According to the latest report by IMARC Group, titled “United States Green Packaging Market Share: Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026,” the market is expected to continue its moderate growth in the forecast period (2021-2026).
Green packaging is a sustainable packaging solution that uses specialized production techniques to minimize environmental degradation. The manufacturing process of green packaging items involves the utilization of numerous recyclable and biodegradable materials, such as Styrofoam, bioplastics, recycled paper, etc. Compared to the traditionally used synthetic packaging, green packaging offers easier disposal, lower carbon footprints, better flexibility, versatility, etc. Owing to these benefits, these packaging materials are widely used across various industries like food and beverage, healthcare, personal care, etc.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
United States Green Packaging Market Trends:
The rising environmental concerns and shifting consumer preferences toward thinner, lighter, and eco-friendly packaging solutions are currently driving the United States green packaging market. Furthermore, the implementation of stringent government policies for minimizing the use of plastics is encouraging the application of alternative packaging, including paper and aluminum foil. Moreover, the growing utilization of reusable materials for packaging ready-to-eat and processed food products is also augmenting the product demand. Apart from this, extensive research and development activities have led to the emergence of new and innovative green packaging materials, such as bio-based resins. This, in turn, is anticipated to further strengthen the market growth in the coming years.
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United States Green Packaging Market 2021-2026 Analysis and Segmentation:
The report has segmented the market on the basis on region, packaging type, end use industry.
Breakup by Packaging Type:
- Recycled Content Packaging
- Paper
- Plastic
- Metal
- Glass
- Others
- Reusable Packaging
- Drum
- Plastic Container
- Others
- Degradable Packaging
Breakup by End Use Industry:
- Food Industry
- Beverage Industry
- Healthcare Industry
- Personal Care Industry
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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