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Global Sustainable Packaging Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Stratistics MRC's Global Sustainable Packaging Market value is expected to reach $175.5 billion growing at a CAGR of 9.4% during 2022-2028.Sustainable packaging has the least amount of negative impact on the natural environment. Sustainable packaging materials emit the least amount of pollution during manufacture, production, shipping, disposal, or recycling. Sustainable packaging is the development and use of packaging materials that are more environmentally friendly. The influence of a packaging material on the natural environment when compared to other materials defines its sustainability.
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Europe is projected to have the highest CAGR over the forecast period, owing to the strong efforts made by regional authorities, the North American sustainable packaging market accounts for the second-largest market share. Customers' desire for environmentally friendly products and green packaging, aided by government programmes, drives demand in the region. For example, to limit the amount of solid trash disposed of, the Canadian government has created many recycling infrastructures throughout the country and has severely banned the usage of polystyrene cups and containers. Furthermore, the sustainable packaging market in the United States had the biggest market share, while the sustainable packaging market in Canada was the fastest-growing market in the North American area.
Some of the key players profiled in the Sustainable Packaging Market include Amcor plc, Smurfit Kappa, Gerresheimer AG, Sonoco Products Company, Ardagh Group S.A., WestRock Company, Crown Holding, Inc., Sealed Air, Mondi, Berry Global, International Paper, Genpak, LLC, DS Smith PLC, Printpack, Ball Corporation, Tetra Pak International S.A., International Paper Company, Albea S.A. and Huhtamaki OYJ.
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All the customers of this report will be entitled to receive one of the following free customization options:
Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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