Green Packaging Market is Anticipated to Witness High Growth Owing to Growing Environmental Concerns
Green Packaging Market Green packaging offers environmental-friendly packages and packaging materials that are made of biodegradable, recyclable, reusable and raw materials from renewable sources. The demand for green packaging is growing significantly owing to stringent government regulations regarding environmental protection and disposal of plastic waste. Growing consumer awareness about environmental issues and demand for sustainability is further driving the market growth. The global green packaging market is estimated to be valued at US$ 251524.92 Bn in 2024 and is expected to exhibit a CAGR of 6.3% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the Green Packaging are Caterpillar Inc., Cummins Inc., Generac Power Systems Inc., Kohler Co., MTU Onsite Energy Corporation, Himoinsa S.L., Atlas Copco AB, Mitsubishi Heavy Industries Ltd., Briggs & Stratton Corporation, Schneider Electric SE, Eaton Corporation, Aggreko plc, Wärtsilä Corporation,