Dublin, Feb. 13, 2025 (GLOBE NEWSWIRE) — The “Environmentally Friendly Packaging Market Report 2025” has been added to ResearchAndMarkets.com’s offering.
The environmentally friendly packaging market size has grown strongly in recent years. It will grow from $244.17 billion in 2024 to $260.72 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to rise in consumer awareness about the environmental impact, government regulations, circular economy principles, shift in consumer preferences, rise in healthcare sector.
The environmentally friendly packaging market size is expected to see strong growth in the next few years. It will grow to $359.49 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to rising FMCG sector, growing food industry, expansion of e-commerce, growing electronics industry, rise in disposable income. Major trends in the forecast period include plant-based and biodegradable materials, minimalist packaging, smart packaging, lightweight packaging, transparency and eco-labeling.
Growing awareness of environmental issues among consumers is anticipated to drive the growth of the environmentally friendly packaging market. For example, in May 2024, the National Cancer Institute (NCI), a U.S.-based government agency, reported that in 2022, nearly 20 million new cancer cases were documented, leading to approximately 9.7 million deaths associated with the disease. Projections suggest that by 2040, the annual incidence of new cancer cases will rise to 29.9 million, with cancer-related deaths reaching 15.3 million. Therefore, the increasing awareness of environmental concerns among consumers is propelling the growth of the environmentally friendly packaging market.
The growth of the environmentally friendly packaging market is further fueled by the expansion of the e-commerce industry. The International Trade Administration reported that consumer e-commerce constituted 30% of the UK’s overall retail sector in September 2022, with an annual revenue exceeding $120 billion. Hence, the expanding e-commerce industry is a significant driver of the environmentally friendly packaging market.
Innovations in product offerings represent a key trend in the environmentally friendly packaging market. Major companies are introducing new products to enhance their market position, such as PET containers made from post-consumer recycled content (PCR) resin. A notable example is Singha Corporation Co. Ltd., a Thailand-based beverage company, which launched 100% biodegradable packaging in December 2022. This initiative aims to reduce plastic waste by 2 million pieces annually, resulting in a decrease of 30,930 kilograms of carbon dioxide equivalent (kgCO2e) emissions per year. The trend towards introducing innovative and sustainable packaging solutions is shaping the growth trajectory of the environmentally friendly packaging market.
Leading companies in the environmentally friendly packaging market are strategically focusing on the introduction of cost-effective packaging solutions to enhance their competitive positioning. For example, in January 2023, Cascades, a Canadian packaging company, unveiled a novel eco-friendly packaging solution for fresh fruits and vegetables. This closed basket, constructed from recycled and recyclable corrugated cardboard, offers an environmentally conscious alternative to challenging-to-recycle food packaging. By incorporating recycled materials, Cascades aids its customers in reducing their environmental footprint and meeting the growing consumer demand for eco-friendly packaging. The design of this new packaging adheres to recognized eco-design principles and aligns with a circular economy approach.
Western Europe was the largest region in the environmentally friendly packing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the environmentally friendly packing market during the forecast period.
Report Scope
Markets Covered:
1) By Type: Recycled Content Packaging; Reusable Packaging; Degradable Packaging
2) By Product Type: Bags; Pouches and Sachets; Boxes; Containers; Films; Trays; Tubes; Bottles and Jars; Cans; Other product types
3) By Material Type: Paper and Paper Board; Plastic; Metal; Glass; Starch-Based Materials; Other materials
4) By Technique: Active Packaging; Molded Packaging; Alternate Fiber Packaging; Other techniques
5) By Layer: Primary Packaging; Secondary Packaging; Tertiary Packaging
Subsegments:
1) By Recycled Content Packaging: Post-Consumer Recycled (PCR) Packaging; Post-Industrial Recycled (PIR) Packaging; Bio-based Recycled Packaging; Reusable Packaging
2) By Reusable Packaging: Rigid Reusable Packaging; Flexible Reusable Packaging; Bulk Reusable Packaging; Degradable Packaging
3) By Degradable Packaging: Biodegradable Packaging; Compostable Packaging; Oxo-Degradable Packaging
Key Companies Profiled: Amcor plc; Tetra Laval International SA; Mondi Group; BASF SE; ELOPAK Group
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 200 |
| Forecast Period | 2025-2029 |
| Estimated Market Value (USD) in 2025 | $260.72 Billion |
| Forecasted Market Value (USD) by 2029 | $359.49 Billion |
| Compound Annual Growth Rate | 8.4% |
| Regions Covered | Global |
Companies Featured in this Environmentally Friendly Packaging Market Report
- Amcor plc
- Tetra Laval International SA
- Mondi Group
- BASF SE
- ELOPAK Group
- E. I. du Pont de Nemours and Company (DuPont)
- Ardagh Group SA
- Ball Corporation
- Crown Holdings Inc.
- DS Smith plc
- Emerald Packaging Inc.
- Nampak Limited
- Plastipak Holdings Inc.
- Sealed Air Corporation
- Smurfit Kappa Group plc
- Sonoco Products Company
- WestRock Company
- Uflex Limited
- Huhtamaki Oyj
- Constantia Flexibles Group GmbH
- Innovia Films Limited
- Winpak Ltd.
- Biopak Pty Ltd.
- Vegware Ltd.
- Eco-Products Inc.
- Stora Enso Oyj
- Evergreen Packaging LLC
- International Paper Company
For more information about this report visit https://www.researchandmarkets.com/r/xzy14o
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- Environmentally Friendly Packaging Market
