Home > Packaging > Advanced Packaging > Sustainable Plastic Packaging Market

Sustainable Plastic Packaging Market Share

Report ID: GMI12411
Published Date: Nov 2024
Report Format: PDF

Download Free Sample

Sustainable Plastic Packaging Market Share

The market is highly competitive, with companies vying to differentiate themselves through a blend of strategic initiatives. Material innovation is critical, as manufacturers work on creating packaging solutions that not only meet eco-friendly standards but also offer durability and versatility across various applications. Cost-effectiveness remains a major focus, as businesses aim to provide sustainable options at competitive prices without compromising on quality.

Supply chain agility is equally important, as companies streamline operations to ensure efficient, on-time deliveries and to adapt to fluctuating raw material costs. Sustainability and circularity are key differentiators, with firms investing in materials that support closed-loop systems, such as compostable or bio-based plastics, in response to regulatory pressures and consumer demand for eco-friendly packaging. To succeed in this dynamic market, companies must remain adaptable and responsive, leveraging innovation and strategic partnerships to maintain relevance in a fast-evolving industry landscape.

Sustainable Plastic Packaging Market Companies

Major players operating in the sustainable plastic packaging industry are:

Amcor
Berry Global
CHEP
Constantia Flexibles
Coveris
Greiner Packaging
GWP Group
Huhtamaki
IPL
Logos Pack
Mondi
ORBIS
Pack-Store
Pactiv Evergreen
Placon
ProAmpac
Schaefer Plastics North America
Sealed Air
TIPA

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The sustainable plastic packaging industry was valued at USD 98.8 billion in 2024 and is estimated to grow at a 5.9% CAGR from 2025 to 2034, driven by a focus on biodegradable solutions to reduce environmental impact.

The flexible segment held over 65% market share in 2024 due to increasing demand for lightweight, cost-effective, and eco-friendly packaging solutions.

North America's sustainable plastic packaging market recorded over 25% market share in 2024, driven by growing consumer awareness and regulatory pressures in the U.S.

Key players in the industry include Amcor, Berry Global, CHEP, Constantia Flexibles, Coveris, Greiner Packaging, GWP Group, Huhtamaki, IPL, Logos Pack, Mondi, ORBIS, Pack-Store, and Pactiv Evergreen.