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Green Packaging Market Share

Report ID: GMI11652
Published Date: Oct 2024
Report Format: PDF

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Green Packaging Market Share

Amcor Limited and Ball Corporation hold a significant share of the green packaging industry. Amcor Limited is a leading global packaging company known for its commitment to sustainability. Amcor has made significant investments in developing and promoting eco-friendly packaging solutions, including recyclable and biodegradable materials. Its focus on innovation and sustainability helps cater to the increasing demand for green packaging, positioning it as a major market leader.

Ball Corporation also plays a crucial role in the green packaging sector, particularly through its production of aluminum packaging. Ball’s emphasis on sustainability is evident in its use of recyclable materials and efforts to minimize environmental impact. The company’s advancements in lightweight and energy-efficient packaging solutions contribute significantly to its substantial market share and influence in the green packaging industry.

Green Packaging Market Companies

Major players operating in the green packaging industry are:

Amcor
Ball Corporation
DuPont
Mondi
Sealed Air
TetraPak
WestRock

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

The global market size for green packaging was valued at USD 287.5 billion in 2023 and is expected to grow at a CAGR of over 5% from 2024 to 2032, driven by rising environmental awareness among consumers.

The green packaging industry from reusable packaging segment is anticipated to register a CAGR of over 10% during the forecast period, driven by its ability to significantly reduce waste and resource consumption.

North America held a significant share of over 25% in the global green packaging industry in 2023, driven by growing environmental consciousness and stringent government regulations promoting sustainable practices.

Key players in the market include Amcor, Ball Corporation, DuPont, Mondi, Sealed Air, TetraPak, and WestRock.