Global Sustainable Packaging Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Sustainable Packaging Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Process (Reusable Packaging, Degradable Packaging, and Recycled Packaging), Material Type (Glass, Plastic, Metal, and Paper), End User (Pharmaceutical and Healthcare, Cosmetics and Personal Care, Food and Beverage, and Other End Users), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Sustainable Packaging Market was valued at USD 258,827.8 million in 2023 and is expected to reach USD 418,800.3 million by 2031 while growing at a CAGR of 6.2% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global sustainable packaging market growth. Sustainable packaging involves creating, producing, and using materials with minimal environmental impact and social responsibility. Its aim is to lessen the environmental and social footprint of the packaging industry.
Environmental concerns and regulatory pressures fuel the growth of the sustainable packaging market, but cost considerations and technical limitations could hinder its expansion.
Furthermore, the global sustainable packaging industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Process Analysis
The Global Sustainable Packaging Market is segmented among Reusable Packaging, Degradable Packaging, and Recycled Packaging, based on Process. In 2023, Reusable Packaging accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Material Type Analysis
The Global Sustainable Packaging Market is segmented among Glass, Plastic, Metal, and Paper, based on Material Type. In 2023, Paper accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Sustainable Packaging Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Amcor Limited, Westrock Company, TetraPak International SA, Sonoco Products Company, Smurfit Kappa Group PLC, Sealed Air Corporation, Mondi PLC, Huhtamaki OYJ, BASF SE, and Ardagh Group SA.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Sustainable Packaging Market Dynamics
Drivers
Restraints
Opportunity
4. Global Sustainable Packaging Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Sustainable Packaging Market Segmentation, By Process
Global Sustainable Packaging Market Share Analysis, By Process
Global Sustainable Packaging Market Growth Analysis, By Process
Global Sustainable Packaging Market Trends, By Process
o Reusable Packaging
o Degradable Packaging
o Recycled Packaging
6. Global Sustainable Packaging Market Segmentation, By Material Type
Global Sustainable Packaging Market Share Analysis, By Material Type
Global Sustainable Packaging Market Growth Analysis, By Material Type
Global Sustainable Packaging Market Trends, By Material Type
o Glass
o Plastic
o Metal
o Paper
7. Global Sustainable Packaging Market Segmentation, By End-user
Global Sustainable Packaging Market Share Analysis, By End-user
Global Sustainable Packaging Market Growth Analysis, By End-user
Global Sustainable Packaging Market Trends, By End-user
o Pharmaceutical and Healthcare
o Cosmetics and Personal Care
o Food and Beverage
o Other End Users
8. Global Sustainable Packaging Market Segmentation, By Region
Global Sustainable Packaging Market Share Analysis, By Region
Global Sustainable Packaging Market Growth Analysis, By Region
Global Sustainable Packaging Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Amcor Limited*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Westrock Company
TetraPak International SA
Sonoco Products Company
Smurfit Kappa Group PLC
Sealed Air Corporation
Mondi PLC
Huhtamaki OYJ
BASF SE
Ardagh Group SA
*Similar analysis will be provided for each company listed above.
