| What Is The Projected Growth Of The Recyclable Packaging Market?
The recyclable packaging market has experienced robust growth in recent years, with the market size escalating from $31.6 billion in 2024 to an estimated $33.34 billion in 2025 at an annual growth rate of 5.5%. This significant growth in the historical period can be attributed to several factors including increased environmental awareness and sustainability, consumer demand for eco-friendly products, expansion of the circular economy and recycling infrastructure, development of eco-conscious packaging materials, and regulatory standards for recycling and waste reduction. The recyclable packaging market is projected to further increase in the foreseeable future, with an expected growth to $43.65 billion in 2029 at an annual growth rate of 7.0%. The growth in the forecast period will be fueled by customized recyclable packaging solutions for specific products, integration of smart packaging and traceability, sustainable and biodegradable packaging materials, expansion in zero-waste and closed-loop packaging, and adoption of reusable and refillable packaging concepts. Get Your Free Sample of The Global Recyclable Packaging Market Report: What Factors Are Driving The Growth Of The Recyclable Packaging Market? One major growth driver of the recyclable packaging market is the increasing strict regulations for adopting recyclable packaging materials. Governments globally are implementing stringent regulations for the adoption of recyclable packaging materials, aiming to reduce plastic landfill, maintain effective waste management, and promote sustainable business practices. How Is The Recyclable Packaging Market Categorized? The recyclable packaging market report is segmented as follows – 1) By Type Of Packaging: Paper and Cardboard, Bubble Wrap, Void-fill Packing, Pouches and Envelopes You can order your copy of the full report @ Who Are The Major Players In The Recyclable Packaging Market? Major companies operating in the recyclable packaging market include Amcor PLC, Tetra Laval International SA, Ardagh Group SA, Ball Corporation, Elopak AS, DuPont de Nemours Inc., Mondi Plc, Sealed Air Corp, Plastipak Holdings Inc., Uflex Ltd., David S. Smith Plc, Smurfit Kappa Group Plc, WestRock Co., Huhtamaki Group, Berry Global Group Inc., Gerresheimer Group AG, Sonoco Products Company, Crown Cork & Seal Company Inc., International Paper and Power Corp, Stora Enso Oyj, Graphic Packaging Holding Company, Reynolds Group Holdings Ltd., National Amalgamated Packaging Ltd., BWAY Corporation, Silgan Holdings Inc., AptarGroup Inc., Owens-Illinois Inc., Greif Inc., Pratt Holdings Proprietary Ltd., Evergreen Packaging LLC. What Are The Emerging Trends In The Recyclable Packaging Market? Eco-friendly packaging has emerged as a key trend in the recyclable packaging market. Eco-friendly packaging is recyclable, reusable, non-toxic, and constructed from recycled items, thus reducing carbon footprint and promoting green living. What Is The Regional Analysis Of The Recyclable Packaging Market? Western Europe was the largest region in the recyclable packaging market in 2024, with Asia-Pacific expected to be the fastest-growing region during the forecast period. What Is The Scope Of The Recyclable Packaging Market Report? The recyclable packaging market report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities. The recyclable packaging products are used for enclosing or protecting products, reducing carbon footprint, and facilitating easier waste management. Unlock valuable market insights now by purchasing the exclusive report: About The Business Research Company Contact Us: Follow Us On: |
Recyclable Packaging Market to Hit $43.65B by 2029, Driven by Sustainability Trends and Regulatory Compliance
