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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.

Browse More related reports on Specialty & Chemicals Market – https://www.theresearchinsights.com/categories/specialty-chemicals

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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Jack Henry’s Annual Survey of Financial Institutions Highlights Priorities Amid Economic Uncertainty and a New Hybrid Monetary Era

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April 28, 2026

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Banks and credit unions plan to increase technology spending, led by investments in AI, digital banking, and data analytics

MONETT, Mo., April 28, 2026 /PRNewswire/ — Banks and credit unions are prioritizing operational efficiency, deposit growth, and new payment capabilities as they navigate economic uncertainty and increasing technological complexity, according to findings from Jack Henry’s eighth annual Strategy Benchmark.

Jack Henry® (Nasdaq: JKHY) surveyed 193 executives from financial institutions using Jack Henry solutions. The survey highlights the industry’s most pressing strategic priorities, top concerns, and technology investment plans for the next two years.

“Banks and credit unions have finally recognized their biggest competitive threat in Big Fintech and Big Crypto,” says Lee Wetherington, Senior Director of Corporate Strategy and lead author of the benchmark. “As we enter a new hybrid monetary era, the game is changing and charter franchises are under attack. The goal of strategy is no longer simply to win but to ensure you’re competing to win the right game.”

The vast majority of financial institutions plan to increase technology spending, with 88% expecting to raise their tech budgets over the next two years, up from 76% last year. Four in 10 institutions (41%) plan increases of 6% to 10%, compared with 33% a year ago. Artificial intelligence (48%) is the top planned technology investment for the first time, followed by digital banking (38%) and data analytics (32%). While banks remain focused on growing deposits (64%) as their top strategic priority in 2026-2027, credit unions (40%) continue to place outsized emphasis on acquiring younger accountholders (Gen Z/Alpha).

“Financial institutions are in a high-stakes race for Gen Z and small business,” says Jennifer Geis, Senior Strategic Advisor of Corporate Strategy at Jack Henry and Managing Editor of the study. “Given Gen Z now drives most small-business formation—and given small-business deposits are 4-5X larger than retail—understanding and meeting the unique needs of “bizumers” is key to growth, whether you frame it in terms of deposits or demographics.”

Among the highlights from the survey:

PaymentsMore than nine out of 10 CEOs (94%) plan to add new payment services within the next two years, yet only 36% have a formal payments strategy in place.More than four out of five (82%) financial institutions plan to incorporate tap-to-pay as part of their strategy to add younger accountholders.Nearly half (47%) of CEOs plan to embed payments into their digital banking experience over the next two years.Small Business FocusThree out of four CEOs say they plan to expand services for small- and medium-sized businesses (SMBs).The most common planned addition is payment services, including FedNow®, request for payment, and tap-to-pay. 
 Cryptocurrency18% of CEOs plan to support stablecoins, tokenized money, and/or cryptocurrency by the end of 2027. This includes:Tokenized deposits/deposit tokensSupport for on-chain wallets for accountholdersAbility to orchestrate, exchange, and settle dollars to and from stablecoins/crypto.However, only 3% of CEOs report having a formal stablecoin strategy in place.
 Getting YoungerThe second most important strategic priority for credit unions (and fourth overall) is adding younger accountholders. It is also one of the top three concerns for CEOs.More than 40% of credit unions have a formal strategy, compared to just 10% of banks.Fintechs and neobanks are considered the biggest competitive threat in this area.Data analytics and AILeveraging data is the 5th most important strategic priority overall among banks and credit unionsPlans to implement AI grew double digits compared to last year1/3 of FIs plan to embed data collection/analysis tools within digital banking

The study’s results are based on an online survey conducted in January and February 2026 of a diverse sample of Jack Henry clients with assets ranging from less than $500 million to more than $5 billion. Download the eBook to learn more.

About Jack Henry & Associates, Inc.®
Jack Henry® (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For 50 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 7,400 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at jackhenry.com.

Statements made in this news release that are not historical facts are “forward-looking statements.” Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, those discussed in the Company’s Securities and Exchange Commission filings, including the Company’s most recent reports on Form 10-K and Form 10-Q, particularly under the heading “Risk Factors.” Any forward-looking statement made in this news release speaks only as of the date of the news release, and the Company expressly disclaims any obligation to publicly update or revise any forward-looking statement, whether because of new information, future events or otherwise.

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SOURCE Jack Henry & Associates, Inc.

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CorroHealth Honored As Stevie® Award Winner In 2026 American Business Awards®

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April 28, 2026

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PLANO, Texas, April 28, 2026 /PRNewswire/ — Leading revenue cycle technology company CorroHealth was named the winner of a Silver Stevie® Award in the Health Provider category in The 24th Annual American Business Awards®.

The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small. This year, the program received more than 3,600 nominations from organizations across virtually every industry.

“We are honored to receive this prestigious award and to be recognized alongside many esteemed American business leaders,” said Pat Leonard, CEO of CorroHealth. “This acknowledgement reflects CorroHealth’s ongoing commitment to the healthcare industry, serving as the leading revenue cycle technology company built for the future of healthcare finance.”

CorroHealth earned recognition for its mission and purpose, transforming healthcare operations and driving innovation to deliver better outcomes for hospitals and health systems. The company was selected after a methodical nomination process and careful evaluation of its industry impact and dedication to bridging the gap between patient care and financial performance.

More than 250 professionals worldwide participated in the judging process to select this year’s Stevie Award winners. One judge who evaluated the nomination stated, “CorroHealth’s blend of expert driven services and AI-powered platforms delivers measurable, enterprise scale financial gains that far exceed industry norms.” The judges also recognized the company as a leader in innovation and operational excellence within the healthcare financial technology sector.

To learn more about CorroHealth, visit corrohealth.com.

About CorroHealth 
CorroHealth, the leading healthcare technology and revenue cycle management company that helps providers and payers improve financial performance through automation, data-driven analytics, and clinically led expertise. CorroHealth delivers integrated, scalable solutions that support complex reimbursement and documentation workflows, backed by a global workforce operating in more than 10 locations, including the United States, United Kingdom, India, and the United Arab Emirates. The company was recently named one of the “Top Places to Work in Healthcare in 2026” by Becker’s Healthcare and a Great Place To Work® Certified™ in India for the second time in two years. Further information is available at corrohealth.com.

About the Stevie Awards
Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, the Stevie Awards for Sales & Customer Service, and the new Stevie Awards for Technology Excellence. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes, as well as the people behind them, the Stevies recognize outstanding workplace performance worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

Media Contact:
CorroHealth
Mellissa Gardner, Chief Marketing and Strategy Officer
mellissa.gardner@corrohealth.com

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Singular Genomics Names John Stark as Chief Executive Officer as Company Builds on Spatial Platform Momentum

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April 28, 2026

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SAN DIEGO, April 28, 2026 /PRNewswire/ — Singular Genomics Systems, Inc. today announced the appointment of John Stark as Chief Executive Officer. This leadership transition comes as Singular builds on the launch of its market-leading spatial platform and enters its next phase, focused on expanding adoption, deepening strategic partnerships, and increasing the impact of multimodal spatial data across translational research, drug development, and future clinical applications. Josh Stahl will transition to a new role as Independent Director on the Board.

“With Singular’s G4X platform now successfully on the market, the company is positioned to realize spatial pathology’s potential across translational research and clinical applications,” said Allison Ballmer, Chair of the Board. “Josh strengthened Singular and repositioned the company’s technology, culminating in the successful launch of the G4X platform. John’s leadership experience will now help scale the business and capitalize on the opportunity to drive precision medicine forward.”

John brings more than 25 years of experience commercializing innovative technologies while scaling organizations and raising capital. Most recently, John served as Chief Executive Officer of Resolve Biosciences, a spatial biology platform company, where he drove partnerships and routine use across the translational, drug development, and clinical research markets. Prior to Resolve, John served as Chief Executive Officer of Quantum-Si, a next-generation single-molecule protein sequencing platform company, and Chief Executive Officer of Celsee, a single-cell genomics platform company acquired by Bio-Rad in 2020. Earlier in his career, he held senior leadership positions at Life Technologies, Pacific Biosciences, and Affymetrix.

“Singular has built a competitive spatial platform and a strong foundation in a rapidly evolving market,” said John Stark, CEO. “I’m excited to build on that momentum – deepening partnerships, scaling adoption, and unlocking broader value from spatial data across research, drug development, and precision medicine.”

“We thank Josh Stahl for building an exceptional foundation for Singular, and welcome John Stark, who brings a long history of commercial leadership to the company,” said Andrew ElBardissi, Partner at Deerfield Management. “We remain confident in Singular’s technology, market opportunity, and path to leadership in precision medicine and are committed to supporting the company’s continued growth.”

About Singular Genomics

Singular is a life science technology company focused on delivering high-throughput spatial pathology solutions to advance precision medicine. The company’s G4X™ Spatial Sequencer enables scalable, multiomic analysis directly in tissue, combining performance, throughput, and cost efficiency to support translational research, AI-driven insights, and clinical developments. Singular is headquartered in San Diego, California.

Forward-Looking Statements

Certain statements contained in this press release, other than statements of historical fact, may constitute forward-looking statements within the meaning of the federal securities laws. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially. Singular Genomics undertakes no obligation to update forward-looking statements, except as required by law.

Media Contact
Darius Fugere
dariusf@singulargenomics.com

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SOURCE Singular Genomics

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