Green Packaging Market Size, Share, Growth Analysis, By Packaging type(Recycled, Reusable, Degradable), By Application(Food & Beverages, Healthcare), By Region - Industry Forecast 2024-2031

Players in the industry are concentrating their R&D efforts on developing new plant-based polymers that mirror the characteristics of plastics currently in use. Companies are revamping packaging to use less material, which reduces costs and trash production. Some of the top businesses in the industry are Tetra Laval, Ball Corp., Nampak, and Sealed Air. To raise awareness and promote the use of sustainable packaging, Evergreen Packaging has been leading Corporate Social Responsibility (CSR) initiatives including "Carton 2 Garden." Companies in the market are spending more money on creative packaging ideas and novel materials with limitless recycling potential. For instance, ALU/PET non-recyclable constructions are being replaced with Amcor's ultra-recyclable high-barrier packaging with a reduced carbon footprint. Several significant companies in the global green packaging market are.

Green Packaging Market Top Player’s Company Profiles

• Amcor
• Amcor Limited
• Ball Corporation
• Bemis Company Inc.
• Berry Global Inc.
• DS Smith
• Huhtamaki Oyj
• International Paper Company
• Mondi
• Reynolds Group Holdings Limited
• Sealed Air Corporation
• Smurfit Kappa Group plc
• Sonoco Products Company
• Tetra Pak International S.A.
• WestRock Company
• Avery Dennison Corporation
• Crown Holdings Inc.
• Elopak AS
• Graphic Packaging International, LLC
• Klabin S.A.
• Owens-Illinois Inc.

 Green Packaging Market Recent Development

• In May 2021, one of the top food producers, Nestle, announced an investment in the packaging sector of roughly US$ 2.1 billion to turn waste plastics into food-grade recycled plastics. The business has also launched a sustainable packaging fund plan that invites investments from start-ups all around the world.
• In October 2021, to eliminate trash from the environment, Coca-Cola, one of the top beverage companies, partnered with the world without waste organization. By supporting a roadmap for the nation in Western Europe and guaranteeing that the packages are collected and recycled, the corporation has also set the way for future objectives.