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

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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.

Purchase Premium Copy of Global Green Packaging Market Size and Growth Report (2025-2030) at: https://www.theresearchinsights.com/license?id=5921

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.

Contact Us:

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

Contact Person: Kaushik Roy
E-mail: sales@theresearchinsights.com
Phone: +1-312-313-8080
Website: https://www.theresearchinsights.com/

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The 2nd China (Guangxi)–ASEAN College Students Invitational Competition On Digital Economy and AI Application Innovation was grandly inaugurated in Kuala Lumpur.

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April 27, 2026

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—China and Malaysia Jointly Designated Data Annotation and Corpus Training Base, Setting a New Benchmark for Industry-Education Integration

KUALA LUMPUR, Malaysia, April 27, 2026 /PRNewswire/ — On April 23, 2026, with the support of the Malaysian government agency and leveraging the favorable opportunity presented by the Secretariat of the China-ASEAN Business and Investment Summit to deepen regional economic, trade, and digital industry collaboration, the opening ceremony of the 2nd China (Guangxi)—ASEAN College Students Invitational Competition On Digital Economy and AI Application Innovation was successfully held in Kuala Lumpur, Malaysia.

Under the theme of “Digital Intelligence Empowerment • Creating a Connected Future,” this competition closely aligns with the trends of China-ASEAN digital economy cooperation under the RCEP framework and actively responds to the Belt and Road Initiative. It recruits participating teams from universities across China and ASEAN countries, aiming to establish an international benchmark platform for industry-education integration and youth exchange in the China-ASEAN digital economy. The event is hosted by the China-Malaysia Institute of Modern Craftsmanship of Digital Economy and jointly organized by institutions such as Guangxi Vocational College of Finance and Guangxi Tus innovation Cross-border E-Commerce Co., Ltd receiving extensive support and active participation from government, enterprises, and academic sectors in both China and Malaysia.

At the opening ceremony, representatives from Chinese and Malaysian government, enterprises, and educational institutions—including LI Gaoyan, Secretary of the Party Committee of Guangxi Financial Vocational College and Prof. Dato’ Indera Ir. Dr. Lee Sze Wei, president of Tunku Abdul Rahman University of Management and Technology; and Zhuge Ronghe, Deputy General Manager of Guangxi Tus innovation Cross-border E-Commerce Co., Ltd. and Executive Director of the AI Cross-border Digital Economy Committee of the Guangxi International Chamber of Commerce—delivered speeches. All parties highly recognized the cross-border industry-education integration platform established by the event and expressed their expectation to leverage it as a bridge to deepen and solidify practical cooperation in the China-ASEAN digital economy.

In addition, a plaque presentation ceremony was held simultaneously at the opening ceremony, officially awarding the “China-Malaysia Institute of Modern Craftsmanship of Digital Economy Data Annotation and Corpus Training Base” to WEHIVE GLOBAL MARTECH SDN BHD, a leading local digital marketing technology company in Malaysia. This marks a substantive step forward by both China and Malaysia in the field of foundational artificial intelligence data services. The establishment of this base not only provides industry-level corpus resources and authentic training scenarios for cultivating digital economy talents in the region but also offers robust support for the technical implementation and commercialization of projects participating in this competition. It establishes a comprehensive, deeply integrated chain of “competition + training + industry,” fostering synergistic alignment between the education system, talent pipeline, industrial chain, and innovation ecosystem.

Compared to previous editions, this year’s competition has undergone a comprehensive upgrade, precisely focusing on the core objectives of cultivating digital economy talent and facilitating the commercialization of research outcomes, with three key highlights: First, an innovative scoring system. The competition incorporates practical AI tool proficiency into its core evaluation criteria, requiring participating teams to create project promotional posters using mainstream AI tools, addressing the common issue of “emphasizing concepts over practical application” in similar events and truly achieving learning and application through competition. Second, a multicultural team formation model. The competition encourages students from China and ASEAN countries to form cross-border teams, fostering cross-cultural exchange, technical complementarity, and conceptual synergy. Third, an enhanced technology commercialization mechanism. The competition offers winning teams dual support— “cash prizes plus full-cycle incubation at the Nanning Comprehensive Pilot Zone Overseas Talent Offshore Innovation and Entrepreneurship Base” —bridging the “last mile” from competition to market implementation, establishing a complete transformation cycle of “competition—cultivation—incubation—implementation” to significantly improve the industrial viability and market competitiveness of participating projects.

This competition draws on the innovative education model of the China-Malaysia Institute of Modern Craftsmanship of Digital Economy, with a core focus on empowering youth innovation and entrepreneurship through AI technology. It aims to identify and cultivate young digital economy talents possessing international vision, practical skills, and innovative thinking, while promoting the application of AI technologies in emerging sectors such as cross-border e-commerce and digital finance. Moving forward, the competition will continue to serve as a bridge, injecting youthful momentum into the high-quality, coordinated development of the China-ASEAN digital economy, and supporting the sustained deepening and steady advancement of industry-education integration between China and Malaysia under the Belt and Road framework.

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ALLSPRING GLOBAL INVESTMENTS LAUNCHES GLOBAL EQUITY FUND, EXPANDING ITS SYSTEMATIC CORE EQUITY SUITE

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April 27, 2026

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LONDON, April 27, 2026 /PRNewswire/ — Allspring Global Investments™, a global asset management company with US$624 billion* in assets under advisement, today announced the launch of the Allspring (Lux) Worldwide Fund – Global Equity Fund, a UCITS sub-fund offering a systematic core global equity investment strategy designed to deliver consistent, repeatable alpha whilst maintaining disciplined risk management across market cycles.

“With the growing success of our Global Equity Enhanced Income Fund and our Climate Transition Global Equity Fund in our UCITS range, we are proud to now launch the Allspring Global Equity Fund in response to client demand for a core global equity solution. This new fund reflects our continued investment in systematic capabilities that combine rigorous quantitative research with fundamental insight”, said Andy Sowerby, head of Allspring’s International Client Group. “As clients look for dependable sources of potential outperformance in an increasingly complex global market, this strategy extends our global equity franchise with a risk-controlled core solution designed for compelling performance across market cycles”.

The Global Equity Fund broadens Allspring’s systematic global equity offering, complementing its existing Global Equity Enhanced Income and Climate Transition Global Equity Funds. These two funds were launched in July 2020 and July 2021, respectively, and both have delivered top-quartile performance within their peer groups since.

The new fund seeks long-term capital appreciation by using proprietary quantitative models integrated with fundamental validation to identify attractively valued, high-quality companies with supportive momentum characteristics. The fund aims to achieve positive excess returns relative to the MSCI All Country World Index. The portfolio is broadly diversified and constructed through a disciplined process that combines active stock selection with holistic risk management.

“Our Global Equity Fund is designed to serve as a true core allocation for global equity portfolios”, said John Campbell, CFA, senior portfolio manager of the Global Equity Fund and head of Allspring’s Systematic Core Equity team. “By targeting bottom-up alpha whilst actively managing macro and fundamental risks, the strategy aims to deliver a smoother excess return profile across different market environments”.

The strategy is managed by Allspring’s Systematic Core Equity team, which oversees approximately US$10.8 billion in assets and has decades of experience managing enhanced index, high-conviction equity solutions.

The fund is available to investors in Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden and the United Kingdom in our UCITS vehicle. It will also be available to investors in Switzerland and select Asian countries in the coming months.

ABOUT ALLSPRING
Allspring Global Investments™ is an independent asset management company with more than US$624 billion in assets under advisement*, 18 offices globally and investment teams supported by 365+ investment professionals. Allspring is committed to thoughtful investing, purposeful planning and inspiring a new era of investing that pursues both financial returns and positive outcomes. For more information, please visit www.allspringglobal.com.

*As of 31 March 2026. Figures include discretionary and non-discretionary assets.

This material is provided for informational purposes only and is intended for professional/institutional investor and qualified client use only. Not for retail public use. This content and the information within do not constitute an offer or solicitation in any jurisdiction where or to any person to whom it would be unauthorized or unlawful to do so. It should not be considered investment advice, an investment recommendation, or investment research in any jurisdiction.

INVESTMENT RISKS: All investments contain risk. Your capital may be at risk. The value, price, or income of investments or financial instruments can fall as well as rise and is not guaranteed. You may not get back the amount originally invested. Past performance is not a guarantee or reliable indicator of future results. Returns may increase or decrease as a result of currency fluctuations.

Allspring Global Investments™ (Allspring) is the trade name for the asset management firms of Allspring Global Investments Holdings, LLC, a holding company indirectly owned by certain private funds of GTCR LLC and Reverence Capital Partners, L.P. These firms include but are not limited to Allspring Global Investments Luxembourg, S.A.; Allspring Funds Management, LLC; Allspring Global Investments, LLC; Allspring Global Investments (UK) Ltd.; Allspring Global Investments (Singapore) Pte. Ltd.; Allspring Global Investments (Hong Kong) Ltd.; Allspring Global Investments (Japan) Ltd.; and Galliard Capital Management, LLC. Unless otherwise stated, Allspring is the source of all data (which is current or as of the date stated). Content is provided for informational purposes only. Views, opinions, assumptions, or estimates are not necessarily those of Allspring or its affiliates, and there is no representation regarding their adequacy, accuracy, or completeness. They should not be relied upon and may be subject to change without notice.

© 2026 Allspring Global Investments Holdings, LLC. All rights reserved. ALL-04142026-qxuja9fc

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Elbit Systems to Report First Quarter 2026 Financial Results on May 26, 2026

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April 27, 2026

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The Company will host a Conference Call to discuss its financial results on May 26, 2026 at 9:00am ET

HAIFA, Israel, April 27, 2026 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that it will publish its first quarter 2026 financial results on Tuesday, May 26, 2026.

Results Conference Call

The Company will host a conference call on May 26, 2026, at 9:00am Eastern Time. On the call, management will review and discuss the results and will be available to answer questions. To participate, please call one of the dial-in numbers below: 

US Dial-in Number: 1-866-744-5399
Canada Dial-in Number: 1-866-485-2399
Israel Dial-in Number: +972-3-918-0644
International Dial-in Number:  +972-3-918-0644

at 9:00am Eastern Time; 6:00am Pacific Time; 4:00pm Israel Time

This call will also be broadcast live on Elbit Systems’ website at http://www.elbitsystems.com. An online replay will be available from 24 hours after the call ends.

Alternatively, for two days following the call, investors will be able to dial a replay number to listen to the call. The dial-in numbers are: 1-888-782-4291 (U.S. and Canada) or +972-3-925-5900 (Israel and International).

About Elbit Systems

Elbit Systems is a leading global defense technology company, delivering advanced solutions for a secure and safer world. Elbit Systems develops, manufactures, integrates and sustains a range of next-generation solutions across multiple domains.

Driven by its agile, collaborative culture, and leveraging Israel’s technology ecosystem, Elbit Systems enables customers to address rapidly evolving battlefield challenges and overcome threats.

Elbit Systems employs over 20,000 people in dozens of countries across five continents. The Company reported $7,938.6 million in revenues for the year ended December 31, 2025 and an order backlog of $28.1 billion as of such date.

For additional information, visit: www.elbitsystems.com, follow us on X or visit our official Facebook, Youtube and LinkedIn Channels.

Company Contact:
Dr. Yaacov (Kobi) Kagan, Executive VP – CFO
Tel:  +972-77-2946663
kobi.kagan@elbitsystems.com 

Daniella Finn, VP, Investor Relations
Tel: +972-77-2948984
daniella.finn@elbitsystems.com 

Dalia Bodinger, VP, Communications & Brand
Tel: +972-77-2947602
dalia.bodinger@elbitsystems.com

This press release may contain forward–looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Israeli Securities Law, 1968) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current facts. Forward-looking statements are based on management’s current expectations, estimates, projections and assumptions about future events. Forward–looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the Company’s future financial results, its anticipated growth strategies and anticipated trends in its business. Therefore, actual future results, performance and trends may differ materially from these forward–looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others, including the duration and scope of the war in Israel, and the potential impact on our operations; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.’s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward–looking statements speak only as of the date of this release. Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company does not undertake to update its forward-looking statements.

Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies. All other brand, product, service and process names appearing are the trademarks of their respective holders. Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.

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SOURCE Elbit Systems Ltd.

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