Eco-friendly packaging refers to the use of
environmentally friendly materials and technologies to reduce environmental
pollution and damage caused by packaging while ensuring the functionality and
aesthetics of the packaging. It aims to reduce the generation of packaging waste,
improve resource utilization efficiency, and promote sustainable development.
Product Classification Introduction
Classified by material
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Biodegradable
packaging:such as starch plastics,
paper products, etc., can quickly degrade in the natural environment and
reduce garbage accumulation.
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Recyclable
packaging:such as metal, glass, etc.,
can be recycled and reused to reduce resource consumption.
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Biobased
packaging:using renewable biomass as
raw materials, such as biomass plastics, has good environmental performance.
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Classified by function
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Green packaging:It emphasizes the environmental friendliness of
packaging materials and reduces environmental pollution.
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Reduced
packaging: By optimizing packaging
design, unnecessary packaging materials are reduced, and the generation of
packaging waste is reduced.
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Circular economy
packaging:Recycling and reusing
packaging waste to achieve resource recycling.
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Source: www.globalmarketmonitor.com
Overview of Market Development and Analysis of Market Development in Major Regions
In recent years, due to increasingly prominent environmental issues, various industries have been seeking more environmentally friendly and sustainable solutions. The packaging industry is no exception, as eco-friendly packaging materials are gradually replacing traditional non-environmentally friendly materials. According to our research data, the global consumption of eco-friendly packaging reached 142 million tons in 2023, with a market size of $230.702 billion. In the coming years, the global environmental packaging market will continue to grow. It is expected that by 2025, the global consumption of eco-friendly packaging will increase to 165 million tons, and the market size is expected to reach $257.97 billion.
From the perspective of market development in various regions, the Asia Pacific region was the largest consumer market in the global environmental packaging industry. Data shows that in 2023, the consumption of eco-friendly packaging in the Asia Pacific region was 47 million tons, accounting for 33.08% of the global total consumption. Europe was the largest revenue market, with a revenue scale of $77.34 billion and a revenue share of 33.44% in 2023; The Asia Pacific region and the Americas have become the second and third largest revenue markets for eco-friendly packaging globally, with revenue shares of 32.09% and 30.23%, respectively.
Global Eco-Friendly Packaging Market Size Forecast and Market Share by Region
Source: www.globalmarketmonitor.com