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Global Eco-Friendly Food Packaging Market By Type (Degradable Packaging, Recycled Content Packaging, Others), By Material (Plastic ,Cans, others), By Application (Metal, Rigid Plastic, others), By Region–Forecast & Opportunities to 2026

The global eco-friendly food packaging market accounted for a value of USD 163.5 billion in 2019. The global eco-friendly food packaging market is projected to witness growth at a CAGR of 6.3% during the forecast period.

COVID-19 has impacted all the businesses over globe. The global eco-friendly food packaging market is expected to witness downfall due to pandemic. The main reasons of this decline are shut-down of food industries, restaurants and big food chains. The restriction of transportation led to unavailability of raw materials and strict rules and regulation of lockdown has contributed in decline of global eco-friendly food packaging market due to corona virus during forecast period.

Definition:

Eco-friendly food packaging can be defined as packaging of raw or processed food without use of plastic packaging. The eco-friendly food packaging reduces non-biodegradable waste and prevents environmental from harmful impacts of plastic.  

Market Dynamics (Drivers/Opportunities):

Excessive use of plastic items has led to environmental degradation at large scale. This is a primary reason for the development of a sustainable packaging for food and beverages. The awareness about saving environment is rising and government is also focusing on reducing plastic use. Thus, drives eco-friendly food packaging market.

The consumption of processed and convenience food has been increasing immensely due to hectic schedule of people. It has boosted the eco-friendly food packaging market as eco-friendly packaging ensures safety and hygiene of food to the consumers. Thus, the demand for eco-friendly food packaging is increasing which is giving boost to eco-friendly food packaging market.

Renewable materials are utilized in eco-friendly food packaging which doesn’t have any harmful effects on the environment. These packaging are made up of biodegradable materials and reusable materials. It helps ensures quality of food and make it hygiene & safe for human consumption. These packaging are cost effective and required less energy in manufacturing. Thus, demand for these packaging is growing rapidly.

Market Insights, by Type

Based on type, the eco-friendly food packaging market segmented into degradable packaging, recycled content packaging and reusable packaging. The recycled content packaging accounted for maximum market share of XX% in 2019. It is estimated to register growth at highest CAGR during the forecast period. The growth attributing factors for this segment are cost-effective and the material used in this packaging can be used many times which reduces waste.

Market Insights, by Material

On the basis of material, the eco-friendly food packaging market is segmented into paper & paperboard, rigid paper & paperboard, metal, flexible paper & paperboard, flexible plastic, plastic, rigid plastic, cans, barrels & drums and other materials. The paper & paperboard segment is projected to register highest growth at highest CAGR during the forecast period. The use of paper & paperboard material is widely use for packaging material. It is recyclable, cost-effective and preferred by manufacturers & consumers. It helps in maintaining food hygiene and safety. All these factors drive growth in this segment during the forecast period.

Market Insights, by Application

On the basis of application, the eco-friendly food packaging market is segmented into food, convenience food, bakery & confectionary, meat, fish & poultry, fruits & vegetable, dairy products, beverages and others. The food segmented accounted for maximum market share of XX% in 2019. It is projected to register growth at highest CAGR during the forecast period. The eco-friendly packaging in food segment ensures good quality, hygiene, safety of products. These factors are driving growth in the eco-friendly food packaging market.

Regional Insights

Asia-Pacific region is projected to register growth at highest CAGR during the forecast period. The demand for processed and convenient food is increasing immensely in this region due to busy and hectic lifestyle of people. The consumption of ready-to-east food products is increasing due to increase in disposable income, hectic lifestyle and urbanization. In order to protect the environment the government is also regulating stringent laws for using eco-friendly food packaging. The growth in this region is attributed by these factors during the forecast period.

Key Companies & Market Share Insights

The key players in eco-friendly food packaging market are Mondi group, Amcor, Sealed Air Corp., Ball Corp., Tetra Pak, Crown Holdings Inc., Huhtamaki Oyj, BASF, Smurfit Kappa, Westrock, Sonoco Products Company, Evergreen Packaging, Winpak Ltd., Berryv Global, Printpak, Paperfoam, GWP, Sustainable Packaging Industries and Swdbrand Groups.

Segments Covered in the Report

This report forecasts The Eco-Friendly Food Packaging Market, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2026. For the purpose of this study, Our Company has segmented the global eco-friendly food packaging market report on the basis of type, material and application.

Eco-Friendly Food Packaging Market Size & Forecast (2017-2026)

  1. Research Framework
    • Market Definition and Product Overview
    • Market Segmentation
  2. Research Methodology
    • Qualitative Research
      • Primary & Secondary Sources
    • Quantitative Research
      • Primary & Secondary Sources
    • Breakdown of Primary Research Respondents, By Region
      • Secondary Research
      • Primary Research
    • Breakdown of Primary Research Respondents, By Industry Participants
      • Market Size Estimation
      • Assumption for the Study
      • Market Breakdown & Data Triangulation
  1. Executive Summary
    • Market Snapshot
  2. Industry Insights
    • Industry ecosystem analysis
      • Value Chain Analysis
    • Industry impact and forces
      • Growth Drivers
      • Challenges &Restraints
      • Opportunities
    • Disruptive Technological Analysis
    • Regulatory framework
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
    • Growth potential analysis, 2019
    • Porter’s Five forces analysis
    • Pricing Analysis
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
  1. COVID – Impact Analysis
    • North America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • South America
  2. Eco-Friendly Food Packaging Market, By Type, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Degradable Packaging
  • Recycled Content Packaging
  • Reusable Packaging
  1. Eco-Friendly Food Packaging Market, By Material, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Paper & Paperboard
  • Rigid Paper & Paperboard
  • Metal
  • Flexible Paper & Paperboard
  • Flexible Plastic
  • Plastic
  • Rigid Plastic
  • Cans
  • Barrels & Drums
  • Other materials
  1. Eco-Friendly Food Packaging Market, By Application, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Food
  • Convenience Food
  • Bakery & Confectionary
  • Meat
  • Fish & Poultry
  • Fruits & Vegetable
  • Dairy Products
  • Beverages
  • Others
  1. Eco-Friendly Food Packaging Market, By Region, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • North America Market Size & Forecast To 2026
    • Market Overview
    • COVID-19 Impact
    • By Type
    • By Material
    • By Application
    • By Country
      • USA
        • By Application
      • Canada
      • Mexico
    • South America Market Size & Forecast To 2026
      • Market Overview
      • COVID-19 Impact
      • By Type
      • By Material
      • By Application
      • By Country
        • Brazil
          • By Application
        • Argentina
        • Chile
        • Rest of South America
      • Europe Market Size & Forecast To 2026
        • Market Overview
        • COVID-19 Impact
        • By Type
        • By Material
        • By Application
        • By Country
          • UK
            • By Application
          • Germany
          • France
          • Italy
          • Rest of Europe
        • APAC Market Size & Forecast To 2026
          • Market Overview
          • COVID-19 Impact
          • By Type
          • By Material
          • By Application
          • By Country
            • China
              • By Application
            • India
            • Japan
            • South Korea
            • Australia
            • Rest of APAC
          • Middle East & Africa Market Size & Forecast To 2026
            • Market Overview
            • COVID-19 Impact
            • By Type
            • By Material
            • By Application
            • By Country
              • Saudi Arabia
                • By Application
              • UAE
              • Qatar
              • Kuwait
              • South Africa
              • Rest of Middle East & Africa
  1. Competitive Landscaping
    • Competitive Benchmarking
      • Market Share Analysis, 2019
      • Global Presence and Growth Strategies
        • Mergers & Acquisitions
        • New Product Launches
        • Investments Trends
        • R&D Initiatives
  1. Company Profile
    • Sustainable Packaging Industries
      • Company Overview
      • Financial Overview
      • Product Portfolio
      • Recent Developments
      • SWOT Analysis
      • Strategic Outlook
    • Mondi group
    • Amcor
    • Sealed Air Corp.
    • Ball Corp.
    • Tetra Pak
    • Crown Holdings Inc.
    • Huhtamaki Oyj
    • BASF
    • Smurfit Kappa
    • Westrock
    • Sonoco Products Company
    • Evergreen Packaging
    • Winpak Ltd.
    • Berryv Global
    • GWP
  2. Appendix
    • Interrelated Market

Research Methodology

1.1     Research Methodology

The process of market research at PAN Market Consulting is very intuitive being iterative in nature and usually follows the path where Information gathered from secondary research is used to build data models, which are than validated from primary participants. Then same cycle repeats where, according to inputs from primary participants, additional secondary research is done, and new information type is again incorporated into data model. The process continues till desired level of information is not generated.

To calculate the market size, the report considers the revenue generated from the sales of the product/services. The revenue generated from the sales of product/services has been calculated through primary and secondary research. The report also analyses the key players operating in the market at the global level which are identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes product segmentation determined using secondary sources and verified through primary sources.

1.2     Secondary Research

The secondary research source that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent and regulatory databases
  • National government documents, statistical databases and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market

The source for secondary research includes but is not limited to Factiva, Hoovers and Statista

SecondaryResearch

1.3     Primary Research

We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following end users:

  • It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/ product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry end users

1.4     Models

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data products to produce estimates:

  • Demographic data: Population split by segment
  • Macro-economic indicators: GDP, etc.
  • Industry indicators: Expenditure, product stage & infrastructure, sector growth and facilities.

Data is then cross checked by the expert panel.

1.4.1 Company Share Analysis Model

Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:

ResearchMethodology1

1.4.2 Revenue Based Modeling

Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach whereas it acts as starting point for top-down approach.

ResearchMethodology2

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