Press Releases

Circular Economy in Packaging Market Companies : Growth, Demand & Future Trends

The circular economy in packaging market is witnessing transformative growth, fueled by global efforts to promote sustainability, eliminate plastic waste, and adopt renewable materials. Between 2025 and 2034, the market is projected to generate hundreds of millions in revenue, driven by stringent regulations on traditional plastics, growing environmental awareness, and the corporate shift towards sustainable packaging models.


Market Overview

Circular packaging aims to minimize environmental impact by using materials that can be reused, recycled, or composted. This shift promotes:

  • Resource optimization

  • Reduction of single-use plastics

  • Lower carbon emissions

Europe leads the global market with a 36% share in 2025, followed by a booming Asia Pacific region that is projected to grow at the fastest rate. Recycled paper/cardboard holds the dominant share by material (32%), while primary packaging (bottles, pouches) leads in packaging types (45%).


Key Trends and Segmentation Insights

  • Sustainable packaging mandates from governments (especially in Europe)

  • Innovation in materials like seaweed and algae-based packaging

  • Rising adoption of reusable loop containers and biodegradable alternatives

  • Growing consumer preference for eco-conscious brands


Leading Companies in the Circular Economy in Packaging Market

1. Amcor

About: Headquartered in Switzerland, Amcor is a global packaging leader known for developing responsible packaging solutions.
Products: Flexible and rigid plastic packaging, specialty cartons.
Market Cap: ~$13 billion.

2. Mondi Group

About: A UK and South Africa-based company that integrates the entire packaging and paper manufacturing value chain.
Products: Sustainable paper and flexible plastic packaging.
Market Cap: ~$8 billion.

3. DS Smith Plc

About: UK-based DS Smith specializes in sustainable packaging with a focus on circular design principles.
Products: Corrugated packaging, recycling services.
Market Cap: ~$5 billion.’

Invest in Our Premium Strategic Solution: https://www.towardspackaging.com/price/5675

4. Smurfit Kappa Group

About: An Ireland-based manufacturer of paper-based packaging known for its innovation in circular packaging solutions.
Products: Paper-based corrugated packaging and bag-in-box.
Market Cap: ~$11 billion.

5. Tetra Pak

About: A global leader in food processing and packaging solutions based in Switzerland.
Products: Aseptic cartons, packaging machines.
Market Cap: Privately held.

6. Ball Corporation

About: U.S.-based packaging giant transitioning to sustainable aluminum-based solutions.
Products: Aluminum beverage cans and aerospace technologies.
Market Cap: ~$17 billion.

7. Berry Global Inc.

About: A U.S. leader in plastic packaging solutions with an increasing focus on sustainability.
Products: Rigid/flexible plastic packaging, nonwoven materials.
Market Cap: ~$6 billion.

8. Sealed Air Corporation

About: Innovator in packaging solutions with a growing footprint in recyclable packaging.
Products: Protective and food packaging.
Market Cap: ~$5 billion.

9. WestRock Company

About: One of the world’s largest paper and packaging companies based in the U.S.
Products: Corrugated containers, folding cartons.
Market Cap: ~$8 billion.

10. Stora Enso Oyj

About: A Finnish-Swedish company focusing on renewable packaging, biomaterials, and wood products.
Products: Renewable paper packaging, bioplastics.
Market Cap: ~$9 billion.

11. Huhtamäki Oyj

About: Finland-based global provider of sustainable food-on-the-go packaging.
Products: Paper cups, trays, flexible packaging.
Market Cap: ~$4 billion.

12. Constantia Flexibles

About: An Austria-based company committed to lightweight, recyclable flexible packaging.
Products: Film, foil, paper-based flexible packaging.
Market Cap: Private ownership.

13. UPM-Kymmene Corporation

About: A Finnish company focusing on bio-based packaging solutions.
Products: Label materials, specialty papers, bioplastics.
Market Cap: ~$11 billion.

14. Greif Inc.

About: U.S.-based industrial packaging producer with a shift towards sustainable and returnable systems.
Products: Steel/plastic drums, corrugated containers.
Market Cap: ~$3 billion.

15. ALPLA Group

About: An Austrian pioneer in plastic packaging recycling and design for reuse.
Products: Bottles, caps, and closures.
Market Cap: Private company.

16. EcoEnclose

About: U.S.-based e-commerce packaging company solely focused on circular and zero-waste solutions.
Products: 100% recycled mailers, boxes.
Market Cap: Private and growing.

17. Loop Industries

About: U.S.-based innovator in upcycling PET plastic waste into high-purity resins.
Products: PET and polyester resins from recycled feedstock.
Market Cap: ~$150 million.

18. Paptic Ltd.

About: Finnish company pioneering fiber-based alternatives to plastic.
Products: Paptic® material—durable, flexible, and recyclable.
Market Cap: Private.

19. Ranpak Holdings Corp.

About: U.S. company offering eco-friendly protective packaging.
Products: Paper-based cushioning and wrapping.
Market Cap: ~$350 million.

20. Biopak Pty Ltd

About: Australia-based packaging provider committed to compostable alternatives.
Products: Compostable foodservice packaging.
Market Cap: Private company.

If you have any questions, please feel free to contact us at sales@towardspackaging.com


Frequently Asked Questions (FAQs)

Q1. What is circular economy in packaging?
Circular packaging emphasizes reducing, reusing, and recycling materials to create a closed-loop system that minimizes waste and environmental harm.

Q2. Which region dominates the circular packaging market?
Europe leads the global market due to strict regulations on single-use plastics and strong demand for eco-friendly packaging.

Q3. What materials are driving the market growth?
Recycled paper/cardboard dominates, while seaweed/algae-based packaging is emerging as a high-growth alternative.

Q4. What are reusable loop containers?
These are durable containers designed for repeated use across supply chains, reducing the need for single-use packaging.

Q5. Which companies are innovating in sustainable packaging?
Leaders include Amcor, Mondi Group, DS Smith, Tetra Pak, and Loop Industries, all investing heavily in circular and recyclable solutions.

Source : https://www.towardspackaging.com/insights/circular-economy-in-packaging-market-sizing

Elodie Blanc

Meet Elodie Blanc, an esteemed authority in the packaging industry with over a decade of experience spanning various sectors. With a background in Industrial Design, she blends creativity with technical prowess to drive innovation. Elodie's expertise encompasses sustainability, digital integration, and emerging trends like smart packaging. She's renowned for spearheading eco-friendly initiatives, advocating for recyclable and biodegradable materials. Beyond her hands-on work, Élodie contributes to Packaging Web Wire, a premier online platform under Towards Packaging - Business Consulting Service. Her insightful articles and speeches at industry events solidify her status as a thought leader. Recognized for her contributions, Elodie continues to shape the future of packaging, prioritizing functionality, aesthetics, and sustainability. With her leadership, the industry evolves towards a more responsible and innovative future.

Recent Posts

Smart Packaging for Retail & E-Commerce Market Companies Revolutionizing Modern Logistics

Smart packaging is no longer a futuristic concept—it’s the present of retail and e-commerce. With…

1 day ago

Sustainable Pharmaceutical Packaging Market Companies : Trends, Share, and Outlook to 2034

The sustainable pharmaceutical packaging market is undergoing a major transformation. As global demand for pharmaceuticals…

1 day ago

Single-Use Packaging Alternatives Market Companies : Trends, Demand Outlook

The single-use packaging alternatives market is gaining rapid traction globally, with projected exponential growth between…

1 day ago

Logistics-Optimized Packaging Market Companies: Size, Trends, and Forecast 2025–2034

The logistics-optimized packaging market is witnessing transformative growth, propelled by the need for enhanced supply…

1 day ago

Packaging Design Services Market Companies: Trends, Leaders, and Forecast to 2034

The global Packaging Design Services Market is experiencing a significant transformation, projected to rise from…

1 day ago

Plant-Based Plastics Market Case Study: Trends, Technology, and Growth Outlook (2025–2034)

The global fight against plastic pollution is at a critical juncture. In this context, plant-based…

2 days ago