Quick Summary:
As environmental consciousness continues to permeate global industries, the growth of the environmentally friendly packaging market is impossible to ignore. With increasing consumer focus on decreasing the carbon footprint and the shift in purchasing habits based on social responsibility, environmental impact, and inclusiveness, the demand for this market is escalating. Dominated by major players such as Amcor plc, Bemis Company Inc, and Tetra Laval International SA amongst others, this market offers numerous opportunities and potential for sustainable growth.
Our comprehensive environmentally friendly packaging market research report delivers a clear and detailed analysis of the current and future scenarios of this industry. This report serves as an essential tool, providing you with the insights needed to make informed decisions, identify new opportunities, and understand the key trends shaping the market. The report covers key aspects such as market sizes, regional shares, major competitors, detailed sector break-down, and significant industry trends. This is critical intelligence for any organization looking to gain a competitive advantage in the environmentally friendly packaging market.
The environmentally friendly packaging market consists of sales of environmentally friendly packaging products by entities (organizations, sole traders, and partnerships) that is used to protect the environment. Environmentally friendly packaging refers to packaging that is safe for people and the planet, can be easily recycled, and is produced from recycled or other environmentally friendly materials. It utilizes less energy consumption and natural resources for its manufacture.
The main types of environmentally friendly packaging are recycled content packaging, reusable packaging, and degradable packaging. Recycled content packaging is manufactured by using recycled products which helps to protect the environment. Recycled content packaging is any packaging product produced using non-virgin materials which were previously used. Bags, pouches & sachets, boxes, containers, films, trays, tubes, bottles & jars, and cans are produced using environmentally friendly packaging. The materials used to manufacture the packaging solutions are paper & paper board, plastic, metal, glass, and starch-based materials. Active, moulded, and alternate fibre packaging are the techniques used. Primary, secondary and tertiary are packaging layers.
Western Europe was the largest region in the environmintally friendly packing market in 2021. Asia pacific is expected to be the fastest-growing region in the forecast period. The regions covered in environmentally friendly packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Increasing awareness about environmental concerns among consumers is expected to propel the growth of the environmentally friendly packaging market. People across the world are aware of the current environmental pollution and its drastic effects on the climate. Purchasing environmental friendly packaging by customers decreases plastic usage. According to a study conducted by Mastercard Inc, a USA-based financial technology company, in 2021, across 24 countries, 54% of adults after COVID-19 feel that it is important to decrease their carbon footprint. Furthermore, in 2020, 79% of consumers are changing their purchase habits and buying products based on social responsibility, inclusiveness, or environmental impact. Also, 67% of consumers are more cautious about the scarcity of natural resources due to the COVID-19 crisis. Thus, Increasing awareness about environmental concerns among consumers is driving the growth of the environmentally friendly packaging market.
New product innovations are the key trends gaining popularity in the environmentally friendly packaging market. Major companies operating in the market are introducing new products to strengthen their position in the market, such as PET containers made from post-consumer recycled content (PCR) resin. For instance, In February 2020, Amcor, a Switzerland-based packaging company, launched a PET container manufactured from post-consumer recycled content that are clear bottles in two sizes, 100 cubic centimetres and 150 cubic centimetres.
In February 2022, HP (Hewlett-Packard), a US-based information technology company, acquired Choose packaging for an undisclosed amount. With this acquisition, HP adds the Choose packaging's portfolio into its Personalization & 3D Printing business to scale its technology and client base and plans to disrupt the single-use plastics market with fibre-based, plastic-free packaging. Choose packaging is a UK based manufacturer of a plastic-free packaging company.
The countries covered in the environmentally friendly packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The environmentally friendly packaging market research report is one of a series of new reports that provides environmentally friendly packaging market statistics, including environmentally friendly packaging industry global market size, regional shares, competitors with a environmentally friendly packaging market share, detailed environmentally friendly packaging market segments, market trends and opportunities, and any further data you may need to thrive in the environmentally friendly packaging industry. This environmentally friendly packaging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Major players in the environmentally friendly packaging market market are Amcor plc, Bemis Company Inc, Tetra Laval International SA, Mondi, BASF SE, Sonoco Products Company, Smurfit Kappa, Sealed Air, Huhtamaki Oyj, West Rock Company, Gerresheimer AG, Ball Corporaton, Ardagh Group SA, DS Smith, Berry Global Inc, and Reynolds Packaging.
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What is the estimated value of the Global Environmentally Friendly Packaging Market?
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Who are the key companies in the Global Environmentally Friendly Packaging Market?
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | November 2022 |
Forecast Period | 2022 - 2026 |
Estimated Market Value ( USD | $ 214.08 billion |
Forecasted Market Value ( USD | $ 270.89 billion |
Compound Annual Growth Rate | 6.1% |
Regions Covered | Global |
Table of Contents
Executive Summary
Environmentally Friendly Packaging Market Global Market Report 2022: Ukraine-Russia War Impact provides the strategists, marketers and senior management with the critical information they need to assess the global environmentally friendly packaging market market.This report focuses on environmentally friendly packaging market market which is experiencing strong growth. The report gives a guide to the environmentally friendly packaging market market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Assessment of Russia - War Impact on agriculture, energy and mineral commodities supply and their direct and indirect impact on the market analyzed in the report.
- Impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider environmentally friendly packaging market market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
- Forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of covid 19 on supply chains and consumption patterns.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The environmentally friendly packaging market market section of the report gives context. It compares the environmentally friendly packaging market market with other segments of the environmentally friendly packaging market market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, environmentally friendly packaging market indicators comparison.
Scope
Markets Covered:1) By Type: Recycled Content Packaging; Reusable Packaging; Degradable Packaging
2) By Product Type: Bags; Pouches and Sachets; Boxes; Containers; Films; Trays; Tubes; Bottles and Jars; Cans; Other product types
3) By Material Type: Paper and Paper Board; Plastic; Metal; Glass; Starch-Based Materials; Other materials
4) By Technique: Active Packaging; Molded Packaging; Alternate Fiber Packaging; Other techniques
5) By Layer: Primary Packaging; Secondary Packaging; Tertiary Packaging
Companies Mentioned: Amcor plc; Bemis Company Inc.; Tetra Laval International SA.; Mondi; BASF SE
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Amcor plc
- Bemis Company Inc
- Tetra Laval International SA
- Mondi
- BASF SE
Methodology
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