The global eco-friendly packaging market refers to the increasing adoption of environmentally sustainable materials and practices in packaging solutions across various industries. Eco-friendly packaging aims to reduce the environmental footprint by utilizing biodegradable, recyclable, or compostable materials. The market encompasses a wide range of products, including sustainable packaging for cosmetics, and pharmaceuticals. Manufacturers are exploring innovative materials such as recycled paper, bioplastics, and plant-based alternatives to conventional plastics. The global eco-friendly packaging market reflects a paradigm shift toward responsible and environmentally conscious business practices, fostering a sustainable future.
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Data Bridge Market Research analyses that the Global Eco-Friendly Packaging Market is expected to reach USD 269,463.14 million by 2030, which was USD 182,383.25 million in 2022, registering a CAGR of 5.00% during the forecast period of 2023 to 2030. Stringent regulations globally, aimed at promoting sustainability and reducing single-use plastics, are compelling businesses to embrace eco-friendly packaging solutions. Compliance with these policies not only aligns companies with environmental goals but also fosters a collective effort to address the ecological challenges associated with traditional packaging materials.
Key Findings of the Study
Rising demand for biodegradable packaging from the food and beverages industry is expected to drive the market's growth rate
The food and beverages industry's increasing preference for biodegradable packaging is driving market growth. Fueled by the need to comply with regulations and reduce packaging waste, manufacturers are embracing reusable and recycled materials. This shift towards eco-friendly packaging not only aligns with environmental regulations but also enhances brand image, fostering positive consumer perception. As a result, the rising demand for biodegradable packaging in the food and beverages sector is a significant catalyst for market expansion.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Recyclable, Reusable, and Degradable), Material Type (Paper and Paper Board, Plastic, Metal, Glass, Starch-Based Materials, and Others), Product Type (Bags, Pouches and Sachets, Boxes, Containers, Films, Trays, Tubes, Bottles and Jars, Cans, and Others), Technique (Active Packaging, Molded Packaging, Alternate Fiber Packaging, and Others), Layer (Primary Packaging, Secondary Packaging, and Tertiary Packaging), Application (Food, Beverages, Pharmaceutical, Personal Care, Home Care, and Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Mondi (U.K.), Segezha group (Russia), Klabin SA (Brazil), Billerudkorsnas (Sweden), Stora Enso (Finland), Daio Paper construction (Japan), Nordic Paper (Sweden), Glatfelter (U.S.), Gascogne Papier (Austria), Glatfelter Corporation (U.S.), Tokushu Tokai Paper Co., Ltd. (Japan), Goodwin Robbins Packaging Company Inc.(U.S.), Oji Holdings Corporation (Japan), CTI Paper USA (U.S.), Canfor (Canada), Genus Paper and Boards Limited (India), Georgia-Pacific (U.S.) Canadian Paper packaging Ltd. (Canada), Fujian Qingshan Paper Co., Ltd.(China), Smurfit Kappa (U.S.), WestRock Company (Ireland), SCG PACKAGING (Thailand), International Paper (U.S.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The global eco-friendly packaging market is segmented into six notable segments, based on type, material type, product type, technique, layer, and application.
- On the basis of type, the global eco-friendly packaging market is segmented into recyclable, reusable, and degradable. Reusable packaging is expected to dominate the global eco-friendly packaging market with a 44.76% market share as it is both environment-friendly and cost-efficient. Since reusable packaging is designed for repeated use, it is stronger and more durable than single-use packaging
- On the basis of material type, the global eco-friendly packaging market is segmented into paper and paper board, plastic, metal, glass, starch-based materials, and others. Paper and paper board are expected to dominate the global eco-friendly packaging market with 44.33% market share, owing to the advantage of being in most cases the least expensive structural material for packaging and a renewable source
- On the basis of product type, the global eco-friendly packaging market is segmented into bags, pouches and sachets, boxes, containers, films, trays, tubes, bottles and jars, cans, and others. Boxes are expected to dominate the global eco-friendly packaging market with 29.13% market share as boxes have a good strength-to-weight ratio and also do a great job of protecting their contents
- On the basis of technique, the global eco-friendly packaging market is segmented into active packaging, molded packaging, alternate fiber packaging, and others. Alternate fiber packaging is expected to dominate the global eco-friendly packaging market with a 38.15% market share as it proves to be an environmentally friendly alternative to paper. It also provides a much-needed alternative to polystyrene, which is detrimental to both the environment and human health
- On the basis of layer, the global eco-friendly packaging market is segmented into primary packaging, secondary packaging, and tertiary packaging. Primary packaging is expected to dominate the global eco-friendly packaging market with 43.62% market share, as it allows keep the product absolutely sealed from external damage
The primary packaging segment will dominate the layer segment of the eco-friendly packaging market
The primary packaging segment will emerge as the dominating segment under layer with approximately 66% market share. This is because of the growing number of infrastructural development activities in the market especially in the developing economies. Further, the growth and expansion of the materials and packaging industry all around the globe will further bolster the growth of this segment.
- On the basis of application, the global eco-friendly packaging market is segmented into food, beverages, pharmaceutical, personal care, home care, and others. The food segment is expected to dominate the global eco-friendly packaging market with a 33.52% market share, as packaging is widely used in the food industry to prevent or reduce product damage and food spoilage, therefore saving energy, vital nutrients, costs and protecting the health of the consumers
The food segment will dominate the application segment of the eco-friendly packaging market
The food segment is expected to dominate the global eco-friendly packaging market with a 33.52% market share because of the growing awareness about the availability of raw materials to be used in food packaging in the market, especially in developing economies. Further, the growth and expansion of research development services on a global scale will further bolster the growth of this segment.
Major Players
Data Bridge Market Research recognizes the following companies as the major global eco-friendly packaging market players in global eco-friendly packaging market are Gascogne Papier (Austria), Glatfelter Corporation (U.S.), Tokushu Tokai Paper Co., Ltd. (Japan), Goodwin Robbins Packaging Company Inc.(U.S.), Oji Holdings Corporation (Japan), CTI Paper USA (U.S.), Canfor (Canada), Genus Paper and Boards Limited (India)
Market Developments
- In February 2021, Mondi introduced two environmentally conscious additions to its release liner range – EverLiner Labelite and EverLiner M R. These paper-based products are crafted from recycled and lightweight materials, offering sustainable alternatives for various applications. Mondi's commitment to eco-friendly solutions is evident in these releases, contributing to a more environmentally sustainable packaging landscape
- In 2021, ProAmpac, a US packaging company, acquired UK-based Ultimate Packaging Ltd., enhancing its sustainable product range and extending its presence in the UK market. The undisclosed acquisition strengthens ProAmpac's position in creative food packaging and underscores its commitment to eco-friendly solutions. The move allows ProAmpac to provide comprehensive support throughout the supply chain, showcasing its dedication to innovative and sustainable packaging products on a global scale
- In 2021, Huhtamaki forged a strategic alliance with RiverRecycle and VTT to develop technology addressing floating river waste. The resulting waste collector technology is now actively deployed on India's Mithi River. This move enhances Huhtamaki's foothold in the Asia-Pacific region, particularly in India, showcasing its commitment to sustainable solutions and environmental stewardship in addressing the challenges of river pollution
- In September 2020, Amcor PLC achieved a significant milestone by developing the industry's inaugural recyclable flexible retort pouch. This groundbreaking innovation enables the recycling of high-performance packaging used for consumer goods such as ready-meals, pre-cooked soups, baby foods, and wet pet food. The advancement promises to substantially enhance the environmental sustainability of packaging, potentially reducing the overall environmental footprint by up to 60%, marking a crucial step towards more eco-friendly and recyclable packaging solutions
Regional Analysis
Geographically, the countries covered in the global eco-friendly packaging market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
As per Data Bridge Market Research analysis:
North America is the dominant region in global eco-friendly packaging market during the forecast period 2023-2030
North America dominates the global eco-friendly packaging market due to widespread customer base expansion. The region's market growth is further propelled by the rising adoption of eco-friendly packaging in the food industry. As sustainability gains prominence, the North American market witnesses increased demand for environmentally conscious packaging solutions, reflecting a positive trajectory in response to consumer preferences and industry trends.
Asia-Pacific is estimated to be the fastest growing region in global eco-friendly packaging market during the forecast period 2023-2030
Asia-Pacific is expected to dominate the global eco-friendly packaging market, driven by the burgeoning eco-friendly packaging industry in the region. The surge is propelled by a rising consumer inclination toward green packaging solutions and a heightened demand for fast-moving consumer goods. This trajectory underscores the region's pivotal role in shaping the future of sustainable packaging, with an increasing focus on environmentally conscious choices and a robust market for eco-friendly alternatives.
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