Green Packaging Market Nears $240 Billion by 2024 – Analysis on Key Driving Factors, Challenges, Opportunities, and the Competitive Scenario – Yahoo Finance

Dublin, Sept. 09, 2019 (GLOBE NEWSWIRE) — The “Green Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

The global green packaging market was worth US$ 168.2 Billion in 2018. The market is expected to reach a value of US$ 238.6 Billion by 2024, at a projected CAGR of around 6% during 2019-2024.

Green packaging, or sustainable packaging, refers to the use of sustainable materials and manufacturing methods for the packaging of goods. It utilizes biodegradable and plant-based plastics along with recycled molded packaging and used polyethylene bags to produce various products.

In comparison to the conventionally used synthetic packaging process, green packaging has a reduced carbon footprint, which helps to support human and ecological health in the long run. The process of green packaging further includes ways that limit the amount of waste and emissions generated in the manufacturing process.

The growing awareness regarding environmental conservation and sustainable living is one of the key drivers of the market. This, coupled with stringent governmental regulations for environment protection and the industrial trend of incorporating renewably sourced materials in the manufacturing process, is also significantly catalyzing the market growth.

In addition to this, various industries have started to include green packaging as a part of their Extended Producers Responsibility (EPR). For instance, healthcare and food & beverage companies are opting for eco-friendly packaging products such as paper, glass, metal and plastic that can be easily recycled.

Moreover, an increasing number of initiatives implemented by governments of both developed and emerging nations to encourage the incorporation of green packaging across various industries is also projected to drive the market in the coming years. Other factors contributing to the market growth include increasing research and development (R&D) activities and technological advancements in the manufacturing of green packaging materials such as bio-based resins.

Key Questions Answered

• How has the global green packaging market performed so far and how will it perform in the coming years?
• What are the key regional markets in the global green packaging industry?
• What is the breakup of the market based on the packaging type?
• What is the breakup of the market based on the end use industry?
• What are the various stages in the value chain of the global green packaging industry?
• What are the key driving factors and challenges in the global green packaging industry?
• What is the structure of the global green packaging industry and who are the key players?
• What is the degree of competition in the global green packaging industry?
• What are the profit margins in the green packaging industry?

Key Topics Covered

1 Preface

2 Scope & Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Green Packaging Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Packaging Type
5.4 Market Breakup by End Use Industry
5.5 Market Breakup by Region
5.6 Market Forecast

6 Market Breakup by Packaging Type
6.1 Recycled Content Packaging
6.1.1 Market Trends
6.1.2 Market Breakup By Type
6.1.2.1 Paper
6.1.2.2 Plastic
6.1.2.3 Metal
6.1.2.4 Glass
6.1.2.1 Others
6.2.3 Market Forecast
6.2 Reusable Packaging
6.2.1 Market Trends
6.2.2 Market Breakup By Type
6.2.2.1 Drum
6.2.2.2 Plastic Container
6.2.2.3 Others
6.2.3 Market Forecast
6.3 Degradable Packaging

7 Market Breakup by End Use Industry
7.1 Food Industry
7.2 Beverage Industry
7.3 Healthcare Industry
7.4 Personal Care Industry
7.5 Others

8 Market Breakup by Region
8.1 Asia Pacific
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Europe
8.3 North America
8.4 Middle East and Africa
8.5 Latin America

9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats

10 Value Chain Analysis
10.1 Overview
10.2 Sourcing of Raw Material
10.3 Manufacture of Packaging Material
10.4 Manufacturing of Packaged Goods
10.5 Logistics
10.6 Distribution Channel

11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes

12 Price Analysis
12.1 Key Price Indicators
12.2 Price Structure
12.3 Margin Analysis

13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Amcor Limited
13.3.2 DuPont
13.3.3 Mondi Limited
13.3.4 Sealed Air Corporation
13.3.5 TetraPak International S.A.
13.3.6 Ardagh Group Co.
13.3.7 PlastiPak Holdings, Inc.
13.3.8 Bemis Company, Inc.
13.3.9 Uflex limited
13.3.10 ELOPAK AS

For more information about this report visit https://www.researchandmarkets.com/r/lu2op0