Press release
Sustainable Packaging Market Trends, Segments & Regional Forecast to 2031
AMR
According to a report published by Allied Market Research, the market was valued at $93.6 billion in 2021 and is projected to reach $190.6 billion by 2031, registering a CAGR of 7.4% from 2022 to 2031.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A17195
The study provides a comprehensive analysis of evolving market trends, key investment opportunities, value chain insights, competitive landscape, and regional outlook-helping stakeholders make informed strategic decisions.
Key Market Drivers:
- Rising consumer environmental consciousness
- Growing preference for eco-friendly packaging in organic food products
Emerging Opportunities:
- Development of bio-based PVC materials
- Integration of innovative technologies in sustainable plastic packaging
Market Restraints:
- Non-biodegradable plastic bags remain cost-effective and widely adopted
- Challenges in balancing sales volume and production capacity for sustainable alternatives
Market Segmentation Insights:-
By Material Type:
- Paper & Paperboard held the largest share in 2021 (over two-fifths of total revenue) and is expected to maintain dominance through 2031.
- The Others segment is projected to grow at the fastest CAGR of 8.2%.
- Plastics and aluminum segments also contribute significantly to overall market revenue.
By Packaging Type:
- Rigid Packaging accounted for nearly three-fifths of the market share in 2021 and is expected to remain dominant.
- Flexible Packaging is anticipated to witness the fastest growth at a CAGR of 7.6% through 2031.
By End Use:
- Food & Beverage captured nearly two-thirds of the market share in 2021 and will continue to lead.
- Healthcare & Pharmaceuticals is expected to register the fastest CAGR of 8.3% through 2031.
- Personal care and other sectors also contribute to steady market growth.
Regional Outlook:-
The Asia-Pacific region is projected to:
- Dominate the market in terms of revenue
- Register the fastest CAGR during the forecast period
The growth is driven by rapid urbanization, expanding food processing industries, and rising sustainability initiatives across emerging economies.
Obtain Report Details: https://www.alliedmarketresearch.com/sustainable-packaging-market-A17195
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About Us
Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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