Top 10 Players in Global Green Packaging Market (Sustainable Packaging)

Nov 25, 2019 | Packaging

Top 10 Players in Global Green Packaging Market (Sustainable Packaging)

Green packaging is the process of using sustainable materials and methods for the packaging of goods. This procedure is constructed in an environmentally sensitive manner with recyclable, energy-efficient, and biodegradable materials. By using sustainable packaging, consumers and product manufacturers can eliminate exposure to chemicals and contaminants that harm the soil, water, and the overall atmosphere of the Earth. The manufacturing and transportation processes of green packaging involve the usage of alternative energy sources like biofuels and solar and wind energy. Some of the raw materials utilized in these products include post-consumer recycled polyethylene bags, and plant-based and biodegradable plastics. As compared to conventional packages, green packaging products are made with absolute post-consumer waste (PCW) paper, reduce wastage by shredding and reusing old paper sheets as packing material, and conserve energy by using green power certified materials. Owing to these benefits, the global green packaging market size reached US$ 246 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 334 Billion by 2028, exhibiting a CAGR of 5.3% during 2023-2028. 

Top 10 Leading Green Packaging Companies in the Market

Amcor PLC

Establishment: 1926
Headquarter: Switzerland
Website: https://www.amcor.com

Amcor is a packaging company that primarily operates in the production of rigid and flexible plastics. It offers a vast range of packaging-related products and services, which include food, personal care, beverages, healthcare, home care, and industrial applications. The company has been actively introducing sustainable products that are more functional, appealing, and cost-effective. In 2018, Amcor pledged to develop all its packaging to be reusable and recyclable by 2025.

DuPont de Nemours, Inc.

Establishment: 1802
Headquarters: The United States
Website: https://www.dupont.com/

As a science-based products and services company, DuPont serves various industrial sectors, such as automotive, building and construction, energy, government and public sector, military, law enforcement & emergency response, packaging and printing, and safety and protection. Amongst these, the company offers specialized, cost-effective packaging materials and solutions. This range of products helps in meeting the performance, branding and sustainability goals of brand owners, converters, trade shops, manufacturers, and printers. The DuPont Packaging Graphics brand of the company aims toward providing sustainable packaging solutions that help in effectively managing waste streams and reducing carbon footprint.

Mondi Plc

Establishment: 1967
Headquarters: The United Kingdom
Website: https://www.mondigroup.com/

The paper and packaging company is primarily engaged in the production of paper, pulp, and compound plastics for consumer and industrial packaging. It also operates in the management of forests. With around 26,000 employees across 30 countries, Mondi offers engineered materials, uncoated fine paper, and corrugated and flexible packaging. The company provides a wide range of sustainable paper solutions under the trademark of ‘Green Range’. These products are absolutely chlorine-free and FSC- or PEFC- certified.

Sealed Air Corporation

Establishment: 1957
Headquarters: The United States
Website: https://sealedair.com/

Sealed Air is a knowledge-based company that focuses on the provision of packaging solutions to achieve the sustainability goals of companies across the globe. With a workforce of nearly 15,000 employees who operate across 122 countries, the company mainly operates in the food care, product care, and corporate segments. In 2015, Sealed Air announced various sustainability goals that focused on preventing waste across supply chains. Also, it has taken the 2025 Sustainability and Plastics Pledge, where the company aims to innovate its packaging solutions to be 100% reusable and recyclable by 2025.

Tetra Pak International S.A.

Establishment: 1951
Headquarter: Switzerland
Website: https://www.tetrapak.com/

Tetra Pak is a food processing and packaging company that provides innovative, safe, and environmentally sound products. It produces processing and distribution equipment; carton packaging solutions for particulate food items, refrigerated and non-refrigerated products; as well as environment-friendly, automated, and enhanced installation. Along with this, the company also features various maintenance and training programs. Recently, Tetra Pak has signed an agreement with the Brazil-based petrochemical company, Braskem, to source plant-based polymers in compliance with the Bonsucro standards. These Bonsucro-certified products will be available in the market from the first quarter of 2020.

Ardagh Group S.A.

Establishment: 1932
Headquarter: Luxembourg
Website: https://www.ardaghgroup.com/

Ardagh Group is a worldwide supplier of infinitely recyclable, value-added, glass and metal packaging solutions. The company currently operates 56 glass and metal production facilities in 12 countries, with a workforce of over 16,000 employees. It serves across various industrial domains, such as seafood, beverages, and other food products. In November 2019, various US-based beverage can manufacturing facilities of Ardagh Group secured the International Organization for Standardization (ISO) 14001:2015 certification. The standard certification focuses on optimum environmental management systems and performance.

Plastipak Holdings, Inc.

Establishment: 1967
Headquarters: The United States
Website: https://www.plastipak.com/

Plastipak primarily engages in the designing and manufacturing of rigid plastic containers and packaging products for the food and beverage, industrial, automotive, consumer cleaning, and personal care sectors. In September 2019, the company introduced an online community, called ‘Recycling Counts’, which educates, promotes, and supports recycling on a global basis. This platform invites people to learn more about recycling and sustainability.

Bemis Company, Inc.

Establishment: 1858
Headquarters: The United States
Website: http://www.bemis.com/

Bemis manufactures packaging for consumer products, food, healthcare, and industrial applications. Besides this, the company also operates in the distribution of sensitive adhesive-coated materials across the globe to signage, graphics, label, and medical firms. In June 2019, Bemis was acquired by the Switzerland-based packaging company, Amcor. The latter develops responsible packaging for beverage, medical, personal care, food, pharmaceutical, and home care products.

Uflex Limited

Establishment: 1985
Headquarter: India
Website: https://www.uflexltd.com/

Uflex is a flexible packaging company with state-of-the-art manufacturing facilities present in the UAE, the US, Poland, India, Egypt, and Mexico. The company has made several efforts to reduce the environmental impacts of its products by promoting the usage of green raw materials in the manufacturing process. In May 2019, Uflex received the ‘Excellence in Sustainable Packaging’ award in the category of ‘Solid Dosage Forms’ for the introduction of Alu-Au Laminates in pharmaceutical packaging.

ELOPAK Group

Establishment: 1957
Headquarter: Norway
Website: https://www.elopak.com/

Elopak is a global supplier of paper-based packaging solutions for liquid food products. The company operates through its workforce of approximately 2800 employees, 11 manufacturing units, and market units established in over 40 countries. The carton lineup of Elopak includes different shapes, sizes, and board technologies, such as gas-tight and opacity barriers, and foil and non-foil laminates. In February 2019, following the new criteria introduced by the Science Based Targets initiative, the company formally pledged to eliminate greenhouse gas emissions. The criteria aim to maintain the global average temperature increase of less than 1.5 degree-Celsius.

Learn about opportunities, challenges, and trends in the global green packaging industry with IMARC’s market research report. Try a free sample today!

About Author:

Aditi Kumar 
Senior Content Writer at IMARC Services Private Limited

Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels.

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