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Eco-Friendly Food Packaging Global Market Size, Share, Growth, By Material Type, By Application, By Type, By Technique, Regional Outlook And Forecast 2022-2031
The global eco-friendly food packaging market report by the business research company identifies the growing consumer awareness about the drawbacks of using single-use and non-degradable plastic products for food packaging is driving the growth of the eco-friendly food packaging market. Widespread usage of single-use and non-degradable plastic packaging products affects the environment adversely. Plastic takes hundreds of years to decompose in a landfill and for such a long period the plastic waste will be there in the surroundings and cause several harm to the environment and ultimately harms the life of plants, animals, and human beings. For instance, according to the World Economic Forum report, countries such as Germany and Austria are the leaders in recycling waste at the rate of 56% and 52% respectively. In addition, some countries, such as Wales, have set lofty recycling goals for themselves. Wales is aiming for zero waste by 2050, while the EU is considering setting a new 2030 target of at least 65%. Therefore, increasing awareness among the consumer about the hazards of using plastic products for food packaging is expected to propel the growth of the eco-friendly food packaging market over the coming years.The global eco-friendly food packaging market is expected to grow from $196.26 billion in 2021 to $211.56 billion in 2022 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The market is expected to reach $280.10 billion in 2026 at a CAGR of 7.3%.
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North America was the largest region in the eco-friendly food packaging market in 2021. The regions covered in the eco-friendly food packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the eco-friendly food packaging market are Amcor, Mondi plc, Sealed Air Corporation, Ball Corporation, Tetra Pak, BASF, Huhtamaki Oyj, Westrock, Smurfit Kappa Group, Sonoco, Evergreen Packaging, Elopak, Winpak Ltd., Printpak, PaperFoam bv, Be Green Packaging, DS Smith plc, DuPont and Crown Holdings Inc.
The global eco-friendly food packaging market is segmented -
1) By Type: Recycled Content Packaging, Reusable Packaging, Degradable Packaging
2) By Material: Paper And Paperboard, Metal, Glass, Plastic, Others
3) By Technique: Active Packaging, Molded Packaging, Multipurpose Packaging, Alternate Fiber Packaging
4) By Application: Food And Beverages, Bakery And Confectionery, Dairy Products, Meat Products, Fruits And Vegetables, Convenience Food, Others
Request A Sample Of The Eco-Friendly Food Packaging Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5615&type=smp
The Eco-Friendly Food Packaging Market Report Contents Include
1. Executive Summary
2. Eco-Friendly Food Packaging Market Characteristics
3. Eco-Friendly Food Packaging Market Trends And Strategies
4. Eco-Friendly Food Packaging Market - Macro Economic Scenario
5. Eco-Friendly Food Packaging Market Size And Growth
.....
26. Africa Eco-Friendly Food Packaging Market
27. Eco-Friendly Food Packaging Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Eco-Friendly Food Packaging Market
29. Eco-Friendly Food Packaging Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the eco-friendly food packaging market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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