Global Green Packaging Market 2021-2027

Global Green Packaging Market Size, Share & Trends Analysis Report by Packaging Type (Recycled Content Packaging (Plastic, Paper, Glass, Metal), Reusable Packaging (Containers & Drums, Intermediate Bulk Containers, and Other Reusable Packing Products), and Degradable Packaging), and by Application (Food, Beverage, Pharmaceutical, Personal Care, and Other Applications) Forecast, 2021-2027

The global green packaging market is projected to grow at a CAGR of 5.3% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the increased concerns regarding the environment; and the harmful effects caused by the plastics on the environment. This has shifted the focus of the consumers towards the adoption of sustainable products which significantly creates a wide scope for the growth of the market during the forecast period. 

The global green packaging market is segmented on the basis of packaging type and application. Based on the packaging type, the market is segmented as recycled content packaging, reusable packaging, and degradable packaging. The recycled content packaging further includes plastic, paper, glass, and metal, whereas, the reusable packaging includes containers & drums, intermediate bulk containers, and other reusable packing products. The reusable packaging segment of the market is projected to hold the most substantial market share. Based on the application, the market is segmented as food, beverage, pharmaceutical, personal care, and other applications. The food segment of the market is projected to hold the most substantial market share.

Geographically, the global green packaging market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is projected to hold a significant market share. China, India, Japan, and the Rest of the Asia-Pacific are the major economies primarily contributing to the growth of the Green Packaging market in the region. Further, Amcor Ltd., Ball Corp., BASF SE, Berry Global Inc., DS Smith Plc, Mondi Group Plc, Nampak Ltd., and Sonoco Products Co. among others are some of the prominent players functioning in the global green packaging market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market. 

Research Methodology

The market study of the global green packaging market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global Green Packaging Market Research and Analysis by Packaging Type
2. Global Green Packaging Market Research and Analysis by Applications

The Report Covers

• Comprehensive research methodology of the global green packaging market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global green packaging market.
• Insights about market determinants which are stimulating the global green packaging market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of the market players.