Global Eco-friendly Food Packaging Market

Report ID : 1398 | Published : 2022-10-12 | Pages: | Format: PDF/EXCEL

The market size of the global Eco-friendly Food Packaging market in the year 2021 is valued at 187.75 billion and is predicted to reach 386.06 billion by the year 2030 at an 8.54% CAGR during the forecast period.

Biological agents like bacteria and fungi organically break down eco-friendly items into parts. These products are frequently made of natural materials, including wood, paper, textiles, and food waste; biological processes can break down. For information, identity, presentation, and convenience, eco-friendly packaging entails using naturally degradable materials to safeguard items from manufacturing to consumption. Some of the factors driving the growth of this market include the shift in customer preferences toward recyclable and eco-friendly packaging, tight governmental regulations, and downsizing in the packaging industry. The demand for biodegradable food packaging is expanding thanks to more advanced technology in the packaging industry for creating packaging using non-petroleum goods. The biodegradable food packaging market is also driven by cutting-edge interests like edible and water-soluble packaging.

The demand for convenient meals is likely to rise, and customers' health and wellness knowledge is expected to grow over the projection period. These reasons are projected to drive the market for environmentally friendly food packaging. However, the food and beverage business is a significant contributor to waste plastic, and consumers seek alternatives to single-use plastics to reduce waste. As a result, packaging businesses are increasingly focusing on providing recyclable, recycled, and biodegradable packaging materials, which will enhance customer demand for ecologically friendly food packaging.

Market Segmentation:

The Eco-friendly Food Packaging market is segmented on material, application, type and technique. Based on material, the market is segmented into Paper & Paperboard, Plastic, Metal (Cans, Barrels & Drums, Other Materials), Glass (Jars, Bottles, Tubes And Containers), Other Packaging Materials. Based on the application, the Eco-friendly Food Packaging is segmented into Food (Bakery & Confectionery Products, Convenience Foods, Meat, Fish, And Poultry, Fruits & Vegetables, Dairy Products, Other Food Products), Beverages(Alcoholic Beverages, Non-Alcoholic Beverages). Based on type, the market is segmented into Recycled content packaging, Degradable packaging and Reusable packaging. Based on technique, the market is segmented into Active Packaging, Molded Packaging, Alternate Fiber Packaging and Multipurpose Packaging.

Based on material, the paper & paperboard segment is accounted as a significant contributor to the Eco-friendly Food Packaging market.

The paper & paperboard category dominated the market. The transportation of bulk food and beverage goods and the widespread usage of paper and paperboard in the food service and retail industries are to blame for this. Paper and paperboard are the most popular packaging materials in the food and beverage industry due to their degradability and recyclable qualities. Due to increased environmental concerns, ready-to-eat, on-the-go, frozen, and fresh meals are increasingly offered and delivered in paperboard packaging.

The food segment witnessed growth at a rapid rate.

The food category regarding revenue dominated the market for eco-friendly food packaging worldwide. The food section also includes convenience foods, fruits and vegetables, dairy and meat products, bakery and confectionery, and bakery and confectionery. Because food items like meat, vegetables, fruits, and other perishables must be consumed fresh, eco-friendly packaging is frequently utilized. Additionally, rising consumer preferences for hygiene have facilitated market expansion. In addition, the rising demand for convenience foods and the increasing number of working women are the main drivers of segment revenue growth.

The European Eco-friendly Food Packaging market holds a significant revenue share in the region.

The European Eco-friendly Food Packaging market is expected to register the highest market share in revenue in the near future because the use of single-use plastics, which are detrimental to the environment, is strictly prohibited by government regulations in the European Union. The European Directive established the guidelines for the circular economy and sustainability norms. European businesses are implementing the circular economy goal by utilizing recyclable, recycled, and biodegradable materials. In addition, Asia Pacific is projected to grow rapidly in the global Eco-friendly Food Packaging market due to customers' busy lifestyles; there is an increase in demand for convenience foods such as packed meals or pre-prepared meals (which require less additional preparation by the consumer). China, home to most of the world's manufacturing, is changing its packaging practices and materials to be more environmentally friendly. Due to the substantial amount of goods exported from China, this choice will significantly impact market revenue growth in the area.

Competitive Landscape

Some major key players in the Eco-friendly Food Packaging market are AMCOR, MONDI GROUP, SEALED AIR CORPORATION, BALL CORPORATION, TETRA PAK, CROWN HOLDINGS INC., BASF, HUHTAMAKI OYJ, WESTROCK COMPANY, SMURFIT KAPPA GROUP, SONOCO PRODUCTS COMPANY, EVERGREEN PACKAGING, ELOPAK, WINPAK LTD., BERRY GLOBAL, PRINTPAK INC., PAPERFOAM, SUSTAINABLE PACKAGING INDUSTRIES, GWP GROUP and SWEDBRAND GROUPS.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Eco-friendly Food Packaging Market Snapshot

Chapter 4. Global Eco-friendly Food Packaging Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Investment and Funding Analysis

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: by Materials Type Estimates & Trend Analysis

5.1. by Materials Type & Market Share, 2019 & 2030

5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Materials Type:

5.2.1. Paper & Paperboard

5.2.2. Plastic

5.2.3. Metal

5.2.3.1. Cans

5.2.3.2. Barrels & Drums

5.2.3.3. Other Materials

5.2.4. Glass

5.2.4.1. Jars

5.2.4.2. Bottles

5.2.4.3. Tubes And Containers

5.2.5. Other Packaging Materials

Chapter 6. Market Segmentation 2: by Application Estimates & Trend Analysis

6.1. by Application & Market Share, 2019 & 2030

6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Application:

6.2.1. Food

6.2.1.1. Bakery & Confectionery Products

6.2.1.2. Convenience Foods

6.2.1.3. Meat, Fish, And Poultry

6.2.1.4. Fruits & Vegetables

6.2.1.5. Dairy Products

6.2.1.6. Other Food Products

6.2.2. Beverages

6.2.2.1. Alcoholic Beverages

6.2.2.2. Non-Alcoholic Beverages

Chapter 7. Market Segmentation 3: by Type Estimates & Trend Analysis

7.1. by Type & Market Share, 2019 & 2030

7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Type:

7.2.1. Recycled Content Packaging

7.2.2. Degradable Packaging

7.2.3. Reusable Packaging

Chapter 8. Market Segmentation 4: by Technique Estimates & Trend Analysis

8.1. by Technique & Market Share, 2019 & 2030

8.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Technique:

8.2.1. Active Packaging

8.2.2. Molded Packaging

8.2.3. Alternate Fiber Packaging

8.2.4. Multipurpose Packaging

Chapter 9. Eco-friendly Food Packaging Market Segmentation 5: Regional Estimates & Trend Analysis

9.1. North America

9.1.1. North America Eco-friendly Food Packaging Market Revenue (US$ Million) Estimates and Forecasts by Materials Type, 2022-2030

9.1.2. North America Eco-friendly Food Packaging Market Revenue (US$ Million) Estimates and Forecasts by Application, 2022-2030

9.1.3. North America Eco-friendly Food Packaging Market revenue (US$ Million) by Type, 2022-2030

9.1.4. North America Eco-friendly Food Packaging Market revenue (US$ Million) by Technique, 2022-2030

9.1.5. North America Eco-friendly Food Packaging Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

9.2. Europe

9.2.1. Europe Eco-friendly Food Packaging Market revenue (US$ Million) by Materials Type, 2022-2030

9.2.2. Europe Eco-friendly Food Packaging Market revenue (US$ Million) by Application, 2022-2030

9.2.3. Europe Eco-friendly Food Packaging Market revenue (US$ Million) by Type, 2022-2030

9.2.4. Europe Eco-friendly Food Packaging Market revenue (US$ Million) by Technique, 2022-2030

9.2.5. Europe Eco-friendly Food Packaging Market revenue (US$ Million) by country, 2022-2030

9.3. Asia Pacific

9.3.1. Asia Pacific Eco-friendly Food Packaging Market revenue (US$ Million) by Materials Type, 2022-2030

9.3.2. Asia Pacific Eco-friendly Food Packaging Market revenue (US$ Million) by Application, 2022-2030

9.3.3. Asia-Pacific Eco-friendly Food Packaging Market revenue (US$ Million) by Type, 2022-2030

9.3.4. Asia Pacific Eco-friendly Food Packaging Market revenue (US$ Million) by Technique, 2022-2030

9.3.5. Asia Pacific Eco-friendly Food Packaging Market revenue (US$ Million) by country, 2022-2030

9.4. Latin America

9.4.1. Latin America Eco-friendly Food Packaging Market revenue (US$ Million) by Materials Type, 2022-2030

9.4.2. Latin America Eco-friendly Food Packaging Market revenue (US$ Million) by Application, 2022-2030

9.4.3. Latin America Eco-friendly Food Packaging Market revenue (US$ Million) by Type, 2022-2030

9.4.4. Latin America Eco-friendly Food Packaging Market revenue (US$ Million) by Technique, 2022-2030

9.4.5. Latin America Eco-friendly Food Packaging Market revenue (US$ Million) by country, 2022-2030

9.5. Middle East & Africa

9.5.1. Middle East & Africa Eco-friendly Food Packaging Market revenue (US$ Million) by Materials Type, 2022-2030

9.5.2. Middle East & Africa Eco-friendly Food Packaging Market revenue (US$ Million) by Application, 2022-2030

9.5.3. Middle East & Africa Eco-friendly Food Packaging Market revenue (US$ Million) by Type, 2022-2030

9.5.4. Middle East & Africa Eco-friendly Food Packaging Market revenue (US$ Million) by Technique, 2022-2030

9.5.5. Middle East & Africa Eco-friendly Food Packaging Market revenue (US$ Million) by country, 2022-2030

Chapter 10. Competitive Landscape

10.1. Major Mergers and Acquisitions/Strategic Alliances

10.2. Company Profiles

10.2.1. Amcor

10.2.2. Mondi Group

10.2.3. Sealed Air Corporation

10.2.4. Ball Corporation

10.2.5. Tetra Pak

10.2.6. Crown Holdings Inc.

10.2.7. Basf

10.2.8. Huhtamaki Oyj

10.2.9. Westrock Company

10.2.10. Smurfit Kappa Group

10.2.11. Sonoco Products Company

10.2.12. Evergreen Packaging

10.2.13. Elopak

10.2.14. Winpak Ltd.

10.2.15. Berry Global

10.2.16. Printpak Inc.

10.2.17. Paperfoam

10.2.18. Sustainable Packaging Industries

10.2.19. Gwp Group

10.2.20. Swedbrand Groups

10.2.21. Other Prominent Players

By Material-

  • Paper & Paperboard
  • Plastic
  • Metal
    • Cans
    • Barrels & Drums
    • Other Materials
  • Glass
    • Jars
    • Bottles
    • Tubes And Containers
  • Other Packaging Materials

By Application-

  • Food
    • Bakery & Confectionery Products
    • Convenience Foods
    • Meat, Fish, And Poultry
    • Fruits & Vegetables
    • Dairy Products
    • Other Food Products
  • Beverages
    • Alcoholic Beverages
    • Non-Alcoholic Beverages

By Type-

  • Recycled Content Packaging
  • Degradable Packaging
  • Reusable Packaging

By Technique-

  • Active Packaging
  • Molded Packaging
  • Alternate Fiber Packaging
  • Multipurpose Packaging

By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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