Global Sustainable Packaging Market to Double by 2034, Reaching USD 662.4 Billion

The global Sustainable Packaging Market is set for rapid growth, valued at USD 316.8 billion in 2024 and projected to reach USD 662.4 billion by 2034, expanding at a CAGR of 7.6%. This growth is being driven by stronger environmental regulations, rising consumer demand for eco-friendly solutions, and increasing investment by companies in low-carbon packaging technologies.

Sustainable packaging has shifted from being an option to becoming a necessity for global supply chains. Regulations such as the EU Packaging and Packaging Waste Regulation (PPWR), North American Extended Producer Responsibility (EPR) policies, and India's Plastic Waste Management Rules are encouraging companies to adopt packaging materials with a lower environmental footprint.

To receive a PDF sample of the report, visit @https://www.emergenresearch.com/request-sample/0044

The market is witnessing a clear move toward biodegradable films, compostable trays, recyclable mono-materials, and paper-based formats. Companies are cutting plastic use by developing reusable, refillable, and closed-loop systems. Industries such as food, personal care, and e-commerce are leading this transition.

Leading manufacturers are also investing in bio-based polymers, molded fiber, and digital printing, while using life cycle assessments (LCA) and carbon labeling to improve transparency and support sustainable decision-making.

Market Insights by Material
Paper & Paperboard: Held the largest share in 2024 (41%) thanks to recyclability, cost-effectiveness, and consumer trust. Widely used in food, cosmetics, and e-commerce, innovations such as coated paper and molded fiber are extending their application.

Plastics: The fastest-growing segment, including bioplastics, compostable polymers, and recyclable PET. Although adoption is rising, cost and recycling infrastructure challenges remain.
Metal & Glass: Popular in beverages, pharmaceuticals, and luxury goods for durability and high recyclability. Both materials fit well into closed-loop systems despite their smaller market share.
Others: Includes starch blends, mushroom-based, and seaweed films-early-stage innovations mainly for niche applications.

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Sustainable Packaging Market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic

Some of the key companies in the global Sustainable Packaging market include:

Amcor Limited
Mondi PLC
Smurfit Kappa Group
Sonoco Products Co
WestRock Company
BASF SE
Tetra Laval International S.A.
Ball Corporation
Sealed Air Condition
Bemis Company

Market Insights by Packaging Type
Flexible Packaging: Accounted for 56% of market revenue in 2024, driven by lightweight design, reduced emissions, and strong use in food, personal care, and pharmaceuticals. Popular formats include pouches, sachets, wraps, and refill packs.
Rigid Packaging: Includes bottles, cartons, and trays. While heavier, innovations such as lightweight glass, recyclable PET, and molded pulp containers are helping reduce environmental impact.

Regional Landscape section of the Sustainable Packaging Market report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Market Insights by End-Use

Food & Beverage: The largest end-use segment in 2024, contributing 45% of revenue. Growing regulations on single-use plastics and demand for recyclable packaging are accelerating adoption of paper cartons, compostable trays, and pulp containers.

Personal Care & Cosmetics: A fast-growing segment where brands are turning to refillable containers, glass bottles, paper tubes, and aluminum caps to meet consumer expectations.

Pharmaceuticals: Shifting to sustainable blister packs, pill bottles, and cartons, driven by waste reduction and compliance requirements.
Consumer Electronics: Moving away from plastic foams toward molded fiber and recyclable trays to support carbon-neutral shipping.

Others: Includes e-commerce, industrial packaging, and household goods, where recyclable and reusable formats are gaining traction under ESG and EPR policies.

To know more about the report @ https://www.emergenresearch.com/industry-report/sustainable-packaging-market

The report bifurcates the Sustainable Packaging Market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Sustainable Packaging Market Market Segmentation Analysis

By Material Type Outlook (Revenue, USD Billion, 2021-2034)
Paper & Paperboard
Plastic (Recycled Plastics, Bio-based Plastics)
Metal
Glass

By Packaging Format Outlook (Revenue, USD Billion, 2021-2034)
Rigid Packaging
Flexible Packaging

By Application Outlook (Revenue, USD Billion, 2021-2034)
Food & Beverage
Personal Care & Cosmetics
Healthcare & Pharmaceuticals
Others (E-commerce, Household, Industrial)
Middle East & Africa

Request a customization of the report @https://www.emergenresearch.com/request-sample/0044

The sustainable packaging market is set to expand quickly as consumers, businesses, and regulators demand greener alternatives. Companies are under growing pressure not only to meet compliance requirements but also to offer packaging solutions that align with circular economy goals.

Contact Us:
14671 110 Avenue, Surrey, British Columbia, V3R2A9
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services

About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

This release was published on openPR.