Sustainable Packaging

Sustainable Packaging Market by Material (Glass, Metal, Paper & Paperboard), Function (Active Packaging, Alternate Fiber Packaging, Molded Pulp Packaging), Packaging Type, Industry - Global Forecast 2024-2030

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[192 Pages Report] The Sustainable Packaging Market size was estimated at USD 529.75 billion in 2023 and expected to reach USD 561.11 billion in 2024, at a CAGR 6.43% to reach USD 819.58 billion by 2030.

Sustainable Packaging Market
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Sustainable packaging refers to the development and use of packaging solutions that have minimal environmental impact and footprint. It involves the implementation of packaging designs, materials, and processes that are eco-friendly throughout the product's life cycle to reduce carbon footprint, utilize renewable or recyclable materials, decrease packaging waste, and conserve resources. The increasing consumer awareness of environmental issues, stringent regulatory pressures concerning waste and recycling, and the corporate push towards Corporate Social Responsibility (CSR) and sustainability goals significantly drive the market. Moreover, technological innovations in packaging materials and processes also contribute to the development of this sector. However, challenges related to the high costs of eco-friendly materials, technological limitations in recycling processes, and the need for a balance between durability and sustainability hinder growth. Additionally, there is a gap in consumer perception and willingness to pay extra for sustainable options, which can impede growth. Furthermore, key players are expected to focus on opportunities for innovation in materials and design that can reduce environmental impact. There is a growing demand for packaging made from bio-based or recycled materials. Companies that invest in sustainable packaging can not only reduce their environmental footprint but also enhance their brand image and appeal to conscious consumers. Furthermore, advancements in technology and research can open new avenues for cost-effective and efficient sustainable packaging solutions.

Regional Insights

In the Americas, the drive towards sustainable packaging has gained significant traction, primarily fueled by consumer awareness and stricter environmental regulations. The United States and Canada are at the forefront, prioritizing the development and adoption of packaging solutions that minimize environmental impact. Here, we observe a growing preference for materials that are recyclable, compostable, or made from renewable resources. Innovations in this region often focus on reducing plastic usage and improving the recyclability of packaging materials. Key sectors leading the charge include food and beverage, healthcare, and personal care products. The Asia-Pacific region presents a dynamic and rapidly evolving sustainable packaging landscape. Countries such as Japan, South Korea, Australia, and China are leading by example, implementing policies that encourage the use of eco-friendly packaging materials. The APAC market is characterized by a rich diversity of innovations, from biodegradable plastics to plant-based packaging solutions. This region's tremendous growth is propelled by its large consumer base, increasing environmental consciousness among consumers, and governmental policies aimed at reducing plastic waste. Europe, the Middle East, and Africa (EMEA) are distinguished by their robust regulatory framework supporting sustainable packaging. The European Union, in particular, has been a pioneer, setting ambitious targets for recycling and the reduction of single-use plastics. This regulatory environment, coupled with high consumer awareness, has made Europe a global leader in sustainable packaging innovations. The emphasis here is on creating a circular economy where packaging materials are continuously reused or recycled, minimizing waste and resource depletion. Middle Eastern and African markets are progressively adopting sustainable practices, with South Africa and the UAE emerging as noteworthy contributors to the region's growth in sustainable packaging.

Material: Growing usage of glass packaging for a wide range of uses including, food & beverages and pharmaceuticals

Glass packaging is made from natural substances such as limestone, sand, and soda ash. It's known for its inert nature, meaning it doesn't react with the products it contains, making it suitable for a wide range of uses from food and beverages to pharmaceuticals. Glass can be endlessly recycled without loss in quality, which contributes to its credentials as a sustainable packaging choice. However, its production and recycling processes are energy-intensive, and its weight adds to transportation emissions. Metals including, aluminum and steel are prominent in the packaging industry for their durability and recyclability. Aluminum is lightweight, corrosion-resistant, and requires less energy to recycle than to produce from raw materials. Its light weight reduces transportation emissions, and its ability to be recycled indefinitely without losing quality makes it a valuable sustainable packaging material. Steel, known for its strength and sturdiness, is also highly recyclable. It can be recycled continuously without degradation in performance or quality. Derived from wood pulp, paper & paperboard are widely used for packaging due to their biodegradable nature and versatility. Kraft Paper is strong and durable, making it ideal for bags, wrapping, and other packaging needs that require strength. It is one of the most recycled materials, contributing to its sustainability profile. Recycled Paper further enhances the sustainability of paper as a packaging material. It uses less energy and water in its production compared to virgin paper and helps reduce the demand for raw materials. Plastics in sustainable packaging often encompass bio-based and biodegradable variants, aiming to reduce environmental impact. Bio-based plastic is derived from renewable sources including, plants, as opposed to conventional plastics which are made from petroleum. Some bio-based plastics are biodegradable, while others are not, making their environmental benefits variable based on composition and end-of-life handling. Biodegradable plastic is designed to break down under specific conditions of temperature, moisture, and oxygen, potentially reducing pollution.

Industry: High potential for sustainable packaging in the aerospace industry to improve fuel efficiency

In the aerospace industry, sustainable packaging is primarily about reducing the weight of packaging to improve fuel efficiency and using materials that are recyclable or derived from renewable sources. This sector seeks innovative solutions that don't compromise the protection and safety of sensitive equipment. Agriculture benefits from sustainable packaging by using biodegradable plant pots, seed packaging, and bulk materials transport options that minimize waste. Packaging in this sector aims at reducing plastic use and promoting compostable and bio-based materials. The automotive & transportation sector is transitioning towards sustainable packaging by adopting recyclable and lighter-weight materials for parts packaging and logistics. It focuses on minimizing packaging volume and weight to enhance transportation efficiency and reduce carbon emissions. Sustainable packaging in construction involves the use of bulk packaging, reusable crates, and pallets for transporting materials. The focus is on durable packaging that can withstand multiple uses and on materials that are recyclable or from recycled content. Electronics manufacturers are moving towards smaller, more lightweight packaging designs and materials that are easier to recycle. The challenge is protecting sensitive components while minimizing the use of plastics and adopting materials such as molded pulp and recycled paper. Food & beverage is at the forefront of adopting sustainable packaging, driven by consumer demand for eco-friendly options. Innovations include biodegradable packaging, edible packaging, and designs that maximize product shelf-life while reducing material use. Sustainable packaging in healthcare involves using recyclable materials, reducing packaging layers, and optimizing package size to minimize waste. The challenge is balancing sustainability with the need for sterility and protection of sensitive products. The retail sector is increasingly implementing sustainable packaging by reducing plastic bag usage, encouraging the use of reusable bags, and adopting packaging materials that are recyclable or compostable. Packaging design that reduces waste and promotes recyclability is key. Sustainable packaging in the textile industry includes using recycled or reusable bags, reducing packaging, and adopting biodegradable materials for garment bags and hangers. The focus is on reducing the environmental impact of packaging while ensuring product protection.

Market Dynamics

The market dynamics represent an ever-changing landscape of the Sustainable Packaging Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Disruption Analysis

The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the Sustainable Packaging Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the Sustainable Packaging Market.

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Sustainable Packaging Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

Value Chain & Critical Path Analysis

The value chain of the Sustainable Packaging Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.

Pricing Analysis

The pricing analysis comprehensively evaluates how a product or service is priced within the Sustainable Packaging Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the Sustainable Packaging Market.

Technology Analysis

The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the Sustainable Packaging Market.

Patent Analysis

The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the Sustainable Packaging Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.

Trade Analysis

The trade analysis of the Sustainable Packaging Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.

Regulatory Framework Analysis

The regulatory framework analysis for the Sustainable Packaging Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Sustainable Packaging Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Sustainable Packaging Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • DS Smith Expands Eastern European Presence with Strategic Acquisition of Serbian Packaging Firm Bosis doo

    DS Smith, planned to acquire the Serbian packaging firm Bosis doo to enhance DS Smith's footprint in Eastern Europe significantly, raising its total to 29 box-making facilities within the region. This expansion fortifies the company's presence in the area, where it already has a robust workforce exceeding 7,000 employees across its extensive network of manufacturing sites. This move underscores DS Smith's commitment to reinforcing its supply chain and service capability in the burgeoning Eastern European market. [Published On: 2023-08-02]

  • Huhtamaki Pioneers Sustainable Mono-Material Packaging Solutions for Enhanced Recyclability and Protection

    Huhtamaki introduced cutting-edge mono-material technology and announced the company's breakthrough in creating sustainable packaging solutions that maintain affordability and product protection without compromising recyclability. These innovations encompass unique mono-material flexible packaging options in Paper, PE, and PP Retort, featuring high percentages of mono-material, up to 95% for PE & at least 90% for PAPER and PP, thereby setting new standards in the industry. Positioned to aid customers in achieving their sustainability goals, including the transition to recyclable, compostable, or reusable packaging by 2025, Huhtamaki's developments are designed with circularity in mind. [Published On: 2023-04-27]

  • Electrolux's Eco-Innovation: Cutting-Edge Sustainable Packaging for Small Appliances

    Electrolux Group introduced innovative packaging solutions for its Electrolux and AEG small appliances, leveraging recycled and paper-based Forest Stewardship Council certified materials. This groundbreaking initiative reduces the usage of Expanded PolyStyrene (EPS) and substantially cuts down ink consumption by 70% through a streamlined four-color print process. By consolidating packaging options and employing versatile stickers for product differentiation, the company effectively halves the need for varied packaging, championing resource efficiency and waste reduction. [Published On: 2023-03-30]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Sustainable Packaging Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Sustainable Packaging Market, highlighting leading vendors and their innovative profiles. These include AB Electrolux, Amcor PLC, Ardagh Group S.A, Arekapak GmbH, Ball Corporation, BASF SE, Berry Global, Inc, BioPak by Duni AB, Crown Holdings, Inc., DS Smith PLC, DuPont de Nemours, Inc., Elevate Packaging, Gerresheimer AG, Huhtamaki OYJ, IMEX Packaging, International Paper Company, Mondi PLC, Nampak Ltd., Sealed Air Corporation, Smurfit Kappa Group plc, Sonoco Products Company, Stora Enso Oyj, and Tetra Laval International SA.

Sustainable Packaging Market - Global Forecast 2024-2030
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Market Segmentation & Coverage

This research report categorizes the Sustainable Packaging Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Material
    • Glass
      • Limestone
      • Sand
      • Soda Ash
    • Metal
      • Aluminium
      • Steel
    • Paper & Paperboard
      • Kraft Paper
      • Recycled Paper
    • Plastic
      • Bio-based Plastic
      • Biodegradable Plastic
  • Function
    • Active Packaging
      • Antimicrobial Packaging
      • Barrier Packaging
      • Modified Atmosphere Packaging
    • Alternate Fiber Packaging
      • Bamboo Fiber
      • Mushroom Packaging
    • Molded Pulp Packaging
      • Processed Pulp Packaging
      • Thermoformed Pulp Packaging
      • Thick Wall Pulp Packaging
      • Transfer Molded Pulp Packaging
  • Packaging Type
    • Bags
    • Bottles & Jars
    • Boxes
    • Drums
    • Pouches & Sachets
    • Protective Films
    • Trays
  • Industry
    • Aerospace
    • Agriculture
    • Automotive & Transportation
    • Construction
    • Electronics
    • Food & Beverage
    • Healthcare & Pharmaceuticals
    • Retail
    • Textiles

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Austria
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Hungary
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Romania
      • Russia
      • Saudi Arabia
      • Slovakia
      • Slovenia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

This research report offers invaluable insights into various crucial aspects of the Sustainable Packaging Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Sustainable Packaging Market, by Material
  7. Sustainable Packaging Market, by Function
  8. Sustainable Packaging Market, by Packaging Type
  9. Sustainable Packaging Market, by Industry
  10. Americas Sustainable Packaging Market
  11. Asia-Pacific Sustainable Packaging Market
  12. Europe, Middle East & Africa Sustainable Packaging Market
  13. Competitive Landscape
  14. Competitive Portfolio
  15. List of Figures [Total: 24]
  16. List of Tables [Total: 1132]
  17. List of Companies Mentioned [Total: 23]
Australia aims for 100% sustainable packaging with AUD 250M investment
July 5, 2022
Australia aims for 100% sustainable packaging with AUD 250M investment
Australia’s 2025 National Packaging Targets, supported by both the government and industries, aims to deliver a sustainable and new approach to packaging.

The Australian 2025 National Packaging Targets was launched in 2018 and added to the 2021 National Plastics Plan and the 2019 National Waste Policy Action Plan. The country’s ambitious goals are to achieve 100% recyclable, reusable or compostable packaging, ensure recycling or composting, and discontinue problematic single-use plastic packaging by 2025.

Recently, in March 2022, the Australian Government provided an AUD 60 million (USD 44.4M) funding bringing the Recycling Modernization Fund (RMF) to a total of AUD 250 million (USD 173.42M) to aid the processing of hard-to-recycle plastic packaging by establishing innovative recycling technologies.

The global sustainable packaging market is expected to receive a multitude of opportunities due to the presence of supportive well-established government frameworks. The food & beverage and cosmetics & personal care sectors are the first in line to employ such innovative packaging solutions.

Sustainable packaging is environmentally-friendly due to easy recyclability and significantly eliminates carbon emission rates. Studies show that it also enhances the brand value of companies and makes products more attractive to environment-conscious consumers.

Frequently Asked Questions
  1. How big is the Sustainable Packaging Market?
    Ans. The Global Sustainable Packaging Market size was estimated at USD 529.75 billion in 2023 and expected to reach USD 561.11 billion in 2024.
  2. What is the Sustainable Packaging Market growth?
    Ans. The Global Sustainable Packaging Market to grow USD 819.58 billion by 2030, at a CAGR of 6.43%
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