Green Packaging Market is poised to grow substantially till 2025 - PowerPoint PPT Presentation

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Green Packaging Market is poised to grow substantially till 2025

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Request for TOC report @ Green Packaging Market growth is hindered by high production costs associated with manufacturing bioplastic packing materials, creating barriers for smaller and newer companies. Inefficient recycling of overall solid waste produced is a challenge for economies due to insufficient recycling sources, unawareness of waste management systems, and production of highly toxic wastes. Limited awareness related to green and eco-friendly packages in underdeveloped regions will hamper the green packaging market growth. The underdeveloped and remote areas have limited consumer demand, subsequently affecting the production rates and demand for sustainable packages. – PowerPoint PPT presentation

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Title: Green Packaging Market is poised to grow substantially till 2025


1
Green Packaging Market is expected to witness
significant growth to 2025 Global Market
Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Regional Analysis of Green Packaging Market
  • The Asia Pacific green packaging market is
    expected to witness a high development due to the
    presence of the robust manufacturing and
    logistics sector. China, India, and South Korea
    are witnessing a rapid expansion owing to the
    emergence of large consumer base for packed
    ready to eat food products and high government
    focus for sustainable development initiatives.
  • The European countries including Germany and
    France are expected to support several
    opportunities for the market growth owing to
    governmental regulations by the European Union
    for promoting the concept of sustainable
    development. In addition, Horizon 2020, an
    initiative by the European Commission has been
    implemented to promote the usage of new
    biodegradable products, creating a positive
    impact on the market.

3
Application Analysis of Green Packaging Market
  • In the green packaging market, the recycled
    content type is developing rapidly owing to its
    increased demand in the food beverage industry.
    The segment will further boost the increasing
    prominence of the food beverage service sector
    owning to escalating diners, restaurants, and
    cafes. The reusable type is also gaining
    popularity in the green packaging market due to
    the use of durable materials and is designed for
    reusing with extended product life. Returnable
    and reusable containers are used to ship
    transport pharmaceuticals, chemicals, and bulk
    foods. Major reusable types include containers,
    plastic boxes, drums, and wooden pallets,
    supporting the demand for green packs.
  • The food and beverage application in the green
    packaging is developing globally due to the
    adoption of eco-friendly initiatives and usage of
    recyclable materials. Majority of the vendors are
    moving toward greener packing options to support
    these initiatives and comply with government
    regulations. The growing demand for dairy
    products packed in eco-friendly packages will
    drive the green packaging market growth. The
    growing implementation of sustainable packages in
    the healthcare segment is also expected to
    witness steady growth over the forecast timespan.

4
Competitive Market Share of Green Packaging
Market
The green packaging market players include Mondi
Ltd., TetraPak International, Amcor Ltd., Bemis
Company, and DuPont. These companies have adopted
various strategies such as product launches,
joint ventures, collaboration, and investments.
They have also formed strategic partnerships and
direct alliances with other application
industries. For instance, in January 2019,
Samsung Electronics announced the introduction of
its eco-friendly packaging solutions. The company
has planned to minimize pack sizes and replace
traditional materials with environmentally
sustainable materials.
5

Browse Full Market Research Report On Green
Packaging Market _at_ https//bit.ly/32NDzDV
Request for an in-depth table of contents for
this report _at_ https//bit.ly/2M7pT0B
6
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