[182 Pages Report] The Flexible Green Packaging Market size was estimated at USD 77.78 billion in 2023 and expected to reach USD 83.58 billion in 2024, at a CAGR 7.68% to reach USD 130.60 billion by 2030.
Flexible green packaging is an environmentally friendly packaging solution that is designed to minimize environmental concerns throughout its lifecycle, from production to disposal. Flexible green packaging involves the use of flexible, sustainable materials, eco-friendly manufacturing processes, and packaging designs that prioritize recyclability, reusability, and reduced resource consumption. Increasing environmental awareness and a growing consumer preference for sustainable and eco-friendly products are propelling the adoption of flexible green packaging solutions. Government regulations and policies aimed at reducing plastic waste and promoting sustainable packaging practices are crucial in driving the demand for flexible green packaging. Limited material options and performance of flexible green packaging compared to conventional packaging limits the usage flexible green packaging products. Technological advancements and material innovations for the discovery of new sustainable materials, improved barrier properties, and enhanced recyclability is expected to fuel the growth of the flexible green packaging market.
The flexible green packaging market in the Americas is highly developing, with profound native packaging manufacturers transforming their product portfolio to add new and advanced sustainable packaging solutions. The accelerating growth in the food & beverage, pharmaceuticals, and personal care & cosmetics industries has expanded the need for flexible green packaging worldwide as it helps to optimize material usage, reduce waste, and utilize lightweight materials. The regulatory authorities across the Americas and Europe implemented various regulations and initiatives to promote sustainable packaging practices. Several states in the U.S. have banned or imposed restrictions on single-use plastic bags, leading to increased demand for alternative packaging solutions, subsequently benefiting the market's growth. The well-established retail and eCommerce sector in Asia-Pacific and their growing adoption of sustainable packaging practices to meet consumer demands and reduce their environmental footprint are expected to create a platform for the flexible green packaging market in the region.
The FPNV Positioning Matrix is pivotal in evaluating the Flexible Green Packaging Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis 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: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Flexible Green Packaging Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. 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 this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Huhtamaki to Launch Sustainable Flexible Packaging Innovation
Huhtamaki, a provider of consumer and specialty packaging, is set to launch a new sustainable, flexible packaging innovation. This new technology provides a unique combination of protection, full recyclability, and affordability for brands and customers. The innovative material can be used in various product categories, including food, beverage, cosmetics, healthcare products, and more. In addition to providing the best possible protection for products during transportation and storage, the packaging also helps reduce waste and increase sustainability initiatives in the supply chain. [Published On: 2023-04-27]
Amcor and Tyson Foods Partner to Deliver New Sustainable Packaging
Amcor PLC and Tyson Foods, Inc. announced their partnership to deliver a new sustainable packaging solution. This partnership helps companies to turn toward more sustainable options to meet consumer demand in the food industry. The new flexible green packaging solution promises to reduce packaging waste and lessen environmental impact while providing consumers with an easy-to-use product that can effectively store their food. [Published On: 2023-04-18]
Charter Next Generation, Revolution Collaborate to Bring PCR to Food, Flexible Packaging Applications
Charter NEX Films and Charter Next Generation Revolution announced a collaboration to bring Post-Consumer Resin (PCR) to food flexible packaging applications. This is a significant step to lower the environmental impact of flexible green packaging. With this new PCR solution, companies can provide their customers with more sustainable options that are also cost-efficient. In addition, PCR materials have been proven to have greater oxygen and moisture barrier properties when compared to traditional materials used in flexible packaging. [Published On: 2023-03-02]
The report delves into recent significant developments in the Flexible Green Packaging Market, highlighting leading vendors and their innovative profiles. These include Amcor PLC, Amerplast Ltd., Ball Corporation, BASF SE, Berry Global Inc., Brook + Whittle LTD, C-P Flexible Packaging, Inc., Constantia Flexibles, DuPont de Nemours, Inc., Emmerson Packaging, ePac Holdings, LLC, FLAIR Flexible Packaging Corporation, Foxpak Flexibles Ltd., Huhtamäki Oyj, Maco PKG, Mondi PLC, Plastic Packaging Technologies, LLC, PPC Flexible Packaging LLC, Printpack, ProAmpac, Reynolds Packaging, Rootree Inc., Sealed Air Corporation, TC Transcontinental Packaging, Tetra Laval International SA, The Dow Chemical Company, TIPA Corp Ltd., Toppan Inc., UFlex Limited, and Wipak by Wihuri Group.
This research report categorizes the Flexible Green Packaging Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Product
- Bags
- Pouches & Tubes
- Wraps & Films
- Type
- Degradable Packaging
- Recyclable Packaging
- Reusable Packaging
- End-User
- Agriculture
- Food & Beverage
- Personal Care & Household Care
- Pharmaceutical & Medical
- 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
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Flexible Green Packaging Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Flexible Green Packaging Market?
- What are the technology trends and regulatory frameworks in the Flexible Green Packaging Market?
- What is the market share of the leading vendors in the Flexible Green Packaging Market?
- Which modes and strategic moves are suitable for entering the Flexible Green Packaging Market?
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Flexible Green Packaging Market, by Product
- Flexible Green Packaging Market, by Type
- Flexible Green Packaging Market, by End-User
- Americas Flexible Green Packaging Market
- Asia-Pacific Flexible Green Packaging Market
- Europe, Middle East & Africa Flexible Green Packaging Market
- Competitive Landscape
- Competitive Portfolio
- List of Figures [Total: 22]
- List of Tables [Total: 288]
- List of Companies Mentioned [Total: 30]
Economic Benefits of Flexible Green Packaging
Flexible green packaging offers numerous economic benefits for businesses, including cost savings on sourcing, transportation, and production. Unlike traditional packaging materials, including plastic or paper, green packaging materials are often sourced from sustainable materials like compostable or biodegradable polymers. These materials are cost-effective and require less energy to produce, which helps companies lower their production and transportation costs.
Environmental Benefits of Flexible Green Packaging
Flexible green packaging has significant environmental benefits. Compared to traditional packaging materials, green packaging generates less pollution and wastes. Flexible green packaging is often made from recyclable materials, which means it can be recycled or composted after use. When compared to traditional packaging materials, recycled materials use less energy, emit fewer greenhouse gases, and reduce the consumption of natural resources like trees and petroleum.
Growing Adoption Across the Food & Beverage Industry
Flexible green packaging has been growing in popularity across the food & beverage industry. More and more companies are implementing green packaging solutions and incorporating sustainable packaging practices into their business operations. These companies have realized the importance of sustainable practices as it helps them attract new, environmentally conscious customers while positively impacting the planet in the process.
Why Are More Companies Switching to Flexible Green Packaging?
Packaging has become one of the top concerns for consumers. As people become more environmentally conscious, they expect the companies they buy from to take sustainable packaging practices seriously. Many companies that switch to flexible green packaging solutions receive positive feedback from customers, who appreciate products that are eco-friendly. Besides, brands that adopt sustainable packaging practices can differentiate themselves from the competition, which is a critical factor in building brand loyalty.
Flexible green packaging solutions offer numerous benefits for both businesses and the environment. Companies that switch to sustainable packaging practices not only save on production and transportation costs but also appeal to customers who are more environmentally conscious. The shift toward flexible green packaging is happening across the food and beverage industry, and it's clear that this trend is here to stay. With the continuous development in technology, we can expect to see more innovative sustainable packaging solutions that will further reduce waste and promote a greener future.
- How big is the Flexible Green Packaging Market?
- What is the Flexible Green Packaging Market growth?
- When do I get the report?
- In what format does this report get delivered to me?
- How long has 360iResearch been around?
- What if I have a question about your reports?
- Can I share this report with my team?
- Can I use your research in my presentation?