Green packaging is known as sustainable packaging. Green packaging uses certain materials and manufacturing methods for the packaging of goods, which has a low impact on energy consumption and the environment. Green packaging eradicates the contaminants and chemicals that destroy the soil, water, and atmosphere of our planet. Some of the materials used in green packaging are Biodegradable plastics, Plant-based plastics, Recycled products, etc.
MARKET DYNAMICS
Socio-Economic factors, legislation in various countries, and space limitation for the dumping of wastes are driving the demand for the green packaging market. Furthermore, the rise of substitutes like bio-plastics is also projected to influence the green packaging market significantly. Moreover, an increase in the efficiency of reverse logistics operations of recycled material is anticipated to have a positive impact in the green packaging market. The rising popularity of sustainable initiatives is expected to generate untapped opportunity for the market participants.
MARKET SCOPE
The "Global Green Packaging Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of green packaging market with detailed market segmentation by packaging type, application and geography. The global green packaging market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading green packaging market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global green packaging market is segmented on the basis of packaging type, and application. Based on packaging type, the market is segmented into recycled content packaging, reusable packaging, and degradable packaging. On the basis of the application the market is segmented into food and beverage, personal care, health care, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global green packaging market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The green packaging market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting green packaging market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the green packaging market in these regions.
MARKET PLAYERS
The reports cover key developments in the green packaging market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from green packaging market are anticipated to lucrative growth opportunities in the future with the rising demand for green packaging in the global market. Below mentioned is the list of few companies engaged in the green packaging market.
The report also includes the profiles of key green packaging companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Amcor plc
- Ardagh Group S.A.
- Bemis Company, Inc.
- E. I. DuPont de Nemours and Company
- Elopak AS
- Mondi Limited
- Plastipak Holdings, Inc.
- Sealed Air Corporation
- Tetra Pak International SA
- Uflex Limited.