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Green Packaging Market Expected Reach $207,543 Million, Globally by 2022

The Global Green Packaging Market generated revenue of $132,556 million in 2015, and is expected to reach $207,543 million by 2022, growing at a CAGR of 5.41% from 2016 to 2022. The food & beverage segment accounted for more than three-fifths of overall share in the applications segment.

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Green Packaging Market Expected Reach $207,543 Million, Globally by 2022

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  1. Surgical Sutures Market Opportunities and Forecasts, 2014 – 2021 Green Packaging Market 2014-2022 Published Date: Jan 2017 No. of pages : 135

  2. Introduction • The Global Green Packaging Market generated revenue of $132,556 million in 2015, and is expected to reach $207,543 million by 2022, growing at a CAGR of 5.41% from 2016 to 2022. • The food & beverage segment accounted for more than three-fifths of overall share in the applications segment.

  3. Current and Future Market Scenario • Rise in hygiene & health concerns among consumers boosts the demand for green packaging with applications in sustainable packaging. Moreover, stringent government regulations on nondegradable plastics and increase in demand for recycled packaging products have fueled the market growth. • Furthermore, reverse logistics in packaging industry has eased the transportation of municipal wastes to recycle plants. Initiatives by multinational companies such as Dow Chemical Company, Henkel AG & KGaA, and Mitsubishi Corporation to promote sustainable development by forming a community called Together for Sustainability provides opportunity to the market. • This initiative supports the United Nations Global Compact and Responsible Care to achieve sustainable development.

  4. Factors Contributing to Market Growth • The recycle content packaging segment is expected to grow with a CAGR of 4.92%. Bioplastics have flourished in healthcare and pharmaceutical applications, and are accepted as an alternative for polymer oil-based products. • In addition, reverse logistics and increase in number of legislations for ecological packaging techniques have facilitated the recycle of municipal wastes.

  5. Green Packaging Market Segments By Packaging Type • Recycled Content Packaging • Paper • Plastic • Metal • Glass • Reusable Packaging • Drums By Application • Food and Beverage • General Surgeries • Personal Care • Health Care By Region • North America • Europe • Asia-Pacific • LAMEA

  6. Region Overview • Utilization of degradable raw materials has shown major growth in developed and developing nations. • In 2015, Europe demonstrated maximum demand for bioplastics with the potential to witness significant growth in future. In addition, Asia-Pacific accounted for approximately one-fourth share of the total volume.

  7. Leading Players • The prominent players profiled in the report are Amcor Limited, E. I. DuPont de Nemours and Company, Mondi Limited, Sealed Air Corporation, TetraPak International S.A., Ardagh Group Co., PlastiPak Holdings, Inc., Bemis Company, Inc., Uflex limited, and ELOPAK AS.

  8. Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/green-packaging-market Follow Us On

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