Technology

Green Packaging Market Growth worth $503.43 billion by 2030- Exclusive Report by The Research Insights

Published

1 year ago

May 23, 2025

CHICAGO, May 23, 2025 /PRNewswire/ — The global green packaging market size is projected to be valued at USD 365.46 billion by 2025 and reach USD 503.43 billion by 2030, growing at a CAGR of 6.6% according to a new report by The Research Insights. The global reusable packaging market is estimated to grow at a CAGR of 7.4% over the forecast period 2025 to 2030. The rising environmental consciousness drives both consumers and governments to push for changes in product packaging and consumption methods. A primary driver of this change is the increasing regulatory demands that focus on minimizing plastic waste’s environmental consequences. The green packaging market has become an essential solution given the current environmental context.

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Market Overview and Growth Trajectory:

Green Packaging Market Growth: According to an exhaustive report by The Research Insights, the Green Packaging Market experiences significant changes as cultural values around environmental sustainability evolve. A substantial transformation in consumer behavior occurred in recent years because people became more aware of environmental problems. A rising number of environmentally aware consumers is driving the demand for packaging solutions that can be recycled or reused and that naturally decompose after use.

The report runs an in-depth analysis of green packaging market trends, key players, and future opportunities. In general, the green packaging market growth of 6.6% comprises a range of packaging type, material type, application and geography which are expected to register strength during the coming years.

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Shift Toward Minimalist and Smart Packaging: Consumer demand for sustainable practices and transparent product information has made minimalist and smart packaging a strategic business choice beyond its status as a design trend. Minimalist packaging achieves its goal by successfully reducing material usage without affecting product functionality or visual appeal. Excessive plastic wrappers and multilayered corrugated boxes with redundant inserts are no longer used in modern packaging strategies. Modern brands choose efficient designs that cut down on waste while minimizing environmental effects. The green packaging market size expands as companies begin using lightweight materials that are recyclable or biodegradable which require less resources during both production and disposal stages. The progression towards both minimalism and smart design represents a larger cultural transformation. Today’s consumers seek purpose-driven products that match their personal beliefs rather than being attracted by flashy packaging. Through packaging innovation brands see a dual benefit of lessened environmental impact and solidified customer trust. Minimalist and smart packaging solutions redefine industry standards while pushing the green packaging market forward by making sustainability easier, smarter and more within reach.

Technological Integration in Recycling: The integration of artificial intelligence, robotics, and blockchain technology into sorting and tracking systems for materials supports the expansion of the green packaging market. Using artificial intelligence to power vision systems enables the identification and sorting of various packaging materials with unprecedented accuracy which surpasses human capabilities. Through accurate processing systems, more recyclable materials get correctly handled while reducing contamination levels in landfills. Robotics enhances recycling plants by providing both speed and consistency which leads to improved efficiency and scalability. These tools become increasingly important as the amount of green packaging materials such as bioplastics and plant-based films continues to expand. For the green packaging market, these innovations solve a crucial challenge: The green packaging market is driven by implementing methods to recycle sustainable materials and avoid their disposal as waste. The integration of technology into recycling systems enables us to complete material cycles and approach genuine circular economic principles. Today’s recycling systems rely on technology as their foundation which transforms sustainable packaging market into a scalable and achievable option.

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Reusable Packaging Models Gaining Traction: A silent transformation focused on reuse is transforming both store shelves and our everyday actions in our eco-aware society. The reusable packaging market expands rapidly as consumers and retailers acknowledge its environmental and economic advantages over single-use options. The concept of using packaging multiple times through refillable shampoo bottles, durable food containers and returnable coffee cups is now widespread. Reusable solutions have developed alongside the growing green packaging market without any noticeable disconnect. These markets focus on waste reduction and virgin material dependence while designing circular systems that allow packaging to be reused multiple times before disposal. Retailers recognize reusable packaging as an opportunity to enhance brand identity rather than just fulfilling environmental responsibilities. Reusable packaging strengthens consumer brand loyalty while demonstrating a company’s dedication to environmental responsibility. The adoption of reusable packaging systems becomes simpler for businesses and consumers as infrastructure advances through better return logistics and washing facilities.

Geographical Insights: The North American green packaging market experiences robust expansion with a market share of 27.4% in 2024 because of rising environmental consciousness combined with state bans on single-use plastics and consumer preference for sustainable options. Retailers and FMCG companies in the United States and Canada are now committed to reaching net-zero emissions through the implementation of recyclable, compostable, and biodegradable packaging options. The green packaging market demonstrates significant maturity and policy guidance within Europe. Manufacturers are being driven by the EU’s Green Deal together with its Plastics Strategy and Packaging and Packaging Waste Directive to adopt environmentally friendly alternatives to traditional plastic. The Asia Pacific green packaging market experiences fast growth due to environmental awareness increases alongside urban development and shifting regulations. China, India, Japan, and South Korea have enforced tougher regulations to manage plastic waste through bans and recycling requirements.

Green Packaging Market Segmentation and Geographical Insights:

Based on packaging type, the green packaging market size is divided into recycled content packaging, reusable packaging and degradable packaging. The recycled content packaging segment accounted for a larger share of the green packaging market in 2024.Based on material type, the green packaging market report is divided into paper & paperboard, plastic, metal, glass and others. The paper & paperboard segment accounted for a larger share of the green packaging market in 2024.Based on application, the green packaging market share is divided into food & beverages, personal care, health care and others. The food & beverages segment accounted for a larger share of the green packaging market in 2024.The green packaging green packaging market growth is segmented into five major regions: North America, Europe, Asia Pacific, Central & South America and Middle East & Africa.

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Key Players and Competitive Landscape:

The Green Packaging Market is characterized by the presence of several major players, including:

International PaperMondi GroupHuhtamaki OyjBall CorporationCrown HoldingsTetra PakGreiner PackagingGerresheimer AGSonoco Product CompanyAmcor PlcSealed Air CorporationSmurfit WestRockVegwarePactiv LLC

These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market.

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Green Packaging Market Recent Developments and Innovations:

In January 2025, International Paper acquired DS Smith Plc which was a sustainable packaging manufacturer. The merger will create substantial shareholder value while positioning the new entity as a worldwide leader in sustainable and green packaging solutions. The acquisition aims to expand market presence across North America and Europe.In September 2024, ANDRITZ and PulPac AB, the Swedish manufacturer in Dry Molded Fiber technology, have entered into a strategic partnership to serve the alternative packaging market.In January 2024, Sealed Air Corporation launched compostable protein packaging tray made from biobased, food-contact grade resin, which is USDA-certified as having 54% biobased content chemically derived from renewable wood cellulose at IPPE 2024.

Conclusion:

The global green packaging market is experiencing rapid growth because of regulatory demands and evolving consumer preferences along with technological advancements. The global packaging landscape is being transformed through reusable packaging models, minimalist smart designs and technological recycling systems which enable the shift from traditional linear packaging to a circular one. The integration of AI and robotics with blockchain technology for better material recovery and traceability combined with rising consumer demands for transparency drives businesses to innovate. The worldwide push to lessen environmental impact has transformed the green packaging market from a growing sector into an essential component for developing sustainable packaging solutions throughout all industries and regions.

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The report from The Research Insights, therefore, provides several stakeholders—including raw material suppliers, packaging manufacturers, distributors and end users —with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities.

With projected growth to US$ 503.43 billion by 2030, the Green Packaging Market represents a significant opportunity for raw material suppliers, packaging manufacturers, distributors, end-users, investors, industry stakeholders, and others. By staying abreast of market trends, embracing innovation, and focusing on quality and performance, companies can position themselves for success in this dynamic and evolving market landscape.

Check out more related studies published by The Research Insights:

Compostable Packaging Market – The global compostable packaging market size is expected to reach USD 113.88 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 6.5% from 2024 to 2030. A multifaceted interplay of environmental awareness, evolving regulatory environments, shifting consumer attitudes, and innovations in material science are driving the market’s expansion.Post-consumer Recycled Plastics Market – The global post-consumer recycled plastics market size is expected to reach USD 21.64 billion by 2030, according to a new report by The Research Insights. It is projected to register a CAGR of 10.4% during the forecast period, attributed growing concerns about environmental sustainability. As governments introduce stricter regulations and industries respond with sustainable practices, the demand for eco-friendly solutions is on the rise.Paper Packaging Market – The global paper packaging market size is anticipated to reach USD 527.1 billion by 2030 and is projected to grow at a CAGR of 4.8% from 2025 to 2030, according to a new report by The Research Insights. The growing preference for environmentally friendly packaging solutions like paper has driven this expansion, as consumers and enterprises alike seek eco-conscious options.Biodegradable Plastic Market – The global biodegradable plastic market size is anticipated to reach USD 10.04 billion by 2030, according to a new report by The Research Insights, expanding at a CAGR of 9.2% from 2024 to 2030. The upward trajectory is largely attributed to efforts by governments to ban single-use plastics and raise public awareness about the detrimental effects of plastic waste on the environment.Sustainable Packaging Market – The global Sustainable Packaging Market Size is projected to be valued at USD 297.3 billion in 2024 and reach USD 527.4 billion by 2034, growing at a CAGR of 5.9% according to a new report by The Research Insights. The North America region leads the sustainable packaging market Value account for a share of 28% strict environmental laws and business sustainability goals along with rising consumer preference for green products. The paper & paperboard segment held the largest share of the sustainable packaging market Growth in 2024. The plastic segment led the pack in terms of sustainable packaging market size dominance, accounting for over 43% of the overall revenue in 2023. The rigid type segment holds a significant Sustainable Packaging Market Growth lead, accounting for over 60% of revenue in 2023. The primary packaging segment dominated the sustainable packaging market Value with over 76% revenue share in 2023. The recyclable process segment has emerged as a pivotal component in the sustainable packaging market share, boasting a substantial revenue share of over 63% in 2023. The food and beverages segment held a significant lead in the sustainable packaging market share, accounting for over 49% of the total revenue in 2023. In 2023, Europe played a significant role in shaping the global sustainable packaging market report landscape, accounting for over 36% of the total revenue share.

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About The Research Insights:

The Research Insights provides thoroughly conducted research which is backed up by real-time statistics and data. Our experts are eager to help you with any information required under the sun. The key to our success is keeping abreast with the markets, industries, and ever-changing consumer trends that matter. Our market research professionals have in-depth knowledge and expertise across various domains that includes IT and Telecom, Emerging Technologies, Consumer Offerings, Manufacturing and Others. We are committed to reviewing the scope and procedure of the research studies that you select and provide you with an accurate guidance in order to assist you in taking the correct business decisions.

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Kaushik Roy
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Technology

DATABANK CLOSES $1.45 BILLION IN NEW FINANCING ACROSS TWO TRANSACTIONS

Published

17 minutes ago

June 15, 2026

$800 Million Revolving Credit Facility and $650 Million Upsize of Red Oak, Texas Campus Financing Strengthen DataBank’s Capital Structure and Support Continued Growth

DALLAS, June 15, 2026 /PRNewswire/ — DataBank, a leading provider of enterprise-class edge colocation, interconnection, and managed services, today announced the successful closing of two financing transactions totaling $1.45 billion: an $800 million corporate revolving credit facility and a $650 million upsize of its existing construction financing for its Red Oak, Texas data center campus.

$800 Million Revolving Credit Facility

DataBank closed an $800 million revolving credit facility (the “Corporate Revolver”) maturing in 2031. Proceeds will be used for general corporate purposes, including working capital needs, capital expenditures, and liquidity support for the company’s continued growth and acquisition strategy.

This Corporate Revolver was arranged by a syndicate of banks led by Citizens Bank, N.A. along with Joint Lead Arrangers Citibank, MUFG Bank, Ltd., PNC Bank, N.A., TD Securities (USA) LLC, Truist Securities, Inc., U.S. Bank, N.A. and Wells Fargo Securities.

$650 Million Red Oak Campus Financing Upsize

DataBank also closed a $650 million upsize of its existing $2.0 billion construction financing for its Red Oak, Texas campus, originally announced in April 2026. This brings the total Red Oak campus financing to $2.65 billion. The upsize supports construction of the fourth building on this campus, adding 60 megawatts of incremental IT capacity.

The upsize consists of $400 million in bank financing, led by the same institutions as the April 2026 announcement, and $250 million of notes placed in a private placement, which is DataBank’s first private placement transaction. The private placement marks a significant milestone for DataBank, opening the company to a new institutional investor base and further diversifying its sources of capital for development projects. MUFG served as Lead Placement Agent, with TD Securities (USA) LLC and Barclays as Joint Placement Agents, and Citibank, Citizens Bank, N.A., and National Bank of Canada as Co-Placement Agents.

“This new revolving credit facility strengthens our financial flexibility and reflects the confidence our lending partners have in DataBank’s business model and long-term growth trajectory,” said Raul K. Martynek, Chief Executive Officer of DataBank.

“As demand for data center capacity continues to accelerate, having a robust and flexible capital structure is essential. This revolver, combined with the upsized Red Oak financing and our inaugural private placement, positions DataBank to move decisively as we expand our platform and deepen our relationships with hyperscale, cloud, and enterprise customers,” said Kevin Ooley, President and Chief Financial Officer of DataBank.

Davis Polk & Wardwell LLP served as legal counsel to DataBank on both transactions.

About DataBank

DataBank helps the world’s largest enterprises, technology, and content providers ensure their data and applications are always on, always secure, always compliant, and ready to scale to meet the needs of the artificial intelligence era.

Recognized by Deloitte in 2023 and 2024, and Inc. 5000 in 2024 as one of the fastest-growing private US companies, DataBank’s edge colocation and infrastructure footprint consists of 70+ “HPC-ready” data centers in 25+ markets, 20 interconnection hubs, and on-ramps to an ecosystem of cloud providers with virtually unlimited reach.

We combine these platforms with contract portability, managed security, compliance enablement, hands-on support, and a guarantee of 100% uptime availability, to give our customers absolute confidence in their IT infrastructure and the power to create a boundless digital future for their business.

To learn more, follow us on LinkedIn or subscribe to our YouTube channel. To tour a facility, visit DataBank or call 1(800) 840-7533.

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SOURCE DataBank

Technology

Hasung Expands Global Reach with Advanced Precious Metal Processing Solutions

Published

17 minutes ago

June 15, 2026

SHENZHEN, China, June 15, 2026 /PRNewswire/ — Hasung, a professional solutions provider in the field of precious metals and alloys founded in 2014, is leveraging its years of accumulated expertise in precious metal processing and independent R&D capabilities to accelerate the internationalization of Chinese high-end precious metal equipment manufacturing, as the global jewelry manufacturing and precious metal processing industry continues to develop towards higher precision, higher purity, and higher efficiency.

The global jewelry market reached approximately USD 381.5 billion in 2025 and is projected to exceed USD 578 billion by 2033, driving increasing demand for high-precision precious metal manufacturing technologies, according to Grand View Research.

Advanced Precious Metal Processing Technology as the Upgrading Direction

In the field of precious metal processing, purity determines value, and details reveal quality. As global refineries, jewelers, and gold bullion manufacturers place stringent demands on product quality and manufacturing efficiency, traditional processing methods have become the production bottleneck due to unresolved issues such as oxidation, porosity, and precision. As a result, advanced casting, melting, and precision processing technologies are emerging as an important development direction for high-end precious metal manufacturing.

Guided by a focus on technology and product quality, Hasung has gradually formed an independent and highly stable core product system based on its deep understanding of industrial automation systems and advanced technology R&D capabilities. This system covers continuous casting equipment, metal granulating equipment, induction melting furnaces, gold bar casting machines, jewelry casting machines, metal powder making machines, etc.

This precious metal solution, which integrates intelligent control, efficient heating, and precision forming, effectively addresses the core pain points of the precious metal processing industry, such as oxidation control, yield, and production efficiency. Advanced IGBT wafers and high-frequency heating technology not only enable rapid melting of metal in a very short time, but also significantly reduce unit energy consumption. The PID intelligent temperature control system ensures that the molten metal has optimal fluidity, avoiding shrinkage porosity or uneven grain structure caused by temperature fluctuations.

Meanwhile, Hasung places strong emphasis on process stability and precision control. Through continuous optimization of equipment structure, temperature management, and automation systems, the company helps customers achieve greater consistency in precious metal casting and processing operations.

Rising Demand for High-Precision Precious Metal Processing Equipment

High-end precious metal processing equipment has long been dominated by German and Japanese manufacturers, especially when it comes to precision casting, temperature precision, and automation.

As manufacturers worldwide increasingly prioritize casting quality, material utilization, and process consistency, companies with strong engineering capabilities are gaining greater opportunities to compete in the global market.

Through sustained investment in engineering innovation, intelligent control systems, and precision manufacturing technologies, Hasung has continued to strengthen its competitiveness in high-end precious metal processing equipment. The results show up in how the equipment actually performs in production environments: more consistent, more reliable, less operator intervention.

That reputation has opened doors. Hasung’s equipment is now running in jewelry workshops, precious metal refineries, and advanced materials operations across Europe, Southeast Asia, the Middle East, and South America.

Expanding from Jewelry into Advanced Materials

As the global advanced manufacturing industry continues to increase its demand for high-performance metal materials, advanced precious metal processing technology is applied from the jewelry industry to a wider range of industrial applications.

In addition to the traditional jewelry manufacturing market, Hasung has also been actively expanding its applications in advanced materials and scientific research in recent years, like metal powder manufacturing, new material experimentation, precision alloy processing, and others. Its clients include not only jewelry manufacturers but also new material companies, university laboratories, and solder companies.

In the future, Hasung will intensify its R&D investment in precious metal processing technology, intelligent automation, and precision control, continuously improving product performance and global service capabilities.

“Thirteen years ago, we moved into precious metals industry,” said Mr. Xiang, the founder of Hasung, “year after year we’ve kept pursuing technology development and been committed to driving technological innovation in the global precious metals industry through China’s smart manufacturing.”

About Hasung

Hasung is a national high-tech enterprise based in Shenzhen, specializing in the manufacturing of equipment for precious metals and new materials processing. Its main products include vacuum pressure casting machines, gold bar casting machines, silver bullion casting machines, jewelry casting machines, jewelry rolling mills, metal powder making machines, gold chain making machines, etc., which are sold to more than 80 countries and regions around the world.

Media Contact:

Shenzhen Hasung Precious Metals Equipment Technology Co., Ltd
No.11, Jinyuan 1st Road, Heao Community, Yuanshan Street, Longgang District, Shenzhen, China 518115
Email: sales@hasungmachinery.com
Tel: +86 17898439424
www.hasungmachinery.com

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SOURCE Shenzhen Hasung Precious Metals Equipment Technology Co., Ltd

Technology

LifeNet Health, NASA, and UNOS Complete First-of-Its-Kind Drone Kidney Transport Study to Help Save More Lives

Published

17 minutes ago

June 15, 2026

HAMPTON, Va., June 15, 2026 /PRNewswire/ — Teams from the United Network for Organ Sharing (UNOS), NASA Langley Research Center, and LifeNet Health successfully completed a groundbreaking study transporting human kidneys by drone beyond visual line of sight, marking a major milestone in the future of organ transportation and transplantation.

The June 5 flights highlight the potential for drone technology to support future innovations in organ transportation, with the goal of improving reliability, reducing transit times, and helping save more lives through transplantation.

During the study, the kidneys were biopsied and placed on preservation pumps before and after the flights to assess whether drone transportation affected organ integrity. Temperature, pressure, and altitude were monitored throughout the approximately 15-minute flights. Preliminary findings showed no evidence that the flights negatively affected the organs.

Organ transplantation is one of the most time-sensitive processes in healthcare. Once recovered, organs have only a limited window of viability, making efficient transportation critical to successful transplantation. Delays can impact organ function, patient outcomes, and whether a transplant can occur at all. Transportation innovation, including the exploration of drone technology, has the potential to expand access to transplantation for patients on the waitlist or reduce the time to transplant, improving patient outcomes.

“With more than 100,000 people currently waiting for a lifesaving transplant nationwide, innovation in organ transportation is essential,” said UNOS Interim CEO Mark Johnson. “This successful collaboration represents an important step toward making organ transportation safer, faster, and more efficient.”

According to national transplant data, another person is added to the U.S. transplant waiting list every eight minutes, while 13 people die each day waiting for an organ that never arrives. More than 3,000 people in Virginia alone are currently waiting for a lifesaving transplant.

The kidneys used in the study were donated for research by a donor family working with LifeNet Health after it was determined the organs would not be transplanted. Through these gifts, the organizations were able to evaluate how drone transportation may support future advances in transplantation logistics and organ preservation.

While transplantation saves lives today, donation for research helps save lives tomorrow. Organs and tissues that cannot be used for transplant can still help scientists improve preservation methods, develop new therapies, and explore future innovations in transplantation and patient care.

“Just as every patient waiting for a transplant matters, so does the timely transportation of the organs and tissues that can save and heal lives,” said Rony Thomas, President and CEO of LifeNet Health. “Advancing transportation and logistics innovation can make a meaningful difference in ensuring these lifesaving gifts reach patients when they are needed most.”

The study also highlights the broader impact of research donation. A single research donation can support multiple scientific studies and discoveries that may improve transplant outcomes and benefit patients for years to come. Many medical advances used in transplantation today were made possible through the generosity of donors and their families.

Donation for research occurs only with proper authorization and under strict ethical and regulatory standards. Families receive clear information about the process and can make informed decisions that honor their loved one’s wishes.

UNOS, NASA, and LifeNet Health continue exploring opportunities to further evaluate drone transportation in operational environments, including transporting research organs between hospitals and airports.

For updates and more information, follow:

NASA Langley Research Center LinkedIn
NASA Langley Research Center X
NASA Langley Research Center Instagram
NASA Langley Research Center Facebook
NASA Langley Research Center YouTube
UNOS Facebook
UNOS LinkedIn
UNOS Instagram
LifeNet Health LinkedIn
LifeNet Health Facebook
LifeNet Health Instagram

About UNOS
UNOS is a nonprofit organization with decades of experience in helping save lives through research, technology, innovation and education.

About LifeNet Health
As a global leader in regenerative medicine, LifeNet Health continues to push the boundaries to give healing every advantage. The organization offers groundbreaking transplantation and cellular solutions that support healthcare providers and powers scientific research. This forward-focused approach has improved life for millions of patients, all while honoring donor heroes and their families. For more information, visit: www.lifenethealth.org.

EX-3896.00

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SOURCE LifeNet Health