The Global Eco-Friendly Packaging Market is expected to grow with a CAGR of 4.5% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below:

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The global eco-friendly packaging market is a highly consolidated market, including a specific number of key and local players. The market has witnessed increased strategic developments owing to favorable market scenarios.

The major players in the global eco-friendly packaging market are introducing a strong range of product portfolios. This helped companies to maximize sales with an enhanced product portfolio.

For instance,

• In June 2021, WestRock Company announced an expansion of its product packaging offerings with the launch of its EverGrow Collection. This product launch and expansion will help West Rock Company to serve more customers

WestRock Company is expected to dominate in the global eco-friendly packaging market. Some of the major players engaged in the global eco-friendly packaging market are Huhtamaki, DS Smith, Ball Corporation, Tetra Pak, Printpack, Mondi, Sealed Air, Sonoco Products Company, Pactiv Evergreen Inc., Berry Global Inc., EMERALD PACKAGING, Amcor plc, UFlex Limited, Nampak Ltd., Plastipak Holdings, Inc., Crown Holdings, Inc., Ardagh Group S.A., Smurfit Kappa, and Elopak, among others.

WestRock Company

WestRock Company has headquarters in Georgia, U.S. It has public ownership. The company focuses on providing developments in papermaking, packaging design, and retail solutions. The company provides business segments such as corrugated packaging and consumer packaging, which are also market-focused segments. The company has wide product categories such as corrugated solutions, machinery solutions, consumer packaging solutions, paper solutions. Under which corrugated solutions and consumer packaging solutions are the market-focused categories.

• In July 2021, Liquibox and WestRock, two leaders in sustainable packaging, presented a Ships In Own Container (SIOC) bag-in-box solution for Amazon that delights consumers, reduces waste, and ensures products arrive undamaged. This will give global recognition to the company

The company has a wide global presence across South America, Asia-Pacific, North America. The company has subsidiaries such as Kapstone (U.S.), Rock-Tenn Financial, Inc (U.S.), RTS Packaging, LLC (U.S.), Westrock India Private Limited (India), WestRock CP, LLC (U.S.), amongst others.

Crown Holdings, Inc.

Crown Holdings, Inc. has headquarters in Pennsylvania, U.S., was founded in 1982. It has public ownership. The company is engaged in rigid packaging products to consumer marketing companies and transit and protective packaging products, equipment, and services to a broad range of end markets. The company offers various business segments such as Americas Beverage, European Beverage, European Food, Asia-Pacific, Transit Packaging, and others, which are also market-focused.

The company offers a wide range of product categories such as Aerosol Cans, Beverages Packaging, Closures & Capping, Food Cans, Promotional Packaging, and Transit Packaging. Amongst which the market-focused product categories are Aerosol Cans, Beverages Packaging, Closures & Capping, Food Cans, Promotional Packaging.

• In October 2021, Holdings, Inc. has joined the Ellen MacArthur Foundation’s Network. The Network brings together businesses, innovators, universities, and thought leaders to build and scale a circular economy. As a member of the Network, Crown will collaborate with other organizations to innovate, develop and implement circular economy solutions. This company will help to be globally recognized as a leading organization dedicated to accelerating the global transition to a circular economy

The company has a wide presence in North America, South America, Europe, Asia-Pacific, Middle East and Africa. The company has subsidiaries which are Printpak Ltd.(U.K.), NAMPAK INSURANCE COMPANY LIMITED (U.K.), Collect-A-Can (Pty) Ltd.(South Africa), Metal Box South Africa Ltd.(South Africa), Nampak Zimbabwe(South Africa), amongst others.

Amcor plc

Amcor plc has headquarters in Zürich, Switzerland, and was founded in 1860. The company is engaged in developing and producing responsible packaging for food, beverage, pharmaceutical, medical, home, personal care, and other products. The company offers business segments such as flexibles, rigid packaging, which are also market-focused. The company offers various product categories such as beverages, food, healthcare, home care, personal care, pet care, specialty cartons, technical applications. Amongst which beverages, food, personal care, pet care are the market-focused categories.

• In August 2021, Amcor Plc and Michigan State University’s School of Packaging announced a new partnership, reflecting the parties’ shared commitment towards future talent, greater innovation, and responsible packaging. The breakout investment is the latest example of Amcor’s strategy to drive innovation and identify new avenues for growth as it advances responsible packaging

The company has a wide presence in North America, South America, Asia-Pacific, Europe, Middle East and Africa. The various subsidiaries include Bemis Company (U.S.); Amcor Sunclipse North America (U.S.); Souza Cruz (Brazil); Amcor Rigid Plastics USA, LLC (U.S.); KMJ Pty Ltd (Australia), among others.