Sustainable Packaging Market Growth, Trends, COVID-19 Impact and Forecast to 2029

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Europe is expected to emerge as the major contributor in terms of revenue in the Sustainable Packaging market during the forecast period.

Sustainable PackagingMarketInsights Unveiled:

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Anticipated Growth in Revenue:

TheGlobal Sustainable Packaging marketsize reached USD 281.42 Bn in 2022 and is expected to reach USD 406.66 Bn by 2029, growing at a CAGR of 5.4 % during the forecast period.

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Segmentation: The Art of Unveiling

by Material Type

1. Paper and Paperboard
2. Plastics
1. Biodegradable
2. Bio-based
3. Aluminum
4.Others

Based on Material Type, the category for paper and paperboard had the highest revenue share in 2022 at 21.2%. Positive trend that indicates rising understanding of the need for sustainable packaging solutions is the high demand for sustainable paper and paperboard materials for the import and export of packaging products.

by Packaging Type

1. Rigid Packaging
2. Flexible Packaging

According to Packaging Type, the segment for rigid packaging held a sizable market share of about 18.2% in 2022 and is anticipated to keep doing so over the projected period. Many businesses make rigid packaging goods with sustainable materials.

by End User

1. Pharmaceutical and Healthcare
2. Cosmetics and Personal Care
3. Food and Beverage
4. Other End Users

According to End Users, the food and beverage category held a sizable market share of over 56.3% in 2022 and is anticipated to increase over the course of the projected period. Numerous businesses use recycled plastics in their packaging, either by adding recycled materials to their current packaging or by developing brand-new packaging options made completely of recycled materials.

Key Players: Masters of the Market Arena

1. Sonoco Products Company
2. Amcor pie
3. Gerresheimer AG
4. Smurfit Kappa
5. Ball Corporation
6. BASF SE
7. Ardagh Group S.A.
8. Crown Holding,Inc.
9. WestRock Company
10. DS Smith
11. Mondi
12. International Paper
13. Berry Global
14. Printpack
15. Sealed Air
16. Stora Enso Oyj
17. Georgia-Pacific
18. Huhtamaki
19. Genpak,LLC
20. Tetra Pak InternationalS.A.
21. Billerud
22. Albea S.A.
23. HCP Packaging

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Regional Revelations

Be immersed in the grandeur of formal, functional, and vernacular regional analyses, where the fiery crucible of demand ignites the business landscapes of Asia Pacific, North America, Latin America, the Middle East, Europe, and Africa. Behold the splendor of distinct targets, strategies, and market values, harmonizing the symphony of success in each captivating region.

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Key Offerings - The Bountiful Treasures

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