Press Release

Sustainable Plastic Packaging Market Size will be propelled by Government Regulations and Initiatives Promoting Sustainable Packaging Practices

Date : Feb 23, 2023

The global Sustainable Plastic Packaging Market size is predicted to be worth over USD 143.7 billion by 2030, increasing at a CAGR of more than 5.9% between 2022 and 2030, according to Ameco Research

Sustainable plastic packaging is an environmentally-friendly alternative to traditional plastic packaging. It is made from renewable or recycled materials and is designed to minimize waste and reduce the carbon footprint of packaging. Sustainable plastic packaging can be found in a wide range of products, including food and beverage packaging, cosmetics and personal care items, and household goods.

The global sustainable plastic packaging market value is expected to grow significantly in the coming years due to increasing demand for environmentally-friendly packaging materials. Consumers are becoming more aware of the negative impact of plastic waste on the environment, and are seeking out sustainable alternatives. In addition, governments around the world are implementing regulations and policies to reduce plastic waste, which is driving the growth of the sustainable packaging market revenue. The market is also benefiting from the development of new and innovative materials and technologies that are making sustainable packaging more cost-effective and practical for manufacturers.

Request for a sample of this premium research report @

Global Sustainable Plastic Packaging Market Growth Factors

•    Growing demand for sustainable and eco-friendly packaging solutions
•    Government regulations and initiatives promoting sustainable packaging practices
•    Increasing awareness among consumers about environmental issues and the need to reduce plastic waste
•    Growing adoption of circular economy principles and closed-loop supply chains
•    Technological advancements in bioplastics and other sustainable packaging materials

Global Sustainable Plastic Packaging Market Trends    

The sustainable plastic packaging market is currently in an evolving era, as more and more companies are recognizing the importance of reducing their environmental impact and are seeking alternatives to traditional plastic packaging. Sustainable plastic packaging refers to packaging that is made from recycled or renewable materials, is biodegradable or compostable, or can be easily recycled after use.

One of the key drivers of this shift towards sustainable plastic packaging is increasing consumer demand for environmentally friendly products. Consumers are becoming more aware of the negative impact that traditional plastic packaging can have on the environment, including pollution of the oceans and harm to wildlife. As a result, companies are under pressure to adopt more sustainable packaging practices in order to meet consumer demand and maintain their brand image.

Another driver of this shift is increasing regulatory pressure on companies to reduce their environmental impact. Many governments around the world are implementing policies and regulations aimed at reducing plastic waste and promoting more sustainable packaging practices. For example, the European Union has set targets to recycle at least 55% of plastic packaging waste by 2030 and has implemented a ban on certain single-use plastic items. In response to these pressures, many companies are investing in research and development to create new sustainable packaging solutions. This has led to the development of a wide range of innovative materials, including bioplastics, plant-based plastics, and recycled plastics. In addition, companies are also exploring new packaging formats, such as reusable or refillable packaging, to reduce waste and improve sustainability.

Sustainable Plastic Packaging Market Segmentation    

According to Ameco Research, the worldwide sustainable plastic packaging market is segmented by type, process, and end use. By type, the market is divided into industrial, flexible, and rigid. By process, the market is categorized into biodegradable, reusable, and recyclable.

Based on the end use, the market is bifurcated into personal care, food & beverage, healthcare, and other. The personal care segment is expected to increase significantly in the global market in the coming years, according to the sustainable plastic packaging market forecast.

Sustainable Plastic Packaging Market Regional Outlook          

The worldwide sustainable plastic packaging market is broken down into five regions: Latin America, North America, Asia-Pacific, Europe, and the MEA. As per the sustainable plastic packaging industry analysis, the Asia-Pacific region is currently dominating the market, and this trend is expected to continue in the coming years. There are several factors contributing to this dominance, including a growing population, increasing urbanization, and rising awareness of environmental issues. One of the key drivers of the sustainable plastic packaging market share in Asia-Pacific is the region's large and rapidly growing population. As more people move into cities and urban areas, there is an increasing demand for sustainable packaging solutions that can help reduce waste and protect the environment. This has led to a rise in demand for sustainable plastic packaging solutions that are recyclable, biodegradable, or made from renewable materials.

Another factor contributing to Asia-Pacific's dominance in the sustainable plastic packaging market is the region's strong focus on environmental issues. Many countries in the region have implemented policies and regulations aimed at reducing plastic waste and promoting sustainable packaging solutions. This has created a favorable regulatory environment for sustainable packaging companies and has helped to drive innovation and investment in the sector.

Sustainable Plastic Packaging Market Companies

Some of the most notable worldwide sustainable plastic packaging market players are Uflex Ltd., Amcor PLC, Sonoco Products Company, Sealed Air Corporation, Mondi Group, Huhtamaki OYJ, and Smurfit Kappa Group PLC.

To receive personalized service, please share your research needs here@

Buy this premium research report -

Contact Us:

Mr. Richard

Ameco Research

USA: +1 347 474 3864

India: +91 8983225533