Product Code: GVR-4-68040-528-9
Circular Packaging Market Growth & Trends:
The global circular packaging market size is anticipated to reach USD 351.69 billion by 2030 and is anticipated to expand at a CAGR of 6.30% during the forecast period, according to a new report by Grand View Research, Inc. The circular packaging market is a crucial segment of the global packaging industry, driven by the increasing emphasis on sustainability, resource efficiency, and waste reduction. Circular packaging focuses on minimizing environmental impact by designing materials that can be reused, recycled, or composted, creating a closed-loop system that reduces dependency on virgin resources. This market spans multiple industries, including food and beverages, personal care, pharmaceuticals, and e-commerce, where companies are adopting eco-friendly packaging to meet regulatory mandates and shifting consumer expectations. With growing investments in advanced recycling technologies, bio-based alternatives, and reusable packaging systems, the circular packaging market is experiencing rapid transformation as businesses align their strategies with long-term sustainability goals.
One of the primary drivers of this market is the increasing regulatory pressure to phase out single-use plastics and improve waste management infrastructure. Governments worldwide are implementing stringent policies, such as extended producer responsibility (EPR) schemes and minimum recycled content requirements, compelling companies to integrate circularity into their packaging solutions. Moreover, material science innovations enable the development of high-performance recycled polymers, compostable films, and fiber-based alternatives that maintain product integrity while reducing environmental impact. As brands strive to enhance their ESG credentials and reduce their carbon footprint, circular packaging is becoming a strategic priority, fostering industry-wide collaborations and technological advancements that are reshaping the future of sustainable packaging solutions.
The market players focus on various strategic initiatives such as mergers, acquisitions, and collaborations. For instance, in May 2024, Pernod Ricard, a wine and spirits producer, signed a five-year global agreement with ecoSPIRITS, a circular economy startup, to distribute Pernod Ricard's spirits using ecoSPIRITS' sustainable packaging technology. This deal aims to reduce waste and carbon emissions from producing and transporting bottles. EcoSPIRITS' system reduces waste by 95% and emissions by up to 90%.
Circular Packaging Market Report Highlights:
- Based on material, paper & cardboard held the largest share, accumulating USD 98.08 billion market size in 2024.
- The food & beverages dominated the application segmentation and accounted for the largest revenue share of over 47.40% in 2024.
- Europe dominated the market. With sustainability becoming a core regulatory and market expectation, European packaging manufacturers and brands are rapidly transitioning to closed-loop packaging models, ensuring compliance while meeting consumer demand for eco-friendly products.
- Germany was the leading manufacturer of circular packaging in the Asia Pacific region and captured around 14% of the revenue market share in 2024 in this region.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Materials & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Circular Packaging Market Variables, Trends & Scope
- 3.1. Global Circular Packaging Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Technology Overview
- 3.4. Impact of Circular Economy
- 3.5. Average Price Trend Analysis, 2018 to 2030 (USD/kg)
- 3.5.1. Key Factors Influencing Pricing
- 3.6. Regulatory Framework
- 3.6.1. Policies and Incentive Plans
- 3.6.2. Standards and Compliances
- 3.6.3. Regulatory Impact Analysis
- 3.7. Market Dynamics
- 3.7.1. Market Driver Analysis
- 3.7.2. Market Restraint Analysis
- 3.7.3. Industry Challenges
- 3.8. Porter's Five Forces Analysis
- 3.8.1. Supplier Power
- 3.8.2. Buyer Power
- 3.8.3. Substitution Threat
- 3.8.4. Threat from New Entrant
- 3.8.5. Competitive Rivalry
- 3.9. PESTEL Analysis
- 3.9.1. Political Landscape
- 3.9.2. Economic Landscape
- 3.9.3. Social Landscape
- 3.9.4. Technological Landscape
- 3.9.5. Environmental Landscape
- 3.9.6. Legal Landscape
Chapter 4. Circular Packaging Market: Material Outlook Estimates & Forecasts
- 4.1. Circular Packaging Market: Material Movement Analysis, 2024 & 2030
- 4.1.1. Paper & Cardboard
- 4.1.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 4.1.2. Plastic
- 4.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 4.1.3. Metal
- 4.1.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 4.1.4. Glass
- 4.1.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 5. Circular Packaging Market: End Use Outlook Estimates & Forecasts
- 5.1. Circular Packaging Market: End Use Movement Analysis, 2024 & 2030
- 5.1.1. Food & beverages
- 5.1.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.1.2. Pharmaceuticals
- 5.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.1.3. Personal Care & Cosmetics
- 5.1.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.1.4. Others
- 5.1.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 6. Circular Packaging Market Regional Outlook Estimates & Forecasts
- 6.1. Regional Snapshot
- 6.2. Circular Packaging Market: Regional Movement Analysis, 2024 & 2030
- 6.3. North America
- 6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.3.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.3.4. U.S.
- 6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.4.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.3.4.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.3.5. Canada
- 6.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.5.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.3.5.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.3.6. Mexico
- 6.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.6.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.3.6.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.4. Europe
- 6.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.4.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.4.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.4.4. UK
- 6.4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.4.4.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.4.4.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.4.5. Germany
- 6.4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.4.5.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.4.5.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.4.6. France
- 6.4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.4.6.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.4.6.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.4.7. Italy
- 6.4.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.4.7.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.4.7.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.4.8. Spain
- 6.4.8.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.4.8.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.4.8.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.5. Asia Pacific
- 6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.5.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.5.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.5.4. China
- 6.5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.5.4.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.5.4.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.5.5. India
- 6.5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.5.5.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.5.5.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.5.6. Japan
- 6.5.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.5.6.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.5.6.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.5.7. South Korea
- 6.5.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.5.7.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.5.7.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.5.8. Australia
- 6.5.8.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.5.8.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.5.8.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.6. Central & South America
- 6.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.6.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.6.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.6.4. Brazil
- 6.6.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.6.4.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.6.4.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.6.5. Argentina
- 6.6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.6.5.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.6.5.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.7. Middle East & Africa
- 6.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.7.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.7.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.7.4. UAE
- 6.7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.7.4.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.7.4.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.7.5. Saudi Arabia
- 6.7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.7.5.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.7.5.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
- 6.7.6. South Africa
- 6.7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.7.6.2. Market estimates and forecast, by material, 2018 - 2030 (USD Million)
- 6.7.6.3. Market estimates and forecast, by end use, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Vendor Landscape
- 7.2.1. Company categorization
- 7.2.2. List of Key Distributors and Channel Partners
- 7.2.3. List of Potential Customers/End-users
- 7.3. Competitive Dynamics
- 7.3.1. Company Market Share Analysis & Market Positioning
- 7.3.2. Competitive Benchmarking
- 7.3.3. Strategy Mapping
- 7.3.4. Heat Map Analysis
- 7.4. Company Profiles/Listing
- 7.4.1. Participant's overview
- 7.4.2. Financial performance
- 7.4.3. Product benchmarking
- 7.4.3.1. Loop Industries
- 7.4.3.2. TerraPak
- 7.4.3.3. Amcor plc
- 7.4.3.4. Sealed Air
- 7.4.3.5. DS Smith
- 7.4.3.6. Mondi plc
- 7.4.3.7. Smurfit Kappa
- 7.4.3.8. Berry Global
- 7.4.3.9. Huhtamaki
- 7.4.3.10. ecoSPIRITS