How big is the Sustainable Packaging Market?

The Sustainable Packaging Market size is expected to reach USD 292.71 billion in 2024 and grow at a CAGR of 7.67% to reach USD 423.56 billion by 2029. Read More

What is the current Sustainable Packaging Market size?

In 2024, the Sustainable Packaging Market size is expected to reach USD 292.71 billion. Read More

Who are the key players in Sustainable Packaging Market?

Amcor Limited, Westrock Company, TetraPak International SA, Sonoco Products Company and Smurfit Kappa Group PLC are the major companies operating in the Sustainable Packaging Market. Read More

Which is the fastest growing region in Sustainable Packaging Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Sustainable Packaging Market?

In 2024, the North America accounts for the largest market share in Sustainable Packaging Market. Read More

What years does this Sustainable Packaging Market cover, and what was the market size in 2023?

In 2023, the Sustainable Packaging Market size was estimated at USD 270.26 billion. The report covers the Sustainable Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Sustainable Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Which sector is leading in the adoption of Sustainable Packaging?

The food and beverage sector leads in adopting sustainable packaging due to growing consumer demand for eco-friendly products and stringent regulations regarding food safety and packaging waste. Read More

Which sector is leading in the adoption of Sustainable Packaging?

The food and beverage sector leads in adopting sustainable packaging due to growing consumer demand for eco-friendly products and stringent regulations regarding food safety and packaging waste. Read More

Sustainable Packaging Market Growth | Industry Analysis, Size & Forecast Report

Sustainable Packaging Market Growth - Industry Analysis, Size & Forecast Report (2024 - 2029)

The Report Covers Sustainable Packaging Industry Trends and Companies. The Sustainable Packaging Market is Segmented by Process (Reusable Packaging, Degradable Packaging, and Recycled Packaging), Material Type (Glass, Plastic, Metal, and Paper), End User (Pharmaceutical and Healthcare, Cosmetics and Personal Care, Food and Beverage, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for the Above Segments.

Sustainable Packaging Industry Overview

The sustainable packaging market exhibits a high degree of fragmentation, with prominent players such as Amcor Limited, TetraPak International SA, WestRock Company, Smurfit Kappa Group PLC, and Sonoco Products Company. These companies are actively engaged in developing innovative and eco-friendly packaging solutions to meet the growing demand for sustainable practices. They invest significantly in research and development to enhance the recyclability and biodegradability of their products, striving to reduce the environmental impact of packaging materials. Additionally, these key players often collaborate with other stakeholders in the supply chain to encourage sustainability and adhere to stringent regulatory standards.

May 2024: Amcor and AVON, a leading cosmetics company, announced the launch of the AmPrima Plus refill pouch for AVON's Little Black Dress shower gels in China. This strategic initiative aims to reduce both carbon footprint and water consumption.
March 2024: TOPPAN, a global player in printing and packaging solutions, revolutionized sustainable packaging with the launch of GL-SP, a barrier film utilizing biaxially oriented polypropylene (BOPP) as the substrate. This new product has been added to the GL BARRIER series, renowned for its transparent vapor-deposited barrier films, which hold a leading share in the global market.