Green Packaging Market Research Report - Global Forecast to 2023

Green Packaging Market Research Report By
Forecast To 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Green Packaging Market Forecast To 2023
Global Green Packaging Market, By Packaging type (Recycled Content Packaging, Degradable Packaging) By
Application (Food & Beverage, Health Care, Personal Care and Other) - Forecast 2017-2023.
Green packaging is also known as sustainable packaging. Manufacture of packaging requires energy and creates waste, thus
making it non sustainable. However, designers can make packaging sustainable by considering the environmental impacts
during manufacture, usage and disposal. Stringent government regulations and legislation, forcing manufacturers to choose
sustainable packaging options over the conventional packaging are the major drivers for the growth of the green packaging
market. Changing preferences towards more sustainable packaging materials, increase urbanization are some of the factors
pushing the market towards growth.
The high cost of production and fluctuating raw material prices may hinder the growth of the industry. Moreover, factors
such as poor recycling facilities and the strict recycling acts are Undermining the potentials of the market. The global market
for global green packaging market is expected to grow over the CAGR of around 5.42 % during the forecasted period.
The report for Global Green Packaging Market of Market Research Future comprises of extensive primary research along
with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to
gain the deeper insight of the market and industry performance. The report gives the clear picture of current market
scenario which includes historical and projected market size in terms of value and volume, technological advancement,
macro economical and governing factors in the market. The report provides details information and strategies of the top key
players in the industry. The report also gives a broad study of the different market segments and regions.
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Green Packaging Market Forecast To 2023
Drivers
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Green Packaging Market Forecast To 2023
Regional Analysis of Global Green Packaging Market:
Asia-Pacific is projected to be the fastest growing market, owing to factors such as presence of the large consumer base and
the increasing government’s focus on the adoption of eco-friendly solutions. Currently, North America is dominating the
market of green packaging. U.S. is the leading country in terms of use of green packaging. The industrial and manufacturing
sectors of the country employ excessive eco-friendly packaging for packing their products.
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Key Players
The key players of global green packaging market include Amcor Limited (Australia), Bemis Company, Inc. (U.S.), Tetra Laval
International S.A. (Switzerland), Mondi Plc (South Africa), WestRock Company (U.S.), BASF SE (Germany), Sonoco Products
Company (U.S.), Smurfit Kappa Group PLC (U.S.), Sealed Air Corporation (U.S.), and Huhtamaki OYJ (Finland).
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Green packaging is also known as sustainable packaging. Manufacture of packaging requires energy and creates waste, thus making it non sustainable. However, designers can make packaging sustainable by considering the environmental impacts during manufacture, usage and disposal. Stringent government regulations and legislation, forcing manufacturers to choose sustainable packaging options over the conventional packaging are the major drivers for the growth of the green packaging market. Changing preferences towards more sustainable packaging materials, increase urbanization are some of the factors pushing the market towards growth. The global market for global green packaging market is expected to grow over the CAGR of around 5.42 % during the forecasted period. Report Sample @ https://www.marketresearchfuture.com/sample_request/2995