The Global Recovered Packaging Market Is Projected To Grow At A CAGR Of 6.5% From 2022 To 2030.

Recovered Packaging Market Overview:

Recoverable packaging is the reuse or recycling of packaging materials such as cardboard boxes, paper bags, and plastic wrap. Reclaimed packaging can help reduce waste and save money. It can also help conserve natural resources by using recycled materials instead of natural ones.

The market growth can be attributed to the increasing demand for recycled packaging in various end-use applications such as protective packaging and food containers. In terms of type, the paper segment is expected to lead the global reclaimable packaging market over the forecast period owing to its high recyclability and sustainability characteristics. However, the metal segment is expected to grow at a higher CAGR over the forecast period owing to its increasing usage in food and beverage cans. Geographically, North America dominates the global reclaim packaging market followed by Europe and Asia Pacific.

Recovered Packaging market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Recovered Packaging market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Key Market Updates:

• A new partnership with DuPontTM Tyvek® and recycling partner Freepoint Eco-Systems was announced for September 2021. As a leading producer of sterilizable flexible packaging solutions and DuPontTM Tyvek converters, Technipaq Inc. is also pleased to support the company's current sustainability. as a recycling initiative.

Major Market Segments Covered in Recovered Packaging Industry Research:

Market Key Players:
Coca-cola Company, PWC, Smurfit Kappa, International Paper, American Eagle Paper Mills, Stora Enso, Mondi Group, Ardagh group, Strategic Materials, Harsco Minerals International, Heritage Glass, Momentum Recycling

By Type:

• Paper
• Glass
• Wood
• Metal
• Plastic
• Other Packaging

By Application:

• Protective Packaging
• Food Containers

By Region:

Asia Pacific dominated the global market in terms of revenue share in 2019. The region is expected to continue its dominance over the forecast period due to high demand for corrugated cartons and wood packaging from various end-use industries such as food and beverage. , retail and protective packaging. Additionally, increasing levels of consumer disposable income coupled with rapid urbanization in Asia Pacific emerging economies are expected to augment market growth over the forecast period.

Europe accounted for a significant portion of global revenue in 2019 due to stringent regulations on waste management practices implemented by local governments in major countries such as Germany and the United Kingdom, which led to increased take-back activities at the source rather than sending waste paper products. . Reducing the carbon footprint associated with transportation for landfills or recycling centers greatly supports the region's growth prospects in the coming years.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
  • Denmark
  • Finland
  • Iceland
  • Sweden
  • Norway
  • Belgium
  • The Netherlands
  • Luxembourg
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Benelux Union
• Rest of Europe
• Asia-Pacific
  • Indonesia
  • Thailand
  • Malaysia
  • Singapore
  • Rest of Southeast Asia
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Market Dynamics:

Driver:

Rising demand for environmentally friendly packaging: One of the main things driving the recovered packaging market is the rising demand for environmentally friendly packaging. Reused packaging is better for the environment than traditional packaging materials.

Rules made by the government: The demand for recycled packaging is likely to be driven by strict government rules that aim to reduce the environmental impact of packaging materials.

Cost-effectiveness: Recycled packaging is often cheaper than other types of packaging, which makes it a good choice for businesses that want to cut their packaging costs.

Restraint:

Limited supply of high-quality recovered materials: It can be hard to find high-quality recovered materials, which can make it hard to make recovered packaging materials.

Competition from other sustainable packaging options: Other sustainable packaging options, like biodegradable and compostable materials, could slow down the growth of recycled packaging on the market.

Lack of knowledge: Businesses and consumers might not use recycled packaging as much as they could if they didn't know about or understand its benefits.

Opportunities:

Technological improvements: The growth of the market is likely to be driven by technological improvements in the production of used packaging, such as better sorting and cleaning methods.

Emerging markets: The recovered packaging market has a lot of room to grow in places like Asia-Pacific and Latin America, where the need for packaging materials is growing.

Recovered Packaging Market report scope:

Report Attributes	Details
Growth Rate	CAGR of 6.5% from 2022 to 2030.
By Type	Paper, Glass, Wood, Metal, Plastic, Other Packaging
By Application	Protective Packaging, Food Containers
By Companies	Coca-cola Company, PWC, Smurfit Kappa, International Paper, American Eagle Paper Mills, Stora Enso, Mondi Group, Ardagh group, Strategic Materials, Harsco Minerals International, Heritage Glass, Momentum Recycling
Regions  and Countries  Covered	North America: (US, Canada, Mexico, Rest of North America) Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe) Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific) The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa) Latin America(Brazil, Argentina, Rest of Latin America) Rest Of the World
Base Year	2022
Historical Year	2017 to 2022
Forecast Year	2023 to 2030

Key Takeaways from this Recovered Packaging Report

• Estimate Recovered Packaging market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Recovered Packaging market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Recovered Packaging market?

The Recovered Packaging Market is growing at a CAGR of 6.5% During Forecast Period.

What are the key types of Recovered Packaging market?

Paper, Glass, Wood, Metal, Plastic, Other Packaging

What are the key applications of Recovered Packaging market?

Protective Packaging, Food Containers                                     

Who are the key players in Recovered Packaging market?

Coca-cola Company, PWC, Smurfit Kappa, International Paper, American Eagle Paper Mills, Stora Enso, Mondi Group, Ardagh group, Strategic Materials, Harsco Minerals International, Heritage Glass, Momentum Recycling