Global ‘sustainable packaging’ market 2015-2020

16 November 2015

According to a new report by MarketsandMarkets (M&M), the global sustainable packaging market was valued at USD 201.60 Billion in 2014, at USD 303.60 Billion by 2020, and is projected to grow at a CAGR of 7.17% from 2015 to 2020. Factors such as stringent laws regarding sustainability, growing packaging industry, and change in consumer preferences towards sustainable and eco-friendly packaging materials drive the market. Growth in the economically improving Asia-Pacific region provides an opportunity to the market to grow even further. Overcoming the problems caused due to fluctuations of raw material prices is a challenge faced by the market (Press Release M&M, 28 October 2015).
Click here for the press release.
Click here for more information about the report.
Click here for more information about the NVC E-Workshop Sustainable Innovation in Packaging.

If you have any questions about this subject, please contact us: info@nvc.nl, +31-(0)182-512411. This item is also included in our monthly overview, the NVC Members-only Update.