Advent of trends in Sustainable Green Packaging market has further boosted the sales, namely customer-focused packaging which involves prevalence of portion control in food products for health-conscious customers. Production of flexible Sustainable Green Packaging making it easy to store, reseal, open, and extend the shelf life of the product being purchased.

Market Segmentation

The Sustainable Green Packaging market is segmented on the basis of packaging and application.

By packaging, the market is segmented into recycled content and degradable packaging. Recycled content packaging is highly favorable globally due to increasing urbanization. Apart from this, the manufacturing process of recycled content packaging is highly efficient and helps in minimizing the detrimental impact of factories on the environment. These factors can drive the recycled content packaging segment growth.

Based on application, the market is segmented into food & beverage, healthcare, personal care, and others. Personal care and beauty companies have been using Sustainable Green Packaging in order to make packaging more sustainable.

Regional Analysis

Geographically, the segments of Sustainable Green Packaging market are North America, Europe, Asia Pacific, and Rest-of-the-World (RoW).

MRFR analyzes that North America is leading the Sustainable Green Packaging market with the United States being the leading contributor. Immense demand from industrial and manufacturing sectors in this region positively impacts the market. Moreover, rising awareness among consumers coupled with Sustainable Green Packaging adopted across various industries such as fast moving consumer goods (FMCG) and personal body care can open new avenues for the Sustainable Green Packaging market in this region.

The Asia Pacific region, on the other hand, is estimated to be the fastest growing market due to favorable government policies can facilitate the large-scale use of eco-friendly packaging in many countries in the region, thus allowing the Sustainable Green Packaging market to create a stronghold in the region.

Key Vendors

The key vendors in the global Sustainable Green Packaging market are Mondi Plc. (South Africa), WestRock Company (U.S.), BASF SE (Germany), and Sonoco Products Company (U.S.).

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