Green Packaging Market will accelerate at a CAGR of 8.63% during 2021-2025|17000+ Technavio Reports

NEW YORK, Oct. 4, 2021 /PRNewswire/ — The green packaging market size is expected to grow by USD 118.88 billion…

NEW YORK, Oct. 4, 2021 /PRNewswire/ — The green packaging market size is expected to grow by USD 118.88 billion and record a CAGR of 8.63% from 2021 to 2025. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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Factors such as growing demand for bio-based resins as a packaging material, and stringent regulations & increasing government initiatives to promote sustainable materials will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The green packaging market is fragmented, and the degree of fragmentation will accelerate during the forecast period.

Green Packaging Market 2021-2025: Segmentation

  • Product
    • Recyclable
    • Reusable
    • Degradable
  • End-user
    • Food Industry
    • Beverage Industry
    • Healthcare Industry
    • Personal Care Industry
    • Others
  • Geography
    • APAC
    • North America
    • Europe
    • South America
    • MEA

Green Packaging Market 2021-2025: Vendor Analysis and Scope

Some of the major vendors of the green packaging market in the metal & glass industry include Amcor Plc, Ball Corp., Be Green Packaging, Crown Holdings Inc., DS Smith Plc, DuPont de Nemours Inc., Evergreen Packaging LLC, Mondi Group, Nampak Ltd., and Sealed Air Corp. To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 25 vendors operating in the market.

The report also covers the following areas:

Market trend such as rising demand for biodegradable packaging materials in the food and beverages industry is likely to emerge as one of the primary drivers of the market. However, factors such as the rise in the prices of green packaging solutions due to the high cost of bio-based resins may threaten the growth of the market.

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Green Packaging Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist green packaging market growth during the next five years
  • Estimation of the green packaging market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the green packaging market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of green packaging market vendors

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Green Packaging Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerating at 8.63%

Market growth 2021-2025

$ 118.88 billion

Market structure

Fragmented

YoY growth (%)

7.87

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 47%

Key consumer countries

US, China, UK, India, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Amcor Plc, Ball Corp., Be Green Packaging, Crown Holdings Inc., DS Smith Plc, DuPont de Nemours Inc., Evergreen Packaging LLC, Mondi Group, Nampak Ltd., and Sealed Air Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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