The Business Research Company’s Eco-Friendly Food Packaging Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Eco-Friendly Food Packaging Global Market Report 2023 evaluates eco-friendly food packaging market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global eco-friendly food packaging market size grew from $213.26 billion in 2022 to $229.38 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The eco-friendly food packaging market size is expected to grow to $316.31 billion in 2027 at a CAGR of 8.4%.
The eco-friendly food packaging market segments in the report are:
1) By Type: Recycled Content Packaging, Reusable Packaging, Degradable Packaging
2) By Material: Paper And Paperboard, Metal, Glass, Plastic, Other Materials
3) By Technique: Active Packaging, Molded Packaging, Multipurpose Packaging, Alternate Fiber Packaging
4) By Application: Food And Beverages, Bakery And Confectionery, Dairy Products, Meat Products, Fruits And Vegetables, Convenience Food, Other Applications
Get More Information On The Eco-Friendly Food Packaging Market Report:
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The table of contents in TBRC’s eco-friendly food packaging market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
Top 5 Major Key Players Are:
- Amcor
- Mondi plc
- Sealed Air Corporation
- Ball Corporation
- Tetra Pak
List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Eco-Friendly Food Packaging Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Eco-Friendly Food Packaging Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Eco-Friendly Food Packaging Market, Segmentation By Technique, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 47: Amcor Financial Performance
Table 48: Mondi plc Financial Performance
Table 49: Sealed Air Corporation Financial Performance
Table 50: Ball Corporation Financial Performance
Table 51: Tetra Pak Financial Performance
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That is biodegradable, which implies that it decomposes naturally through bacterial ECO Friendly Packaging activity and does not require a chemical method to decay.Eco-friendly packaging is required.The growth of technology has brought about a revolution in the realm of packaging, but it has also caused significant environmental damage in a variety of ways.
The packaging industry's pollution significantly pollutes the air, water, and soil.Thousands of marine animals die every day as a result of unintentionally consuming plastic debris, which becomes lodged in their stomachs and causes them to perish.
Manufacturing byproducts enter the soil and ocean, rendering water and soil unfit for drinking and farming, respectively.It is vital to cease using dangerous materials and to go green in order to help nature develop neatly and cleanly, with pure air to breathe.
How can candy packaging be made more environmentally friendly?Without good packaging, it is difficult, if not impossible, to market a product.
It is impossible to keep a product safe and sound without packaging, especially food goods.Food goods require suitable packing for the following reasons: Maintain the commodities' freshness.Avoid bacterial contamination at all costs.Make it appealing.Extend the shelf lifeIt is difficult, but not impossible, to update your entire packaging to be more environmentally friendly all at once.
Keeping in mind the necessity for bio-degradable and recyclable packaging, it is vital to progressively change the packaging for candy boxes by making incremental adjustments over time.
Eco-friendly packaging is becoming mainstream, and smart business owners throughout the country are making the change today to ensure they are ahead of the game tomorrow.
While cardboard and paper are organic materials, if they are sourced unsustainably, their use can have a drastic impact on the environment.
