Press release
Green Packaging Market Size, Latest Growth, Forecast By 2024 - 2031
Green Packaging Market report, published by DataM Intelligence, delivers detailed insights and analysis on major market trends, growth prospects, and emerging challenges. With a strong focus on providing actionable intelligence, DataM Intelligence enables businesses to make well-informed decisions and maintain a competitive edge. By blending both qualitative and quantitative research approaches, the company offers thorough reports that support clients in navigating complex market environments, driving strategic expansion, and capitalizing on new opportunities in today's rapidly evolving global landscape.The Green Packaging Market reached USD 255.1 billion in 2022 and is expected to reach USD 350.5 billion by 2030, growing with a CAGR of 7.2% during the forecast period 2024-2031.
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Market opportunities and Growth Drivers:
With rising consumer awareness about the environmental harm caused by single-use plastics, manufacturers and suppliers are shifting toward eco-friendly packaging solutions. Government regulations in the U.S., along with initiatives like the Sustainable Packaging Coalition and Green Seal's 2022 sustainable packaging program, are supporting this transition by promoting the use of recycled and environmentally responsible materials.
Green Packaging Market Recent Development:
In February 2023, Liquibox, a producer of environmentally friendly liquid packaging, was acquired by Sealed Air, a packaging company headquartered in North Carolina, U.S. With the acquisition, Sealed Air expects to increase the range of products it offers for the food and beverage industry, to fulfill the rising demand from consumers for eco-friendly packaging options.
WestRock Company, an American company for corrugated packaging and Recipe Unlimited, a Canadian company operating several chains of restaurant, announced a cooperation in April 2022 to introduce a line of recyclable paperboard products to keep 31 million plastic containers out of Canada's landfills annually. In October 2021, the bundle began to emerge in Swiss Chalet restaurants and it is now offered everywhere.
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.
Assessing the Effects of U.S. Tariffs on the Green Packaging Market
The U.S. tariff war is reshaping how businesses analyze trends and make strategic decisions. As tariffs drive up costs and disrupt supply chains, companies are increasingly focused on understanding consumer behavior, identifying new sourcing opportunities, and adjusting their operations to remain competitive. The ongoing uncertainty has created a stronger demand for timely insights and data-driven strategies to navigate shifting trade dynamics and economic pressures.
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:
⇥ 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)
People Also Ask:
Most Frequently Asked Questions in the Green Packaging Market Research Industry:
➠ What are the global figures for sales, production, consumption, imports, and exports in the Green Packaging market?
➠ Who are the top manufacturers in the global Green Packaging industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?
➠ What key opportunities are available for vendors in the Green Packaging market, and what challenges are they likely to encounter?
➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?
➠ What are the major drivers and barriers influencing the growth trajectory of the Green Packaging market?
➠ What are the primary sales, marketing, and distribution strategies used across the global Green Packaging industry landscape?
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Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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