Product Code: CMI6859
The recyclable packaging market is estimated to be valued at USD 30.53 Bn in 2024 and is expected to reach USD 41.27 Bn by 2031, growing at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 30.53 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
4.40% |
2031 Value Projection: |
US$ 41.27 Bn |
Figure 1. Recyclable Packaging Market Share (%), By Region, 2024
The recyclable packaging market has witnessed significant growth in the past few years owing to increasing government regulations regarding waste management and growing environmental concerns among consumers. Rising awareness about the benefits of sustainable materials in packaging such as reduced carbon footprint, reusable and recyclable materials are encouraging packaging manufacturers to adopt recyclable packaging solutions. Moreover, strict laws prohibiting the use of single-use plastics in many countries have boosted the demand for sustainable alternatives made from recycled content. Various companies are focusing on the development of innovative packaging solutions made from recycled plastic, paper, and glass to appeal environmentally conscious customers. The growing e-commerce sector which is reliant on packaging has also created opportunities for recyclable materials in secondary packaging applications.
Market Dynamics:
The global recyclable packaging market is driven by stringent government norms against single-use plastics and policies encouraging the use of recycled content in packaging. Growing emphasis on circular economy models and adoption of sustainable business practices across industry verticals are creating lucrative market growth opportunities. However, high costs associated with the research & development of recyclable materials compared to conventional plastics and lack of harmonized global standards continue to remain major challenges. On the positive side, collaborative efforts of packaging manufacturers, brands, and recycling firms to enhance collection and sorting infrastructure is expected to create new avenues. Moreover, technological advancements in recycling methods for complex packaging structures would aid in overcoming challenges around recyclability.
Key Features of the Study:
- This report provides an in-depth analysis of the global recyclable packaging market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global recyclable packaging market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Amcor, Tetra Laval, Ardagh Group SA, Ball Corporation, Elopak AS, Emerald Packaging, PlastiPak Holdings Inc., Sealed Air Corporation, Uflex Limited, WestRock Company, Be Green Packaging, DS Smith, DuPont, Evergreen Packaging, Mondi, Bemis Company, Graham, International Paper, TIPA Corp, and Nampak
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global recyclable packaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global recyclable packaging market.
Market Segmentation
- Material Type:
- Glass
- Paper
- Plastic
- Tinplate
- Wood
- Aluminum
- Others (Biodegradable plastics, etc.)
- Packaging Type:
- Corrugated Boxes
- Wraps
- Pouches
- Jars
- Others
- End User:
- Cosmetics & Personal care
- Food & Beverage
- Logistics
- Healthcare
- Others
- Regional:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Amcor
- Tetra Laval
- Ardagh Group SA
- Ball Corporation
- Elopak AS
- Emerald Packaging
- PlastiPak Holdings Inc.
- Sealed Air Corporation
- Uflex Limited
- WestRock Company
- Be Green Packaging
- DS Smith
- DuPont
- Evergreen Packaging
- Mondi
- Bemis Company
- Graham
- International Paper
- TIPA Corp
- Nampak
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Material Type
- Market Snippet, By Packaging Type
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend
4. Global Recyclable Packaging Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Recyclable Packaging Market - COVID-19
- Impact Analysis
5. Global Recyclable Packaging Market, By Material Type, 2019-2031 (US$ Bn & KT)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Glass
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Paper
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Plastic
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Tinplate
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Wood
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Aluminum
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Others (Biodegradable plastics, etc.)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
6. Global Recyclable Packaging Market, By Packaging Type, 2019-2031 (US$ Bn & KT)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Corrugated Boxes
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Wraps
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Pouches
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Jars
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
7. Global Recyclable Packaging Market, By End User, 2019-2031 (US$ Bn & KT)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Cosmetics & Personal care
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Food & Beverage
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Logistics
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Healthcare
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
8. Global Recyclable Packaging Market, By Region, 2019-2031 (US$ Bn & KT)
- Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Material Type, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Packaging Type, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By End User, 2019- 2031 (US$ Bn & KT)
- Countries
- U.S.
- Canada
- Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Material Type, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Packaging Type, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By End User, 2019- 2031 (US$ Bn & KT)
- Countries
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Material Type, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Packaging Type, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By End User, 2019- 2031 (US$ Bn & KT)
- Countries
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Material Type, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Packaging Type, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By End User, 2019- 2031 (US$ Bn & KT)
- Countries
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Country, 2019 - 2031
- Market Size and Forecast, By Material Type, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Packaging Type, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By End User, 2019- 2031 (US$ Bn & KT)
- Sub-regions/Countries
- GCC Countries
- Israel
- Rest of Middle East & Africa
9. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Company Overview
- Material Type Portfolio
- Recent Developments/Updates
- Tetra Laval
- Ardagh Group SA
- Ball Corporation
- Elopak AS
- Emerald Packaging
- PlastiPak Holdings Inc.
- Sealed Air Corporation
- Uflex Limited
- WestRock Company
- Be Green Packaging
- DS Smith
- DuPont
- Evergreen Packaging
- Mondi
- Bemis Company
- Graham
- International Paper
- TIPA Corp
- Nampak
10. Analyst Recommendation
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
11. Section
- References
- Research Methodology
- About Us and Sales Contact
- Browse 50 market data tables* and 40 figures* on "Global Recyclable Packaging Market" - forecast to 2031.