Market Overview

Green Packaging - A $296.84 Billion Market Opportunity by 2023: Food & Beverage and APAC Dominate - ResearchAndMarkets.com

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The "Global
Green Packaging Market - Segmented by Materials (Plastics, Metals),
End-user, and Region - Growth, Trends, and Forecast (2018 - 2023)"

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The Global Green Packaging Market was valued at USD 214.33 billion in
2017, and is expected to reach a market value of USD 296.84 billion by
2023, registering a CAGR of 5.7%, during the forecast period of
2018-2023.

The way consumers view and interact with packages is changing, with
growing focus on sustainability; traditional packaging solutions are
being replaced by innovative and more viable sustainable packaging.
Companies are focusing on green packaging solutions, which are either
recyclable or have a lower impact on the environment.

Key Highlights

  • Emergence of Sustainable Materials, such as Bio-Plastics to Drive the
    Market
  • Food & Beverage is the Largest Market
  • Asia-Pacific is the Largest Regional Market

Notable Developments in the Market

  • McDonald's announced that all of its packaging will be made from
    renewable, recycled or certified materials by 2025. The restaurant
    aims for all of its 37,000 restaurants around the world to use these
    products. Currently, half of McDonald's packaging is made from
    sustainable materials, and only 10% of its outlets are recycled.
  • The Kroger Co. announced it had joined the Sustainable Packaging
    Coalition (SPC), a membership-based collaborative of like-minded
    companies striving to advance sustainable packaging. It has joined
    more than 130 brands, manufacturers, government officials, academics,
    and organizations in SPC.
  • TIPA Sustainable Packaging, a developer and manufacturer of bio-based,
    compostable, flexible packaging, and Jindal Films Europe, involved in
    the development & manufacture of specialty packaging & labeling film
    solutions announced the signature of partnership agreement at
    Interpack 2017.

Key Topics Covered

1. Introduction

2. Research Approach and Methodology

3. Executive Summary

4. Market Dynamics

5. Global Green Packaging Market Segmentation

6. Competitive Intelligence - Company Profiles

  • Amcor Limited
  • Mondi Group
  • Sealed Air Corporation
  • Tetra Pak International SA
  • Winpak Limited
  • Berry Global Inc.
  • Bemis Company Inc.
  • BASF SE
  • Huhtumaki OYJ
  • DowDuPont

7. Investment Analysis

8. Future Outlook on the Green Packaging Market

For more information about this report visit https://www.researchandmarkets.com/research/6np7qb/green_packaging?w=4

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