The Report Covers Sustainable Packaging Industry Trends and Companies. The Sustainable Packaging Market is Segmented by Process (Reusable Packaging, Degradable Packaging, and Recycled Packaging), Material Type (Glass, Plastic, Metal, and Paper), End User (Pharmaceutical and Healthcare, Cosmetics and Personal Care, Food and Beverage, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for the Above Segments.

The sustainable packaging market size is projected to grow from $9.67 billion in 2024 to $19.19 billion by 2035, representing a CAGR of 6.43%, during the forecast period till 2035.

The sustainable packaging market is projected to achieve a value of US$ 285.3 billion in 2024. The demand for sustainable packaging solutions is likely to increase at a robust CAGR of 5.8% over the forecast period. Looking ahead, the market is anticipated to sustain this growth trajectory and surpass US$ 490.5 billion by 2034, representing a significant opportunity for businesses in the packaging industry.

Report Attribute	Details
Sustainable Packaging Market Size (2024)	US$ 285.3 billion
Anticipated Market Value (2034)	US$ 490.5 billion
Projected Growth Rate (2024 to 2034)	5.8% CAGR

Historical Analysis of the Sustainable Packaging Market Vs Demand Outlook

Attributes	Details
Sustainable Packaging Market Value (2019)	US$ 229.6 billion
Historical Market Revenue (2023)	US$ 268.6 billion
HCAGR (2019 to 2023)	4%

Country-wise Insights

Countries	CAGR (2024 to 2034)
United States	4.1%
Germany	4%
United Kingdom	5.4%
India	7.6%
China	7.1%

Category-wise Insights

Attributes	Details
Top Material Type	Paper and Paperboard
Market Segment Share in 2024	38.2%

Attributes	Details
Top Packaging Type	Bags
Market Segment Share in 2024	25.4%

Sustainable Packaging Market Report Scope

Attribute	Details
Estimated Market Size (2024)	US$ 285.3 billion
Projected Market Size (2034)	US$ 490.5 billion
Anticipated Growth Rate (2024 to 2034)	5.8%
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
Market Analysis	US$ million or billion for Value and Units for Volume
Key Regions Covered	North America, Latin America, Europe, Middle East & Africa (MEA), East Asia, South Asia and Oceania
Key Segments Covered	By Material Type, By Packaging Type, By Distribution Channel, By End Use Verticals, and By Region
Key Companies Profiled	Amcor Plc Stora Enso Oyj. Berry Global Inc. Huhtamaki Oyj. WestRock LLC DS Smith Plc The Mondi Group plc International Paper Company Detmold Group Sealed Air Corporation Dart Container Corporation Duni AB Vegware Ltd. Pactiv LLC RKW Group Novolex Holdings, Inc.
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

The global sustainable packaging market was valued at 276 billion U.S. dollars in 2023. In 2024, the global packaging market value amounted to 1.24 trillion U.S. dollars. The sustainable packaging market value is forecast to reach nearly 500 billion U.S. dollars by 2032, as the industry evolves and integrates innovations. Sustainable packaging materials Sustainable packaging, sometimes referred to as green packaging, consists of a range of materials, including bio-based plastics, metal, and glass. These materials can be more easily broken down and recycled, improving environmental conditions and enabling national and international climate goals to be met. Future outlook for sustainability in the packaging industry In a global survey carried out in 2023, consumer perceptions on the environmental sustainability of packaging ranked compostable packaging as the number one quality that a sustainable packaging product should have. There is considerable pressure on packaging industries, such as the plastic packaging industry, to improve environmental credentials. For instance, in 2021, only 40.3 percent of plastic packaging waste in the European Union was recycled, with the remainder going to landfill or being incinerated.

According to Cognitive Market Research, the global Sustainable Packaging Market size will be USD 306200 million in 2025. It will expand at a compound annual growth rate (CAGR) of 7.90% from 2025 to 2033.

North America held the major market share for more than 40% of the global revenue with a market size of USD 122480.00 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.1% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 91860.00 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 70426.00 million in 2025 and will grow at a compound annual growth rate (CAGR) of 9.9% from 2025 to 2033.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 15310.00 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2025 to 2033.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 6124.00 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.6 % from 2025 to 2033.
The Paper & Paperboard category led the Sustainable Packaging Market.

Market Dynamics of Sustainable Packaging Market

Key Drivers for Sustainable Packaging Market

Rising Demand for Biodegradable and Compostable Packaging to Boost Market Growth

Growing consumer awareness of environmental issues is driving up demand for compostable and eco-friendly packaging options. Because they divert a significant amount of plastic waste from landfills and waterways, compostable packaging options are crucial. Additionally, it lowers organics' greenhouse gas emissions. From eco-friendly and biodegradable packaging options to renewable materials, businesses are searching for methods to reduce their carbon footprint and meet the growing demand for sustainable product packaging. Such factors are regarded as the significant global drivers for Sustainable Packaging market growth. In addition, the increased demand for biodegradable packaging solutions also propels market growth. Such packing lowers the carbon emissions and environmental pollutants. Because they are made from renewable resources and are thought to be more sustainable, biodegradable packaging materials are in high demand and are propelling the industry forward.

Increased Utilization of Recycled Plastic Packaging to Drive Market Growth

Manufacturers and customers now demand more packaging made of recycled plastic. Since recycled plastic packaging is better for the environment than conventional plastic packaging, it is imperative. Because it can be reused for various packaging products, it has a far lower carbon footprint than producing new plastic. Because the material is so resistant to heat and chemicals, it is also becoming increasingly popular in the food and beverage industries. This makes it a great option for food storage and for use in freezers, refrigerators, and microwaves. Furthermore, compared to conventional plastic packaging, these materials are more economical and environmentally friendly due to their reduced production costs.

Restraint Factor for the Sustainable Packaging Market

High prices and a shortage of raw materials, will Limit Market Growth

The supply chain is hampered by the inconsistent and limited availability of Sustainable Packaging materials, which further limits market expansion. Due to the restricted supply of raw materials, manufacturers find it challenging to manage their production schedules and satisfy consumer expectations drives up costs. Additionally, it limits manufacturers' ability to be creative and flexible when constructing their packaging products. Furthermore, many businesses, particularly small ones, may find it costly to convert from conventional to environmentally friendly packaging. Therefore, the high price of environmentally friendly packaging could impede market expansion. Furthermore, certain packaging types might not meet the standards or specifications of particular end-use industries, which could impede the expansion of the market.

Market Trends in Sustainable Packaging Market

Growing consumer and company awareness of environmental issues

Growing consumer and company awareness of environmental issues is one of the main drivers of the Sustainable Packaging market's expansion. Businesses are concentrating ...

The India green packaging market size was valued at USD 11.93 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 21.06 Million by 2033, exhibiting a CAGR of 6.19% from 2025-2033. The India green packaging market share is expanding, driven by the growing implementation of government policies that encourage companies to adopt eco-friendly packaging solutions for better management of waste, along with the increasing consumption of beverages, which is creating the need for sustainable packaging, with brands adopting recyclable bottles, paper cartons, and biodegradable alternatives.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 11.93 Million
Market Forecast in 2033	USD 21.06 Million
Market Growth Rate (2025-2033)	6.19%

IMARC Group provides an analysis of the key trends in each segment of the India green packaging market, along with forecasts at the country and regional levels from 2025-2033. The market has been categorized based on packaging type and end use industry.

The increasing demand for eco-friendly, non-polluting packaging solutions across industries in food and beverage, healthcare, personal care, and e-commerce has led to rapid growth in the sustainable packaging market. It is estimated that the market will have a compound annual growth rate of 5.8% to reach USD 530,45 billion by 2035.

Attribute	Details
Projected Value by 2035	USD 530,45 billion
CAGR during the period 2025 to 2035	5.8%

Global Market Share & Industry Share (%)

Category	Market Share (%)
Top 3 Players (Amcor Plc, Ball Corporation, Tetra Pak)	18%
Rest of Top 5 Players	07%
Next 5 of Top 10 Players	13%

Type of Player	Market Share (%)
Top 10 Players	38%
Next 20 Players	25%
Remaining Players	37%

In 2023, the global sustainable plastic packaging market value amounted to 96.55 billion U.S. dollars. The market is forecast to experience significant growth, reaching a value of nearly 160 billion U.S. dollars by 2032, growing by a CAGR of 5.6 percent from 2024.

Global Sustainable Pharmaceutical Packaging Market Size and Forecast

Global Sustainable Pharmaceutical Packaging Market size was valued at USD 79.52 Billion in 2024 and is projected to reach USD 243.76 Billion by 2031, growing at a CAGR of 15.03% from 2024 to 2031.

Global Sustainable Pharmaceutical Packaging Market Drivers

Regulatory Pressure and Environmental Legislation: Increasing regulations and environmental laws are pushing the pharmaceutical business to adopt sustainable packaging alternatives. Governments and regulatory organizations are enforcing stricter waste management, recycling, and single-use plastics regulations, driving businesses to adopt environmentally friendly packaging methods.

Consumer Demand for Eco-Friendly Products: Consumers increasingly demand eco-friendly items and practices. Consumers are becoming more conscious of environmental issues and want sustainable packaging from pharmaceutical businesses. This shift in consumer behavior is driving companies to embrace greener packaging solutions in order to meet market expectations and increase brand loyalty.

Corporate Sustainability Goals: Many pharmaceutical corporations have set lofty sustainability goals as part of their corporate social responsibility (CSR) programs. To meet these objectives, businesses are investing in sustainable packaging solutions that lower their environmental footprint and are consistent with their overall sustainability policies.

Sustainable Plastic Packaging Market Size And Forecast

Sustainable Plastic Packaging Market size was valued at USD 225.98 Million in 2023 and is projected to reach USD 391.54 Million by 2030, growing at a CAGR of 8.3% during the forecast period 2024-2030.

Global Sustainable Plastic Packaging Market Drivers

The market drivers for the Sustainable Plastic Packaging Market can be influenced by various factors. These may include:

Environmental Concerns: Demand for sustainable alternatives is being driven by growing awareness of the detrimental effects of traditional plastic packaging on the environment, including pollution, marine litter, and greenhouse gas emissions.
Governmental Directives: Companies are adopting eco-friendly packaging materials and methods as a result of strict rules and policies that aim to reduce plastic waste and promote sustainable packaging solutions.
Customer Demand: Businesses are investing in sustainable plastic packaging solutions due to consumers’ growing demand for items packed in eco-friendly materials and their willingness to pay more for such options.
Corporate environmental Initiatives: A lot of businesses are committing to and achieving a number of lofty environmental goals, such as cutting back on plastic waste and using more recycled and biodegradable materials in packaging.
Initiatives for a Circular Economy: The adoption of sustainable plastic packaging solutions is being propelled by the move towards a circular economy, which seeks to reduce waste and optimize the reuse, recycling, and recovery of resources.
Technological Developments: New and better sustainable plastic packaging choices are being made possible by technological advancements in material science, biodegradable polymers, and recycling technologies.
Cost Competitiveness: Sustainable plastic packaging solutions are become more and more cost-competitive with traditional plastic packaging as economies of scale are realized and the cost of sustainable packaging materials keeps falling.
Marketing Opportunities and Brand Reputation: Businesses are realizing how crucial sustainability is to building consumer loyalty and brand reputation. Using sustainable plastic packaging can help firms stand out in the marketplace and present marketing opportunities.

The Report Covers Global Sustainable Foodservice Packaging Market Manufacturers and It is Segmented by Product Type (Corrugated Boxes and Cartons, Trays, Plates, Food Containers and Bowl, Clamshells, and Other Product Types), End Users (Quick-Service Restaurants, Full-Service Restaurants, Institutional, Hospitality, and Other End Users), and Geography. The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

The sustainable plastic packaging market is evaluated to be valued at US$ 106.4 billion in 2024. During the period from 2024 to 2034, the market is expected to progress at a moderate pace, registering a CAGR of 5.9%. By 2034, the sustainable plastic packaging industry is forecasted to surpass a valuation of US$ 189.0 billion.

Attributes	Details
Estimated Sustainable Plastic Packaging Market Value in 2024	US$ 106.4 billion
Forecasted Market Value by 2034	US$ 189.0 billion
Projected Value-based CAGR of the Market from 2024 to 2034	5.9%

Category-wise Outlook

Attributes	Details
Top Type	Rigid
Forecasted CAGR (2024 to 2034)	5.6%

Attributes	Details
Top Packaging	Primary Packaging
Forecasted CAGR (2024 to 2034)	5.5%

Country-Wise Analysis

Countries	Forecasted CAGR (2024 to 2034)
United States	6.1%
United Kingdom	6.2%
China	6.6%
Japan	6.9%
South Korea	7.4%

The global plastic packaging market is poised for significant growth, with projections indicating it will reach nearly 637 billion U.S. dollars by 2034. This expansion represents a compound annual growth rate of 4.4 percent from 2025 to 2034, highlighting the continued importance of plastic packaging in various industries worldwide. Market trends and key players As the plastic packaging sector expands, industry leaders such as Amcor, Sealed Air, and Berry Global are expected to play crucial roles in shaping the market. The polypropylene (PP) packaging films segment, a key component of the overall market, is forecast to grow from 29 billion U.S. dollars in 2024 to over 52 billion U.S. dollars by 2034. Countries like the United Kingdom, United States, China, and India are anticipated to emerge as leading producers of PP packaging films. Sustainability efforts and alternatives Despite the growth in plastic packaging, there is an increasing focus on sustainability within the industry. Major plastic packaging companies are making strides in producing more environmentally friendly packaging options. For instance, Nestlé reported that 63 percent of their plastic packaging weight was reusable, recyclable, or compostable in 2023, while Danone achieved 74 percent in the same year. Additionally, the market for biodegradable plastics is expanding rapidly, with forecasts suggesting it will grow from nearly six billion U.S. dollars in 2023 to over 18 billion U.S. dollars by 2032, demonstrating a growing demand for more sustainable packaging solutions.

The packaging market size is projected to grow from $1.21 trillion in 2024 to $1.8 trillion by 2035, representing a CAGR of 3.7% during the forecast period 2024-2035

This statistic shows the compound annual growth rate (CAGR) of green packaging market worldwide between 2016-2021, by product type. According to the report, the global reusable packaging market is expected to grow by about 10 percent between 2016 and 2021.

The Report Covers Sustainable E-Commerce Packaging Companies. The Market is Segmented by Material Type (Plastic, Paper, and Paper Board Metals), End User (Fashion and Apparel, Consumer Electronics, Food and Beverage, Pharmaceuticals, Personal Care, and Other End Users), and Geography (North America (United States and Canada), Europe (United Kingdom, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), Middle East and Africa (United Arab Emirates, Saudi Arabia, South Africa, and Rest of Middle East and Africa). The Report Offers Market Sizes and Forecasts in Value (USD) for all the Above Segments.

Green Packaging Market size and share are expected to exceed USD 564.72 Billion by 2032, with a compound annual growth rate (CAGR) of 6.30% during the forecast period

The size of the Sustainable Packaging Market was valued at USD 3913.11 Million in 2023 and is projected to reach USD 7772.32 Million by 2032, with an expected CAGR of 10.30% during the forecast period. A more environmentally friendly way to package than traditional packaging has driven the sustainability packaging market growing fast. Today, companies as well as their customers are going for sustainable materials with less generation of waste by promoting recyclable and biodegradable materials; there is reduction of carbon footprints. Other big users of these solutions include consumer goods and especially food and beverage industries. Key drivers in the market include regulatory pressures, consumer demand for eco-friendly products, and advances in packaging technologies. Despite increasing production costs and more complicated supply chains, a moving trend toward sustainability in packaging is supposed to continue growing. Recent developments include: In June 2022, Carlsberg Group, a leading brewery, announced the development of a new fiber bottle using plant-based PEF polymer liner and Sustainable Packaging Market. Similarly to Mondi that is the global leader in sustainable packaging, EcoVantage Paper made from recycled fibers is offered by it. The paper has high strength yet printable and attractive appearance. Therefore, market statistics are fueled by the increasing usage of recyclable materials and eco-friendly products.In August 2023, Leading packaging manufacturer Sonoco Products Company announced the availability of two new sustainable packaging solutions with EnviroFlex Paper Pre-Qualifications specifically designed for the How2RecycleR Labeling range.In December 2022, BASF & StePac collaborated and introduced a novel shelf-life extension sustainable packaging solution for fresh produce. This will help maintain some balance between generating as much ecologically friendly plastic packaging as possible and keeping fresh produce longer.In October 2022, Berry Global unveiled its bespoke 14-litre HDPE reusable container as part of a novel refill solution company taking a central role in Refill Coalition's newly developed refill packaging solution.In June 2022, Ball Corporation released an aluminum aerosol can, which is most sustainable since it only leaves half the carbon footprint of any conventional can for expanded use among consumers. The launch will enable the company to fulfill its ambition of achieving science-based targets by 2030 and net zero emissions before 2050.. Potential restraints include: .1 FLUCTUATING RAW MATERIAL PRICES 36, .2 STRINGENT NORMS REGARDING PLASTIC PACKAGING 37; RESTRAINT IMPACT ANALYSIS, 37; OPPORTUNITY 38; .1 SCOPE IN DEVELOPING COUNTRIES 38. Notable trends are: Rising consumer awareness of the risks associated with using plastic materials for packaging to propel the market growth.

According to Cognitive Market Research, The Global Paper packaging market size is USD 385.5 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 5.0% from 2023 to 2030.

The demand for paper packaging is rising due to the numerous strategies adopted by key participants.
Demand for secondary packaging remains higher in the paper packaging market.
The food packaging category held the highest paper packaging market revenue share in 2023.
Asia Pacific paper packaging will continue to lead, whereas the European paper packaging market will experience the most substantial growth until 2030.

Increasing Demand for Sustainable & Eco-Friendly Packaging Solutions to Provide Viable Market Output

Consumers are becoming aware of environmental impact of packaging materials, like plastic, and are looking for alternatives that are biodegradable, recyclable, and made from renewable resources. Paper packaging fits these criteria, as it is lightweight, biodegradable, and easily recycled. This has led to a shift towards paper packaging, making it an essential component of sustainable packaging solutions.

For instance, in 2019, BillerudKorsnäs launched a new paper-based packaging material called Pure Performance, which offers high strength and durability for heavy-duty packaging applications.

(Source: packagingsouthasia.com/type-of-packaging/corrugation/billerudkorsnas-performance/)

E-Commerce and Online Retail Stores to Propel Market Growth

With rise of e-commerce and online retailing, there is a greater need for packaging that can protect products during shipping and handling. Corrugated boxes, paper bags, and other paper packaging products are lightweight and can be customized to meet specific product needs, making them a popular choice for e-commerce packaging. Additionally, e-commerce companies are often looking for cost-effective packaging solutions, and paper packaging can provide a cost-effective option.

For instance, in 2019, Mondi launched a new range of paper-based packaging products for the e-commerce industry, including a fully recyclable and biodegradable mailer bag.

(Source: www.mondigroup.com/news-and-insight/2023/uk-food-market-first-as-mondi-launches-new-recyclable-paper-based-packaging-with-veetee/)

Market Dynamics of the Paper Packaging

Competition from Other Materials and Fluctuations in Raw Material Prices to Restrict Market Growth

While the paper packaging market has significant potential for growth, there are some key restraints that could limit its expansion. One of the primary challenges is competition from other materials that offer similar benefits, such as bioplastics and other bio-based materials. These materials are constantly being developed and improved, which could limit future paper packaging growth. In addition, fluctuations in raw material prices can impact the cost-effectiveness of paper packaging solutions and make them less competitive than other packaging materials. Recycling challenges can also limit the effectiveness of paper packaging as a sustainable and environmentally friendly packaging solution, as contaminated paper may not be suitable for recycling. Finally, technological limitations may also pose a challenge, as some product-specific packaging needs may require materials with specific properties that cannot be easily achieved with paper packaging. Despite these restraints, the growing demand for sustainable and eco-friendly packaging solutions is expected to continue driving growth in the paper packaging industry.

Impact of COVID–19 on the Paper Packaging Market

The COVID-19 pandemic has had a major impact on the paper packaging market, both in the short and long term. With consumers becoming more cautious about hygiene and safety, there has been a surge in demand for packaged goods, particularly in food and healthcare sectors. This has led to increased demand for paper packaging products, like corrugated boxes, paper bags, and cartons. At the same time, disruptions to global supply chains caused by the pandemic have led to raw material shortages and price fluctuations, which have affected the paper packaging industry. The closure of manufacturing plants, transportation restrictions and reduced workforce capacity have also impacted the production and distribution of paper packaging products. However, the pandemic has also highlighted the importance of...

The Sustainable Plastic Packaging Market is projected to grow at 10.6% CAGR, reaching $187.19 Billion by 2029. Where is the industry heading next? Get the sample report now!