Green Packaging Market by Product, End-user, and Geography - Forecast and Analysis 2021-2025
- Published: Sep 2021
- Pages: 120
- SKU: IRTNTR70940
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The green packaging market share is expected to increase by USD 118.88 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 8.63%.
This green packaging market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by product (recyclable, reusable, and degradable), end-user (food industry, beverage industry, healthcare industry, personal care industry, and others), and geography (APAC, North America, Europe, South America, and MEA). The green packaging market report also offers information on several market vendors, including 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. among others.
What will the Green Packaging Market Size be During the Forecast Period?
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Green Packaging Market: Key Drivers and Trends
The growing demand for bio-based resins as a packaging material is notably driving the green packaging market growth, although factors such as a rise in the prices of green packaging solutions due to the high cost of bio-based resins may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the green packaging market industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Green Packaging Market Key Driver
One of the key factors driving growth in the green packaging market is the growing demand for bio-based resins as a packaging material. The packaging solutions manufactured from renewable bio-based resins or bio-based polymers, such as starch, cellulose, bio-epoxy, and polyglycolic acid, are helping businesses to reduce their reliance on fossil fuels. DuPont has developed Biomax Strong and Surlyn polymers for the manufacturing of packaging solutions. Bio-based resins have no or minimal effects on the environment. The degradation of polymer resins is generated by products such as water and hydrocarbons, which do not harm the environment. For instance, the use of Biomax Strong to the renewably sourced polylactic acid increases the strength of the material and reduces the energy consumption during extrusion by 30%. Thus, the growth in the demand for sustainable packaging materials across the value chain is driving the growth of the global green packaging market.
Green Packaging Market Key Trend
The rising demand for green packaging from emerging countries is another major factor supporting the green packaging market share growth. The main reason for the growth of the market in such countries is the change in the perception of retailers and consumers about packaging materials as packaging waste accounts for a large share of the global plastic waste. The rise in the number of landfills with plastic waste is increasing the emission of greenhouse gases, which will harm the environment. The rising global concerns regarding global warming have forced countries across the globe to draft a global agreement, namely the Paris Agreement or COP 21, on the reduction of the climate change impact. The growing demand for sustainable business development in emerging countries will strengthen the global demand for green packaging solutions.
Green Packaging Market Key Challenge
The rise in the prices of green packaging solutions due to the high cost of bio-based resins will be a major challenge for the green packaging market. The uncertainty in the demand and supply of bio-based resins has increased the volatility of the prices of raw materials. The cost of producing biodegradable polymers is 25%-75% higher than that of conventional plastics. The high cost of polymers increases the production cost of packaging solutions. The global green packaging market is at the nascent stage, and the degree of competition is high in the market. A rise in production costs will reduce the profit margin of the packaging vendors.
This green packaging market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Parent Market Dynamics
Technavio categorizes the global green packaging market as a part of the global metal and glass containers market within the overall global containers and packaging market. The global metal and glass containers market includes products of metal, glass, or plastic containers, including corks and caps.
The global containers and packaging products market includes the combined revenue generated by manufacturers/providers of metal, glass, and plastic containers, and paper packaging. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the market in focus during the forecast period.
Who are the Major Green Packaging Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Amcor Plc
- Ball Corp.
- Be Green Packaging
- Crown Holdings Inc.
- DS Smith Plc
- DuPont de Nemours Inc.
- Evergreen Packaging LLC
- Mondi Group
- Nampak Ltd.
- Sealed Air Corp.
This statistical study of the green packaging market encompasses successful business strategies deployed by the key vendors. The green packaging market is fragmented and the vendors are deploying growth strategies such as product differentiation and price differentiation. to compete in the market.
Product Insights and News
- Ball Corp. - In June 2020, Ball Corp., announced a partnership with Blue Ocean Innovative Solutions for the retail launch of the ball aluminum cup. As aluminum cups offer consumers a better beverage drinking experience and is a game changer for retailers, entertainment venues and concessionaires who want to offer more sustainable packaging options
- DuPont de Nemours Inc. - In April 2021, DuPont announced that it is investing approximately $30 million to build a new manufacturing facility in Zhangjiagang, Jiangsu Province in East China. This new facility will produce adhesives to serve customers in the transportation industry, primarily in support of two industry mega trends, vehicle electrification applications and lightweighting
- Mondi Group - In June 2021, Mondi announced that it is increasing capacity for its paper-based MailerBAG range to further replace plastic packaging in e-commerce with a recyclable solution made of responsibly sourced renewable materials. The bags are made from kraft paper, a renewable material, and are completely re-usable and recyclable.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The green packaging market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Green Packaging Value Chain Analysis
Our report provides extensive information on the value chain analysis for the green packaging market, which vendors can leverage to gain competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of metal and glass containers market products includes the following core components:
- Inbound logistics
- Outbound logistics
- Marketing and sales
The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
Which are the Key Regions for Green Packaging Market?
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47% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for green packaging market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The surge in demand for sustainable packaging solutions from the food and beverage, pharmaceutical, e-commerce, and organized retail industries in countries such as China, India, Australia, Singapore, Japan, Malaysia, and South Korea will facilitate the green packaging market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The outbreak led to the temporary shutdown of production units of end-user industries, such as personal care, in 2020. owever, the market in this region is expected to recover and grow during the forecast period. The legal cannabis market report has further insights to estimate the COVID recovery rate in all the regions.
What are the Revenue-generating Product Segments in the Green Packaging Market?
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The green packaging market share growth by the recyclable segment will be significant during the forecast period. The growing global awareness of the need for recyclable and sustainable packaging solutions is the major factor driving the growth of this segment.
This report provides an accurate prediction of the contribution of all the segments to the growth of the green packaging market size and actionable market insights on post COVID-19 impact on each segment.
Green Packaging Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 8.63%
Market growth 2021-2025
$ 118.88 billion
YoY growth (%)
APAC, North America, Europe, South America, and MEA
Performing market contribution
APAC at 47%
Key consumer countries
US, China, UK, India, and Germany
Leading companies, Competitive strategies, Consumer engagement scope
|Amcor Plc, Ardagh Group SA, Ball Corp., Be Green Packaging, BioMass Packaging, Clondalkin Group Holdings BV, Crown Holdings Inc., DS Smith Plc, DuPont de Nemours Inc., Ecologic, Elopak AS, Evergreen Packaging LLC, Mondi Group, Nampak Ltd., Sealed Air Corp., SGD Pharma, Stora Enso Oyj, Sustainable packaging industries, Tetra Laval International SA|
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 forecast period
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
What are the Key Data Covered in this Green Packaging Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive green packaging market growth during the next five years
- Precise estimation of the green packaging market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the green packaging market industry across APAC, North America, Europe, South America, and MEA
- A thorough 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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1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
2.2 Market Characteristics
Exhibit 02: Market Characteristics
2.3 Value chain analysis
Exhibit 03: Metal and Glass Containers Market
2.3.2 Inbound logistics
2.3.4 Outbound logistics
2.3.5 Marketing and sales
3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
3.4.1 Estimating growth rates for emerging and high-growth markets
3.4.2 Estimating growth rates for mature markets
Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ billion)
Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
Market condition - Five forces 2020
5. Market Segmentation by Product
The segments covered in this chapter are:
5.1 Market segments
Exhibit 15: Product - Market share 2020-2025 (%)
5.2 Comparison by Product
Exhibit 16: Comparison by Product
5.3 Recyclable - Market size and forecast 2020-2025
Exhibit 17: Recyclable - Market size and forecast 2020-2025 ($ billion)
Exhibit 18: Recyclable - Year-over-year growth 2020-2025 (%)
5.4 Reusable - Market size and forecast 2020-2025
Exhibit 19: Reusable - Market size and forecast 2020-2025 ($ billion)
Exhibit 20: Reusable - Year-over-year growth 2020-2025 (%)
5.5 Reusable - Market size and forecast 2020-2025
Exhibit 21: Reusable - Market size and forecast 2020-2025 ($ billion)
Exhibit 22: Reusable - Year-over-year growth 2020-2025 (%)
5.6 Market opportunity by Product
Exhibit 23: Market opportunity by Product
6. Market Segmentation by End-user
The segments covered in this chapter are:
- Food industry
- Beverage industry
- Healthcare industry
- Personal care industry
6.1 Market segments
Exhibit 24: End-user - Market share 2020-2025 (%)
6.2 Comparison by End-user
Exhibit 25: Comparison by End-user
6.3 Food industry - Market size and forecast 2020-2025
Exhibit 26: Food industry - Market size and forecast 2020-2025 ($ billion)
Exhibit 27: Food industry - Year-over-year growth 2020-2025 (%)
6.4 Beverage industry - Market size and forecast 2020-2025
Exhibit 28: Beverage industry - Market size and forecast 2020-2025 ($ billion)
Exhibit 29: Beverage industry - Year-over-year growth 2020-2025 (%)
6.5 Healthcare industry - Market size and forecast 2020-2025
Exhibit 30: Healthcare industry - Market size and forecast 2020-2025 ($ billion)
Exhibit 31: Healthcare industry - Year-over-year growth 2020-2025 (%)
6.6 Personal care industry - Market size and forecast 2020-2025
Exhibit 32: Personal care industry - Market size and forecast 2020-2025 ($ billion)
Exhibit 33: Personal care industry - Year-over-year growth 2020-2025 (%)
6.7 Others industry - Market size and forecast 2020-2025
Exhibit 34: Others industry - Market size and forecast 2020-2025 ($ billion)
Exhibit 35: Others industry - Year-over-year growth 2020-2025 (%)
6.8 Market opportunity by End-user
Exhibit 36: Market opportunity by End-user
7. Customer landscape
Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
Exhibit 37: Customer landscape
8. Geographic Landscape
The regions covered in the report are:
- North America
- South America
8.1 Geographic segmentation
Exhibit 38: Market share by geography 2020-2025 (%)
8.2 Geographic comparison
Exhibit 39: Geographic comparison
8.3 APAC - Market size and forecast 2020-2025
Exhibit 40: APAC - Market size and forecast 2020-2025 ($ billion)
Exhibit 41: APAC - Year-over-year growth 2020-2025 (%)
8.4 North America - Market size and forecast 2020-2025
Exhibit 42: North America - Market size and forecast 2020-2025 ($ billion)
Exhibit 43: North America - Year-over-year growth 2020-2025 (%)
8.5 Europe - Market size and forecast 2020-2025
Exhibit 44: Europe - Market size and forecast 2020-2025 ($ billion)
Exhibit 45: Europe - Year-over-year growth 2020-2025 (%)
8.6 South America - Market size and forecast 2020-2025
Exhibit 46: South America - Market size and forecast 2020-2025 ($ billion)
Exhibit 47: South America - Year-over-year growth 2020-2025 (%)
8.7 MEA - Market size and forecast 2020-2025
Exhibit 48: MEA - Market size and forecast 2020-2025 ($ billion)
Exhibit 49: MEA - Year-over-year growth 2020-2025 (%)
8.8 Key leading countries
Exhibit 50: Key leading countries
8.9 Market opportunity by geography
Exhibit 51: Market opportunity by geography ($ billion)
9. Drivers, Challenges, and Trends
9.1 Market drivers
9.1.1 Growing demand for bio-based resins as a packaging material
9.1.2 Rising demand for biodegradable packaging materials in the food and beverages industry
9.1.3 Stringent regulations and increasing government initiatives to promote sustainable materials
9.2 Market challenges
9.2.1 Rise in the prices of green packaging solutions due to the high cost of bio-based resins
9.2.2 Operational complexities in the adoption of bioplastics
9.2.3 Lack of awareness and acceptance of green packaging solutions
Exhibit 52: Impact of drivers and challenges
9.3 Market trends
9.3.1 Rising demand for green packaging from emerging countries
9.3.2 Growing use of green packaging solutions in the e-commerce industry
9.3.3 Rise in demand for biodegradable and sustainable packaging films
10. Vendor Landscape
10.1 Competitive scenario
10.2 Vendor landscape
Exhibit 53: Vendor landscape
10.3 Landscape disruption
The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025.
Exhibit 54: Landscape disruption
10.4 Industry risks
Exhibit 55: Industry risks
11. Vendor Analysis
11.1 Vendors covered
Exhibit 56: Vendors covered
11.2 Market positioning of vendors
Exhibit 57: Market positioning of vendors
11.3 Amcor Plc
Exhibit 58: Amcor Plc - Overview
Exhibit 59: Amcor Plc - Business segments
Exhibit 60: Amcor Plc - Key news
Exhibit 61: Amcor Plc - Key offerings
Exhibit 62: Amcor Plc - Segment focus
11.4 Ball Corp.
Exhibit 63: Ball Corp. - Overview
Exhibit 64: Ball Corp. - Business segments
Exhibit 65: Ball Corp. - Key news
Exhibit 66: Ball Corp. - Key offerings
Exhibit 67: Ball Corp. - Segment focus
11.5 Be Green Packaging
Exhibit 68: Be Green Packaging - Overview
Exhibit 69: Be Green Packaging - Business segments
Exhibit 70: Be Green Packaging - Key offerings
11.6 Crown Holdings Inc.
Exhibit 71: Crown Holdings Inc. - Overview
Exhibit 72: Crown Holdings Inc. - Business segments
Exhibit 73: Crown Holdings Inc. - Key offerings
Exhibit 74: Crown Holdings Inc. - Segment focus
11.7 DS Smith Plc
Exhibit 75: DS Smith Plc - Overview
Exhibit 76: DS Smith Plc - Business segments
Exhibit 77: DS Smith Plc - Key news
Exhibit 78: DS Smith Plc - Key offerings
Exhibit 79: DS Smith Plc - Segment focus
11.8 DuPont de Nemours Inc.
Exhibit 80: DuPont de Nemours Inc. - Overview
Exhibit 81: DuPont de Nemours Inc. - Business segments
Exhibit 82: DuPont de Nemours Inc. - Key news:
Exhibit 83: DuPont de Nemours Inc. - Key offerings
Exhibit 84: DuPont de Nemours Inc. - Segment focus
11.9 Evergreen Packaging LLC
Exhibit 85: Evergreen Packaging LLC - Overview
Exhibit 86: Evergreen Packaging LLC - Product and service
Exhibit 87: Evergreen Packaging LLC - Key news
Exhibit 88: Evergreen Packaging LLC - Key offerings
11.10 Mondi Group
Exhibit 89: Mondi Group - Overview
Exhibit 90: Mondi Group - Business segments
Exhibit 91: Mondi Group - Key news
Exhibit 92: Mondi Group - Key offerings
Exhibit 93: Mondi Group - Segment focus
11.11 Nampak Ltd.
Exhibit 94: Nampak Ltd. - Overview
Exhibit 95: Nampak Ltd. - Business segments
Exhibit 96: Nampak Ltd. - Key offerings
Exhibit 97: Nampak Ltd. - Segment focus
11.12 Sealed Air Corp.
Exhibit 98: Sealed Air Corp. - Overview
Exhibit 99: Sealed Air Corp. - Business segments
Exhibit 100: Sealed Air Corp. - Key news
Exhibit 101: Sealed Air Corp. - Key offerings
Exhibit 102: Sealed Air Corp. - Segment focus
12.1 Scope of the report
12.1.1 Market definition
12.1.3 Notes and caveats
12.2 Currency conversion rates for US$
Exhibit 103: Currency conversion rates for US$
12.3 Research Methodology
Exhibit 104: Research Methodology
Exhibit 105: Validation techniques employed for market sizing
Exhibit 106: Information sources
12.4 List of abbreviations
Exhibit 107: List of abbreviations
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Frequently Asked Questions?
- Growing demand for bio-based resins as a packaging material
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