Sustainable Packaging Market Size, Outlook, Strategies, Analysis, Future Scope, key drivers by 2023

Sustainable Packaging Market Size Overview 

A lot of people have a misconception that paper is environmentally friendly. But when considered over the entire life of packaging, paper and cardboard embody far more greenhouse gasses than their plastic equivalents. Paper products take substantial amounts of energy to make. Crushing a tree down into small fibers, mixing the wood pulp into a slurry and then passing the wet mass through huge rollers cannot be done without use of enormous quantities of power. Making cardboard is almost the third largest industrial use of energy on the planet. A second concern is that many paper and cardboard products end up in local authority landfill, where they rot down anaerobically, creating the greenhouse gas methane in the process.

The Global market for Sustainable Packaging Market Size is expected to grow at ~7% CAGR.

Key Players

The key players of global Sustainable Packaging Market Size includes Amcor Limited (Australia), Silgan Holdings Inc.( U.S.), Bemis Company Inc.( U.S.), Sonoco Products Company (U.S.), Mondi plc.( Austria), The Dow Chemical Company(U.S.), Stora Enso Oyj(Finland), BASF SE  (Germany), Genpak, LLC(North Carolina), DS Smith Plc.( U.K.), and Smurfit Kappa Group Plc.(Dublin) and others.

Market Research Analysis

By moving beyond conventional packaging methods and materials, companies can reduce their carbon footprints and their transportation and warehousing costs. In terms of region, global sustainable market is segmented into four major regions including North America, Europe, Asia Pacific and RoW. Additionally, Asia Pacific region is expected to be the fastest growing market for green packaging during the forecast period. Increasing consumer awareness coupled with rising demand for recyclable products, acts as a key factor behind the growth of the Sustainable Packaging Market Size in this region.

Scope of the report

This study provides an overview of the global Sustainable Packaging Market Size, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Sustainable Packaging Market Size by its packaging type, material, process, application and region.

By Packaging Type

• Tubes
• Bags & Pouches
• Corrugated Box
• Others

By Material

• Paper & Paperboard
• Glass
• Metal
• Plastic

By Process

• Degradable Packaging
• Recycled Packaging
• Reusable Packaging

By Application

• Pharmaceutical
• Food & Beverages
• Personal Care
• Others

By Region

• North America 
• Asia Pacific 
• Europe
• Rest of the World

ACCESS REPORT DETAILS @ https://www.marketresearchfuture.com/reports/sustainable-packaging-market-5247