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Green Packaging Market By Type (Degradable Packaging, Plastic Containers, Drums), By Application (Food And Beverages, Personal Care) - Growth, Future Prospects And Competitive Analysis, 2016 - 2024

This report, titled "Green Packaging Market: Growth, Future Prospects, and Competitive Analysis, 2016–2024," offers strategic insights into the trends in the green packaging market along with the market size and forecast for the duration of 2013–2024. The said research study incorporates an in-depth analysis of multiple market segments based on type, application, and geographical distribution.

The global green packaging market is becoming increasingly competitive as market players develop new products to reach their full capabilities and gain an international footprint. In addition, several players are also focused on developing niche products for the market. The rapid growth of this market has also resulted in the creation of further skilled job opportunities in major hubs spread across North America, Asia, and the Pacific.

Based on type, the global green packaging market is categorized into degradable packaging, plastic containers, drums, and others. On the basis of application, the global green packaging market is segmented into food and beverages, personal care, and others. In addition, food and cosmetic companies form the major clientele in these markets. This report presents the market size and forecast for all segments considered for the period 2013-2024 (US$ Mn), as well as their respective CAGRs for the forecast period 2016-2024 (value%).

In terms of geographical distribution, the global green packaging market is studied for five major regions, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Market size and forecasts for each regional and country-level market are included in the report for the considered periods.

To further elucidate, the geographical distribution of the global green packaging market is described as follows:

  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Germany
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • India
  • Rest of Asia Pacific
  • Middle East and Africa
  • GCC
  • Rest of the Middle East and Africa
  • Latin America
  • Brazil
  • Mexico
  • rest of Latin America

Along with the quantitative information sets, this report also provides qualitative information, such as market dynamics and an executive summary, for the global green packaging market. The report also includes tools to help readers with competitive mappings, such as competition assessment and appealing investment propositions. This study concludes with a company profile section. This section includes major information about the key companies engaged in the development and provision of green packaging.

On the basis of type, the green packaging market is categorized into the following types:

  • Degradable packaging
  • Plastic containers
  • Drums
  • Others

The green packaging market is also segmented on the basis of types, such as degradable packaging, plastic consumers, drums, and others. In 2015, the degradable packaging segment contributed the most to the total revenue of the green packaging market. The segment is expected to expand at an exponential compound annual growth rate over the forecast period. Degradable packaging is the fastest-growing method in the green packaging market. In the degradable packaging segment, paperboard packaging is anticipated to mark a significant share of the total segment over the forecast period. Apart from this, increasing demand for plastic containers for food storage is likely to impel the growth of the plastic containers segment over the forecast period.

On the basis of application, the green packaging market is categorized into the following types:

  • Food and beverages
  • Personal care
  • Others

The green packaging market is also segmented on the basis of application, such as food and beverages, personal care, and others. In 2015, the food and beverage segment contributed the most to the total revenue of the green packaging market. The segment is expected to expand at a stupendous compound annual growth rate over the forecast period. The other segments, which include the pharmaceutical and healthcare segments, are anticipated to observe robust growth over the forecast period. The rising utilization of recycled materials in healthcare products is expected to boost the growth of other segments over the forecast period.

It has been observed that consumers are becoming more concerned about their health. This has highlighted the need for manufacturers to look beyond the development of such products that will improve consumers' lives without jeopardizing the needs of future generations. Thus, increasing inclination towards such products and a changing mindset of consumers towards sustainable packaging-based products are anticipated to bolster the growth of the green packaging market over the period 2016–2024.

The global green packaging market is segmented on the basis of geography. With a revenue share of more than 30% in 2015, the Asia Pacific region contributed the most to the total green packaging market. Following it, Europe finished second that year. Higher health awareness and spending, along with eco-friendly technologies in these regions, are anticipated to contribute to a double-digit growth rate in the region. Besides this, changing consumer tastes and preferences in the Latin American region towards eco-friendly products are likely to bolster the growth of the green packaging market in the region over the forecast period.

Frequently Asked Questions:

The market for Green Packaging Market is expected to reach US$ 228.6 Bn By 2024.

The Green Packaging Market is expected to see significant CAGR growth over the coming years, at 5.5%.

The report is forecasted from 2016-2024.

The base year of this report is 2015.

Mondi Limited, Amcor Limited, Plastipak Holdings Inc., Uflex Limited are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Jan 2017
Category:  Packaging
Report ID:   58310
Report Format:   PDF
Pages:   120
Rating:    4.5 (70)
Delivery Time: 24 Hours to 48 Hours   
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