For business leaders, corporate strategists, and growth-focused teams – this report delivers deep market intelligence, forecasts, segmentation, and competitor insights to guide your decisions through 2034.
What are the growth projections for the recyclable packaging market from 2024 to 2029?
The recyclable packaging market size has grown strongly in recent years. It will grow from $31.6 billion in 2024 to $33.34 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to environmental awareness and sustainability, growth in consumer demand for eco-friendly products, expansion of the circular economy and recycling infrastructure, development of eco-conscious packaging materials, regulatory standards for recycling and waste reduction.
The recyclable packaging market size is expected to see strong growth in the next few years. It will grow to $43.65 billion in 2029 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to customized recyclable packaging solutions for specific products, integration of smart packaging and traceability, sustainable and biodegradable packaging materials, expansion in zero-waste and closed-loop packaging, and adoption of reusable and refillable packaging concepts. Major trends in the forecast period include regulatory compliance in recyclable packaging standards, smart and interactive recyclable packaging solutions, personalized packaging for individual consumer preferences, transparency in packaging material sourcing and disposal, integration of ai in sustainable packaging design.
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What strategic initiatives by market players are driving recyclable packaging industry growth?
Increasing stringent regulations for adopting recycling packaging materials is expected to propel the growth of the recyclable packaging market going forward. The government across the globe are implementing stringent regulations for the adoption of recyclable packaging materials to reduce the landfill of plastics, maintain effective waste management, and generate sustainable business practices. For instance, in October 2022, according to Australian Packaging Covenant Organization, Environment Ministers’ Meeting, ministers agreed to reform the regulation of packaging by 2025, to ensure that all packaging available in Australia is designed to be recovered, reused, recycled and reprocessed safely in line with circular economy principles. Reforming the regulation of packaging in Australia presents a significant opportunity to improve the way our packaging is designed and accelerate material circularity for the 6.3 million tonnes of packaging placed on the Australian market every year. Therefore, increasingly strict rules for adopting recycling packaging materials are expected to boost the demand for recyclable packaging during the forecast period.
What emerging segments are shaping the future landscape of the recyclable packaging industry?
The recyclable packaging market covered in this report is segmented –
1) By Type Of Packaging: Paper and Cardboard, Bubble Wrap, Void-fill Packing, Pouches and Envelopes
2) By Material type: Glass, Paper, Plastic, Tinplate, Wood, Aluminum, Biodegradable Plastics, Recycled Papers
3) By End Use Industry: Healthcare Industry, Food and Beverage Industry, Personal Care Industry
Subsegments:
1) By Paper and Cardboard: Corrugated Boxes, Folding Cartons, Paper Bags, Bubble Wrap
2) By Standard Bubble Wrap: Biodegradable Bubble Wrap, Void-fill Packing
3) By Air Pillows: Loose Fill Peanuts, Molded Paper
4) By Pouches and Envelopes: Stand-up Pouches, Flat Pouches, Kraft Paper Envelopes
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What future trends will impact the direction of the recyclable packaging industry?
Eco-friendly packaging has emerged as a key trend in the recyclable packaging market. Eco-friendly packaging is biodegradable recyclable, reusable, non-toxic, and constructed from recycled items. The use of eco-friendly packaging decreases carbon footprint and promotes green living that helps to conserve energy and also prevents air, water, and noise pollution. For instance, in November 2023, Berry Global Group, Inc., a US-based manufacturer of plastic packaging products, launched a new line of reusable bottles made entirely from post-consumer recycled plastic (PCR) for The Bio-D Co., a UK-based company focused on environmentally friendly cleaning products. The bottles, available in sizes of 25 ounces, 33 ounces, and 1.3 gallons, are designed for Bio-D’s liquid products such as laundry detergent, fabric conditioner, dishwasher rinse aid, dish soap, and home and garden cleaner. As part of Bio-D’s commitment to providing natural, non-toxic cleaning alternatives, these PCR bottles can be refilled at over 300 refill stores across the UK. At the end of their life cycle, the bottles are recyclable, helping reduce annual CO2 emissions by 14.3 tons compared to using virgin plastic.
How are key players in the recyclable packaging market strengthening their market position?
Major companies operating in the recyclable packaging market include Amcor PLC, Tetra Laval International SA, Ardagh Group SA, Ball Corporation, Elopak AS, DuPont de Nemours Inc., Mondi Plc, Sealed Air Corp, Plastipak Holdings Inc., Uflex Ltd., David S. Smith Plc, Smurfit Kappa Group Plc, WestRock Co., Huhtamaki Group, Berry Global Group Inc., Gerresheimer Group AG, Sonoco Products Company, Crown Cork & Seal Company Inc., International Paper and Power Corp, Stora Enso Oyj, Graphic Packaging Holding Company, Reynolds Group Holdings Ltd., National Amalgamated Packaging Ltd., BWAY Corporation, Silgan Holdings Inc., AptarGroup Inc., Owens-Illinois Inc., Greif Inc., Pratt Holdings Proprietary Ltd., Evergreen Packaging LLC
Which geographic areas are contributing significantly to the growth of the recyclable packaging sector?
Western Europe was the largest region in the recyclable packaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the recyclable packaging market share during the forecast period. The regions covered in the recyclable packaging market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
How Can Companies Use The Recyclable Packaging Market Report to Drive Business Results?
This report provides actionable insights tailored for business use—not academic analysis. Companies can leverage the data to:
• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.
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