PUBLISHER: BCC Research | PRODUCT CODE: 1532348
PUBLISHER: BCC Research | PRODUCT CODE: 1532348
The global market for sustainable plastic packaging was valued at $81.6 billion in 2023. The market is expected to grow from $86.6 billion in 2024 to $122.4 billion by the end of 2029, at a compound annual growth rate, or CAGR, of 7.2% from 2024 to 2029.
The European market for sustainable plastic packaging is expected to grow from $35.4 billion in 2024 to $52.2 billion by the end of 2029, at a CAGR of 8.1% from 2024 to 2029.
The Asia-Pacific market for sustainable plastic packaging is expected to grow from $24.7 billion in 2024 to $34.6 billion by the end of 2029, at a CAGR of 6.9% from 2024 to 2029.
This report analyzes the global sustainable plastic packaging market by segmenting it based on packaging type and end user. On the basis of packaging type, the market is further segmented into recycled packaging, reusable packaging and bioplastic packaging. Recycled packaging is additionally segmented into R-PET, R-PE, R-PP, R-PS and others (such as R-PVC, R-PLA, etc.). Bioplastic packaging is additionally segmented into biodegradable and non-biodegradable bioplastic. The sustainable plastic packaging market is segmented based on end user into the following segments: food and beverage, industrial and chemical, healthcare, personal and home care, and others.
These market segments are analyzed at the global and regional levels. The base year for this analysis is 2023, and market estimates and forecasts are given from 2024 through 2029. The market estimates are provided in terms of revenue (in millions of U.S. dollars).
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