Green Packaging Market | Market Highlights and Insights to Recovery from COVID-19
Market Recovery and Growth Projections 2021-2025

The green packaging market is expected to grow by $ 118.88 bn, accelerating at a CAGR of almost 8.63% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.


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Green Packaging Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • Market is segmented Product (Recyclable, Reusable, and Degradable), End-user (Food industry, Beverage industry, Healthcare industry, Personal care industry, and Others), and Geography (APAC, North America, Europe, South America, and MEA).
  • 47% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Green Packaging Market size.

Green Packaging Market Size to Grow by $ 118.88 bn through 2021-2025 | Leading Segments and Market Trends

Green Packaging Market: Trends, Drivers, Challenges to impact growth

The research report looks at the impact of various trends, drivers, and challenges for market growth during the forecast period. These insights will enable clients to design a growth strategy for their business and area of operations.

  • A significant factor in driving the growth of the Green Packaging Market will be the growing demand for bio-based resins as a packaging material.
  • Rising demand for biodegradable packaging materials in the food and beverages industry is another factor that will be instrumental in driving market growth during the forecast period.
  • Rise in the prices of green packaging solutions due to the high cost of bio-based resins is a challenge that needs to be overcome to persist on the path to growth and recovery from the impact of the pandemic.

Green Packaging Market: Vendor Analysis

  • The market is fragmented.
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
  • Amcor Plc, Ball Corp., Be Green Packaging, Crown Holdings Inc., DS Smith Plc, DuPont de Nemours Inc., Evergreen Packaging LLC, Mondi Group, Nampak Ltd., and Sealed Air Corp. are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of 8.63%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 118.88 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Growing demand for bio-based resins as a packaging material will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    47% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Amcor Plc, Ball Corp., Be Green Packaging, Crown Holdings Inc., DS Smith Plc, DuPont de Nemours Inc., Evergreen Packaging LLC, Mondi Group, Nampak Ltd., and Sealed Air Corp.

     
  7. What are the market segments covered in this report?
    The market is segmented by Product (Recyclable, Reusable, and Degradable), End-user (Food industry, Beverage industry, Healthcare industry, Personal care industry, and Others), and Geography (APAC, North America, Europe, South America, and MEA)
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