TechNavio recognizes the following companies as the key players in the Global Green (Sustainable) Packaging Market: Amcor Ltd., Tetra Laval International S.A., Ball Corp., Bemis Co. Inc., Sealed Air Corp., and Sonoco Products Co.
Commenting on the report, an analyst from TechNavio’s Clean Technology team said: ”The increase in R and D in green packaging is one of the major factors driving the growth of the market. Currently, many government organizations, non-government organizations, industry bodies, educational institutes, and research institutes are involved in the R and D of innovative ways of green packaging. For instance, the University of Bath in Western England piloted a research project on form fill and seal green packaging, which are generally used for packaging food items such as rice, pasta, and potato chips. Research is also being conducted on the usage of banana fiber in the development of green packaging used for packaging different food products. The increasing focus on R and D has a positive trend that is expected to propel the growth of the Global Green (Sustainable) Packaging market during the forecast period.”
According to the report, one of the major drivers in this market is increasing environmental concerns. There is growing awareness and concern related to environmental hazards such as fire, land contamination, and air pollution that are caused due to the unmanaged dumping of packaging waste.
Further, the report states that one of the major challenges in this market is the capacity reduction and transportation risks associated with green packaging. Green packaging reduces the optimum utilization of shipment capacity since green packaged products are lighter and smaller. The lighter, smaller and more fragile nature of the packages could lead to damage during transportation.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Associated Packaging Technologies Inc., Biopack Environmental Solutions Inc., Cereplast Inc., Constar International Inc., Crown Holdings Inc., DuPont de Nemours and Co., Earthcycle Packaging Ltd., EnviroPAK Corp., Fabri-Kal Corp., Georgia-Pacific LLC, Graphic Packaging Holding Co., Huhtamaki Oyj, Innovia Films Inc., MeadWestvaco Corp., Metabolix Inc., NatureWorks LLC, Owens-Illinois Inc., Pactiv, Plantic Technologies Ltd., Plastipak Packaging Inc., Rexam plc, and Saint-Gobain S.A.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-green-sustainable-packaging-mark…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/clean-technology
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TechNavio Announces the Publication of its Research Report “ Global Green (Sustainable) Packaging Market 2012-2016
