Green Packaging Market 2018-2023 : Global Industry Size, Share, Trends, Key Countries Analysis By Amcor, Bemis, Tetra Laval, Mondi, WestRock, BASF, Sonoco, Sealed Air and Huhtamaki

Global Green Packaging Market, By Packaging type (Recycled Content Packaging, Degradable Packaging) By Application (Food & Beverage, Health Care, Personal Care and Other) - Forecast 2017-2023.

The global market for global green packaging is expected to grow over the CAGR of around 5.42 % during the forecasted period.

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Market Synopsis of Green Packaging Market:

Green packaging is also known as sustainable packaging. Manufacture of packaging requires energy and creates waste, thus making it non sustainable. However, designers can make packaging sustainable by considering the environmental impacts during manufacture, usage and disposal. Stringent government regulations and legislation, forcing manufacturers to choose sustainable packaging options over the conventional packaging are the major drivers for the growth of the green packaging market. Changing preferences towards more sustainable packaging materials, increase urbanization are some of the factors pushing the market towards growth.

The high cost of production and fluctuating raw material prices may hinder the growth of the industry. Moreover, factors such as poor recycling facilities and the strict recycling acts are Undermining the potentials of the market.

Key Players:

The key vendors in the global green packaging market are Mondi Plc. (South Africa), WestRock Company (U.S.), BASF SE (Germany), and Sonoco Products Company (U.S.).

The market is highly competitive due to presence of many multinational, regional, and local vendors. It is worth noting that local vendors compete in terms of cost owing to their inability to compete with international vendors in terms of features, quality, and range of offerings. Subsequently, growing number of vendors are focusing on innovation to gain an established position in the market space.

For instance, VPZ Verpackungszentrum has developed new type of green packaging, Packnatur cellulose bags, for fruits and vegetables. These bags are made from Forest Stewardship Council (FSC) certified beechwood. They are tear-resistant, waterproof, and moisture-regulating which means they can keep foods fresh for an extended period. Such product innovations by manufacturers help fuel the market growth, as they help with increasing bottom line margins, satisfy large amount of consumer needs, and secure a strong position in the green packaging market.

Regional Analysis of Global Green Packaging Market:

Asia-Pacific is projected to be the fastest growing market, owing to factors such as presence of the large consumer base and the increasing government’s focus on the adoption of eco-friendly solutions. Currently, North America is dominating the market of green packaging. U.S. is the leading country in terms of use of green packaging. The industrial and manufacturing sectors of the country employ excessive eco-friendly packaging for packing their products.

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Scope Of Report

The report for Global Green Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions

Table of Contents :

1 Executive Summary

2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model

3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis

Continues....

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