The Carbon-Negative Packaging Market size is projected to be valued at USD 77.0 million in 2023 and is expected to rise to USD 145.0 million by 2033. The sales of carbon-negative packaging are projected to expand at a significant CAGR of 6.5% during the forecast period.
The packaging industry has been facing significant challenges due to its detrimental environmental effects. Traditional packaging materials, such as plastics and metals, contribute to pollution, resource depletion, and climate change.
The need for alternative packaging solutions that minimize these negative impacts has become increasingly urgent.
Carbon-negative packaging has emerged as a novel strategy that tries to reduce the environmental impact of standard packaging materials while also contributing to sustainability efforts.
What is Carbon-negative Packaging?
Carbon-negative packaging goes beyond simply reducing carbon emissions; it actively removes carbon from the atmosphere that it emits during its entire life cycle. This innovative approach involves using materials and processes that sequester carbon, resulting in a net reduction of greenhouse gas emissions.
Key Benefits of Carbon-negative Packaging?
Carbon Footprint Reduction: Packaging can efficiently minimize its carbon footprint by utilizing carbon-negative materials and techniques. This aids in the fight against climate change and contributes to worldwide efforts to achieve carbon neutrality.
Contribution to Climate Change: Carbon-negative packaging plays an important role in tackling climate change concerns by actively removing carbon dioxide from the atmosphere. This contributes to the stabilization and reduction of greenhouse gas concentrations, resulting in a healthy planet.
Positive Environmental and Social Impact: Carbon-negative packaging supports environmental stewardship and sustainability. It promotes the use of renewable resources, helps local communities by procuring locally, and decreases pollution and waste.
Carbon-Negative Packaging Technologies
Carbon Capture and Storage: Carbon emissions are captured and stored using advanced technology during the manufacturing and use of packaging materials. The trapped carbon is subsequently buried or repurposed for other uses, preventing it from escaping the atmosphere.
Life Cycle Assessment and Analysis: Comprehensive life cycle analyses assist in determining the environmental impact of packaging materials and processes. Packaging designers may make informed judgments to reduce carbon emissions by analyzing the full life cycle, from raw material extraction through disposal.
Sustainable Manufacturing and Distribution: Carbon-negative packaging entails optimizing manufacturing and distribution processes to reduce energy usage, waste generation, and transportation emissions. Implementing renewable energy and efficient logistics helps to achieve carbon negative.
Attribute | Details |
---|---|
Carbon-negative Packaging Market Estimated Size (2023) | USD 77.0 million |
Carbon-negative Packaging Market CAGR (2023 to 2033) | 6.5% |
Carbon-negative Packaging Market Forecasted Size (2033) | USD 145.0 million |
Historically, the growing awareness of environmental issues and the necessity for sustainable packaging solutions drove the need for carbon-negative packaging. Consumers, governments, and corporations began to recognize the negative environmental effects of traditional packaging materials, resulting in a shift in preferences toward eco-friendly alternatives.
In the future, the carbon-negative packaging market is predicted to increase significantly and boost sales prospects. Additionally, the need to address climate change and environmental challenges is projected to become pressing.
As organizations and consumers seek solutions that actively decrease carbon emissions and contribute to sustainability, demand for carbon-negative packaging is likely to rise.
Governments around the world are going to impose strict restrictions and offer incentives to encourage the adoption of sustainable packaging practices. Businesses across various industries are increasingly integrating sustainability into their corporate strategies.
Moreover, with sustainability becoming a key differentiator, companies invest in carbon-negative packaging to meet their sustainability goals, enhance their brand reputation, and capture consumer loyalty.
According to FMI, the market is likely to witness a growth rate of 6.5% between 2023 and 2033, in comparison to 3.7% from 2018 to 2022.
Investing in the carbon-negative packaging industry can help organizations gain a competitive advantage, increase supply chain efficiency, and satisfy sustainability goals.
Here are several strategies that can facilitate business expansion and success:
Bioplastics are one of the packaging materials that have a substantial market share in the carbon-negative packaging sector. Bioplastics are made from renewable resources such as corn flour, sugarcane, or cellulose, and they have various environmental advantages.
Given their biodegradability, composability, and small carbon footprint, they have gained favor as a viable alternative to standard plastics.
Bioplastics have been widely used in a variety of industries, including food and beverage, personal care, and consumer product packaging. Their adaptability and compatibility with existing packaging methods have helped them gain market share.
Furthermore, advances in bioplastic technology have resulted in great performance and increased adoption by businesses and consumers alike.
In the food and beverage business, carbon-negative packaging solutions frequently focus on materials such as bioplastics, compostable materials, and alternative packaging options.
These materials offer biodegradability, low carbon emissions, and functional packaging qualities. These materials further help to maintain the freshness and quality of food and beverages while reducing their environmental impact.
The food and beverage industry has been aggressive in adopting sustainable practices and resolving packaging-related environmental concerns. Many organizations in this area have ambitious sustainability goals and are actively exploring carbon-negative packaging solutions to satisfy these goals and remain competitive.
The region's well-established food and beverage industry has played a critical role in encouraging carbon-negative packaging usage. Food manufacturers, retailers, and restaurants in North America have recognized the need for sustainable packaging practices in meeting consumer expectations while reducing their environmental imprint.
The legislative environment in North America has been favorable to sustainable packaging initiatives. Regulations and guidelines aiming at reducing carbon emissions and promoting sustainable practices have been adopted in both the United States and Canada.
These restrictions have motivated enterprises to use carbon-negative packaging solutions, increasing the region's market share of such packaging materials.
In Europe, the food and beverage industry has been a significant driver of carbon-negative packaging usage. Consumers in the region place a premium on eco-friendly packaging and actively seek products with a low environmental impact.
Governments of Europe have enacted tough legislation and procedures for extended producer responsibility (EPR) to encourage sustainable packaging practices. These rules, such as the European Green Deal and the Circular Economy Action Plan, encourage businesses to use low-carbon packaging materials and technologies.
The convergence of rules and consumer demand has increased the market share of carbon-negative packaging in Europe.
Many governments in Asia Pacific area have implemented environmental rules and legislation that support sustainable packaging practices. These initiatives encourage firms to use carbon-negative packaging and fund research and development in environment-friendly materials and technology.
The region's increasing middle class has purchasing power and strong expectations for environment-friendly products and packaging. This demographic transition has increased demand for carbon-neutral packaging solutions, particularly in the food and beverage industry.
There is a great demand for packaging materials that are both protective and environment-friendly with the advent of e-commerce in Asia Pacific.
Several key players and emerging companies are actively involved in developing and providing carbon-negative packaging options. Many startups and innovative ventures have entered the carbon-negative packaging market, focusing specifically on developing sustainable packaging materials and technologies.
These companies bring fresh ideas and disruptive solutions, often utilizing bioplastics, compostable materials, and other innovative approaches to reduce carbon emissions and environmental impact.
Competition is expected to intensify, leading to further innovations and improvements in carbon-negative packaging solutions as the market continues to grow. Market players that can differentiate themselves through product quality, sustainability credentials, cost-effectiveness, and responsive customer service are likely to thrive in this competitive landscape.
Latest Developments
Attribute | Details |
---|---|
Growth Rate | CAGR of 6.5% from 2023 to 2033 |
Base Year of Estimation | 2023 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in USD million and Volume in Units and F-CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, growth factors, Trends, and Pricing Analysis |
Key Segments Covered | By Packaging Material, By End User Industry, By Region |
Regions Covered | North America; Latin America; Europe; East Asia; South Asia; The Middle East & Africa; Oceania |
Key Countries Profiled | The United States, Canada, Brazil, Mexico, Germany, Italy, France, The United Kingdom, Spain, Russia, China, Japan, India, GCC Countries, Australia |
Key Companies Profiled | Phillips Carbon Black Limited; Birla Carbon USA, Inc.; Continental Carbon India Limited; Cabot Corporation; Tokai Carbon Group (Cancarb); Sealed Air Corporation; Pregis Corporation; DS Smith Plc; Achilles Corporation; Delphon Industries, LLC; Smurfit Kappa Group; Storopack Hans Reichenecker GmbH; Desco Industries Inc.; Nefab Group; Teknis Limited, Elcom (United Kingdom) Ltd.; GWP Group Limited; International Plastics Inc.; AUER Packaging GmbH; Pure-Stat Engineered Technologies, Inc.; Protective Packaging Corporation; Key Segments |
Customization & Pricing | Available upon Request |
Table 1: Global Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Volume (Tonnes) Forecast by Region, 2018 to 2033
Table 3: Global Value (US$ Million) Forecast by Material, 2018 to 2033
Table 4: Global Volume (Tonnes) Forecast by Material, 2018 to 2033
Table 5: Global Value (US$ Million) Forecast by Packaging Formats, 2018 to 2033
Table 6: Global Volume (Tonnes) Forecast by Packaging Formats, 2018 to 2033
Table 7: Global Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 8: Global Volume (Tonnes) Forecast by End Use, 2018 to 2033
Table 9: North America Value (US$ Million) Forecast by Country, 2018 to 2033
Table 10: North America Volume (Tonnes) Forecast by Country, 2018 to 2033
Table 11: North America Value (US$ Million) Forecast by Material, 2018 to 2033
Table 12: North America Volume (Tonnes) Forecast by Material, 2018 to 2033
Table 13: North America Value (US$ Million) Forecast by Packaging Formats, 2018 to 2033
Table 14: North America Volume (Tonnes) Forecast by Packaging Formats, 2018 to 2033
Table 15: North America Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 16: North America Volume (Tonnes) Forecast by End Use, 2018 to 2033
Table 17: Latin America Value (US$ Million) Forecast by Country, 2018 to 2033
Table 18: Latin America Volume (Tonnes) Forecast by Country, 2018 to 2033
Table 19: Latin America Value (US$ Million) Forecast by Material, 2018 to 2033
Table 20: Latin America Volume (Tonnes) Forecast by Material, 2018 to 2033
Table 21: Latin America Value (US$ Million) Forecast by Packaging Formats, 2018 to 2033
Table 22: Latin America Volume (Tonnes) Forecast by Packaging Formats, 2018 to 2033
Table 23: Latin America Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 24: Latin America Volume (Tonnes) Forecast by End Use, 2018 to 2033
Table 25: Europe Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Europe Volume (Tonnes) Forecast by Country, 2018 to 2033
Table 27: Europe Value (US$ Million) Forecast by Material, 2018 to 2033
Table 28: Europe Volume (Tonnes) Forecast by Material, 2018 to 2033
Table 29: Europe Value (US$ Million) Forecast by Packaging Formats, 2018 to 2033
Table 30: Europe Volume (Tonnes) Forecast by Packaging Formats, 2018 to 2033
Table 31: Europe Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 32: Europe Volume (Tonnes) Forecast by End Use, 2018 to 2033
Table 33: East Asia Value (US$ Million) Forecast by Country, 2018 to 2033
Table 34: East Asia Volume (Tonnes) Forecast by Country, 2018 to 2033
Table 35: East Asia Value (US$ Million) Forecast by Material, 2018 to 2033
Table 36: East Asia Volume (Tonnes) Forecast by Material, 2018 to 2033
Table 37: East Asia Value (US$ Million) Forecast by Packaging Formats, 2018 to 2033
Table 38: East Asia Volume (Tonnes) Forecast by Packaging Formats, 2018 to 2033
Table 39: East Asia Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 40: East Asia Volume (Tonnes) Forecast by End Use, 2018 to 2033
Table 41: South Asia Value (US$ Million) Forecast by Country, 2018 to 2033
Table 42: South Asia Volume (Tonnes) Forecast by Country, 2018 to 2033
Table 43: South Asia Value (US$ Million) Forecast by Material, 2018 to 2033
Table 44: South Asia Volume (Tonnes) Forecast by Material, 2018 to 2033
Table 45: South Asia Value (US$ Million) Forecast by Packaging Formats, 2018 to 2033
Table 46: South Asia Volume (Tonnes) Forecast by Packaging Formats, 2018 to 2033
Table 47: South Asia Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 48: South Asia Volume (Tonnes) Forecast by End Use, 2018 to 2033
Table 49: Oceania Value (US$ Million) Forecast by Country, 2018 to 2033
Table 50: Oceania Volume (Tonnes) Forecast by Country, 2018 to 2033
Table 51: Oceania Value (US$ Million) Forecast by Material, 2018 to 2033
Table 52: Oceania Volume (Tonnes) Forecast by Material, 2018 to 2033
Table 53: Oceania Value (US$ Million) Forecast by Packaging Formats, 2018 to 2033
Table 54: Oceania Volume (Tonnes) Forecast by Packaging Formats, 2018 to 2033
Table 55: Oceania Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 56: Oceania Volume (Tonnes) Forecast by End Use, 2018 to 2033
Table 57: MEA Value (US$ Million) Forecast by Country, 2018 to 2033
Table 58: MEA Volume (Tonnes) Forecast by Country, 2018 to 2033
Table 59: MEA Value (US$ Million) Forecast by Material, 2018 to 2033
Table 60: MEA Volume (Tonnes) Forecast by Material, 2018 to 2033
Table 61: MEA Value (US$ Million) Forecast by Packaging Formats, 2018 to 2033
Table 62: MEA Volume (Tonnes) Forecast by Packaging Formats, 2018 to 2033
Table 63: MEA Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 64: MEA Volume (Tonnes) Forecast by End Use, 2018 to 2033
Figure 1: Global Value (US$ Million) by Material, 2023 to 2033
Figure 2: Global Value (US$ Million) by Packaging Formats, 2023 to 2033
Figure 3: Global Value (US$ Million) by End Use, 2023 to 2033
Figure 4: Global Value (US$ Million) by Region, 2023 to 2033
Figure 5: Global Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 6: Global Volume (Tonnes) Analysis by Region, 2018 to 2033
Figure 7: Global Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 8: Global Carbon-negative Packaging Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 9: Global Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 10: Global Volume (Tonnes) Analysis by Material, 2018 to 2033
Figure 11: Global Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 12: Global Carbon-negative Packaging Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 13: Global Value (US$ Million) Analysis by Packaging Formats, 2018 to 2033
Figure 14: Global Volume (Tonnes) Analysis by Packaging Formats, 2018 to 2033
Figure 15: Global Value Share (%) and BPS Analysis by Packaging Formats, 2023 to 2033
Figure 16: Global Carbon-negative Packaging Y-o-Y Growth (%) Projections by Packaging Formats, 2023 to 2033
Figure 17: Global Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 18: Global Volume (Tonnes) Analysis by End Use, 2018 to 2033
Figure 19: Global Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 20: Global Carbon-negative Packaging Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 21: Global Attractiveness by Material, 2023 to 2033
Figure 22: Global Attractiveness by Packaging Formats, 2023 to 2033
Figure 23: Global Attractiveness by End Use, 2023 to 2033
Figure 24: Global Attractiveness by Region, 2023 to 2033
Figure 25: North America Value (US$ Million) by Material, 2023 to 2033
Figure 26: North America Value (US$ Million) by Packaging Formats, 2023 to 2033
Figure 27: North America Value (US$ Million) by End Use, 2023 to 2033
Figure 28: North America Value (US$ Million) by Country, 2023 to 2033
Figure 29: North America Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 30: North America Volume (Tonnes) Analysis by Country, 2018 to 2033
Figure 31: North America Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 32: North America Carbon-negative Packaging Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 33: North America Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 34: North America Volume (Tonnes) Analysis by Material, 2018 to 2033
Figure 35: North America Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 36: North America Carbon-negative Packaging Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 37: North America Value (US$ Million) Analysis by Packaging Formats, 2018 to 2033
Figure 38: North America Volume (Tonnes) Analysis by Packaging Formats, 2018 to 2033
Figure 39: North America Value Share (%) and BPS Analysis by Packaging Formats, 2023 to 2033
Figure 40: North America Carbon-negative Packaging Y-o-Y Growth (%) Projections by Packaging Formats, 2023 to 2033
Figure 41: North America Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 42: North America Volume (Tonnes) Analysis by End Use, 2018 to 2033
Figure 43: North America Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 44: North America Carbon-negative Packaging Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 45: North America Attractiveness by Material, 2023 to 2033
Figure 46: North America Attractiveness by Packaging Formats, 2023 to 2033
Figure 47: North America Attractiveness by End Use, 2023 to 2033
Figure 48: North America Attractiveness by Country, 2023 to 2033
Figure 49: Latin America Value (US$ Million) by Material, 2023 to 2033
Figure 50: Latin America Value (US$ Million) by Packaging Formats, 2023 to 2033
Figure 51: Latin America Value (US$ Million) by End Use, 2023 to 2033
Figure 52: Latin America Value (US$ Million) by Country, 2023 to 2033
Figure 53: Latin America Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 54: Latin America Volume (Tonnes) Analysis by Country, 2018 to 2033
Figure 55: Latin America Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 56: Latin America Carbon-negative Packaging Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 57: Latin America Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 58: Latin America Volume (Tonnes) Analysis by Material, 2018 to 2033
Figure 59: Latin America Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 60: Latin America Carbon-negative Packaging Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 61: Latin America Value (US$ Million) Analysis by Packaging Formats, 2018 to 2033
Figure 62: Latin America Volume (Tonnes) Analysis by Packaging Formats, 2018 to 2033
Figure 63: Latin America Value Share (%) and BPS Analysis by Packaging Formats, 2023 to 2033
Figure 64: Latin America Carbon-negative Packaging Y-o-Y Growth (%) Projections by Packaging Formats,2023 to 2033
Figure 65: Latin America Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 66: Latin America Volume (Tonnes) Analysis by End Use, 2018 to 2033
Figure 67: Latin America Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 68: Latin America Carbon-negative Packaging Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 69: Latin America Attractiveness by Material, 2023 to 2033
Figure 70: Latin America Attractiveness by Packaging Formats, 2023 to 2033
Figure 71: Latin America Attractiveness by End Use, 2023 to 2033
Figure 72: Latin America Attractiveness by Country, 2023 to 2033
Figure 73: Europe Value (US$ Million) by Material, 2023 to 2033
Figure 74: Europe Value (US$ Million) by Packaging Formats, 2023 to 2033
Figure 75: Europe Value (US$ Million) by End Use, 2023 to 2033
Figure 76: Europe Value (US$ Million) by Country, 2023 to 2033
Figure 77: Europe Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 78: Europe Volume (Tonnes) Analysis by Country, 2018 to 2033
Figure 79: Europe Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 80: Europe Carbon-negative Packaging Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 81: Europe Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 82: Europe Volume (Tonnes) Analysis by Material, 2018 to 2033
Figure 83: Europe Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 84: Europe Carbon-negative Packaging Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 85: Europe Value (US$ Million) Analysis by Packaging Formats, 2018 to 2033
Figure 86: Europe Volume (Tonnes) Analysis by Packaging Formats, 2018 to 2033
Figure 87: Europe Value Share (%) and BPS Analysis by Packaging Formats,2023 to 2033
Figure 88: Europe Carbon-negative Packaging Y-o-Y Growth (%) Projections by Packaging Formats, 2023 to 2033
Figure 89: Europe Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 90: Europe Volume (Tonnes) Analysis by End Use, 2018 to 2033
Figure 91: Europe Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 92: Europe Carbon-negative Packaging Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 93: Europe Attractiveness by Material, 2023 to 2033
Figure 94: Europe Attractiveness by Packaging Formats, 2023 to 2033
Figure 95: Europe Attractiveness by End Use, 2023 to 2033
Figure 96: Europe Attractiveness by Country, 2023 to 2033
Figure 97: East Asia Value (US$ Million) by Material, 2023 to 2033
Figure 98: East Asia Value (US$ Million) by Packaging Formats, 2023 to 2033
Figure 99: East Asia Value (US$ Million) by End Use, 2023 to 2033
Figure 100: East Asia Value (US$ Million) by Country, 2023 to 2033
Figure 101: East Asia Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 102: East Asia Volume (Tonnes) Analysis by Country, 2018 to 2033
Figure 103: East Asia Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 104: East Asia Carbon-negative Packaging Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 105: East Asia Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 106: East Asia Volume (Tonnes) Analysis by Material, 2018 to 2033
Figure 107: East Asia Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 108: East Asia Carbon-negative Packaging Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 109: East Asia Value (US$ Million) Analysis by Packaging Formats, 2018 to 2033
Figure 110: East Asia Volume (Tonnes) Analysis by Packaging Formats, 2018 to 2033
Figure 111: East Asia Value Share (%) and BPS Analysis by Packaging Formats, 2023 to 2033
Figure 112: East Asia Carbon-negative Packaging Y-o-Y Growth (%) Projections by Packaging Formats, 2023 to 2033
Figure 113: East Asia Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 114: East Asia Volume (Tonnes) Analysis by End Use, 2018 to 2033
Figure 115: East Asia Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 116: East Asia Carbon-negative Packaging Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 117: East Asia Attractiveness by Material, 2023 to 2033
Figure 118: East Asia Attractiveness by Packaging Formats, 2023 to 2033
Figure 119: East Asia Attractiveness by End Use, 2023 to 2033
Figure 120: East Asia Attractiveness by Country, 2023 to 2033
Figure 121: South Asia Value (US$ Million) by Material, 2023 to 2033
Figure 122: South Asia Value (US$ Million) by Packaging Formats, 2023 to 2033
Figure 123: South Asia Value (US$ Million) by End Use, 2023 to 2033
Figure 124: South Asia Value (US$ Million) by Country, 2023 to 2033
Figure 125: South Asia Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 126: South Asia Volume (Tonnes) Analysis by Country, 2018 to 2033
Figure 127: South Asia Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 128: South Asia Carbon-negative Packaging Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 129: South Asia Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 130: South Asia Volume (Tonnes) Analysis by Material, 2018 to 2033
Figure 131: South Asia Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 132: South Asia Carbon-negative Packaging Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 133: South Asia Value (US$ Million) Analysis by Packaging Formats, 2018 to 2033
Figure 134: South Asia Volume (Tonnes) Analysis by Packaging Formats, 2018 to 2033
Figure 135: South Asia Value Share (%) and BPS Analysis by Packaging Formats, 2023 to 2033
Figure 136: South Asia Carbon-negative Packaging Y-o-Y Growth (%) Projections by Packaging Formats, 2023 to 2033
Figure 137: South Asia Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 138: South Asia Volume (Tonnes) Analysis by End Use, 2018 to 2033
Figure 139: South Asia Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 140: South Asia Carbon-negative Packaging Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 141: South Asia Attractiveness by Material, 2023 to 2033
Figure 142: South Asia Attractiveness by Packaging Formats, 2023 to 2033
Figure 143: South Asia Attractiveness by End Use, 2023 to 2033
Figure 144: South Asia Attractiveness by Country, 2023 to 2033
Figure 145: Oceania Value (US$ Million) by Material, 2023 to 2033
Figure 146: Oceania Value (US$ Million) by Packaging Formats, 2023 to 2033
Figure 147: Oceania Value (US$ Million) by End Use, 2023 to 2033
Figure 148: Oceania Value (US$ Million) by Country, 2023 to 2033
Figure 149: Oceania Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 150: Oceania Volume (Tonnes) Analysis by Country, 2018 to 2033
Figure 151: Oceania Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 152: Oceania Carbon-negative Packaging Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 153: Oceania Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 154: Oceania Volume (Tonnes) Analysis by Material, 2018 to 2033
Figure 155: Oceania Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 156: Oceania Carbon-negative Packaging Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 157: Oceania Value (US$ Million) Analysis by Packaging Formats, 2018 to 2033
Figure 158: Oceania Volume (Tonnes) Analysis by Packaging Formats, 2018 to 2033
Figure 159: Oceania Value Share (%) and BPS Analysis by Packaging Formats, 2023 to 2033
Figure 160: Oceania Carbon-negative Packaging Y-o-Y Growth (%) Projections by Packaging Formats, 2023 to 2033
Figure 161: Oceania Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 162: Oceania Volume (Tonnes) Analysis by End Use, 2018 to 2033
Figure 163: Oceania Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 164: Oceania Carbon-negative Packaging Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 165: Oceania Attractiveness by Material, 2023 to 2033
Figure 166: Oceania Attractiveness by Packaging Formats, 2023 to 2033
Figure 167: Oceania Attractiveness by End Use, 2023 to 2033
Figure 168: Oceania Attractiveness by Country, 2023 to 2033
Figure 169: MEA Value (US$ Million) by Material, 2023 to 2033
Figure 170: MEA Value (US$ Million) by Packaging Formats, 2023 to 2033
Figure 171: MEA Value (US$ Million) by End Use, 2023 to 2033
Figure 172: MEA Value (US$ Million) by Country, 2023 to 2033
Figure 173: MEA Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 174: MEA Volume (Tonnes) Analysis by Country, 2018 to 2033
Figure 175: MEA Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 176: MEA Carbon-negative Packaging Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 177: MEA Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 178: MEA Volume (Tonnes) Analysis by Material, 2018 to 2033
Figure 179: MEA Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 180: MEA Carbon-negative Packaging Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 181: MEA Value (US$ Million) Analysis by Packaging Formats, 2018 to 2033
Figure 182: MEA Volume (Tonnes) Analysis by Packaging Formats, 2018 to 2033
Figure 183: MEA Value Share (%) and BPS Analysis by Packaging Formats, 2023 to 2033
Figure 184: MEA Carbon-negative Packaging Y-o-Y Growth (%) Projections by Packaging Formats, 2023 to 2033
Figure 185: MEA Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 186: MEA Volume (Tonnes) Analysis by End Use, 2018 to 2033
Figure 187: MEA Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 188: MEA Carbon-negative Packaging Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 189: MEA Attractiveness by Material, 2023 to 2033
Figure 190: MEA Attractiveness by Packaging Formats, 2023 to 2033
Figure 191: MEA Attractiveness by End Use, 2023 to 2033
Figure 192: MEA Attractiveness by Country, 2023 to 2033
The market is valued to hit USD 145 million by 2033.
The market is forecast to register a CAGR of 6.5% through 2033.
The market is estimated to secure a valuation of USD 77 million in 2023.
During 2018 to 2022, the market grew at a CAGR of 3.7%.
Market expansion is fueled by emerging demand for sustainable alternatives.
In the carbon-negative packaging business, bioplastics segment has a significant market share.
The food and beverage segment to rule the market share in 2023.
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