Pune, India -- (SBWIRE) -- 09/14/2018 -- Green Packaging Market Scenario

Green packaging has become popular option among packaging suppliers and end use sectors. Conventional packaging systems create waste and some of them cannot be recycled. Most of the time conventional packaging systems made up of plastics materials and it's resulted into the huge amount of waste. Green packaging or sustainable packing comprises biodegradable and recyclable material and manufacturing processes that will not harm environment. Bio fuels, solar and wind energy is used for manufacturing green packaging which reduces energy consumption. Following materials are used for green packaging: biodegradable plastics, recyclable materials, plant based plastics, and recycled polyethylene.

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Favorable government's policies, changing consumer preference towards green packaging solutions, and emergence of new technologies are the major factors driving growth of green packaging globally. Growing ecommerce industry resulted into huge amount of orders placed daily which ultimately driving the demand for effective and efficient packaging solutions. However poor infrastructure facilities in under developed and developing countries are expected to hamper the growth of global green packaging market.

Key Players
Prominent player from Green Packaging market are Amcor Limited, E. I. DuPont de Nemours and Company, Mondi Limited, Sealed Air Corporation, TetraPak International S.A., Ardagh Group Co., PlastiPak Holdings, Inc., Bemis Company, Inc., Uflex limited, ELOPAK AS, BASF SE, Catalyst Paper, Clorox Company, Berry Plastics, TetraLaval, Printpack Inc, Ball Corporation, Innova Films Ltd, and Phoenix Technologies.

Market Segmentation
Global Green Packaging market is majorly segmented on the basis of material, process, function, and applications. Based on the material the market is segmented into: paper & paperboard, plastic, metal, and glass. On the basis of process the market is bifurcated into: recycled, reusable, degradable. On the basis of function the market is segmented into: active, molded pulp, alternate fiber. On the basis of application market is classified as: food & beverage, healthcare, personal care and others. By geography, global green packaging market is studied across North America, Europe, Asia-Pacific, and LAMEA.

Segmentation
By Material
- Paper & Paperboard
- Plastic
- Metal
- Glass

By Function
- Active
- Molded Pulp
- Alternate Fiber

By Process
- Recycled
- Reusable
- Degradable

By Application
- Food & Beverage
- Healthcare
- Personal Care
- Others

Regional Analysis
In terms of geography market is divided into North America, Europe, Asia-Pacific and LAMEA. Progressive and changing consumer preferences towards environmental issues combined with the emergence of new innovative technologies is fuelling the growth of Green Packaging market in Europe. Growth of Green Packaging market in North America region is influenced by factors such as existence of major players from this market, availability of advanced infrastructure and increased adoption of green packaging solutions in end user industries. Increased use of bio based plastics and countries like India and China are driving the growth of green packaging market in Asia-Pacific region.

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