Global Green Packaging Market to Reach $238.39 Billion by 2023, Driven by Expanding Demand for Food & Beverages - ResearchAndMarkets.com
The global green packaging market is poised for significant growth, with a projected value of US$238.39 billion by 2023, exhibiting a robust CAGR of 6.44% during the forecast period.
- The global green packaging market is poised for significant growth, with a projected value of US$238.39 billion by 2023, exhibiting a robust CAGR of 6.44% during the forecast period.
- Green packaging plays a pivotal role in achieving sustainability goals across various sectors, including e-commerce, logistics, and food packaging.
- The global green packaging market is categorized into three key segments based on packaging type: Recycled Content Packaging, Reusable Packaging, and Degradable Packaging.
- Recycled Content Packaging leads the market, driven by increasing demand for bioplastics and government regulations promoting eco-friendly practices.