Press release
The Global Sustainable Packaging Market is Envisioned to Grow at a Remarkable CAGR of 7.5% By the End of 2024, according to Research Nester
The global sustainable packaging market is segmented into application such as food and beverages, healthcare packaging, personal care packaging and others. Among these segments, food and beverages segment is believed to mask a significant CAGR by the end of 2024. Likely, robust expansion of food and beverages industry over the globe on the back of increasing adoption of packaged food due busy schedule of the working population is expected to flourish the growth of global sustainable packaging market. In addition to this, population in urban region is more inclined towards fast foods which are also predicted to trigger the market of global food and beverages sustainable packaging in near future.
Global sustainable packaging market is anticipated to seize an exponential CAGR of 7.5% over the forecast period i.e. 2017-2024. Additionally, the market is riding on the back of growing packaging industry along with rising environment concerns. Moreover, the global sustainable packaging market is anticipated to account noteworthy revenue by the end of 2024.
The paper & paperboard segment by material type accounted for the biggest market of sustainable packaging in 2016. In terms of region platform, Asia-Pacific region captured the biggest market of sustainable packaging owing to huge adoption of sustainable packaging on the back of stringent government regulation and guidelines. Moreover, China and Japan are the major countries witnessing the augmented demand for sustainable packaging due to rising adoption of green packaging products. Apart from this, North America and Europe are believed to contribute considerable share in the market of sustainable packaging.
Growing Environmental Concerns
Growing consumer awareness regarding environmental pollution coupled with adoption of eco-friendly products is predicted to be the dynamic factor behind the rapid growth of sustainable packaging market. Furthermore, mounting concerns regarding waste management is also believed to foster the growth of sustainable packaging market.
Request Free Sample Pages@ https://www.researchnester.com/sample-request/2/rep-id-432
Stringent Government Regulation and Guidelines
Stringent government norms for the safety of environment coupled with availability of incentives and support from the government is envisioned to trigger the market of sustainable packaging. In addition to this, various companies have adopted sustainable packaging such as Coco-Cola Great Britain has projected to increase their recycled content in its plastic products from 20% to 50% by 2020. This factor is anticipated to bolster the growth of sustainable packaging market.
Although, high cost related with the production of sustainable packaging for instance bio-based monomers and others is expected to hinder the growth of sustainable packaging market all over the globe.
The report titled “Sustainable Packaging Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global sustainable packaging market in terms of market segmentation by material type, by process, by type of packaging, by layer, by application and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
Request Free Table of Contents Here: https://www.researchnester.com/toc-request/1/rep-id-432
This report also provides the existing competitive scenario of some of the key players of the global sustainable packaging market which includes company profiling of Amcor Ltd., Tetra Laval International S.A., Westrock Company, Mondi Plc., Sonoco Products Company, Sealed Air Corporation, Huhtamaki OYJ, Silgan Holdings Inc. and Genpak. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global sustainable packaging market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Purchase this Premium Report: https://www.researchnester.com/payment/rep-id-432
About Research Nester
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
Contact for more Info:
Ajay Daniel
Email: ajay.daniel@researchnester.com
U.S. +1 646 586 9123
U.K. +44 203 608 5919
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Global Sustainable Packaging Market is Envisioned to Grow at a Remarkable CAGR of 7.5% By the End of 2024, according to Research Nester here
News-ID: 833846 • Views: …
More Releases from Research Nester Pvt Ltd
Vegan Food Market: Size is Expected to Surpass USD 91.83 billion by 2035
Research Nester, the global vegan food market size is predicted to expand at a CAGR of 11.8% between 2026 and 2035, on account of the rising awareness of people about fitness globally.
Request Free Sample Report @ https://www.researchnester.com/sample-request-6172
The Increasing Demand for Vegan Food Globally Will Increase the Global Market Share of Vegan Food Market
By the end of 2035, the vegan food sector will have grown significantly and appear extremely promising. Several…
U.S. Cogeneration Equipment Market Forecast to Exhibit Robust Growth During 2026 …
The U.S. cogeneration equipment market is poised for robust advancement throughout the forecast period from 2026 to 2035, driven primarily by the nation's growing focus on energy efficiency and decarbonization. Increasing regulatory emphasis on sustainable energy use, coupled with corporate commitments to reduce carbon footprints, is stimulating widespread adoption of combined heat and power (CHP) systems across industrial, commercial, and institutional sectors. The integration of cogeneration technologies aligns with the…
U.S. Coal Gasification Market Size is Expected to Witness Accelerated Expansion …
The U.S. coal gasification market is expected to witness robust expansion during the forecast period from 2026 to 2035, driven primarily by the nation's push toward cleaner energy conversion technologies and carbon utilization strategies. The growing emphasis on decarbonizing heavy industries and enhancing domestic energy security has positioned coal gasification as a pivotal pathway for transforming coal into cleaner synthesis gas, hydrogen, and chemical feedstocks. Advancements in carbon capture and…
U.S. Nuclear Fusion Market Size is Projected to Record Sustained Growth Through …
The U.S. nuclear fusion market is expected to experience strong growth throughout the forecast period from 2026 to 2035, driven primarily by technological breakthroughs in plasma confinement and increasing public-private investment in next-generation energy systems. As the country accelerates its transition toward low-carbon and sustainable power solutions, fusion energy has emerged as a promising alternative to traditional nuclear fission. Innovations in superconducting magnets, laser systems, and artificial intelligence-driven plasma control…
More Releases for Sustainable
Sustainable Tire Materials Market Sustainable Tire Materials Market
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Sustainable Tire Materials Market- (By Type of Material (Rubber (Natural, Recycled), Sustainable Carbon Black, Silica, Others), By Propulsion Type (Internal Combustion Engine Vehicles, Electric Vehicles), By Vehicle Type, (Passenger Vehicles, Commercial Vehicles), By Tire Structure (Radial, Bias), By Sales Channel (OEMs, Aftermarket)), Trends, Industry Competition Analysis, Revenue and Forecast To 2034."
According to the latest research…
Outdoor Power Equipment Market Green Trends: Sustainable Tools for Sustainable L …
According to a new report published by Allied Market Research, the outdoor power equipment market size was valued at $24.4 billion in 2021, and is estimated to reach $41.1 billion by 2031, growing at a CAGR of 5.4% from 2022 to 2031.
Outdoor Power Equipment (OPE) refers to a range of tools and machines designed for outdoor maintenance and landscaping tasks. These tools are essential for homeowners, landscapers, and professionals in…
Sustainable Fashion Market
Anticipated Growth in Revenue:
The Sustainable Fashion Market size was valued at USD 7.45 Bn. in 2023 and the total Sustainable Fashion revenue is expected to grow by 8.2 % from 2024 to 2030, reaching nearly USD 12.94 Bn.
Sustainable Fashion Market Overview:
The sustainable fashion market is gaining momentum as consumers and brands alike increasingly prioritize environmental and social responsibility in the production and consumption of clothing. This market encompasses eco-friendly materials,…
Zurn Elkay Launches Sustainable Products for Total Restroom Solutions Reliable. …
Canada, June, 2024 - Zurn Elkay Water Solutions, the industry's largest supplier of cleaner water solutions for drinking water, hygiene and sustainable water management, launched new Zurn Hydro•X Power® flush valves and faucets with EZ Gear Technology to enhance Zurn's complete line of total restroom solutions.
Zurn offers a complete line of innovative and reliable products engineered to deliver on style and performance. Thoughtful, innovative fixtures help customers meet sustainability goals…
Hydropower Generation Market: Sustainable Rivers, Sustainable Energy | North Ame …
According to a new report published by Allied Market Research, The global hydropower generation market was valued at $202.4 billion in 2019, and is projected to reach $317.8 billion by 2027, growing at a CAGR of 5.9% from 2020 to 2027.
Hydropower generation remains a significant contributor to the world's electricity supply, providing a reliable and sustainable source of energy. Balancing the benefits of clean energy with environmental and social considerations…
Sustainable Surfstyle Sneakers
Joana Andrade and redo footwear launch a sustainable surfstyle sneaker on kickstarter
Surfer meets shoemaker: From fearfull waves to sustainable sneakers
Ericeira, Portugal/Wiesbaden, Germany: Portugals only female big wave surfer Joana Andrade collaborates with German sneaker start-up redo footwear to surf the sustainable wave
On May 28th, Andrade and redo will launch a kickstarter campaign to collect 10.000 € in funds for redo`s first model which is a sustainable surfsyle sneaker, made in…
