Rising availability of environment friendly solutions for packaging, coupled with rising awareness, is prognosticated to accelerate revenue generation. Manufacturers are innovating technologies to cater to the rising demand for green packaging.

Regional Analysis

The geographical evaluation of the global green packaging market share is covered in this analysis to offer an in-depth intelligence. The regional segments covered for the study are - North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The regional analysis of the market is trailed by a detailed country-based assessment. Asia-Pacific is presumed to thrive at the highest rate due to rising consumer base. The development of economic condition of the region is projected to further expand the green packaging market share in the coming years. North America is the leading segment due to rising adoption across the manufacturing industry. The United States is projected to contribute the most to the development of the green packaging market share in the region.

Segmentation

On the basis of packaging type, the green packaging market share has been divided into recycled content packaging and degradable packaging.

On the basis of application, green packaging market share has been segmented into food & beverage, personal care, healthcare, and others.

Competitive Dashboard

Amcor Limited (Australia), Tetra Laval International S.A. (Switzerland), Bemis Company, Inc. (U.S.), Mondi Plc (South Africa), BASF SE (Germany), WestRock Company (U.S.), Sonoco Products Company (U.S.), Sealed Air Corporation (U.S.), Smurfit Kappa Group PLC (U.S.), and Huhtamaki OYJ (Finland) are few of the major holders of the global green packaging market share share. Innovations in packaging technologies in alignment with stringent government regulations are projected to drive competition in the market place in the upcoming years. Some of the growth strategies poised to be seen in the green packaging market share are facility expansion, technological innovation, mergers & acquisitions, collaborations, agreements, strategic partnerships, and alliances among others.