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The global green packaging market was valued at US$ 232 Billion in 2021.
We expect the global green packaging market to exhibit a CAGR of 5.5% during 2022-2027.
The growing consumer awareness regarding environmental conservation and sustainable living, along
with the introduction of stringent governmental regulations for environment protection, is primarily
catalyzing the global green packaging market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations resulting in temporary closure of numerous end use industries for
green packaging materials.
Based on the packaging type, the global green packaging market has been segmented into recycled
content packaging, reusable packaging, and degradable packaging. Currently, recycled content
packaging accounts for the largest market share.
Based on the end use industry, the global green packaging market can be divided into food industry,
beverage industry, healthcare industry, personal care industry, and others. Among these, the food
industry currently holds the majority of the total market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where Europe currently dominates the global market.
Some of the major players in the global green packaging market include Amcor Limited, DuPont, Mondi
Limited, Sealed Air Corporation, TetraPak International S.A, Ardagh Group Company, PlastiPak Holdings,
Bemis Company, Uflex limited, ELOPAK AS, etc.
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