Recyclable Packaging Market Size, Key Drivers, Share, Trends, Growth And Future Scope By 2025
Summary
Global Recyclable Packaging Market Size, Information by Material Type (Glass, Paper, Plastic, Tinplate, Wood, Aluminum, Biodegradable Plastic and Recycled Papers), Packaging Type (Paper & Cardboard, Void Fill Packing, Bubble Wrap and Pouches & Envelopes), End-Use Industry (Healthcare Industry, Personal Care & Cosmetics Industry and Food & Beverages Industry) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2025
Recyclable Packaging Market Size Highlights
The Global Recyclable Packaging Market Size is expected to witness sustainable growth during the forecast period owing to the growth in the packaging industry and changing preferences of manufacturers regarding packaging materials.
Key Players
- BASF SE (Germany)
- Ebro Color GmbH (Germany)
- Graham Packaging Company (US)
- Salazar Packaging, Inc.(US)
- Lacerta Group, Inc. (US)
- 3M (US)
- Amcor (Australia)
- American Packaging Corporation. (US)
- APP (Asia Pulp & Paper) (Indonesia)
- Avery Dennison Corporation. (US)
Regional Analysis
By region, the global Recyclable Packaging Market Size has been segmented into Europe, Asia-Pacific, North America, South America, and the Middle East & Africa. Asia-Pacific dominated the global market, primarily due to the growth in agriculture, mainly in China and India. The agricultural industry in Asia-Pacific is growing due to the population and economic growth, which fuels the Asia-Pacific Recyclable Packaging Market Size growth. Moreover, the busy lifestyles and the rising purchasing power in the developing countries coupled with the increasing awareness regarding the benefits of recyclable packaging among consumers is also expected to drive the market growth in Asia-Pacific.
The global Recyclable Packaging Market Size was valued at USD 37 billion in 2018, and is expected to witness 4.1% CAGR during the forecast period.
Scope of the Report
This study provides an overview of the global Recyclable Packaging Market Size, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for Europe, Asia-Pacific, North America, Middle East & Africa and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Recyclable Packaging Market Size by material type, packaging type, end-use industry, and region.
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