Green Packaging Materials Market is Projected to Surpass $450 billion by 2030

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A new report from Industry Experts Inc, on "Green Packaging Materials," is introduced. As per this market research report, the Green Packaging Materials market globally is likely to clock a CAGR of 6.9% during the 2024-2030 analysis period and reach a projected US$464.3 billion by 2030 from an estimated US$311.4 billion in 2024.

Green Packaging Materials are much in demand for various reasons and the primary factors driving the market comprise government regulations promoting a cleaner environment, initiatives by food & beverage companies to package products in greener alternatives, research & development efforts aimed at creating more sustainable green packaging and greater use of bioplastics.

By region Europe and North America are the two largest global markets for Green Packaging Materials, followed by Asia-Pacific, South America and Middle East & Africa. An already existing consumer awareness in both the aforementioned regions about the detrimental ecological impact of plastic packaging materials has promoted the demand for Green Packaging Materials, especially in the food & beverage and healthcare & pharma sectors. On the other hand, Asia-Pacific is likely to be the fastest growing global market for Green Packaging Materials, owing to urbanization, a growing middle class population that demands sustainable products & packaging and greater awareness about the benefits offered by these materials.

Green packaging materials global market analyzed in this report across all major regions including North America (The United States, Canada and Mexico), Europe (France, Germany, Italy, Russia, Spain, The United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific), South America (Argentina, Brazil and Rest of South America) and Middle East & Africa.

The report explores the green packaging materials market with respect to Type – Degradable Packaging, Recycled Content Packaging (Glass, Metal, Paper and Plastic) and Reusable Packaging (Drums, Intermediate Bulk Containers and Plastic Containers); and End-Use Industry – Chemicals, Consumer Products, Food & Beverages, Healthcare & Pharma and Personal Care.

About Industry Experts, Inc
Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts.com/

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