GREEN PACKAGING Market is the collection of packaging products that are designed with the aim of achieving sustainability of the environment. These packaging products have a greater life-cycle and can be reused, recycled or are degradable products which do not have a negative impact on the environment. These packaging products are similar to that of conventional products, the difference comes with the manufacturing process and source materials, utilizing environmental friendly products and manufacturing process.
Global green packaging market is expected to rise to an estimated value of USD 277.05 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the growing concerns amongst individuals regarding the environment coupled with increased consumption of re-use packaging products.
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Competitive Analysis: Global GREEN PACKAGING Market
Few of the major competitors currently working in the global green packaging market are Amcor plc; Ardagh Group S.A.; BALL CORPORATION; Braskem; Caraustar; Cascades inc.; Sonoco Products Company; Crown; CKF Inc.; Fabri-Kal; Greif; Huhtamaki; Futamura Group; International Paper; Klabin S.A.; Klöckner Pentaplast; BWAY Corporation; WestRock Company; Mondi; Plastipak Holdings, Inc.; Pregis LLC; Rengo Co., Ltd.; Reynolds; Rodenburg Biopolymers; Schoeller Allibert; SCHÜTZ GmbH & Co. KGaA; Sealed Air; Tetra Pak International S.A.; TOYO SEIKAN KAISHA, Ltd.; Visy; Berry Global Inc.; Uflex Limited; ELOPAK; DS Smith; Plantic; Rootsbiopack; Smurfit Kappa; Georgia-Pacific; Evergreen Packaging LLC; Biomass Packaging; Ecologic Brands Inc.; Gerresheimer AG, Nampak Ltd among others.
Key Pointers Covered in the Global GREEN PACKAGING Market Trends and Forecast to 2026
- Global GREEN PACKAGING Market New Sales Volumes
- Global GREEN PACKAGING Market Replacement Sales Volumes
- Global GREEN PACKAGING Market Installed Base
- Global GREEN PACKAGING Market By Brands
- Global GREEN PACKAGING Market Size
- Global GREEN PACKAGING Market Procedure Volumes
- Global GREEN PACKAGING Market Product Price Analysis
- Global GREEN PACKAGING Market Healthcare Outcomes
- Global GREEN PACKAGING Market Cost of Care Analysis
- Global GREEN PACKAGING Market Regulatory Framework and Changes
- Global GREEN PACKAGING Market Prices and Reimbursement Analysis
- Global GREEN PACKAGING Market Shares in Different Regions
- Recent Developments for Global GREEN PACKAGING Market Competitors
- Global GREEN PACKAGING Market Upcoming Applications
- Global GREEN PACKAGING Market Innovators Study
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Key Developments in the Market:
- In October 2018, Sealed Air announced that they had decided to introduce 100% recyclable innovative packaging offerings to by the year 2025 to their product line. This decision will result in the organization increasing their collaborations with other companies present in the market, utilizing greater quantities of recycle materials, provide reuse methods for packaging so that this decision can come to fruition
- In January 2018, Amcor plc announced that they will develop all of their products to either be recyclable or reusable by the year 2025, becoming the first worldwide company to do so. Along with this decision, the company will initiate greater utilization of recycled materials in their business cycle inducing significant reductions in the waste production globally especially for plastic products
Scope of the GREEN PACKAGING Market
- Global Green Packaging Market By Material (Paper & Paperboard, Plastics, Metals, Glass, Others), Process Type (Recycled Content Packaging, Reusable Packaging, Degradable Packaging), Packaging Product (Paper & Paperboard Packaging, Plastics, Metal, Glass, Others), Application (Food, Beverages, Pharmaceuticals, Consumer Products, Personal Care, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
- Global green packaging market is expected to rise to an estimated value of USD 277.05 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the growing concerns amongst individuals regarding the environment coupled with increased consumption of re-use packaging products.
- Green packaging or sustainable packaging is the collection of packaging products that are designed with the aim of achieving sustainability of the environment. These packaging products have a greater life-cycle and can be reused, recycled or are degradable products which do not have a negative impact on the environment. These packaging products are similar to that of conventional products, the difference comes with the manufacturing process and source materials, utilizing environmental friendly products and manufacturing process.
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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