What Does the Historical and Current Eco-Friendly Food Packaging Market Size Trend Indicate?
The eco-friendly food packaging market has seen considerable growth due to a variety of factors.
• The market size of eco-friendly food packaging has seen a healthy increase in the recent past. The predicted growth is from $252.19 billion in 2024 up to $274.21 billion in 2025, with a compound annual growth rate (CAGR) of 8.7%.
The significant growth during the historical period is owed to factors such as the rise in environmental consciousness and sustainability objectives, government laws and prohibitions on single-use plastics, amplified consumer inclination towards eco-friendly goods, initiatives towards corporate sustainability, and the reduction of carbon footprint.
How Will the Eco-Friendly Food Packaging Market Size Evolve over the Forecast Period?
The eco-friendly food packaging market is expected to maintain its strong growth trajectory in upcoming years.
• In the forthcoming years, the market size for eco-friendly food packaging is anticipated to expand rapidly. The market is projected to reach up to $408.44 billion in 2029, increasing at a compound annual growth rate (CAGR) of 10.5%.
The acceleration during the projection period can be linked to efforts in recycling and a circular economy, sustainable supply chains, cost-saving and efficiency measures, enhancements in marketing and brand image, as well as e-commerce and residential delivery packaging solutions. There are several key trends identified for the forecast period, including developments in biodegradable and compostable packaging, smart and active packaging to ensure food safety, cooperation throughout the food industry value chain, and the application of recycled and repurposed materials.
Which Factors Are Boosting Growth In The Eco-Friendly Food Packaging Market?
The escalating knowledge among consumers regarding the negative impacts of plastic products used for food packaging is pushing the growth of the environmentally friendly food packaging market. The frequent use of non-reusable and non-biodegradable plastic packaging products contributes negatively to the environment. Plastic, which takes hundreds of years to decompose in landfills, will persist in the environment for an extended period, causing various harm to the ecosystem, flora and fauna, and humans alike. Demonstrably, a report from the World Economic Forum points out that Germany and Austria are at the forefront in the recycling of waste at the rates of 56% and 52% respectively. Similarly, countries like Wales are setting ambitious recycling targets, aiming for no waste by 2050. Meanwhile, the EU contemplates setting a 2030 goal of at least 65%. Therefore, the rise in consumer awareness about the perils of employing plastic products for food packaging is predicted to fuel the expansion of the eco-friendly food packaging market in the foreseeable future.
What Key Areas Define The Segmentation Of The Global Eco-Friendly Food Packaging Market?
The eco-friendly food packaging market covered in this report is segmented –
1) By Type: Recycled Content Packaging, Reusable Packaging, Degradable Packaging
2) By Material: Paper And Paperboard, Metal, Glass, Plastic, Other Materials
3) By Technique: Active Packaging, Molded Packaging, Multipurpose Packaging, Alternate Fiber Packaging
4) By Application: Food And Beverages, Bakery And Confectionery, Dairy Products, Meat Products, Fruits And Vegetables, Convenience Food, Other Applications
Subsegments:
1) By Recycled Content Packaging: Recycled Paper and Cardboard Packaging, Recycled Plastic Packaging, Recycled Glass Packaging
2) By Reusable Packaging: Reusable Containers, Reusable Bags, Reusable Wraps (e.g., beeswax wraps)
3) By Degradable Packaging: Biodegradable Plastics, Compostable Packaging, Oxo-degradable Packaging
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How Are Emerging Trends Reshaping The Dynamics Of The Eco-Friendly Food Packaging Market?
Technological progression is becoming a prevalent trend within the green food packaging market. The primary market leaders are putting their energies into developing cutting-edge technologies that transition towards sustainable food packaging methodologies. This effort aims to decrease environmental damage and prevent plastic from ending up in landfills and oceans. For instance, in October 2022, HuhtamäkiOyj, a consumer packaging corporation from Finland, introduced a recyclable ice cream packaging solution utilizing paper-based technology. Comprising 95% renewable bio-based material, this packaging solution is equipped with a water-based barrier coating and SFI certified paperboard. This novel approach contributes to the reduction of packaging expenses, waste, and environmental contamination.
Who Are the Key Players in the Eco-Friendly Food Packaging Market?
Major companies operating in the eco-friendly food packaging market include:
• Amcor plc
• Mondi plc
• Sealed Air Corporation
• Ball Corporation
• Tetra Pak International SA
• BASF SE
• Huhtamaki Oyj
• Smurfit Kappa Group
• Sonoco Products Co.
• Pactiv Evergeen Inc.
• European License Of PURE-PAK
• Winpak Ltd.
• Printpak Holdings Inc
• PaperFoam BV
• Be Green Packaging
• DS Smith plc
• DuPont de Nemours & Company
• Crown Holdings Inc.
• Ardagh Group Company
• Uflex Limited
• Graphic Packaging
• Vegware Ltd.
• LimeLoop
• Notpla Ltd.
• EcoEnclose LLC
• Genpak LLC
• Biopak Pty Ltd.
• Stora Enso Oyj
• International Paper Company
• Novamont S.p.A.
• NatureWorks LLC
• Tetra Laval
• Berry Global Inc.
• Reynolds Group Holdings Limited
• BioMass Packaging
• Sabert Corporation
• World Centric
What Is The Most Dominant Region In The Eco-Friendly Food Packaging Market?
North America was the largest region in the eco-friendly food packaging market in 2024. The regions covered in the eco-friendly food packaging market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
