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A new market research report released by the United States said that the global green packaging market last year had a market value of nearly $109 billion, and by 2018 this figure is expected to approach $178 billion.
According to a report by TransparencyMarketResearch called "Green Packaging Market (Recycled, Reusable and Degradable Packaging): Global Status, Trends, Industry Analysis, Size, Market Share and Forecast, 2011-2018", Europe accounts for The proportion is large, slightly higher than 41 billion US dollars; North America ranks second, and the consumption is nearly 33 billion US dollars.
According to a press release, Europe is expected to continue to maintain its leading position in the green packaging market, mainly because of strict regulatory requirements in Europe and less land for landfills.
According to the press release, growth in North America, Japan and other developed countries will be slower, while emerging countries, including India, China and Indonesia, will see rapid growth. Reusable and biodegradable packaging in Asia is expected to grow rapidly from 2013 to 2018.
The press release said that North America "is expected to grow slowly on recycled packaging, but the growth of reusable packaging may be faster because of the high energy consumption in North America and the higher cost of recycled packaging production."
There are a number of important factors driving the development of green packaging, including increased awareness of carbon emissions, energy consumption and waste reduction goals.
According to the press release, recycled packaging accounts for a large proportion of the market for different types of packaging products. It is expected that the compound annual growth rate will reach 6.9% between 2013 and 2018.
[ppzhan Abstract] Food safety has become a major event for the people, and the industry has paid more and more attention to the packaging industry. Today, green is the pursuit of everyone. Green packaging has become the future direction of the packaging industry. According to statistics, by 2018, the global green packaging market will reach a total value of 178 billion US dollars.
April 02, 2020