Strict government regulations are playing vital role behind the success of green packaging market. Due to strict regulations, manufacturers have to adopt eco-friendly packaging which considers under Extended Producers Responsibility (EPR). These key factors are driving green packaging market all across the globe.

Clean & safe environment with maximum waste recovery of packaging material can be achieved by green packaging. Depletion of natural resources is increasing the awareness about environment condition among population which is eventually propelling the growth of green packaging market. Inclination towards durable & eco-friendly packaging with the support of government initiatives and tax benefits are increasing the adoption of green packaging over conventional packaging.

Green packaging market segmentation has been carried out on the basis of product type and by end user. Product type segment is further categorized on the basis of reusable, recyclable and biodegradable packaging. Among these segments, recyclable green packaging accounted for the major share of green packaging market in 2016, due to its immense benefits in reducing carbon footprints. Increasing demand of reusable green packaging in supply chain is likely to boost the growth of reusable green packaging in the near future. Europe region is expected to dominate the global green packaging market during the forecast period, owing to the increasing environmental awareness and strict regulations on the usage of conventional packaging which causes excessive soil pollution. Europe green packaging market size reached USD 41.73 billion in 2016, and is anticipated to grow at a CAGR of 7.0% over the forecast period through 2024.

The Report is available at: https://www.goldsteinresearch.com/report/global-green-packaging-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

Market Segmentation

Global green packaging market is segmented on the following basis:

Based on Product Type
o Recyclable Green Packaging
o Reusable Green Packaging
o Degradable Green Packaging
Based on End-User
o Food & Beverages
o Personal and Home Care Goods
o Healthcare & Pharmaceuticals
o Others (Textile, Chemical)
Based on Geography
o North America (U.S. & Canada)
o Latin America ( Brazil , Mexico & Rest of Latin America)
o Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE)
o Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia)
o Middle East & Africa (GCC, South Africa, North Africa, RoMEA)
o Rest of World

“Global Green Packaging Market Outlook 2024” by Goldstein Research contains detailed overview of the global green packaging market in terms of market segmentation by product type and by end user.

Further, for the in-depth analysis, green packaging market research report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Sacle) analysis, Porter’s five force model and SWOT analysis.

Global green packaging market report also includes competitive outlook of some of the major players of the global green packaging market which includes profiling of companies Amcor Limited, Mondi plc, DS Smith, DuPont, Georgia-Pacific LLC, Ball Corporation, Evergreen Packaging, Tetra Laval Corporation, International Paper Company, Airlite Plastics, Cascades, Graham Packaging Company and BioMass Packaging. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents comprehensive synopsis on the green packaging market trends that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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