paper and Paperboard, Plastic, Metal, Glass) , By Function(Active Packaging, Molded pulp Packaging, Alternate Fiber Packaging) By Process ( Recycled Content Packaging, Reusable Packaging, Degradable Packaging),By Layer (Primary, Secondary, Tertiary) ,By Application ( Food and Beverage Packaging, Healthcare Packaging, Personal Care Packaging, Others), and Companies Report

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  • |Published Month : November, 2024
  • |No. of Pages : 180

The Global Sustainable Packaging Market Size is estimated to register 7.5% growth over the forecast period from 2023 to 2030.

 

The market growth is driven by an increasing integration of technology into sustainable packaging solutions is gaining traction. Smart packaging incorporates sensors, RFID tags, or QR codes to enable better tracking, enhance product information, and improve supply chain transparency. Leading Companies focusing on Personalized and Customizable Sustainable Packaging, Blockchain Integration for Transparency and Authentication, Lifecycle Assessment and Carbon Neutrality, and others to boost market shares in the industry.

 

Market Overview

The sustainable packaging market has experienced substantial growth, fueled by increasing consumer environmental awareness, regulatory pressures, and a shift toward eco-friendly materials like biodegradable plastics and recycled content. Circular economy practices, emphasizing recycling and reusing packaging, are gaining prominence, while innovations in smart packaging and collaborative industry initiatives are shaping the market. Challenges include the cost of sustainable materials and infrastructure limitations for recycling. The market is dynamic, and companies are balancing sustainability goals and practical considerations for effective and environmentally responsible packaging.

 

Market Dynamics

Market Trends- Circular Economy Principles are Key to Sustainable Packaging Solutions.

Embracing circular economy principles is pivotal for sustainable packaging solutions. This involves designing packaging for recyclability, reusability, and reduced environmental impact. Successful case studies illustrate such approaches' economic and environmental benefits, highlighting collaborative efforts across the supply chain. Consumer education plays a crucial role in promoting recycling and proper disposal practices. Technological innovations, including blockchain and smart packaging, enhance transparency and traceability in recycling processes. The regulatory landscape further influences the adoption of circular packaging strategies, emphasizing the need for businesses to align with sustainability goals.

 

Market Driver- Sustainable Packaging Solutions Require Biodegradable and Compostable Materials

Sustainable packaging solutions necessitate the integration of biodegradable and compostable materials, including innovations in bioplastics derived from plant sources. Consumer awareness drives demand for eco-friendly packaging, influencing companies to adopt these materials. Biodegradable and compostable packaging aligns with circular economy principles, contributing to closed-loop systems for a sustainable packaging ecosystem. The regulatory landscape plays a crucial role, with standards and certifications validating the environmental claims of these materials. Challenges include cost and scalability, while ongoing research aims to address these issues, presenting business opportunities in the growing market for sustainable packaging.

 

Market Opportunity- Minimizing packaging waste and adopting lightweighting strategies are crucial for sustainable packaging.

Crucial for sustainable packaging, minimizing waste, and adopting lightweighting strategies involve innovative designs that prioritize material efficiency and consumer preferences. Advanced technologies and materials, such as 3D printing, contribute to the lightweighting of packaging, resulting in cost savings, reduced carbon emissions, and positive environmental impacts. The alignment of lightweight packaging with circular economy principles emphasizes resource efficiency and facilitates recycling within closed-loop systems. Regulatory trends further encourage businesses to adopt these strategies, reflecting a broader commitment to sustainable packaging practices.

 

Market Share Analysis- Paper and Paperboard Sustainable Packaging Market will register the fastest growth

The Global Sustainable Packaging Market is analyzed across Paper and Paperboard, Plastic, Metal, Glass, and others. Paper and Paperboard is poised to register the fastest growth. The paper and paperboard sustainable packaging market has seen significant growth driven by the adoption of renewable and biodegradable materials, particularly in response to consumer demand for eco-friendly options and regulatory support for sustainable practices. Circular economy principles are actively applied, emphasizing recycling and reusing materials to reduce overall packaging waste. Ongoing innovations in paper packaging technologies address challenges such as moisture resistance and strength. While the industry faces concerns like deforestation, collaborative initiatives and responsible sourcing efforts are underway to advance sustainability goals.

 

Market Share Analysis- Active Packaging held a significant market share in 2023

The Global Sustainable Packaging Market is analyzed across various functions including Active Packaging, Molded Pulp Packaging, Alternate Fiber Packaging, and others. Of these, Active Packaging held a significant market share in 2023. Active packaging in the sustainable packaging market involves technologies designed to interact with the environment and extend the shelf life of products. These technologies, such as oxygen scavengers and antimicrobial coatings, contribute to food waste reduction and align with circular economy principles by enhancing product longevity. As consumer awareness of sustainability grows, the integration of active packaging solutions is on the rise, driven by the goal of minimizing food waste and reducing the environmental impact of packaging materials.

 

Sustainable Packaging Market Segmentation

By Material

  • Paper and Paperboard
  • Plastic
  • Metal
  • Glass

By Function

  • Active Packaging
  • Molded pulp Packaging
  • Alternate Fiber Packaging

By Process

  • Recycled Content Packaging
  • Reusable Packaging
  • Degradable Packaging

By Layer

  • Primary
  • Secondary
  • Tertiary

By Application

  • Food and Beverage Packaging
  • Healthcare Packaging
  • Personal Care Packaging
  • Others

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Sustainable Packaging Market Companies

  • Tetra Laval International S.A. (Switzerland)
  • Amcor Limited (Australia)
  • Bemis Company Inc (United States)
  • Mondi plc (South Africa)
  • WestRock Company (United States)
  • BASF SE (Germany)
  • Sonoco Products Company (United States)
  • Huhtamaki OYJ (Finland)
  • Smurfit Kappa Group PLC (United States)
  • Sealed Air Corporation (United States)

*List not exhaustive

 

Sustainable Packaging Market Outlook 2023

1 Market Overview

1.1 Introduction to the Sustainable Packaging Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Sustainable Packaging Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Sustainable Packaging Market Companies with Area Served

4.2.2 Products Offerings Global Sustainable Packaging Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 post-COVID-19 Scenario- Low Growth Case

5.1.3 post-COVID-19 Scenario- Reference Growth Case

5.1.4 post-COVID-19 Scenario- Low Growth Case

 

6 Global Sustainable Packaging Market Trends

6.1 Global Sustainable Packaging Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Sustainable Packaging Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Sustainable Packaging Revenue (USD Million) and CAGR (%) by regions (2018-2030)

 

7 Global Sustainable Packaging Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Sustainable Packaging Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Sustainable Packaging Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Sustainable Packaging Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Sustainable Packaging Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Sustainable Packaging Development Regional Status and Outlook

8.1 Global Sustainable Packaging Revenue (USD Million) By Regions (2018-2022)

8.2 North America Sustainable Packaging Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Sustainable Packaging Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Sustainable Packaging Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Sustainable Packaging Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Sustainable Packaging Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Sustainable Packaging Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Sustainable Packaging Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Sustainable Packaging Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Sustainable Packaging Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Sustainable Packaging Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Sustainable Packaging Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Sustainable Packaging Revenue (USD Million) by Applications (2018-2022)

8.5 South America Sustainable Packaging Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Sustainable Packaging Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Sustainable Packaging Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Sustainable Packaging Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Sustainable Packaging Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Sustainable Packaging Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Sustainable Packaging Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Sustainable Packaging Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Sustainable Packaging Market Revenue (USD Million), by Type, and Applications (2023-2030)

10.1 Global Sustainable Packaging Revenue (USD Million) and Market Share (%) by Type (2023-2030)

10.1.1 Global Sustainable Packaging Revenue (USD Million), and Market Share (%) by Type (2023-2030)

10.2 Global Sustainable Packaging Revenue (USD Million) and Market Share (%) by Applications (2023-2030)

10.2.1 Global Sustainable Packaging Revenue (USD Million), and Market Share (%) by Applications (2023-2030)

 

11 Global Sustainable Packaging Development Regional Status and Outlook Forecast

11.1 Global Sustainable Packaging Revenue (USD Million) By Regions (2023-2030)

11.2 North America Sustainable Packaging Revenue (USD Million) by Type, and Applications (2023-2030)

11.2.1 North America Sustainable Packaging Revenue (USD) Million by Country (2023-2030)

11.2.2 North America Sustainable Packaging Revenue (USD Million), by Type (2023-2030)

11.2.3 North America Sustainable Packaging Revenue (USD Million), Market Share (%) by Applications (2023-2030)

11.3 Europe Sustainable Packaging Revenue (USD Million), by Type, and Applications (2023-2030)

11.3.1 Europe Sustainable Packaging Revenue (USD Million), by Country (2023-2030)

11.3.2 Europe Sustainable Packaging Revenue (USD Million), by Type (2023-2030)

11.3.3 Europe Sustainable Packaging Revenue (USD Million), by Applications (2023-2030)

11.4 Asia Pacific Sustainable Packaging Revenue (USD Million) by Type, and Applications (2023-2030)

11.4.1 Asia Pacific Sustainable Packaging Revenue (USD Million), by Country (2023-2030)

11.4.2 Asia Pacific Sustainable Packaging Revenue (USD Million), by Type (2023-2030)

11.4.3 Asia Pacific Sustainable Packaging Revenue (USD Million), by Applications (2023-2030)

11.5 South America Sustainable Packaging Revenue (USD Million), by Type, and Applications (2023-2030)

11.5.1 South America Sustainable Packaging Revenue (USD Million), by Country (2023-2030)

11.5.2 South America Sustainable Packaging Revenue (USD Million), by Type (2023-2030)

11.5.3 South America Sustainable Packaging Revenue (USD Million), by Applications (2023-2030)

11.6 Middle East and Africa Sustainable Packaging Revenue (USD Million), by Type, and Applications (2023-2030)

11.6.1 Middle East and Africa Sustainable Packaging Revenue (USD Million), by region (2023-2030)

11.6.2 Middle East and Africa Sustainable Packaging Revenue (USD Million), by Type (2023-2030)

11.6.3 Middle East and Africa Sustainable Packaging Revenue (USD Million), by Applications (2023-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Sustainable Packaging Market Companies with Areas Served

Table 3 Products Offerings Global Sustainable Packaging Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Sustainable Packaging Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Sustainable Packaging Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Sustainable Packaging Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Sustainable Packaging Revenue (USD Million) By Type (2018-2022)

Table 11 Global Sustainable Packaging Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Sustainable Packaging Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Sustainable Packaging Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Sustainable Packaging Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Sustainable Packaging Market Share (%) By Regions (2018-2022)

Table 16 North America Sustainable Packaging Revenue (USD Million) By Country (2018-2022)

Table 17 North America Sustainable Packaging Revenue (USD Million) By Type (2018-2022)

Table 18 North America Sustainable Packaging Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Sustainable Packaging Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Sustainable Packaging Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Sustainable Packaging Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Sustainable Packaging Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Sustainable Packaging Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Sustainable Packaging Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Sustainable Packaging Revenue (USD Million) By Country (2018-2022)

Table 26 South America Sustainable Packaging Revenue (USD Million) By Type (2018-2022)

Table 27 South America Sustainable Packaging Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Sustainable Packaging Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Sustainable Packaging Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Sustainable Packaging Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Sustainable Packaging Revenue (USD Million) By Type (2023-2030)

Table 33 Global Sustainable Packaging Revenue Market Share (%) By Type (2023-2030)

Table 34 Global Sustainable Packaging Revenue (USD Million) By Applications (2023-2030)

Table 35 Global Sustainable Packaging Revenue Market Share (%) By Applications (2023-2030)

Table 36 Global Sustainable Packaging Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)

Table 37 North America Sustainable Packaging Revenue (USD)By Country (2023-2030)

Table 38 North America Sustainable Packaging Revenue (USD Million) By Type (2023-2030)

Table 39 North America Sustainable Packaging Revenue (USD Million) By Applications (2023-2030)

Table 40 Europe Sustainable Packaging Revenue (USD Million) By Country (2023-2030)

Table 41 Europe Sustainable Packaging Revenue (USD Million) By Type (2023-2030)

Table 42 Europe Sustainable Packaging Revenue (USD Million) By Applications (2023-2030)

Table 43 Asia Pacific Sustainable Packaging Revenue (USD Million) By Country (2023-2030)

Table 44 Asia Pacific Sustainable Packaging Revenue (USD Million) By Type (2023-2030)

Table 45 Asia Pacific Sustainable Packaging Revenue (USD Million) By Applications (2023-2030)

Table 46 South America Sustainable Packaging Revenue (USD Million) By Country (2023-2030)

Table 47 South America Sustainable Packaging Revenue (USD Million) By Type (2023-2030)

Table 48 South America Sustainable Packaging Revenue (USD Million) By Applications (2023-2030)

Table 49 Middle East and Africa Sustainable Packaging Revenue (USD Million) By Region (2023-2030)

Table 50 Middle East and Africa Sustainable Packaging Revenue (USD Million) By Region (2023-2030)

Table 51 Middle East and Africa Sustainable Packaging Revenue (USD Million) By Type (2023-2030)

Table 52 Middle East and Africa Sustainable Packaging Revenue (USD Million) By Applications (2023-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Sustainable Packaging Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Sustainable Packaging Revenue Market Share (%) By Type (2022)

Figure 5 Global Sustainable Packaging Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Sustainable Packaging Revenue Market Share (%) By Applications (2022)

Figure 7 Global Sustainable Packaging Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Sustainable Packaging Market Share (%) By Regions (2022)

Figure 9 North America Sustainable Packaging Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Sustainable Packaging Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Sustainable Packaging Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Sustainable Packaging Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Sustainable Packaging Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Sustainable Packaging Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Sustainable Packaging Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Sustainable Packaging Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Sustainable Packaging Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Sustainable Packaging Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Sustainable Packaging Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Sustainable Packaging Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Sustainable Packaging Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Sustainable Packaging Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Sustainable Packaging Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Sustainable Packaging Revenue (USD Million) By Type (2023-2030)

Figure 25 Global Sustainable Packaging Revenue Market Share (%) By Type (2030)

Figure 26 Global Sustainable Packaging Revenue (USD Million) By Applications (2023-2030)

Figure 27 Global Sustainable Packaging Revenue Market Share (%) By Applications (2030)

Figure 28 Global Sustainable Packaging Market Revenue (USD Million) By Regions (2023-2030)

Figure 29 North America Sustainable Packaging Revenue (USD Million) By Country (2023-2030)

Figure 30 North America Sustainable Packaging Revenue (USD Million) By Type (2023-2030)

Figure 31 North America Sustainable Packaging Revenue (USD Million) By Applications (2023-2030)

Figure 32 Europe Sustainable Packaging Revenue (USD Million) By Country (2023-2030)

Figure 33 Europe Sustainable Packaging Revenue (USD Million) By Type (2023-2030)

Figure 34 Europe Sustainable Packaging Revenue (USD Million) By Applications (2023-2030)

Figure 35 Asia Pacific Sustainable Packaging Revenue (USD Million) By Country (2023-2030)

Figure 36 Asia Pacific Sustainable Packaging Revenue (USD Million) By Type (2023-2030)

Figure 37 Asia Pacific Sustainable Packaging Revenue (USD Million) By Applications (2023-2030)

Figure 38 South America Sustainable Packaging Revenue (USD Million) By Country (2023-2030)

Figure 39 South America Sustainable Packaging Revenue (USD Million) By Type (2023-2030)

Figure 40 South America Sustainable Packaging Revenue (USD Million) By Applications (2023-2030)

Figure 41 Middle East and Africa Sustainable Packaging Revenue (USD Million) By Region (2023-2030)

Figure 42 Middle East and Africa Sustainable Packaging Revenue (USD Million) By Region (2023-2030)

Figure 43 Middle East and Africa Sustainable Packaging Revenue (USD Million) By Type (2023-2030)

Figure 44 Middle East and Africa Sustainable Packaging Revenue (USD Million) By Applications (2023-2030)

Figure 45 Bottom-Up and Top-Down Approaches for This Report

Figure 46 Data Triangulation

 

Sustainable Packaging Market Segmentation

By Material

  • Paper and Paperboard
  • Plastic
  • Metal
  • Glass

By Function

  • Active Packaging
  • Molded pulp Packaging
  • Alternate Fiber Packaging

By Process

  • Recycled Content Packaging
  • Reusable Packaging
  • Degradable Packaging

By Layer

  • Primary
  • Secondary
  • Tertiary

By Application

  • Food and Beverage Packaging
  • Healthcare Packaging
  • Personal Care Packaging
  • Others

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)