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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Sustainable Packaging Market: By Material Type, By Packaging type, By End User and Region Forecast 2019-2030
Sustainable Packaging Market: By Material Type, By Packaging type, By End User and Region Forecast 2019-2030
Sustainable Packaging Market size was valued at US$ 264.3 billion in 2023 and poised to grow at 6.7% CAGR from 2024-2030. The Market is projected to create an opportunity of US$ 139.6 Billion in 2030. The main factors propelling the growth of the market include growing consumer awareness of sustainable packaging, stringent laws against the use of single use plastics, and growing environmental concerns about packaging waste ending up in landfills. The increased consciousness of environmental issues among consumers has led to an increased need for sustainable packaging solutions.
Study Period
2024-2030Base Year
2023CAGR
6.7%Largest Market
North AmericaFastest Growing Market
Asia Pacific
The market for sustainable food packaging is growing due to growing consumer awareness of the negative effects of using single-use, non-biodegradable plastic products for food packaging. The environment is harmed by the widespread use of single-use, non-biodegradable plastic packaging materials. Governments globally have recognized the importance of environmental issues and have implemented an abundance of legislation and programs to assist producers of sustainable packaging. As a result, rising government initiatives to reduce the quantity of plastic waste disposed of in landfills are the main reason behind the growth of the sustainable packaging industry.
Furthermore, because plant-based packaging materials are recyclable, compostable, and biodegradable, they are gaining popularity in the cosmetics business. The L'Oréal Group is dedicated to use eco-friendly packaging materials in the production of cosmetics and personal hygiene products. The packaging that personal care items come in is increasingly chosen by the manufacturers. Thus, it is expected that the market will grow because of the initiative of the major players. As a result, it serves yet another trend propelling the market's revenue growth for sustainable packaging.
Asia-Pacific is the fastest-growing region across the globe. The top Chinese e-commerce sites and speedy delivery suppliers have been actively minimizing their use of packaging materials. For example, SF Express uses recyclable packing boxes that may be recycled up to ten times. Concerns over environmental pollution have caused Beijing to issue instructions and consider a ban on conventional plastics, like single-use non-biodegradable plastics like cutlery, plastic bags, and packaging.
As a result, manufacturers have focused on increasing the usage of corn, sugar, and other commodities to create biodegradable polymers. This trend is predicted to continue during the forecast period, with sustainable packaging emerging as a major driver of growth in the packaging sector.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 264.3 billion |
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Market CAGR |
6.7% |
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By Material Type |
|
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By packaging Type |
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By End User |
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By Region |
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Download Free Sample Report
The global sustainable packaging market size was valued at US$ 264.3 billion in 2023 and is poised to grow at 6.7% CAGR from 2024-2030.
Small and medium-sized firms are increasingly using sustainable packaging.
The rise of eCommerce and online shopping is increasing demand for corrugated boxes as a cost-effective packaging solution.
Market research is segmented based on material type, packaging type, end user and region.
Asia-Pacific is estimated to Fastest growing with the highest CAGR over the forecast period.
| 1.Executive Summary |
| 2.Global Sustainable Packaging Market Introduction |
| 2.1.Global Sustainable Packaging Market - Taxonomy |
| 2.2.Global Sustainable Packaging Market - Definitions |
| 2.2.1.Material Type |
| 2.2.2.packaging Type |
| 2.2.3. End User |
| 2.2.4.Region |
| 3.Global Sustainable 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 Sustainable 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 Sustainable Packaging Market By Material Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Paper & Paper board |
| 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. Plastic |
| 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. Metal |
| 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. Glass |
| 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. Others |
| 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 |
| 6.Global Sustainable Packaging Market By packaging Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Cartons & Boxes |
| 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. Pouches & Sachets |
| 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. Wraps |
| 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. Cans |
| 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 |
| 6.5. Bags |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Others |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7.Global Sustainable Packaging Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Food & Beverages |
| 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. Cosmetics |
| 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. Healthcare |
| 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. Others |
| 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 |
| 8.Global Sustainable Packaging Market By Region, 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. Asia Pacific (APAC) |
| 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. Middle East and Africa (MEA) |
| 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. Latin America |
| 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.North America Sustainable Packaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Paper & Paper board |
| 9.1.2.Plastic |
| 9.1.3.Metal |
| 9.1.4.Glass |
| 9.1.5.Others |
| 9.2. packaging Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Cartons & Boxes |
| 9.2.2.Pouches & Sachets |
| 9.2.3.Wraps |
| 9.2.4.Cans |
| 9.2.5.Bags |
| 9.2.6.Others |
| 9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Food & Beverages |
| 9.3.2.Cosmetics |
| 9.3.3.Healthcare |
| 9.3.4.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Sustainable Packaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Material Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Paper & Paper board |
| 10.1.2.Plastic |
| 10.1.3.Metal |
| 10.1.4.Glass |
| 10.1.5.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.Cartons & Boxes |
| 10.2.2.Pouches & Sachets |
| 10.2.3.Wraps |
| 10.2.4.Cans |
| 10.2.5.Bags |
| 10.2.6.Others |
| 10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Food & Beverages |
| 10.3.2.Cosmetics |
| 10.3.3.Healthcare |
| 10.3.4.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Sustainable 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.Paper & Paper board |
| 11.1.2.Plastic |
| 11.1.3.Metal |
| 11.1.4.Glass |
| 11.1.5.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.Cartons & Boxes |
| 11.2.2.Pouches & Sachets |
| 11.2.3.Wraps |
| 11.2.4.Cans |
| 11.2.5.Bags |
| 11.2.6.Others |
| 11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Food & Beverages |
| 11.3.2.Cosmetics |
| 11.3.3.Healthcare |
| 11.3.4.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Sustainable 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.Paper & Paper board |
| 12.1.2.Plastic |
| 12.1.3.Metal |
| 12.1.4.Glass |
| 12.1.5.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.Cartons & Boxes |
| 12.2.2.Pouches & Sachets |
| 12.2.3.Wraps |
| 12.2.4.Cans |
| 12.2.5.Bags |
| 12.2.6.Others |
| 12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Food & Beverages |
| 12.3.2.Cosmetics |
| 12.3.3.Healthcare |
| 12.3.4.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Sustainable 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.Paper & Paper board |
| 13.1.2.Plastic |
| 13.1.3.Metal |
| 13.1.4.Glass |
| 13.1.5.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.Cartons & Boxes |
| 13.2.2.Pouches & Sachets |
| 13.2.3.Wraps |
| 13.2.4.Cans |
| 13.2.5.Bags |
| 13.2.6.Others |
| 13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Food & Beverages |
| 13.3.2.Cosmetics |
| 13.3.3.Healthcare |
| 13.3.4.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Amcor plc |
| 14.2.2.West rock LLC |
| 14.2.3.DS Smith plc |
| 14.2.4.The Mondi Group plc |
| 14.2.5.International paper company |
| 14.2.6.Sealed air corporation |
| 14.2.7.Novolex Holdings, Inc |
| 14.2.8.Sealed Air Corporation |
| 14.2.9.Berry Global Inc |
| 14.2.10.Stora Enso Oyj |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.