China Dominates the Green Packaging Market in APAC | Technavio

04-Dec-2017 Intellasia | BusinessWire | 1:43 AM Print This Post

LONDON–(BUSINESS WIRE)–#Greenpackaging–The green
packaging market in APAC
is expected to grow at a CAGR of more than
12% from 2017-2021, according to a new market research report by

Green packaging market in APAC segmentation by product and geography

Technavio’s report on the green packaging market in APAC analyses the
business dimensions and presents a comprehensive breakdown in terms of
market segmentation by product, including recyclable packaging, reusable
packaging, and degradable packaging. In 2016, the recyclable packaging
segment accounted for approximately 78% of the green packaging market in
APAC. This was primarily due to the popularity of recycling among
vendors and its proven benefits such as energy conservation and reduced
carbon footprint. Customers are more familiar and comfortable with
recycling because it is a concept they understand, and they have seen
its end products in real-time.

Based on geography, the green
packaging market in APAC
has been segmented into China, India, and
others. In 2016, the green packaging market in APAC was led by China and
the market in China is predicted to grow at a CAGR of more than 9%
during the forecast period.

“China possesses a large population that is still growing. Increasing
urbanization and improving access to a retail environment has led to an
increase in demand for consumer-packaged goods. This has proportionally
increased the demand for packaging. To combat the waste generated due to
the huge volumes of packaging, the government and the corporations are
carrying out initiatives to promote green packaging. The authorities
have also adopted rules and regulations regarding the ecological
characteristics of packaging, which are different from norms existing in
other countries,”
says Sharan Raj, a lead analyst at Technavio for packaging

This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2
Technavio reports and get the third for free.

Green packaging market in APAC: competitive vendor landscape

The green packaging market in APAC is fragmented and consists of both
large as well as small players. The large players have the advantage of
a well-established supply chain and can easily invest in R&D to develop
innovative, sustainable packaging options. Small players are usually
companies that develop a product that provides them with a competitive
advantage in the market. Major corporations are carrying out campaigns
to promote the sustainable features of their packaging products. For
instance, Tetra Pak has teamed up with local garbage collectors in India
to ensure the proper collection of drink packaging for recycling.

Looking for more information on this market? Request
a free sample report

Technavio’s sample reports are free of charge and contain multiple
sections of the report including the market size and forecast, drivers,
challenges, trends, and more.

Other topics covered in the report:

Market drivers:

  • Increasing plastic waste
  • Customer preferences shifting toward sustainable packaging

Market challenges:

  • Biodegradable materials are expensive
  • Compromising packaging quality

Market trends:

  • Rising demand for bioplastics
  • Edible packaging

Get a sample copy of the green
packaging market in APAC
report free of cost

Access Technavio’s continuously growing packaging
research library and find expert analysis on hundreds of markets.

About Technavio

is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at [email protected].


Technavio Research
Jesse Maida
Media & Marketing Executive
+1 844 364 1100
UK: +44 203 893 3200


Category: BusinessWire, PRAsia

Print This Post

Comments are closed.