Recyclable Packaging Market to Cross USD 13.58 Billion by 2030 | Says SNS Insider

As per SNS Insider research, governments worldwide have recognized the urgency of environmental conservation and have introduced stringent regulations to promote sustainable practices. Legislation mandating the use of recyclable materials and imposing restrictions on single-use plastics have forced companies to adopt recyclable packaging solutions. Compliance with these regulations not only earns them favor among environmentally-conscious consumers but also ensures long-term viability for their business.

Pune, Aug. 03, 2023 (GLOBE NEWSWIRE) -- The SNS Insider report indicates that "The Recyclable Packaging Market reached USD 9.3 billion in 2022 and is projected to reach USD 13.58 billion by 2030, with a compound annual growth rate (CAGR) of 4.85% during the forecast period from 2023 to 2030".

Market Report Scope

Recyclable packaging refers to materials used in the packaging of products that can be recycled or reused after their intended use. These materials are designed to be environmentally friendly, as they reduce waste and promote sustainable practices. It plays a vital role in reducing the overall environmental impact of consumer goods and is an essential aspect of the circular economy.

Download PDF Brochure: 

Market Analysis

The growth of the recyclable packaging market is propelled by a confluence of regulatory, consumer-driven, technological, and economic factors. As sustainability continues to garner momentum and occupy a central position in global agendas, recyclable packaging will remain at the forefront of packaging solutions. Embracing this eco-friendly trend presents a unique opportunity for businesses to showcase their commitment to environmental stewardship while capitalizing on the numerous benefits that come with sustainable packaging practices.

Ambient Lighting Market Overview & Scope:

Report AttributesDetails
Market Size in 2022USD 9.3 billion
Market Size by 2030USD 13.58 billion
CAGRCAGR of 4.85 % from 2023-2030
Key Segmentsby Packaging Material (Paper, Glass, Plastic, Wood, Aluminium, Recycled Papers, Tinplate, Others)

by Packaging Type (Paper & Cardboard, Void Fill Packaging, Bubble Wrap, Pouches & Envelopes)

by End Use (Food & Beverages, Healthcare Industry, Personal Care & Cosmetics, Others)
Regional Analysis/CoverageNorth America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands,Rest of Europe), Asia-Pacific (Japan, South Korea,China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
20% free customization scope (equivalent to 50 analyst working hours)If you need specific information as per your business requirement, which is not currently within the scope of the report, we will provide it to you as a part of customization.
Pricing & Purchase OptionsAvail customized purchase options to meet your exact research needs. Explore purchase options.

Impact of Recession

A recession can have both positive and negative impacts on the recyclable packaging market. While there may be short-term challenges in terms of reduced demand, supply chain disruptions, and government support, there is also an opportunity for the industry to innovate and adapt to changing consumer preferences. As society becomes more conscious of its environmental footprint, the demand for recyclable packaging is likely to rebound once the economic conditions improve.

Impact of Russia-Ukraine War

The Russia-Ukraine war has significantly impacted the recyclable packaging market, leading to supply chain disruptions, price volatility, shifts in regional and global demand, and a renewed focus on sustainability and innovation. The industry is navigating through challenges while seeking new opportunities to ensure the continued growth and contribution to a more environmentally responsible future. As the geopolitical situation evolves, the market will continue to adapt and transform to meet the demands of a changing world.

Key players

Some major key players in the Recyclable Packaging market are Amcor, Be Green Packaging, Nampak, Sealed Air, Mondi, DS Smith, Evergreen Packaging, Tetra Laval, Ball Corp, International Paper and other players.

Key Regional Development

The regional dynamics of the recyclable packaging market vary significantly, shaped by factors such as government policies, consumer awareness, recycling infrastructure, and economic conditions. While some regions have made significant strides in embracing sustainability and recyclable packaging, others are gradually catching up. As the global focus on environmental preservation intensifies, it is expected that all regions will increasingly adopt and prioritize recyclable packaging solutions to create a more sustainable future for our planet.

Key Takeaway from Recyclable Packaging Market Study

  • The market is witnessing a paradigm shift as industries align with the global sustainability movement. The paper packaging and food & beverages segments are emerging as dominant forces in this transformation due to their eco-friendly attributes, consumer-driven demand, and support from regulatory bodies.
  • As businesses continue to embrace recyclable packaging solutions, we can look forward to a future where the environmental impact of packaging materials is significantly reduced, fostering a cleaner and greener planet for generations to come.

Buy Complete Research Report Which Provide Detail Impact Analysis of COVID-19, Russia-Ukraine War & Ongoing Recession: 

Recent Developments Related to Recyclable Packaging Market

  • Stora Enso, a leading renewable materials company has introduced their groundbreaking and easily recyclable packaging board grade designed specifically for frozen and chilled food packaging. This innovative solution comes as a response to the growing global concern over plastic waste and the need for more sustainable packaging alternatives.
  • CKF Inc., a leading packaging solutions company, has unveiled its innovative production line for sustainable packaging manufacturing in Langley, B.C. The new production line, powered by cutting-edge technology and state-of-the-art machinery, is designed to reduce the company's carbon footprint while increasing overall production efficiency.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 Impact of Russia- Ukraine War

4.2 Impact of Ongoing Recession

4.2.1 Introduction

4.2.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Recyclable Packaging Market Segmentation By Packaging Material

8.1 Paper

8.2 Glass

8.3 Plastic

8.4 Wood

8.5 Aluminium

8.6 Recycled Papers

8.7 Tinplate

8.8 Others

9. Recyclable Packaging Market Segmentation By Packaging Type

9.1 Paper & Cardboard

9.2 Void Fill Packaging

9.3 Bubble Wrap

9.4 Pouches & Envelopes

10. Recyclable Packaging Market Segmentation By End Use

10.1 Food & Beverages

10.2 Healthcare Industry

10.3 Personal Care & Cosmetics

10.4 Others

11. Regional Analysis

11.1 Introduction

11.2 North America

11.3 Europe

11.4 Asia-Pacific

11.5 Middle East & Africa

11.6 Latin America

12 Company profile

12.1 Amcor

12.1.1 Company Overview

12.1.2 Financial

12.1.3 Products/ Services Offered

12.1.4 SWOT Analysis

12.1.5 The SNS View

12.2 Be Green Packaging

12.3 Nampak

12.4 Sealed Air

12.5 Mondi

12.6 DS Smith

12.7 Evergreen Packaging

12.8 Tetra Laval

12.9 Ball Corp

12.10 International Paper

13. Competitive Landscape

13.1 Competitive Bench marking

13.2 Market Share Analysis

13.3 Recent Developments

13.3.1 Industry News

13.3.2 Company News

13.3.3 Mergers & Acquisitions

14. Use Case and Best Practices

15. Conclusion

About SNS Insider

At SNS Insider, we believe that businesses should have access to the best market intelligence and insights, regardless of their size or industry. That's why we offer a range of solutions tailored to meet the unique needs of each client, from startups to big corporations. With a passion for our work and an unwavering commitment to delivering value, we are dedicated to helping our clients achieve their full potential.


Contact Data