Global Green Food Packaging Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 338.93 Million |
Market Size (Forecast Year) |
USD 753.38 Million |
CAGR |
|
Major Markets Players |
Global Green Food Packaging Market Segmentation, By Packaging Type (Recycled Content, Reusable Packaging, Degradable Packaging), Material (Glass, Paper & Paperboard, Plastic, Metal), Application (Bakery, Confectionery, Convenience foods, Dairy Products, Fruits and Vegetables, Sauces, Dressing and Condiments, Others), Type (Bottles, Cans, Pouches, Boxes) - Industry Trends and Forecast to 2031.
Global Green Food Packaging Market Size
Global green food packaging market size was valued at USD 338.93 billion in 2023 and is projected to reach USD 753.38 billion by 2031, with a CAGR of 10.0% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
Attributes |
Green Food Packaging Key Market Insights |
Segmentation |
By Packaging Type: Recycled Content, Reusable Packaging, Degradable Packaging By Material: Glass, Paper & Paperboard, Plastic, Metal By Application: Bakery, Confectionery, Convenience foods, Dairy Products, Fruits and Vegetables, Sauces, Dressing and Condiments, Others By Type: Bottles, Cans, Pouches, Boxes |
Countries Covered |
U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa |
Key Market Players |
Mondi, DuPont, Sealed Air, Tetra Pak International S.A, R.S.C Luxembourg, Plastipak holdings, inc, UFlex Limited, Elopak, BASF SE, Catalyst Paper, Clorox Company, Berry Global Inc, Tetra Laval International S.A, Ball Corporation |
Global Green Food Packaging Market Definition
Green packaging is also known as sustainable packaging; designers can make packaging viable by considering the environmental impact in terms of manufacturing, disposal or usage. By following the government regulations most of the manufactures are using sustainable packaging to eliminate any kind of chemicals which can lead to harm to water, soil and atmosphere of our planet.
Green Food Packaging Market Dynamics
Drivers
- Rising adoption of sustainable packaging to reduce carbon footprints
Due to the growing environmental concerns, green packaging has gained traction in the majority of countries. Rising transportation and energy costs are also contributing to the market's expansion. Furthermore, negative consumer perceptions of conventional packaging and government pressure to shift toward eco-friendly materials have fuelled market growth. Several brands have recently implemented green packaging solutions to reduce their carbon footprint.
Growing demand in various applications
Due to their inherent advantages, such as quality control, durability, hygiene, and preservation, these systems are widely used in various applications, including bakery and confectionery, meat, seafood, poultry, dairy, and grains. The product is becoming more widely used in end-use industries, particularly in Asia Pacific, where rising domestic manufacturing and consumer income levels are driving innovation in this sector.
Opportunity
Stringent government regulations, packaging industry downsizing, and technological advancements in the packaging industry for the production of packaging using non-petroleum products are driving the market for eco-friendly food packaging. Additionally, innovative products such as edible packaging and water-soluble packaging are fuelling the market for eco-friendly food packaging.
Restraints
High production costs and fluctuating raw material prices will restrain the growth of the global green food packaging market. Lockdowns imposed as a result of the COVID-19 pandemic have shut down operations across economies, causing significant market restraint.
High cost of production and fluctuating raw material prices will act as a restrain, and further challenge the growth of the green food packaging market. This green food packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on green food packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Green Food Packaging Market Scope
Green food packaging market is segmented on the basis of packaging type, material, application and type. The growth among segments helps to analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Packaging type
- Recycled content
- Reusable packaging
- Degradable packaging
Material
- Glass
- Paper & paperboard
- Plastic
- Metal
Application
- Bakery
- Confectionery
- Convenience foods
- Dairy products
- Fruits and vegetables
- Sauces
- Dressing
- Condiments
- Others
Type
- Bottles
- Cans
- Pouches
- Boxes
Green Food Packaging Market Regional Analysis
Green food packaging market is analyses and market size, volume information is provided by country by packaging type, material, application and type as referenced above.
The countries covered in the green food packaging market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA)
Asia-Pacific is dominating the food packaging market due to the presence of a large consumer base and increasing government focus on adoption of eco-friendly solutions.
The country section of the green food packaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Green Food Packaging Market Share Analysis
Green food packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to green food packaging market.
Green Food Packaging Market Leaders Operating in the Market Are:
- Mondi
- DuPont
- Sealed Air
- Tetra Pak International S.A
- R.S.C Luxembourg
- Plastipak holdings, inc
- UFlex Limited
- Elopak, BASF SE,
- Catalyst Pape
- Clorox Company
- Berry Global Inc
- Tetra Laval International S.A
- Ball Corporation
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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