The circular economy in packaging market is growing quickly and is expected to generate hundreds of millions in revenue between 2025 and 2034, leading a shift toward sustainable transportation. This growth comes from efficient use of resources, efforts to cut down single-use plastics, rising environmental awareness, and strict government rules limiting the use of fossil-based traditional plastics.
Circular Economy in Packaging Market Key Players
- Amcor
- Mondi Group
- DS Smith Plc
- Smurfit Kappa Group
- Tetra Pak
- Ball Corporation
- Berry Global Inc.
- Sealed Air Corporation
- WestRock Company
- Stora Enso Oyj
- Huhtamäki Oyj
- Constantia Flexibles
- UPM-Kymmene Corporation
- Greif Inc.
- ALPLA Group
- EcoEnclose
- Loop Industries
- Paptic Ltd.
- Ranpak Holdings Corp.
- Biopak Pty Ltd
Latest Announcements by Industry Leaders
- In May 2025, Oroville Flexible Packaging, LLC, a RE:CIRCLE Solutions company and leader in flexible plastics and packaging solutions for retail and foodservice customers, announced the official launch of “Oroflex,” a sustainable flexible plastics, packaging, and recycling system.
Recent Developments
- In January 2025, PolyCycl, a circular economy technology start-up based in Chandigarh, announced the launch of its patented technology that enables the conversion of hard-to-recycle plastics into food-grade polymers, renewable chemicals, and sustainable fuels. According to the company, the technology, protected by multiple international patents, facilitates the creation of a plastic-to-plastic circular economy, where commonly used plastics such as polyolefin packaging no longer need to be down-cycled, incinerated, or landfilled at the end of their life.
- In June 2025, Ence, a company engaged in sustainable cellulose production, developed a range of renewable packaging made from moulded cellulose to replace plastic in the food sector. These containers, including trays for fresh and ready meals, align with circular economy principles, being both compostable and recyclable. The new packaging aligns with circular economy principles, being both compostable and recyclable.
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