Green packaging, also known as sustainable packaging or eco-friendly packaging, refers to packaging designs that have the least amount of environmental impact. They accomplish this by reducing packaging waste, utilizing sustainable materials (such as recyclable or biodegradable packaging elements), and employing renewable energy during manufacturing. In a nutshell, sustainable packaging is all about being conscious of the company's carbon footprint. In 2022, the global green packaging market was valued at US$223.97 billion, and is probable to reach US$325.70 billion by 2028.

The rising concern for environment and growing awareness towards using biodegradable material has taken the center stage around the globe and is expected to reap significant dividends for the global sustainable packaging market over the forecast period. The presence of green packaging aims to fulfill sustainability goals across e-commerce, logistic and delivery food packaging sectors. Green packaging ticks all the boxes as it has low-cost structure, is manufactured using 100% recyclable materials, and complies with sustainability initiatives. Besides that, strict environmental protection and government regulation has further encourage the trend in green packaging usage. The government in recent years has also put out regulations that support use of recycled materials and eco-friendly products by imposing taxes on plastic packaging. The global green packaging market is projected to grow at a CAGR of 6.44%, during the forecast period of 2023-2028.

Scope of the Report

The report titled “Global Green Packaging Market: Analysis By Packaging Type (Recycled Content Packaging, Reusable Packaging and Degradable Packaging), By Material (Plastic, Paper, Metal and Other), By Application (Food and Beverages, Healthcare, Personal Care and Other), By Region Size & Forecast with Impact Analysis of COVID-19 and Forecast up to 2028”, includes:

-- An in-depth analysis of the global green packaging market by value, by packaging type, by material, by application, etc.

-- The regional analysis of the green packaging market, including the following regions:

North America (The US, Canada and Mexico
Asia Pacific (China, Japan, India, South Korea and Rest of Asia Pacific)
Europe (Germany, UK, Spain, Italy, France and Rest of Europe
Rest of the World

-- Comprehensive information about emerging markets. This report analyses the market for various segments across geographies.

-- Provides an analysis of the COVID-19 impact on the global green packaging market, with post COVID impact analysis.

-- Assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall green packaging market has also been forecasted for the period 2023-2028, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.

-- Evaluation of the potential role of green packaging to improve the market status.

-- Identification of new technological developments, R&D activities, and collaborations occurring in the green packaging market.

-- In-depth profiling of the key players, including the assessment of the business overview, market strategies, regional and business segments of the leading players in the market.

-- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

-- The in-depth analysis provides an insight into the market, underlining the growth rate and opportunities offered in the business.

For further details, kindly visit :

https://www.daedal-research.com/consumer-retail/global-green-packaging-market-size-forecast-with-impact-analysis-of-covid-19-and-forecast-up-to-2028

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