Green Packaging Market to surpass USD 550 billion by 2032, Says Global Market Insights inc.
Green Packaging Industry size is expected to register 5% CAGR between 2024 and 2032 propelled by increasing consumer demand for sustainability.
Selbyville, Delaware, Oct. 24, 2024 (GLOBE NEWSWIRE) — Green Packaging Market was valued at USD 287.5 billion in 2023 and is projected to be worth USD 550 billion by the end of 2032, as per a
In 2023, North America accounted for over 25% of the global green packaging market. There is a notable shift among North American consumers and businesses toward prioritizing sustainability, propelled by growing environmental consciousness and the demand for eco-friendly solutions. This trend is driving the accelerated adoption of green packaging alternatives. Moreover, governments in North America are reinforcing this shift by implementing rigorous regulations and incentives to promote sustainable practices, further encouraging businesses to invest in green packaging solutions.
Green Packaging Market Players
Companies including Amcor, Ball Corporation, DuPont, Mondi, Sealed Air, TetraPak, WestRock are some firms working in green packaging industry.
The green packaging market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD million) from 2021 to 2032, for the following segments:
Market, By Material
- Recycled content packaging
- Paper
- Plastic
- Metal
- Glass
- Others
- Reusable packaging
- Drum
- Plastic container
- Others
- Degradable packaging
Market, By Packaging Type
- Primary
- Secondary
- Tertiary
Market, By End-Use Industry
- Food and beverages
- Healthcare
- Cosmetics and personal care
- Electronics
- Others
Market, By Function
- Active
- Intelligent
- Modified atmosphere packaging (MAP)
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
CONTACT: Aashit Tiwari Corporate Sales, USA Global Market Insights Inc. Toll Free: +1-888-689-0688 USA: +1-302-846-7766 Europe: +44-742-759-8484 APAC: +65-3129-7718 Email: [email protected]
