Eco-Friendly Food Packaging Market - By Material (Biodegradable, Recyclable, Compostable), By Product Type (Bags, Containers, Boxes & Cartons, Bottles & Jars), By End Use (Foodservice, Retail, Food Processing) & Forecast, 2023

Description

List of Tables

Eco-friendly food packaging industry size is projected to expand at over 6.5% CAGR from 2023 to 2032. The rising environmental awareness and concerns about plastic pollution is creating a shift towards sustainable and biodegradable packaging solutions. The influx of stringent government regulations and corporate sustainability initiatives is encouraging the adoption of eco-friendly materials. The changing consumer preferences towards ethical and eco-conscious consumption is further driving the demand for organic packaging options.

Additionally, the growing technological advancements are driving innovations in packaging solutions with reduced environmental impacts. For instance, in January 2023, Cascades, a leading provider of sustainable packaging solutions, introduced a new closed basket for the produce sector made from recycled and recyclable corrugated cardboard for addressing the challenges posed by less recyclable food packaging solutions. The higher emphasis on reducing carbon footprint and minimizing waste will also fuel the product demand.

The eco-friendly food packaging market is segregated into material, product type, end-user industry, and region.

Based on product, the industry value from the bottles and jars segment is anticipated to rise at substantial CAGR through 2032, owing to the increasing consumer demand for sustainable alternatives. The rising shift towards recyclable materials, reduced plastic usage, and the implementation of eco-conscious practices by food & beverage manufacturers will also boost the segment growth.

Eco-friendly food packaging market share from the foodservice end-user industry segment is projected to exhibit over 7.5% CAGR from 2023 to 2032, driven by the heightened environmental awareness among consumers. The surging demand for sustainable packaging solutions by foodservice establishments, adherence to eco-friendly practices is resulting in the higher adoption of biodegradable materials. The broader shift towards eco-conscious consumption in the foodservice sector will also boost the segment growth.

Regionally, the North America eco-friendly food packaging industry is slated to expand at over 6.5% CAGR from 2023 to 2032. This is attributed to the increasing environmental consciousness, stringent regulations for promoting sustainable practices, and the increasing consumer demand for eco-friendly packaging options. The rising focus on reducing plastic waste and adopting recyclable materials will also drive the regional market expansion.

Product Code: 7478

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation.
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Eco-Friendly food packaging market 360 degree synopsis, 2018 - 2032
2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2023-2032
2.3 Regional trends
2.4 By material trends
2.5 By product type trends
2.6 By end use trends

Chapter 3 Eco-Friendly Food Packaging Market Industry Insights

3.1 Impact of COVID-19
3.2 Impact of the Russia-Ukraine war
3.3 Industry ecosystem analysis
3.4 Vendor matrix
3.5 Profit margin analysis
3.6 Technology & innovation landscape
3.7 Patent analysis
3.8 Key news and initiatives
- 3.8.1 Partnership/Collaboration
- 3.8.2 Merger/Acquisition
- 3.8.3 Investment
- 3.8.4 Product launch & innovation
3.9 Regulatory landscape
3.10 Impact forces
- 3.10.1 Growth drivers
  - 3.10.1.1 Increasing environmental concerns
  - 3.10.1.2 Rising regulatory initiatives
  - 3.10.1.3 Growing consumer demand
  - 3.10.1.4 Increasing corporate sustainability goals
  - 3.10.1.5 Rising brand image and reputation focus
- 3.10.2 Industry pitfalls & challenges
  - 3.10.2.1 High production costs
  - 3.10.2.2 Limited availability of Eco-Friendly materials
3.11 Growth potential analysis
3.12 Porter's analysis
3.13 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
- 4.3.1 Be Green Packaging, Inc.
- 4.3.2 Biopak Pty Ltd
- 4.3.3 Biomass Packaging
- 4.3.4 Eco-Products, Inc.
- 4.3.5 Daio Paper construction
- 4.3.6 Gascogne Papier
- 4.3.7 Glatfelter Corporation
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022

Chapter 5 Eco-Friendly Food Packaging Market Estimates & Forecast, By Material Type (USD Million)

5.1 Key trends, by material
5.2 Biodegradable
5.3 Recyclable
5.4 Compostable

Chapter 6 Eco-Friendly Food Packaging Market Estimates & Forecast, By Product Type (USD Million)

6.1 Key trends, by product type
6.2 Containers
6.3 Boxes and cartons
6.4 Bottles and Jars
6.5 Others

Chapter 7 Eco-Friendly Food Packaging Market Estimates & Forecast, By End Use (USD Million)

7.1 Key trends, by end use
7.2 Foodservice
7.3 Retail
7.4 Food Processing

Chapter 8 Eco-Friendly Food Packaging Market Estimates & Forecast, By Region (USD Million)

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 UK
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Russia
8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
8.6 MEA
- 8.6.1 South Africa
- 8.6.2 Saudi Arabia
- 8.6.3 UAE

Chapter 9 Company Profiles

9.1 Be Green Packaging, Inc.
9.2 Biopak Pty Ltd
9.3 Biomass Packaging
9.4 Eco-Products, Inc.
9.5 Daio Paper construction
9.6 Gascogne Papier
9.7 Glatfelter Corporation
9.8 Genpak LLC
9.9 Green Pack
9.10 Nordic Paper AB
9.11 PacknWood
9.12 Stora Enso Oyj
9.13 Sulapac Ltd
9.14 Vegware Ltd