Comprehensive Market Analysis on Green Packaging Market projected to reach USD 529.0 Billion by 2030 | CAGR of 6.8% | Forecast period 2023-2030, published by MarketDigits

Green Packaging Market Scope:
Market size value in 2023 - USD 312.5 Billion
Market size value in 2030 - USD 529.0 Billion
CAGR (2023-2030) - 6.8%
Forecast Period - 2023-2030
Segments Covered - Packaging Type, Application and Region
Geographies Covered - North America, Europe, Asia Pacific, and Row
Sample of Companies Covered - Goodwin Robbins Packaging Company Inc, Fiber Interior Packaging, Oji Holdings Corporation, GASCOGNE GROUP, Georgia-Pacific LLC., Glatfelter Corporation, WestRock Company.

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Browse in-depth TOC on Green Packaging Market
178-Tables
95-Figures
340-Pages

North America dominates the market for Green Packaging.
In North America, the green packaging market is experiencing strong growth driven by a combination of heightened environmental awareness, stringent regulations, and a strong focus on corporate sustainability. The region's consumers are increasingly seeking eco-friendly alternatives, prompting businesses to adopt greener packaging solutions. Government initiatives and regulations aimed at reducing carbon footprints and promoting recyclability further contribute to the expansion of the market.
Asia Pacific region is witnessing a significant increase in the green packaging market due to an increasing population, rapid urbanization, and increasing disposable incomes. As awareness of environmental issues rises, particularly in countries like China and India, there is a growing demand for sustainable packaging options. Government policies promoting sustainable practices, coupled with the proactive adoption of green initiatives by businesses, are propelling the market forward.
Another noteworthy region is the Middle East and Africa, the green packaging market is gradually growing due to increasing environmental awareness. Challenges include limited waste management infrastructure and lower consumer awareness. Overcoming obstacles involves investments in waste management, recycling programs, and educational campaigns to promote eco-friendly packaging.

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Top Key Players Covered in the Report-
Billerud, EcoEnclose, Fiber Interior Packaging, GASCOGNE GROUP, Georgia-Pacific LLC., Glatfelter Corporation, Goodwin Robbins Packaging Company Inc, International Paper., Klabin S.A, Mondi., Nordic Paper, Oji Holdings Corporation, Segezha Group., Smurfit Kappa, Stora Enso, WestRock Company., Zenpack, and Others.

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Recent Developments-
In May 2022, Klabin, the largest producer and exporter of packaging paper in Brazil, and a leader in corrugated board packaging and industrial bags, advances its business strategy with the introduction of EkoFlex. This innovative paper, designed for flexible packaging, marks a significant milestone for the company. EkoFlex solution is targeted for various sectors, including food, hygiene, cleaning, and pharmaceuticals, contributing substantially to the reduction of plastic usage throughout the consumption chain.

https://industrytoday.co.uk/market-research-industry-today/emerging-trends-and-innovations-for-the-green-packaging-market-projected-to-reach-usd-5290-billion-by-2030

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