Eco-Friendly Food Packaging Market Size
Estimated at over USD 170 Billion in 2022, Eco-Friendly Food Packaging Market is expected to rise at a CAGR of over 6.5% between 2023 and 2032. Eco-friendly food packaging is driven in great part by growing knowledge of environmental problems such plastic pollution and climate change. Businesses and consumers are looking for sustainable substitutes to lower their influence on the surroundings. Eco-Friendly food packaging is being used in response to government rules and policies meant to lower single-use plastics and support sustainable packaging methods. Rising customer demand for sustainable and eco-friendly goods is driving businesses to provide packaging choices with environmental conscience.
To get key market trends
The market for environmentally friendly food packaging is the industrial segment dedicated to the creation, manufacturing, and distribution of packaging solutions for food products with minimum effect on the earth. Designed to minimize waste, cut carbon footprints, and improve general sustainability while offering safe and efficient packaging for different food products, these Eco-Friendly food packaging solutions The growing emphasis on lowering single-use plastics and the growing customer demand for environmentally friendly packaging solutions define this industry. Businesses and manufacturers are coming up with ideas and using materials and techniques fit for environmental objectives.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Eco-Friendly Food Packaging Market Size in 2022 | USD 170 Billion |
| Forecast Period | 2022 to 2032 |
| Forecast Period 2022 to 2032 CAGR | 6.5% |
| 2032 Value Projection | USD 300 Billion |
| Historical Data for | 2018 - 2022 |
| No. of Pages | 220 |
| Tables, Charts & Figures | 237 |
| Segments covered | Material, product type, end use & region |
| Growth Drivers |
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| Pitfalls & Challenges |
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What are the growth opportunities in this market?
Our inability to create enough environmentally friendly materials right now is one of the toughest challenges we currently face. We can easily get tons of conventional packaging materials like plastic to where they are needed and whip them up. On the other hand, environmentally benign products like bamboo paper or bioplastics aren't produced on the same scope. Finding sufficient of them to satisfy the rising demand for sustainable packaging can therefore be challenging. More corporations and enterprises are beginning to pay attention as more people desire environmentally friendly products. The supply hasn't always kept up with the demand though. Many businesses seeking these products can pressure the limited supply, resulting in shortages or more expensive goods.
COVID-19 Impact
Given the possibility for virus transmission, there were more questions over the safety of sustainable and reused packaging throughout the epidemic. A few companies banned or limited the use of reusable containers, therefore influencing the acceptance of environmentally friendly packaging. Lockdowns, restrictions, and changes in world supply chains impacted the availability of environmentally friendly packaging materials and goods. Transportation and manufacturing delays affected the industry's capacity to satisfy increasing demand.
Eco-Friendly Food Packaging Market Trends
The trend in minimalist design is motivated by the necessity to cut waste and too much packing. Consumers and companies are seeking packaging with less materials and an emphasis on basic purposes without sacrificing product integrity or safety more and more. Minimalist designs give simplicity, efficiency, and utility first priority. In addition to being ecologically friendly, this trend meets the taste of the current customer for simpler and cleaner packaging. Along with cutting waste, it sometimes produces more aesthetically pleasant and visually appealing packaging and helps to lessen manufacturing costs.
Another interesting development in the environmentally friendly food packaging sector are innovative materials. Among sustainable and creative materials are biodegradable choices include plant-based packaging, bioplastics, and even materials taken from unlikely places like algae and mushrooms. These materials provide several benefits like composability and biodegradability in addition to lowering dependency on conventional plastic. Certain times, these ingredients are edible or utilized to improve food product shelf life. Material science innovations are driving this trend as businesses and researchers look for environmentally friendly substitutes that preserve product quality while lowering the impact on the surroundings.
Eco-Friendly Food Packaging Market Analysis
Learn more about the key segments shaping this market
Based on product type industry, the market is divided into bags, containers, boxes and cartons, and bottles and jars. The Bags segment is anticipated to register a market size of over USD 60 billion by 2032.
- Many times, environmentally friendly containers are composed of recyclable or biodegradable materials. Natural fibers like paper or cardboard, plant-based polymers, and bioplastics—also known as biodegradable materials—can all be included here. These materials are selected for their low environmental effect and possible compostability.
- Eco-friendly containers guarantee food quality and safety by means of leak-resistant features, therefore preventing the spill of liquids or sauces from compromising the integrity of the package.
- Often creative, environmentally friendly container designs combine enhanced ventilation to preserve food freshness, stickability, and collapsibility to save storage space.
- Eco-friendly containers are tailored to certain market needs, including takeout and delivery containers for restaurants, biodegradable packaging for fresh produce in grocery shops, or home use food storage containers.
Learn more about the key segments shaping this market
Based on material, the market is segmented into biodegradable, recyclable & compostable. The Biodegradable segment dominated the global market with a CAGR of over 8% in 2022.
- Growing knowledge of environmental problems—especially plastic pollution—and their effects on ecosystems has motivated consumers and companies to look for environmentally friendly packaging substitutes. A way to lower plastic waste and its negative effects on the environment is with biodegradable packaging.
- Policies and rules meant to lower single-use plastics and support sustainable packaging methods have been adopted by several countries and regulatory authorities. These projects make it possible for biodegradable packaging to be adopted in a suitable surroundings.
- One major factor is growing customer demand for sustainable and eco-friendly products particularly ones with biodegradable packaging. Consumers are choosing products more and more depending on how packing materials affect the surroundings.
- The availability and diversity of biodegradable materials have grown, which facilitates companies' search for appropriate solutions for their packaging requirements. Market development is being driven by the spread of biodegradable materials and goods.
Looking for region specific data?
Asia Pacific emerged as the top eco-friendly food packaging market worldwide in 2022 and grew impressingly by over 8%. Growing awareness among local customers on the need of preserving the environment drove this explosion. People are deliberately looking for more sustainable solutions since they understand that conventional packaging materials damage our earth. Many of the Asian-Pacific nations have adopted aggressive policies and laws against too much plastic waste and supporting environmentally friendly packaging. These steps inspire companies to use environmentally friendly materials and methods of packaging. The desire for environmentally friendly packaging options has been stoked even more by the emergence of food delivery companies, particularly in crowded cities. Takeout and delivery packaging needs to be sustainable, user-friendly, and able to preserve the quality of the food over distance.
Eco-Friendly Food Packaging Market Share
Players in the market focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product developments & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. These players also heavily invest in research & development to introduce innovative and technologically advanced solutions in the aerospace & defense cyber security market. Some of the major players operating in the Eco-Friendly food packaging industry are
- Be Green Packaging, Inc.
- Biopak Pty Ltd
- Biomass Packaging
- Eco-Products, Inc.
- Daio Paper construction
- Gascogne Papier
- Glatfelter Corporation
- Genpak LLC
- Green Pack
- Nordic Paper AB
- PacknWood
- Stora Enso Oyj
- Sulapac Ltd
- Vegware Ltd
Eco-Friendly Food Packaging Industry News
- In 2022, ProAmpac, a US-based company engaged in offering creative and sustainable packaging products, acquired Ultimate Packaging Ltd., a UK-based company involved in offering creative solutions, for an undisclosed amount. Through this acquisition, ProAmpac widens its sustainable product portfolio, expands its reach across the U.K., and improves its position in creative food packaging. The company gives its support all over the supply chain with numerous innovative Eco-Friendly packaging products.
Eco-friendly food packaging market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments
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Eco-Friendly Food Packaging Market, By Material
- Biodegradable
- Recyclable
- Compostable
Eco-Friendly Food Packaging Market, By Product Type
- Bags
- Containers
- Boxes and cartons
- Bottles and Jars
- Others
Eco-Friendly Food Packaging Market, By End-User Industry
- Foodservice
- Retail
- Food Processing
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- ANZ
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- MEA
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
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