Recyclable Packaging Market Size is valued at USD 29.91 Bn in 2024 and is predicted to reach USD 45.65 Bn by the year 2034 at a 4.4% CAGR during the forecast period for 2025-2034.
Recyclable packaging contains and protects products while they are transported, stored, and sold. It can be made from various recyclable materials, including glass, corrugated cardboard, cardboard, metal, and paper. A product's environmental impact can be mitigated in some ways by opting for recyclable packaging, such as through the conservation of raw materials, the decrease in energy used during production, and the decrease in greenhouse gas emissions. In addition, the food and beverage sector's rising need for biodegradable packaging is anticipated to fuel market expansion. Manufacturers in the food and beverage industries are increasingly switching to recyclable and reusable packaging to meet federal waste reduction requirements.
The growing trend among food and drink producers to use environmentally friendly materials for packaging contributes to a more favourable public perception of these companies' products. As a result, demand for recyclable packaging is expected to rise. In addition, key players increased focus on new product development and strategic collaborations led to the growth of the global recyclable packaging market. It drives expansion globally and is expected to boost market expansion in the coming years.
However, the widespread availability of low-cost options for environmentally friendly packaging slows the recyclable market. The global recyclable packaging supply chain was severely impacted by the COVID-19 epidemic, which profoundly impacted people's and businesses 'daily routines. As the COVID-19 pandemic progressed, many businesses abandoned the sustainability goal of prohibiting plastic. Because of concerns that the virus could be transmitted through cardboard and plastic, many grocery stores have begun using disposable materials, such as cling film, to protect their produce from contamination. Furthermore, increasing R&D activities and investments by prominent players are expected to create lucrative growth opportunities in revenue for players operating in the global Recyclable Packaging market over the forecast period.
The recyclable packaging market is segmented into material type, packaging and end-use. Based on the material type, the market is segmented into glass, paper, plastic, tinplate, wood, aluminium, biodegradable plastics, and Recycled paper. By packaging, the market is segmented into paper & cardboard, bubble wrap, void fill packing, and pouches & envelopes. By end-use segment, the market is segmented into food & beverage, pharmaceutical, personal care, logistics, and others.
The paper industry recyclable packaging category is expected to hold a maximum global market share in 2022. Because of long-standing systems and practices for recycling, paper-based packaging has the best recycling rate of any packaging material. The paper fibres become too weak for further recycling after seven passes. Paper packaging is a rapidly expanding market because it provides consumers with space-saving, aesthetically pleasing, and user-friendly storage options.
The beverage segment is projected to grow rapidly in the global Recyclable Packaging market because Customers can purchase a wide variety of drinks, from water to alcoholic beverages, and each has unique packaging needs. Glass, aluminium cans, recyclable plastic bottles, and novel paper-based water boxes are just some of the recyclable packaging options available for beverages, all of which contribute to the expansion of this market, especially in countries like the US, Germany, the U.K., China, and India.
The European recyclable packaging market is expected to record the maximum market share in revenue in the near future. This can be attributed to stringent regulations supporting green and sustainable packaging. The expansion of the food industry's use of environmentally friendly packaging is another factor that will drive the expansion of the market in this area. In addition, the presence of key market competitors and improvements in recyclable packaging technology fuel expansion in the region's industries. In addition, North America is projected to grow rapidly in the global Recyclable Packaging market, boosted by increasing population, and ecologically responsible product packaging has been expanding rapidly in recent years. The region will expand thanks to rising demand for fast-moving consumer items and customers' desire for environmentally friendly packaging.
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Report Attribute |
Specifications |
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Market Size Value In 2024 |
USD 29.91 Bn |
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Revenue Forecast In 2034 |
USD 45.65 Bn |
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Growth Rate CAGR |
CAGR of 4.4% from 2025 to 2034 |
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Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Material Type, Packaging, End-Use |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South Korea; South East Asia |
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Competitive Landscape |
Amcor Plc, 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, Swedbrand Groups, 3M, Graham Packaging Company, Lacerta Group, Inc., Ebro Color GmbH, Salazar Packaging, Inc, Others |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Recyclable Packaging Market Snapshot
Chapter 4. Global Recyclable 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. End-Use 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 Material Type Estimates & Trend Analysis
5.1. By Material Type, & Market Share, 2024 & 2034
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021-2034 for the following By Material Type:
5.2.1. Glass
5.2.2. Paper
5.2.3. Plastic
5.2.4. Tinplate
5.2.5. Wood
5.2.6. Aluminum
5.2.7. Biodegradable Plastics
5.2.8. Recycled Papers
Chapter 6. Market Segmentation 2: By Packaging Type Estimates & Trend Analysis
6.1. By Packaging Type & Market Share, 2024 & 2034
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021-2034 for the following By Packaging Type:
6.2.1. Paper & Cardboard
6.2.2. Bubble Wrap
6.2.3. Void Fill Packing
6.2.4. Pouches & Envelopes
Chapter 7. Market Segmentation 3: By End-Use Estimates & Trend Analysis
7.1. By End-Use & Market Share, 2024 & 2034
7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021-2034 for the following By End-Use:
7.2.1. Food & Beverage (F&B)
7.2.2. Pharmaceutical
7.2.3. Personal Care
7.2.4. Logistics
7.2.5. Others
Chapter 8. Recyclable Packaging Market Segmentation 4: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Recyclable Packaging Market revenue (US$ Million) estimates and forecasts By Material Type, 2021-2034
8.1.2. North America Recyclable Packaging Market revenue (US$ Million) estimates and forecasts By Packaging Type, 2021-2034
8.1.3. North America Recyclable Packaging Market revenue (US$ Million) estimates and forecasts By End-Use, 2021-2034
8.1.4. North America Recyclable Packaging Market revenue (US$ Million) estimates and forecasts by country, 2021-2034
8.2. Europe
8.2.1. Europe Recyclable Packaging Market revenue (US$ Million) By Material Type, 2021-2034
8.2.2. Europe Recyclable Packaging Market revenue (US$ Million) By Packaging Type, 2021-2034
8.2.3. Europe Recyclable Packaging Market revenue (US$ Million) By End-Use, 2021-2034
8.2.4. Europe Recyclable Packaging Market revenue (US$ Million) by country, 2021-2034
8.3. Asia Pacific
8.3.1. Asia Pacific Recyclable Packaging Market revenue (US$ Million) By Material Type, 2021-2034
8.3.2. Asia Pacific Recyclable Packaging Market revenue (US$ Million) By Packaging Type, 2021-2034
8.3.3. Asia Pacific Recyclable Packaging Market revenue (US$ Million) By End-Use, 2021-2034
8.3.4. Asia Pacific Recyclable Packaging Market revenue (US$ Million) by country, 2021-2034
8.4. Latin America
8.4.1. Latin America Recyclable Packaging Market revenue (US$ Million) By Material Type, (US$ Million) 2021-2034
8.4.2. Latin America Recyclable Packaging Market revenue (US$ Million) By Packaging Type, (US$ Million) 2021-2034
8.4.3. Latin America Recyclable Packaging Market revenue (US$ Million) By End-Use, (US$ Million) 2021-2034
8.4.4. Latin America Recyclable Packaging Market revenue (US$ Million) by country, 2021-2034
8.5. Middle East & Africa
8.5.1. Middle East & Africa Recyclable Packaging Market revenue (US$ Million) By Material Type, (US$ Million) 2021-2034
8.5.2. Middle East & Africa Recyclable Packaging Market revenue (US$ Million) By Packaging Type, (US$ Million) 2021-2034
8.5.3. Middle East & Africa Recyclable Packaging Market revenue (US$ Million) By End-Use, (US$ Million) 2021-2034
8.5.4. Middle East & Africa Recyclable Packaging Market revenue (US$ Million) by country, 2021-2034
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. Amcor Plc.
9.2.2. Mondi Group
9.2.3. Sealed Air Corporation
9.2.4. Ball Corporation
9.2.5. Tetra Pak
9.2.6. Crown Holdings Inc.
9.2.7. BASF
9.2.8. Huhtamaki Oyj
9.2.9. Westrock Company
9.2.10. Smurfit Kappa Group
9.2.11. Sonoco Products Company
9.2.12. Evergreen Packaging
9.2.13. ELOPAK
9.2.14. WINPAK Ltd.
9.2.15. Berry Global
9.2.16. Printpak Inc.
9.2.17. Paperfoam
9.2.18. Sustainable Packaging Industries
9.2.19. GWP Group
9.2.20. Swedbrand Groups
9.2.21. 3M
9.2.22. Graham Packaging Company,
9.2.23. Lacerta Group, Inc.,
9.2.24. Ebro Color GmbH,
9.2.25. Salazar Packaging, Inc,
9.2.26. Others
Recyclable Packaging Market By Material Type -
Recyclable Packaging Market By packaging -
Recyclable Packaging Market By End-Use
Recyclable Packaging Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & 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:
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:
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.
