Green Packaging Market Growth: Regional Breakdown, Segmentation, and Key Players Forecast to 2024-2031 | BASF SE, WestRock Company, Amcor Limited, Sealed Air

Green Packaging Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Global Green Packaging Market reached USD 255.1 billion in 2022 and is expected to reach USD 350.5 billion by 2031, growing with a CAGR of 7.2% during the forecast period 2024-2031. '

Green Packaging refers to the use of eco-friendly materials and processes in the design, production, and disposal of packaging.

It emphasizes sustainability by reducing waste and lowering the environmental footprint. This approach utilizes recyclable, biodegradable, or compostable materials to minimize harm to the environment. Green Packaging is a key strategy in promoting sustainability across various industries and consumer products.

List of the Key Players in the Green Packaging Market:

BASF SE, WestRock Company, Amcor Limited, Sealed Air, Mondi PLC, Bemis Company Inc., The Dow Chemical Company, Ball Corporation, L'Oreal International and Tetra Pack

Industry Development:

In February 2023, Liquibox-a producer of eco-friendly liquid packaging-was acquired by Sealed Air, a packaging company based in North Carolina, U.S. This strategic move will enable Sealed Air to expand its product offerings in the food and beverage sector, catering to the growing consumer demand for sustainable packaging solutions.

In April 2022, WestRock Company, a leading American corrugated packaging provider, partnered with Recipe Unlimited, a Canadian restaurant operator, to launch a line of recyclable paperboard products. This initiative aims to divert 31 million plastic containers from Canadian landfills annually. Initially introduced in Swiss Chalet restaurants in October 2021, the product bundle has now been rolled out across all their locations.

Growth Forecast Projected:

The Global Green Packaging Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Green Packaging Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Green Packaging Market:

By Packaging Type: Paper, Plastic, Metal, Glass

By Reusable Packaging Type: Drums, Plastic Containers, Others

By End-User Type: Food industry, Healthcare industry, Personal Care Industry, Others

Regional Analysis for Green Packaging Market:

The regional analysis of the Green Packaging Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Green Packaging market?

➠ Who are the leading manufacturers in the global Green Packaging industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Green Packaging industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Green Packaging market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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