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Global Green Packaging Market 2018-2022| Growing Demand for Bio-based Resins Drives Growth| Technavio

October 8, 2018

LONDON--(BUSINESS WIRE)--Oct 8, 2018--The global green packaging market research report by predicts the market to post a CAGR of more than 8% during the period 2018-2022.

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Technavio has published a new market research report on the global green packaging market for the period 2018-2022. (Graphic: Business Wire)

A key driver for the global green packaging market is the growing demand for bio-based resins as the packaging material. Packaging solutions that are manufactured from renewable bio-based resins are assisting businesses in reducing their dependence on fossil fuels. Bio-based resins have no or minimal effects on the environment. This growth in the demand for sustainable packaging material is boosting the green packaging market growth.

This research report also provides an analysis of the most important trends expected to impact the market outlook during the period 2018-2022. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time only:

In this report, Technavio highlights the rising demand for green packaging from emerging countries as one of the key trends in the global green packaging market:

Global green packaging market: Rising demand for green packaging from emerging countries

The major factor contributing to the growth of the green packaging market in emerging countries such as China, India, South Africa, Brazil, Argentina, Thailand, and Mexico is the change in the perception of retailers and consumers about packaging materials as the packaging waste accounts for a major share of the global plastic waste. The rise in the number of landfills with plastic waste is increasing the emission of greenhouse gases, which affects the environment.

“The demand for green packaging solutions will be fueled by the growing demand for sustainable business development in emerging countries. During the forecast period, the economic activities in China and India are expected to grow. Major companies are taking initiatives to promote the sustainable value chain. Such initiatives have led to the focus of packaging companies towards green packaging solutions, which will drive the growth of the global green packaging market during the forecast period,” says a senior analyst at Technavio for research on packaging.

Global green packaging market: Segmentation analysis

This green packaging market analysis report segments the market by product (recyclable products, reusable products, and degradable products), by end-user (food industry, beverage industry, healthcare industry, and personal care industry), and geography (the Americas, APAC, and EMEA).

The food industry held the largest green packaging market share in 2017, accounting for over 55% of the market. This end-user segment is expected to dominate the global market throughout the forecast period.

The Americas led the market in 2017 with approximately 36% of the market share, followed by EMEA and APAC, respectively. The Americas is expected to dominate the market throughout the period 2018-2022.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at .

View source version on businesswire.com:https://www.businesswire.com/news/home/20181008005666/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING PACKAGING ENVIRONMENT

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 10/08/2018 01:01 PM/DISC: 10/08/2018 01:01 PM

http://www.businesswire.com/news/home/20181008005666/en

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