- In December 2023, Smurfit Kappa introduced Lx polyethylene, a recyclable film designed to replace nylon in bag-in-box products, maintaining comparable strength and resilience. This innovative, sustainable material aims to reduce environmental impact while ensuring the same level of quality, reliability, and safety. The development of this PE film is part of Smurfit Kappa's broader commitment to offering sustainable packaging solutions for industries such as wine, juice, liquid eggs, and dairy
- In October 2023, Berry Global Inc. introduced large containers containing 35% recycled content, which have also received UN approval for transporting hazardous goods. Available in 20 and 25-liter sizes, these containers offer businesses a sustainable packaging option while supporting their environmental goals. Lightweight, stackable, and available in various colors with standard neck finishes, the containers are designed for compatibility with different closures, enhancing convenience and functionality
- In September 2023, Mondi and Veetee became pioneers in introducing recyclable paper-based packaging to the UK food market. Since April, Mondi’s recyclable Functional Barrier Paper has been used to package Veetee’s rice products, offering a sustainable alternative to plastic. This new packaging protects the products and aligns with Veetee’s commitment to reducing plastic use and enhancing sustainability
- In February 2022, Crown set ambitious goals to boost global beverage can recycling. By collaborating with industry partners, Crown worked to improve recycling access, educate consumers about the importance of recycling used beverage cans (UBCs), invest in can-capture technologies to optimize sorting processes at recycling centers, and support policies that enhance aluminium can recycling rates
Frequently Asked Questions
The market is segmented based on Segmentation, By Material Type (Glass, Paper, Plastic, Tinplate, Wood, Aluminium, Biodegradable Plastic, and Recycled Papers), Packaging Type (Paper & Cardboard, Void Fill Packing, Bubble Wrap, and Pouches & Envelopes), End-Use Industry (Healthcare Industry, Personal Care & Cosmetics Industry, and Food & Beverages Industry) – Industry Trends and Forecast to 2032
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The Global Packaging Recyclable Market size was valued at USD 30.90 USD Billion in 2024.
The Global Packaging Recyclable Market is projected to grow at a CAGR of 5.6% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.