The global eco-friendly packaging market is rapidly expanding, fueled by stringent environmental regulations and mounting consumer pressure for sustainable product containment. This market encompasses solutions that are recyclable, reusable, or biodegradable, minimizing environmental impact across the entire product lifecycle.

The market was valued at USD 182,383.25 million in 2022. Mirroring the global shift towards circular economy models, the industry is projected to register a steady Compound Annual Growth Rate (CAGR) of 5.00% throughout the forecast period from 2023 to 2030.

This growth trajectory is set to significantly boost the market size, which is expected to reach USD 269,463.14 million by 2030. Demonstrating immediate market adoption, the projected valuation for the Forecast Year 2025 is estimated at approximately USD 211,105.79 million.

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Key Drivers, Share, and Segmentation Insights Of eco-friendly packaging market

The primary driver for market growth is the corporate commitment to achieving zero-waste targets, combined with governmental bans on single-use plastics. A crucial element of this expansion is the development and commercialization of sustainable packaging solutions (our LSI keyword), particularly for the food and beverage and e-commerce sectors.

The market share is currently dominated by the paper and paperboard segment due to its high recycling rates and established infrastructure. However, the flexible packaging segment, utilizing bio-plastics and compostable films, is forecast to exhibit the fastest growth.

Key segmentation of the eco-friendly packaging market includes:

Packaging Material: Paper & Paperboard (largest share), Plastics (biodegradable, recycled), Glass, and Metal.

Application: Food & Beverages (dominant segment), Healthcare, Cosmetics & Personal Care, and E-commerce.

Product: Flexible Packaging, Rigid Packaging (containers, bottles), and Industrial Bulk Packaging.

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Key Global Players

The market competition is intense, involving major paper and pulp companies, specialized packaging manufacturers, and chemical corporations investing in innovative bioplastic technologies.

Leading global companies shaping the eco-friendly packaging landscape include:

Mondi (U.K.)

Segezha group (Russia)

Klabin SA (Brazil)

Billerudkorsnas (Sweden)

Stora Enso (Finland)

Daio Paper construction (Japan)

Nordic Paper (Sweden)

Glatfelter (U.S.)

Gascogne Papier (Austria)

Glatfelter Corporation (U.S.)

Tokushu Tokai Paper Co., Ltd. (Japan)

Goodwin Robbins Packaging Company Inc. (U.S.)

Oji Holdings Corporation (Japan)

CTI Paper USA (U.S.)

Canfor (Canada)

Genus Paper and Boards Limited (India)

Georgia-Pacific (U.S.)

Canadian Paper packaging Ltd. (Canada)

Fujian Qingshan Paper Co., Ltd. (China)

Smurfit Kappa (U.S.)

WestRock Company (Ireland)

SCG PACKAGING (Thailand)

International Paper (U.S.)

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Future Outlook Of eco-friendly packaging market

The eco-friendly packaging market is on a robust upward trajectory, highlighting its essential role in global environmental efforts. With a target valuation of USD 269,463.14 million by 2030, sustained investments in sustainable packaging solutions and material innovation will be critical for manufacturers to meet the ever-increasing demand for environmentally responsible products.

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