Overview and Scope
Environmentally friendly packaging refers to packaging that is safe for people and the planet, can be easily recycled, and is produced from recycled or other environmentally friendly materials. It utilizes less energy consumption and natural resources for its manufacture. Environmentally friendly packaging is used to protect the environ environmentally friendly packaging market.
Sizing and Forecast
The environmentally friendly packaging market size has grown strongly in recent years. It will grow from <b>$229.81 billion in 2023 to $246.06 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. </b> The growth in the historic period can be attributed to rise in consumer awareness about the environmental impact, government regulations, circular economy principles, shift in consumer preferences, rise in healthcare sector .
The environmentally friendly packaging market size is expected to see strong growth in the next few years. It will grow to <b>$331.07 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. </b> The growth in the forecast period can be attributed to rising fmcg sector, growing food industry, expansion of e-commerce, growing electronics industry, rise in disposable income. Major trends in the forecast period include plant-based and biodegradable materials, minimalist packaging, smart packaging, lightweight packaging, transparency and eco-labeling.
To access more details regarding this report, visit the link:
Segmentation & Regional Insights
The environmentally friendly packaging market market covered in this report is segmented –
1) By Type: Recycled Content Packaging, Reusable Packaging, Degradable Packaging
2) By Product Type: Bags, Pouches and Sachets, Boxes, Containers, Films, Trays, Tubes, Bottles and Jars, Cans, Other product types
3) By Material Type: Paper and Paper Board, Plastic, Metal, Glass, Starch-Based Materials, Other materials
4) By Technique: Active Packaging, Molded Packaging, Alternate Fiber Packaging, Other techniques
5) By Layer: Primary Packaging, Secondary Packaging, Tertiary Packaging
<b>Western Europe</b> was the largest region in the environmentally friendly packing market in 2023. <b>Asia-Pacific</b> is expected to be the fastest-growing region in the environmentally friendly packing market during the forecast period. The regions covered in the environmentally friendly packaging market market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7278&type=smp
Major Driver Impacting Market Growth
Increasing awareness about environmental concerns among consumers is expected to propel the growth of the environmentally friendly packaging market. People across the world are aware of the current environmental pollution and its drastic effects on the climate. Purchasing environmentally friendly packaging by customers decreases plastic usage. According to a study conducted by Mastercard Inc., a USA-based financial technology company, in 2021, across 24 countries, 54% of adults after COVID-19 feel that it is important to decrease their carbon footprint. Furthermore, in 2021, 75% of US consumers are concerned about the environmental impact of the products they buy. Thus, increasing awareness about environmental concerns among consumers is driving the growth of the environmentally friendly packaging market.
Key Industry Players
Major companies operating in the environmentally friendly packaging market market include <b> Amcor plc, Bemis Company Inc., Tetra Laval International SA, Mondi Group, BASF SE, ELOPAK Group, E. I. du Pont de Nemours and Company (DuPont), Ardagh Group S.A., Ball Corporation, Crown Holdings Inc., DS Smith plc, Emerald Packaging Inc., Nampak Limited, Plastipak Holdings Inc., Sealed Air Corporation, Smurfit Kappa Group plc, Sonoco Products Company, WestRock Company, Sgf packaging Co. Ltd, Tetra Pak International S.A., Uflex Limited, Huhtamaki Oyj, Constantia Flexibles Group GmbH, Innovia Films Limited, Winpak Ltd., Biopak Pty Ltd., Vegware Ltd., Eco-Products Inc., Stora Enso Oyj, Evergreen Packaging LLC, International Paper Company </b>
The environmentally friendly packaging market report table of contents includes:
1. Executive Summary
2.Environmentally Friendly Packaging Market Characteristics
3.Environmentally Friendly Packaging Market Trends And Strategies
4.Environmentally Friendly Packaging market analysis
5.Environmentally Friendly Packaging Market Size And Growth
6.Environmentally Friendly Packaging Segmentation
7.Environmentally Friendly Packaging Regional And Country Analysis
.
.
.
27.Environmentally Friendly PackagingCompetitive Landscape And Company Profiles
28.Environmentally Friendly Packaging Key Mergers And Acquisitions
29.Environmentally Friendly Packaging Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Amcor plc
- Bemis Company Inc.
- Tetra Laval International SA
- Mondi Group
- BASF SE
Explore the trending research reports from TBRC:
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Environmentally Friendly Plasticizer market is segmented by Type, and by Application.
Players, stakeholders, and other participants in the global Environmentally Friendly Plasticizer market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2015-2026.Segment by Type, the Environmentally Friendly Plasticizer market is segmented into:Di-Isononyl Phthalate (DINP)Dipropyl Heptyl Phthalate (DPHP)Dioctyl Terephthalate (DOTP)Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/57214/global-environmentally-friendly-plasticizer-2026-70Segment by Application, the Environmentally Friendly Plasticizer market is segmented into:Flexible Polyvinylchloride (PVC)OthersRegional and Country-level Analysis:The Environmentally Friendly Plasticizer market is analysed and market size information is provided by regions (countries).The key regions covered in the Environmentally Friendly Plasticizer market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and Environmentally Friendly Plasticizer Market Share Analysis:Environmentally Friendly Plasticizer market competitive landscape provides details and data information by players.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
