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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Recyclable Packaging Market: By Material Type, By Packaging Type, By End Use Industry, and Region Forecast 2019-2030
Recyclable Packaging Market size was valued at US$ 22,951.8 million in 2023 and is expected to grow at a 4.9% CAGR from 2024 to 2030. Recyclable packaging materials are made up of Recyclable resources like glass, metal, wood, paper, and corrugated cardboard. Recyclable packaging has various advantages like decreasing manufacturing energy and less greenhouse gas emission, helping in producing less carbon footprint, and preserving natural resources. The recyclable packaging is biodegradable in nature and can be reused.
Factors like reduction in carbon foot print, preservation of natural resources, reducing the volume of waste accumulated in landfills, and conservation of the environment is expected to drive the market growth of market over the forecast years. In addition, increasing awareness and consciousness of people regarding eco-friendly and biodegradable plastics packaging is expected to boost the growth of the market at an significant rate. Furthermore, the government’s strict rules and regulations on to reduce the use of non-recyclable material and ban on plastics, and the government’s initiative support in reducing waste and promoting recycle of waste is expected to further fuel the market growth.
moreover, factors like less availability of recycling plants, increased risk of cross-contamination and high switching cost are expected to hinder the growth of market over the forecast period.However, the increasing companies' focus on reducing carbon foot print by setting sustainability standard goals and government’s supportive initiatives in reducing waste are expected to provide opportunity to the market key players and new entrants in the growth of market over the forecast period.
Study Period
2024-2030Base Year
2023CAGR
4.9%Largest Market
North AmericaFastest Growing Market
Asia Pacific
Recyclable packaging market is expected to grow over the forecast period due to the increasing environmental consciousness and awareness among the public which further influences the demand for sustainable packaging material and lowering the carbon foot print in environment. The increase in issues related to plastics has boosted the need of an alternative material like is recyclable packaging. Growing advanced technology in manufacturing, recycling and in the management of recyclable waste material is expected to further boost the growth of market. In addition, government’s support in reducing carbon foot print and preserving nature fuel the market growth over the forecast period.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 22,951.8 million |
Market CAGR |
4.9% |
By Material Type |
|
By Packaging Type |
|
By End-Use Industry |
|
By Region |
|
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The Global recyclable packaging market size was valued at US$ 22,951.8 million in 2023 and is expected to grow at a 4.9% CAGR from 2024 to 2030.
Asia Pacific region is anticipated to have largest market share value followed by North America and Europe region over the forecast period.
The leading players in the market are Amcor, Plastipak Holdings Inc., Mondi, Ardagh Group SA, Ball Corporation, Bemis Company, Elopak AS, Tetra Laval. Sealed Air Corporation, WestRock Company, Be Green Packaging, Evergreen Packaging, Emerald Packaging, TIPA Corp.
1. Executive Summary |
2. Global Recyclable Packaging Market Introduction |
2.1.Global Recyclable Packaging Market - Taxonomy |
2.2.Global Recyclable Packaging Market - Definitions |
2.2.1.Material Type |
2.2.2.Packaging Type |
2.2.3.End-Use Industry |
2.2.4.Geography |
2.2.5.Region |
3. Global Recyclable Packaging Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Global Recyclable Packaging Market Analysis, 2019-2023 and Forecast 2024-2030 |
4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Recyclable Packaging Market By Material Type , 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
5.1. Glass |
5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Paper |
5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Tinplate |
5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Wood |
5.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Aluminum |
5.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Biodegradable Plastics |
5.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
5.7. Recycled Papers |
5.7.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.7.3. Market Opportunity Analysis |
5.8. Others |
5.8.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.8.3. Market Opportunity Analysis |
6. Global Recyclable Packaging Market By Packaging Type , 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
6.1. Paper & Cardboard |
6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Bubble Wrap |
6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Void Fill Packing |
6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Pouches & Envelopes |
6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
7. Global Recyclable Packaging Market By End-Use Industry, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
7.1. Food & Beverage |
7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Pharmaceutical |
7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Personal Care & Cosmetics |
7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Logistics |
7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Others |
7.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8. Global Recyclable Packaging Market By Geography, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. The Asia Pacific |
8.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Latin America |
8.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. MEA |
8.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9. Global Recyclable Packaging Market By Region, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
9.1. North America |
9.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia Pacific (APAC) |
9.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Middle East and Africa (MEA) |
9.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Latin America |
9.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
10. North America Recyclable Packaging Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
10.1. Material Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Glass |
10.1.2.Paper |
10.1.3.Tinplate |
10.1.4.Wood |
10.1.5.Aluminum |
10.1.6.Biodegradable Plastics |
10.1.7.Recycled Papers |
10.1.8.Others |
10.2. Packaging Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Paper & Cardboard |
10.2.2.Bubble Wrap |
10.2.3.Void Fill Packing |
10.2.4.Pouches & Envelopes |
10.3. End-Use Industry Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Food & Beverage |
10.3.2.Pharmaceutical |
10.3.3.Personal Care & Cosmetics |
10.3.4.Logistics |
10.3.5.Others |
10.4. Geography Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.North America |
10.4.2.Europe |
10.4.3.The Asia Pacific |
10.4.4.Latin America |
10.4.5.MEA |
10.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.5.1.United States of America (USA) |
10.5.2.Canada |
11. Europe Recyclable Packaging Market,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
11.1. Material Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Glass |
11.1.2.Paper |
11.1.3.Tinplate |
11.1.4.Wood |
11.1.5.Aluminum |
11.1.6.Biodegradable Plastics |
11.1.7.Recycled Papers |
11.1.8.Others |
11.2. Packaging Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Paper & Cardboard |
11.2.2.Bubble Wrap |
11.2.3.Void Fill Packing |
11.2.4.Pouches & Envelopes |
11.3. End-Use Industry Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Food & Beverage |
11.3.2.Pharmaceutical |
11.3.3.Personal Care & Cosmetics |
11.3.4.Logistics |
11.3.5.Others |
11.4. Geography Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.North America |
11.4.2.Europe |
11.4.3.The Asia Pacific |
11.4.4.Latin America |
11.4.5.MEA |
11.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.5.1.Germany |
11.5.2.France |
11.5.3.Italy |
11.5.4.United Kingdom (UK) |
11.5.5.Spain |
11.5.6.Rest of EU |
12. Asia Pacific (APAC) Recyclable Packaging Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
12.1. Material Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Glass |
12.1.2.Paper |
12.1.3.Tinplate |
12.1.4.Wood |
12.1.5.Aluminum |
12.1.6.Biodegradable Plastics |
12.1.7.Recycled Papers |
12.1.8.Others |
12.2. Packaging Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Paper & Cardboard |
12.2.2.Bubble Wrap |
12.2.3.Void Fill Packing |
12.2.4.Pouches & Envelopes |
12.3. End-Use Industry Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Food & Beverage |
12.3.2.Pharmaceutical |
12.3.3.Personal Care & Cosmetics |
12.3.4.Logistics |
12.3.5.Others |
12.4. Geography Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.North America |
12.4.2.Europe |
12.4.3.The Asia Pacific |
12.4.4.Latin America |
12.4.5.MEA |
12.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.5.1.China |
12.5.2.India |
12.5.3.Australia and New Zealand (ANZ) |
12.5.4.Japan |
12.5.5.Rest of APAC |
13. Middle East and Africa (MEA) Recyclable Packaging Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
13.1. Material Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Glass |
13.1.2.Paper |
13.1.3.Tinplate |
13.1.4.Wood |
13.1.5.Aluminum |
13.1.6.Biodegradable Plastics |
13.1.7.Recycled Papers |
13.1.8.Others |
13.2. Packaging Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Paper & Cardboard |
13.2.2.Bubble Wrap |
13.2.3.Void Fill Packing |
13.2.4.Pouches & Envelopes |
13.3. End-Use Industry Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Food & Beverage |
13.3.2.Pharmaceutical |
13.3.3.Personal Care & Cosmetics |
13.3.4.Logistics |
13.3.5.Others |
13.4. Geography Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.North America |
13.4.2.Europe |
13.4.3.The Asia Pacific |
13.4.4.Latin America |
13.4.5.MEA |
13.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.5.1.GCC Countries |
13.5.2.South Africa |
13.5.3.Rest of MEA |
14. Latin America Recyclable Packaging Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
14.1. Material Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.1.1.Glass |
14.1.2.Paper |
14.1.3.Tinplate |
14.1.4.Wood |
14.1.5.Aluminum |
14.1.6.Biodegradable Plastics |
14.1.7.Recycled Papers |
14.1.8.Others |
14.2. Packaging Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.2.1.Paper & Cardboard |
14.2.2.Bubble Wrap |
14.2.3.Void Fill Packing |
14.2.4.Pouches & Envelopes |
14.3. End-Use Industry Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.3.1.Food & Beverage |
14.3.2.Pharmaceutical |
14.3.3.Personal Care & Cosmetics |
14.3.4.Logistics |
14.3.5.Others |
14.4. Geography Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.4.1.North America |
14.4.2.Europe |
14.4.3.The Asia Pacific |
14.4.4.Latin America |
14.4.5.MEA |
14.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.5.1.Brazil |
14.5.2.Mexico |
14.5.3.Rest of LA |
15. Competition Landscape |
15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
15.2.1.Amcor |
15.2.2.Plastipak Holdings Inc. |
15.2.3.Mondi |
15.2.4.Ardagh Group SA |
15.2.5.Ball Corporation |
15.2.6.Bemis Company |
15.2.7.Elopak AS |
15.2.8.Tetra Laval |
15.2.9.Sealed Air Corporation |
15.2.10.WestRock Company |
15.2.11.Be Green Packaging |
15.2.12.Evergreen Packaging |
15.2.13.Emerald Packaging |
15.2.14.TIPA Corp |
16. Research Methodology |
17. Appendix and Abbreviations |
Key Market Players