Home > Packaging > Plastic-free Packaging Market

Plastic-free Packaging Market Share

  • Report ID: GMI11074
  • Published Date: Aug 2024
  • Report Format: PDF

Plastic-free Packaging Market Share

Amcor PLC and Mondi have a significant share of the market. Amcor PLC holds a significant share in the plastic-free packaging industry due to its strong commitment to innovation and sustainability. As a global leader in packaging solutions, Amcor has made substantial investments in R&D to create high-performance, sustainable packaging alternatives. The company’s wide range of plastic-free products, including paper-based and recyclable packaging solutions, cater to various industries such as food & beverage, healthcare, and consumer goods. Amcor’s strategic focus on sustainability, combined with its extensive global reach and partnerships with major brands, has positioned it as a key player in the market. Furthermore, Amcor's pledge to make all its packaging recyclable or reusable by 2025 underscores its dedication to driving the market toward more sustainable practices, reinforcing its leadership position.
 

Mondi holds a prominent position in the global market, driven by its integrated approach to sustainability and innovation in packaging materials. As a leading global packaging and paper company, Mondi has developed a diverse portfolio of sustainable packaging solutions, including paper-based alternatives and fully recyclable products that meet the growing demand for plastic-free options. Mondi’s focus on the entire lifecycle of packaging—from responsible sourcing of raw materials to designing for recyclability—has resonated with environment-conscious consumers and businesses alike. The company’s commitment to sustainability is further evidenced by its participation in industry initiatives aimed at reducing plastic wastage and promoting a circular economy. Mondi’s ability to provide customized, sustainable packaging solutions across various sectors, coupled with its strong market presence, has solidified its significant share in the market.
 

Plastic-free Packaging Market Companies

Major players operating in the industry are:

  • Amcor PLC
  • Mondi
  • Sealed Air Corporation
  • WestRock Company
  • Huhtamaki OYJ
  • Smurfit Kappa
  • Tetra Pak International S.A.
Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size for plastic-free packaging was valued at USD 8.2 billion in 2023 and is expected to record over 4% CAGR between 2024 and 2032, driven by global awareness regarding environmental issues.

The paper segment of the plastic-free packaging market is expected to register a 5% CAGR through 2032, due to its versatility, sustainability, and ease of recycling.

North America market accounted for a share of over 30% in 2023 and will grow rapidly through 2032, driven by increasing consumer awareness and pressure from environmental groups.

Amcor PLC, Mondi, Sealed Air Corporation, WestRock Company, Huhtamaki OYJ, Smurfit Kappa, Tetra Pak International S.A. among others.

Plastic-free Packaging Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 25
  • Tables & Figures: 218
  • Countries covered: 23
  • Pages: 210
 Download Free Sample