The Business Research Company’s report on the Eco-Friendly Food Packaging Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the eco-friendly food packaging market in recent years?
The growing consumer awareness about the drawbacks of plastic products for food packaging is driving the growth of the eco-friendly food packaging market. Widespread usage of single-use and non-degradable plastic packaging products affects the environment adversely. Plastic takes hundreds of years to decompose in a landfill and for such a long period the plastic waste will be there in the surroundings and cause several harm to the environment and ultimately harms the life of plants, animals, and human beings. For instance, according to the World Economic Forum report, countries such as Germany and Austria are the leaders in recycling waste at the rate of 56% and 52% respectively. In addition, some countries, such as Wales, have set lofty recycling goals for themselves. Wales is aiming for zero waste by 2050, while the EU is considering setting a new 2030 target of at least 65%. Therefore, increasing awareness among the consumer about the hazards of using plastic products for food packaging is expected to propel the growth of the eco-friendly food packaging market over the coming years.
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What is the projected market size of the eco-friendly food packaging industry, and how is it expected to grow?
The eco-friendly food packaging market size has grown strongly in recent years. It will grow from $252.19 billion in 2024 to $274.21 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to environmental awareness and sustainability goals, government regulations and bans on single-use plastics, increased consumer preference for eco-friendly products, corporate sustainability initiatives, and reduced carbon footprint.
The eco-friendly food packaging market size is expected to see rapid growth in the next few years. It will grow to $408.44 billion in 2029 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to recycling and circular economy efforts, supply chain sustainability, cost savings and efficiency, marketing and brand image enhancement, and e-commerce and home delivery packaging solutions. Major trends in the forecast period include innovations in biodegradable and compostable packaging, smart and active packaging for food safety, collaboration across the food industry value chain, smart and active packaging for food safety, and use of recycled and repurposed materials.
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Who are the key players driving competition in the eco-friendly food packaging market?
Major companies operating in the eco-friendly food packaging market include Amcor plc, Mondi plc, Sealed Air Corporation, Ball Corporation, Tetra Pak International SA, BASF SE, Huhtamaki Oyj, Smurfit Kappa Group, Sonoco Products Co., Pactiv Evergeen Inc., European License Of PURE-PAK, Winpak Ltd., Printpak Holdings Inc, PaperFoam BV, Be Green Packaging, DS Smith plc, DuPont de Nemours & Company, Crown Holdings Inc., Ardagh Group Company, Uflex Limited, Graphic Packaging, Vegware Ltd., LimeLoop, Notpla Ltd., EcoEnclose LLC, Genpak LLC, Biopak Pty Ltd., Stora Enso Oyj, International Paper Company, Novamont S.p.A., NatureWorks LLC, Tetra Laval, Berry Global Inc., Reynolds Group Holdings Limited, BioMass Packaging, Sabert Corporation, World Centric
What key trends are expected to drive the eclinical solutions market during the forecast period?
Technological advancement is a key trend gaining popularity in the eco-friendly food packaging market. Major market players are concentrating their efforts on creating innovative technologies for migrating to environmentally friendly food packaging solutions to reduce environmental impact and keep plastic out of landfills and the ocean. For example, in October 2022, HuhtamäkiOyj, a Finland-based consumer packaging company, launched an innovative, recyclable ice cream packaging solution based on paper-based technology. This packaging solution is constructed of 95% renewable biobased material thanks to a water-based barrier coating and paperboard that has received SFI certification. This innovation helps to reduce packaging costs, waste, and environmental pollution.
Which key geographies are driving the growth of the eco-friendly food packaging market?
North America was the largest region in the eco-friendly food packaging market in 2024. The regions covered in the eco-friendly food packaging market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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What are the key segments driving growth in the eco-friendly food packaging market?
The eco-friendly food packaging market covered in this report is segmented –
1) By Type: Recycled Content Packaging, Reusable Packaging, Degradable Packaging
2) By Material: Paper And Paperboard, Metal, Glass, Plastic, Other Materials
3) By Technique: Active Packaging, Molded Packaging, Multipurpose Packaging, Alternate Fiber Packaging
4) By Application: Food And Beverages, Bakery And Confectionery, Dairy Products, Meat Products, Fruits And Vegetables, Convenience Food, Other Applications
Subsegments:
1) By Recycled Content Packaging: Recycled Paper and Cardboard Packaging, Recycled Plastic Packaging, Recycled Glass Packaging
2) By Reusable Packaging: Reusable Containers, Reusable Bags, Reusable Wraps (e.g., beeswax wraps)
3) By Degradable Packaging: Biodegradable Plastics, Compostable Packaging, Oxo-degradable Packaging
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How is the eco-friendly food packaging market defined, and what are its core characteristics?
Eco-friendly food packaging refers to a process in which food is packaged using materials that are safe for the environment and can be degradable. The materials must be contained to prevent tampering or contamination from physical, chemical, or biological sources; active packaging is the most popular type of packaging used to keep food products safe.
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