Sustainable Packaging Industry Size, Share, Growth Rate, Trends, Analysis, Future Scope, Forecast to 2023

Summary

Sustainable Packaging Industry by Packaging Type (Tubes, Bags & Pouches, Corrugated Box and others), By Material (Paper & Paperboard, Glass, Metal, Plastic), By Process (Degradable Packaging, Recycled Packaging, Reusable Packaging), By Application (Personal Care, food & Beverages, Pharmaceuticals and others) and Forecast To 2023

Sustainable Packaging Industry Overview

The global Sustainable Packaging Industry is a very dynamic market and is expected to witness high growth over the forecast period. Packaging plays an essential role in our business by meeting consumer needs for convenience and portability, while protecting and preserving our products throughout the supply chain. In recent years, manufacturers have made a considerable effort of creating environmentally-friendly and sustainable packaging. Quality packaging helps safe and sustainable products. It enables efficient transport and prevents items from spoiling; and differentiates brands on the shelf while giving consumers vital information about products.

The Global market for Sustainable Packaging Industry is expected to grow at ~7% CAGR.

Key Players

• Amcor Limited (Australia)


• Silgan Holdings Inc.( U.S.)


• Bemis Company Inc.( U.S.)


• Sonoco Products Company (U.S.)


• Mondi plc.( Austria)


• The Dow Chemical Company(U.S.)


• Stora Enso Oyj(Finland)


• BASF SE  (Germany)


• Genpak


• LLC(North Carolina)


• DS Smith Plc.( U.K.)


• Smurfit Kappa Group Plc.(Dublin) and others.

Market Segmentation

The global Sustainable Packaging Industry is segmented on the basis of Packaging Type (Tubes, Bags & Pouches, Corrugated Box and others), Material (Paper & Paperboard, Glass, Metal, Plastic), Process (Degradable Packaging, Recycled Packaging, Reusable Packaging), by Application (Personal Care, food & Beverages, Pharmaceutical and others) and by geography (North America, Europe, Asia Pacific, RoW).

Regional Analysis

Geographically, Asia Pacific is expected to be a leading revenue contributor throughout the forecast period. Europe and North America will also account for a large combined share in the revenue. North America accounted for second largest market in sustainable packaging owing to stringent environmental regulations taken by government for the environmental safety. In North America, U.S. captured the biggest Sustainable Packaging Industry in 2016. Further, increasing research and development activities by major key players is also predicted to bolster the growth of Sustainable Packaging Industry. Europe is expected to witness a tremendous growth during the forecast period. U.K. and France are the major countries witnessing the augmented demand for sustainable packaging, owing to growing environmental concerns. Global Sustainable Packaging Industry is expected to flourish at a CAGR of more than 7% over the forecast period. Further, growing awareness about the benefits of sustainable packaging, is the key growth driver of global Sustainable Packaging Industry.

Scope of the report

This study provides an overview of the global Sustainable Packaging Industry, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Sustainable Packaging Industry by its packaging type, material, process, application and region.

By Packaging Type

• Tubes


• Bags & Pouches


• Corrugated Box


• Others

By Material

• Paper & Paperboard


• Glass


• Metal


• Plastic

By Process

• Degradable Packaging


• Recycled Packaging


• Reusable Packaging

By Application

• Pharmaceutical


• Food & Beverages


• Personal Care


• Others

By Region

• North America 


• Asia Pacific 


• Europe


• Rest of the World

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