Green Packaging Market 2022 Strategic Assessments - Amcor Limited, Ardagh Group SA, Ball Corporation, Crown Holdings Incorporated, DS Smith PLC

The Green Packaging Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The green packaging market registered a value of USD 266.7 billion in 2020 and is expected to be 404.96 billion in 2026 to register a CAGR of 7.4% over the forecast period from 2021 to 2026.

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Top Leading Companies of Green Packaging Market are Amcor Limited, Ardagh Group SA, Ball Corporation, Crown Holdings Incorporated, DS Smith PLC, Elopak AS, Emerald Packaging, Mondi Group, Nampak Ltd, PlastiPak Holdings Inc., Sealed Air Corporation, Sonoco Products Company, Tetra Pak International SA, Uflex Limited, WestRock Company and others.

Industry News and Updates

May 2020 - DS Smith launched its Circular Design Principles, which reveals new research that shows there is a desperate need for consistent design to cut through the confusion in the recycling of packaging. The process has been developed in partnership with the Ellen MacArthur Foundation and has been created to support companies' design reusability and recyclability into their packaging. This comes as a new study uncovers that European adults admit to throwing 41% of their recyclable material into general waste.

- April 2020 - Ball Corporation announced the five aluminum packaging plants with the most significant operational and social sustainability improvements, including progress across the areas with the most significant sustainability impact across operations and the promotion of aluminum packaging sustainability credentials and engagement in their local communities.

Key Market Trends

Asia-Pacific to Execute a Significant Growth Over the Forecast Period

- Countries like China and Japan are equipped with well-established waste management and recycling practices. Yet China has the largest nonrecycled plastic wastage globally. But China's Initiatives, like a ban on the importation of 24 kinds of solid materials in 2018, including low-grade polyethylene terephthalate used in plastic bottles, is demanding the use of green and sustainable packaging. Further, in India, although the country has a well-established recycling environment, there is a low penetration of green packaging concepts. Still, green packaging is gaining significant traction in the country, with substantial companies adopting sustainable packaging solutions.

- In July 2019, China introduced a new waste sorting scheme against garbage, the country's postal authority has its eye on a significant producer of waste in the express delivery industry. To reduce the pressure on the environment, express delivery firms are engaging in using recycled used boxes, reducing unnecessary packaging, and using biodegradable packaging materials. By the end of 2019, 95 percent of delivery packages are expected to use electronic waybills to minimize the use of paper sheets. Such green packaging initiatives are expected to save the country 207 million disposable plastic bags each year, according to the State Post Bureau (SPB).

Regional Outlook of Green Packaging Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Green Packaging Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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