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Green Packaging

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Green Packaging Market report categorizes global market by Material, Process Type, Packaging Type, and by End-Use Industry - Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025
Green Packaging Market - Size, Share, Trends, and Forecast
to 2025
Green packaging is referred to the use of packaging materials and
implementation of manufacturing methods that have low impact on energy
consumption and environment. Green packaging involves the usage of
recyclable and biodegradable materials and thus referred as energy-efficient or
sustainable packaging. Furthermore, bio-degradable plastics, bio-based plastics,
solid bleach sulfate, and recycled papers are some of the key materials used for
the manufacture of green packaging products.
Factors such as wide spread awareness among consumers regarding
environmental safety and benefits of green packaging are the key factors
propelling growth in green packaging market. Moreover, initiatives of
regulatory bodies recommending adoptions of eco-friendly alternatives by the
manufacturers, will further boost growth of the green packaging market during
the forecast period.
Asia Pacific is estimated to be the dominant region with a CAGR of 8.85% in
the green packaging market during the forecast period. Factors such as high
population growth and increasing disposable incomes in the emerging
economies such as India and China, coupled with large presence of several
manufacturers operating in the food and beverage industry in this region will
increase growth in the market during the forecast period.
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Based on the end-use industry, green packaging market has been segmented into
food & beverages, healthcare, personal care, and cosmetics. In 2016, food &
beverages accounted for a major share in the green packaging market and is
expected to retain market dominance throughout the forecast period.
Major Players in the Global Green Packaging Market
The major players operating in the market of green packaging include Amcor
Limited, Bemis Company Inc., Sealed Air Corporation, Tetra Laval
International SA, Mondi Plc., Sonoco Products Company, Cargill Incorporation,
Graham Packaging Company Incorporation, and Huhtamaki OYJ, among
others.
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Author
pallavi.reddy
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