Global Flexible Green Packaging Market Size study & Forecast, by Application (Consumer Goods, Medical Industry, E-Commerce and Logistics), by Type (Degradable Packaging, Recyclable Packaging, Reusable Packaging) and Regional Analysis, 2023-2030
Global Flexible Green Packaging Market is valued approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. The Global Flexible Green Packaging Market refers to the market for environmentally friendly and sustainable packaging solutions that are designed to minimize the negative impact on the environment. Flexible green packaging is characterized by its use of renewable materials, reduced energy consumption, and reduced carbon footprint throughout its lifecycle. The major driving factors for the Global Flexible Green Packaging Market are government regulations and policies, increased regulations on plastic waste, and shifting consumer preferences towards sustainable and eco-friendly products are some of the key factors driving the growth of the global flexible green packaging market. Moreover, brand image and corporate social responsibility
For instance, in the United States the Department of Energy has invested USD 25 million in the production of plastics, in year 2021. Along with this, in February 2021, Dow Packaging and Specialty Plastics and Lucro Plastecycle, a Mumbai-based recycling company, announced an agreement to produce and market polyethylene films made from post-consumer recycled (PCR) plastics in India. Also , in October 2022, Kamakshi Sudpack a Germany based company has started a flexible packaging manufacturing unit, which is used for making non-food, food and medical packaging and invested USD 24.40 million for manufacturing flexible packaging. However, the high cost of Flexible Green Packaging stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Flexible Green Packaging Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is a significant market for flexible green packaging, driven by stringent regulations on plastic waste and a strong emphasis on sustainability. The United States and Canada have implemented measures to reduce single-use plastics, leading to increased demand for eco-friendly packaging solutions. Consumer awareness and preference for sustainable products further contribute to market growth. The Asia Pacific region is experiencing fastest-growth in the flexible green packaging market. Rising environmental concerns, expanding middle-class population, and increasing urbanization are driving the demand for sustainable packaging solutions. Countries like China, Japan, India, and South Korea are key markets, with a growing focus on reducing plastic waste and promoting eco-friendly packaging alternatives.
Major market player included in this report are:Sealed Air Corporation
Wipak Group
Reynolds Group Holdings
DowDuPont Inc. (now known as DuPont de Nemours, Inc.)
Ukrplastic LLC
Tetra Laval International S.A.
Clondalkin Group Holdings BV
Amcor Limited
Ampac Holdings LLC
Mondi Group
Recent Developments in the Market:In April 2023, Huhtamaki a company based in Finland has launched a sustainable flexible packaging, which is game changing technology that provides full recyclability and affordability for packaging.
Global Flexible Green Packaging Market Report Scope:Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Application, Type, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below: By Application:
Consumer Goods
Medical Industry
E-Commerce and Logistics
By Type:
Degradable Packaging
Recyclable Packaging
Reusable Packaging
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies MentionedSealed Air Corporation
Wipak Group
Reynolds Group Holdings
DowDuPont Inc. (now known as DuPont de Nemours, Inc.)
Ukrplastic LLC
Tetra Laval International S.A.
Clondalkin Group Holdings BV
Amcor Limited
Ampac Holdings LLC
Mondi Group
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