Introduction:

Green Packaging Market was valued at US$ 346.5 Billion in 2024 and is projected to grow at a CAGR of 6.80% to reach US$ 670.9 Billion by 2034.

Green packaging consists of materials and manufacturing methods used for packaging of products or goods that has a low impact on the environment. Green packaging is made from environment-friendly materials such as biodegradable plastics, recycled papers, solid bleach sulfate, recycled products, and plant-based plastics. Green packaging offers a platform for eco-friendly, healthy, and judicious methodology for packaging.

Rising initiatives by government bodies

The green packaging market is developing and is projected to show significant growth over the forecast period, owing to factors such as the advent of bioplastic, environmental concerns on sustainable development and administration of stringent rules and policies by regulatory authorities. Additionally, there is an increase in awareness among consumers of luxury goods, toward green packaging techniques that use bioplastics as raw material, across various sectors, including, personal body care, FMCG, and pharmaceutical. For instance, McDonald's, Dunkin Donuts, and Starbucks have promised to phase out materials like plastics and polystyrene in the wake of a global movement against pollution. As of 2016, over 60% of McDonald's fiber-based packaging, worldwide, was obtained from certified or recycled sources. A wide range of oil-based polymer is presently used in non-biodegradable packaging applications. It is difficult to reuse or recycle this kind of material because it can get contaminated. Thus, to overcome the disadvantages of non-biodegradable products, biodegradable plastics were developed from renewable resources. Moreover, green packaging can decrease greenhouse gas emissions effect, due to the reduced reliance on fossil fuels in production and biodegradable nature of the products. Garden waste and land-filled organic food release methane gas that is used as renewable energy and the compost by-product can be used to enhance the quality of soil which will boost the growth of the target market over the forecast period.

However, the high set up cost and high production have refrained businesses to adapt to green packaging. Also, lack of space for storing recycled material and lack of government initiatives, mainly in the developing countries, through subsidies for recycling act as a restraint to the target market growth.

 

    Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.

The green packaging market is segmented based on the type of packaging, industry, and region.

Based on the type of packaging, the global green packaging market is segmented into recycled content packaging, reusable packaging, and degradable packaging. Based on industry, the target market is classified into food, beverage, pharmaceutical, personal care, and other industries.

Regional Insights:

The green packaging market accounted for US$ 346.5 Billion in 2024 and is estimated to be US$ 670.9 Billion by 2034 and is anticipated to register a CAGR of 6.80%. On region the green packaging market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific green packaging market is estimated to witness fastest growth rate in terms of revenue over the forecast period, due to growing adoption of eco-friendly packaging solutions along with the presence of large customer base in this region. Moreover, growing demand for reusable and recyclable packaging material in developing economies of region namely India and China are projected to drive the target market growth shortly. Increasing focus of government towards the adoption of the environment-friendly packaging material is anticipated to boost demand for the global market over the forecast period.

Report Scope:

Attribute	Details
Base year for estimation	2023
Forecast period	2024 – 2034
Market representation	Revenue in USD Million & CAGR from 2024 – 2034
Market Segmentation	By Type Of Packaging- Recycled Content Packaging, Reusable Packaging, and Degradable Packaging By Industry– Food, Beverage, Pharmaceuticals, Personal Care, and Other Industries
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the global green packaging market report based on type of packaging, industry, and region.

Green Packaging Market, By Region:

• • • North America
      • • U.S.
        • Canada
    • Europe
      • • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

The key players operating in the green packaging market includes Amcor Limited, Sealed Air Corporation, Mondi Group, Tetra Pak International SA, Winpak Limited, Berry Global Inc., BASF SE, Bemis Company Inc., Huhtumaki Oyj, and DowDuPont.

Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the types to gain a competitive edge in the target market. For instance, in May 2018, Amcor announced the launch of two sustainable packaging innovations that improve efficiency and boost consumer convenience. While Polylnert laminates deliver a huge saving in material use and energy consumption, AluFix Retort Extra’s easy to- peel can-end has a low environmental impact.

• Amcor Ltd.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Sealed Air Corporation
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Mondi Group
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Tetra Pak International SA
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Winpak Ltd.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Berry Global Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• BASF SE
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Bemis Company Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Huhtumaki Oyj
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• DowDuPont
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

Table of Contents

1. Research Objective and Assumption
   • Preface
   • Research Objectives
   • Study Scope
   • Years Considered for the study
   • Assumptions
   • Abbreviations
2. Research Methodology
   • Research data
   • Primary Data
     • Primary Interviews
     • Primary Breakdown
     • Key data from Primary Sources
     • Key Industry Insights
   • Secondary Data
     • Major Secondary Sources
     • Secondary Sources
   • Market Estimation
   • Top-Down Approach
     • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
   • Bottom-Up Approach
     • Approach for estimating market share by Bottom-up Analysis (Demand Side)
   • Market Breakdown and Data Triangulation
   • Research Assumptions
3. Market Purview
   • Executive Summary
   • Key Findings—Global Outlook for Green Packaging Strategies
     • Key Questions this Study will Answer
     • Market Snippet, By Type of Packaging
     • Market Snippet, By Industry
     • Market Snippet, By Region
   • Opportunity Map Analysis
   • Executive Summary—3 Big Predictions
4. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
     • Market Trends
   • DR Impact Analysis
   • PEST Analysis
   • Porter’s Five Forces Analysis
   • Opportunity Orbit
   • Market Investment Feasibility Index
   • Macroeconomic Factor Analysis
5. Global Green Packaging Market, By Type of Packaging, 2020 – 2030, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
     • Y-o-Y Growth Analysis (%), 2020 – 2030
     • Segment Trends
   • Recycled Content Packaging
     • Overview
     • Market Green Packaging and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Reusable Packaging
     • Overview
     • Market Green Packaging and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Degradable Packaging
     • Overview
     • Market Green Packaging and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
6. Global Green Packaging Market, By Industry, 2020 – 2030, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
     • Y-o-Y Growth Analysis (%), 2020 – 2030
     • Segment Trends
   • Food
     • Overview
     • Market Green Packaging and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Beverage
     • Overview
     • Market Green Packaging and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Pharmaceutical
     • Overview
     • Market Green Packaging and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Personal Care
     • Overview
     • Market Green Packaging and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Other Industries
     • Overview
     • Market Green Packaging and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
7. Global Green Packaging Market, By Region, 2020 – 2030, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
     • Y-o-Y Growth Analysis (%), 2020 – 2030
     • Regional Trends
   • North America
     • Market Green Packaging and Forecast (US$ Mn), By Type of Packaging, 2020 – 2030
     • Market Green Packaging and Forecast (US$ Mn), By Industry, 2020 – 2030
     • Market Green Packaging and Forecast (US$ Mn), By Country, 2020 – 2030
       • U.S.
       • Canada
   • Europe
     • Market Green Packaging and Forecast (US$ Mn), By Type of Packaging, 2020 – 2030
     • Market Green Packaging and Forecast (US$ Mn), By Industry, 2020 – 2030
     • Market Green Packaging and Forecast (US$ Mn), By Country, 2020 – 2030
       • Germany
       • UK
       • France
       • Russia
       • Italy
       • Rest of Europe
   • Asia Pacific
     • Market Green Packaging and Forecast (US$ Mn), By Type of Packaging, 2020 – 2030
     • Market Green Packaging and Forecast (US$ Mn), By Industry, 2020 – 2030
     • Market Green Packaging and Forecast (US$ Mn), By Country, 2020 – 2030
       • China
       • India
       • Japan
       • South Korea
       • Rest of Asia Pacific
   • Latin America
     • Market Green Packaging and Forecast (US$ Mn), By Type of Packaging, 2020 – 2030
     • Market Green Packaging and Forecast (US$ Mn), By Industry, 2020 – 2030
     • Market Green Packaging and Forecast (US$ Mn), By Country, 2020 – 2030
       • Brazil
       • Mexico
       • Rest of Latin America
   • Middle East & Africa
     • Market Green Packaging and Forecast (US$ Mn), By Type of Packaging, 2020 – 2030
     • Market Green Packaging and Forecast (US$ Mn), By Industry, 2020 – 2030
     • Market Green Packaging and Forecast (US$ Mn), By Country, 2020 – 2030
       • GCC
       • Israel
       • South Africa
       • Rest of Middle East
8. Competitive Landscape
   • Heat Map Analysis
   • Market Presence and Specificity Analysis
9. Company Profiles
   • • Amcor Limited
       • Company Overview
       • Product Portfolio
       • Key Highlights
       • Financial Overview
       • Business Strategies
     • Sealed Air Corporation
     • Mondi Group
     • Tetra Pak International SA
     • Winpak Limited
     • Berry Global Inc.
     • BASF SE
     • Bemis Company Inc.
     • Huhtumaki Oyj
     • DowDuPont
10. The Last Word
    • Future Impact
    • About Us
    • Contact