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Market players are focused on developing cutting-edge technology for switching to environmentally friendly packaging options to reduce waste from packaging
Amcor plc was founded in 1947 and is based in Zurich, Switzerland. It offers flexible, rigid, and sterile packaging solutions for beverage, food, medical, household, industrial goods, pharmaceuticals, and tobacco industries. It is one of the world’s largest suppliers of flexible packaging and speciality folding cartons, with operations in over 218 sites across 41 countries.
DuPont de Nemours, Inc. was founded in 1802 and is based in Delaware, United States. It operates through various segments, including Electronics, which enables connectivity, smart technologies, and next-generation semiconductor chips and printed circuit boards. DuPont also offers specialised materials for healthcare, aerospace, defence, and clean energy sectors.
Mondi plc was established in 2007 and is headquartered in England, United Kingdom. It a packaging and paper company that provides a range of packaging products, including flexible and rigid packaging, and paper products such as corrugated packaging, bags, and tissues.
Sealed Air Corporation was founded in 1960 and is based in North Carolina, United States. It operates through two main segments, food packaging and product care. The company offers solutions for food safety, product protection, and supply chain efficiency.
Other key players in the global green packaging market include Plastipak Holdings, Inc., among others.
Green Packaging Market Analysis
Green Packaging Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the green packaging market reached an approximate value of USD 212.59 billion.
The market is expected to grow at a CAGR of 6.6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 379.25 billion by 2032.
The major drivers of the market include rising disposable incomes, increasing population, rising awareness of environmental protection, shift towards sustainable living, and the rising demands from healthcare, food, and beverage industries.
Key trends aiding market expansion include the stringent governmental regulations on environmental sustainability, rise of paper-based packaging, and technological advancements in manufacturing of packaging solutions.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major types of green packaging in the market are recycled content, reusable, and degradable packaging.
The major end uses include food, beverage, healthcare, and personal care industries.
Key players in the market are Amcor plc, DuPont de Nemours, Inc., Mondi plc, Sealed Air Corporation, and Plastipak Holdings, Inc., among others.
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