The
report on Green Packaging Market by packaging type (recycled content
packaging, reusable packaging, degradable packaging), by application (food
& beverages, personal care, health care), by regions (North America,
Europe, Asia-Pacific, RoW) trends analysis and forecasts up to 2023 studies the
market sizes, key trends and opportunities in the main geographies such as
North America, Europe, Asia-Pacific, Rest of the World. According to the report
the Global Green Packaging Market is projected to grow at a CAGR between 5.0%
and 5.5% in terms of value over the period of 2017-2023. The growth in the
world market is primarily driven by significant contribution by North America
(Leading region) region to this market.
Browse Research Report: https://www.infiniumglobalresearch.com/consumer_goods_packaging/global_green_packaging_market
Market Insights
The
report identified that the green packaging market is driven by factors such as,
rising demand for green packaging products from the various end use industries,
increasing awareness among the general population about environmental friendly
packaging, and technological advancements in bio plastics. On the other hand,
the restraining factors identified in the study include high production and set
up cost for green packaging industries, inefficiency of recycling industries to
process solid waste, coupled with lack of government initiatives for recycling
and adopting green packaging in developing countries. Rising demand for green
packaging products in the Asia Pacific and South American countries provide
opportunity for major players in the emerging and developing economies.
Segments Covered:
The
report segments the green packaging market on the basis of packaging type,
application and region. The market size of each segment has been provided in
terms of value (USD). The market segments, by application include food &
beverages, personal care, health care and others. The market segments by
packaging type include recycled content packaging, reusable packaging and
degradable packaging.
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Geographic Coverage and Analysis:
The
report provides regional analysis covering geographies such as North America,
Europe, Asia-Pacific, and Rest of the World. In this section the key trends and
market size for each geography is provided over the period of 2017 – 2023.
North
America is the key consumer of the green packaging products in the global
market. In 2016, this region accounted for nearly 28% share in the global
market. Europe accounted for the second largest market over the period of 2015
and 2016. High demand from countries such as Japan, India and South Korea
enhance the growth of the Asia-pacific green packaging market. As a result the
Asia Pacific region is projected to grow at the highest CAGR over the forecast
period.
Companies Profiled:
The
companies covered in the report include Amcor Limited, E. I. DuPont de Nemours
and Company, Mondi Limited, Sealed Air Corporation, TetraPak International
S.A., Ardagh Group Co., PlastiPak Holdings, Inc., Bemis Company, Inc., Uflex
limited, and ELOPAK AS.
Report Highlights:
The
report provides deep insights on demand forecasts, market trends and micro and
macro indicators. In addition, this report provides insights on the factors
that are driving and restraining the demand of green packaging globally as well
as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings
an insight on the investment areas that existing or new market players can
consider. The report provides insights into the market using analytical tools
such as Porter’s five forces analysis and DRO analysis of the green packaging
market.
Moreover,
the study highlights current market trends and provides forecast from 2017 to
2023. We also have highlighted future trends in the green packaging market that
will impact the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight on the market
strategies of the leading players. This report will help manufacturers,
suppliers and distributors of the green packaging market to understand the
present and future trends in this market and formulate their strategies
accordingly.
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