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Top 21 Sustainable Packaging Companies, Worldwide 2023: MarketsandMarkets 360 Quadrant Revealed

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CHICAGO, Aug. 16, 2023 /PRNewswire/  — MarketsandMarkets has released 360 Quadrant for Top 21 Sustainable Packaging Companies, Worldwide 2023 to help businesses make quicker and more informed decisions. Companies’ market presence and product footprint are used to build quadrants, which will be revised annually.

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With the benefits of sustainable packaging growing in popularity, the market for sustainable packaging is anticipated to experience considerable expansion in the coming years. Asia-Pacific countries like China, Brazil, and India are among the nations that are emerging as growth frontiers for the market. The key forces behind the expansion of possibilities in these countries are their expanding economies, expanding populations, and the resulting disposable income of individuals.

The sustainable packaging industry is also witnessing rapid growth due to the stringent laws and regulations levied by governments and governing bodies, as well as a shift in consumer preferences towards recyclable and eco-friendly packaging materials. Additionally, other factors such as the downsizing of packaging and advancements in technology are also fostering the growth of the sustainable packaging market, globally. However, the high cost of recycling and the poor infrastructure available for recycling processes are likely to hamper the growth of this market.

Access Research Report @ https://www.360quadrants.com/packaging-and-construction/sustainable-packaging-market

Unveiling the Market Leaders: Honoring Excellence in Sustainable Packaging Market 

  • WestRock, one of the leading providers of sustainable paper and packaging solutions was identified as the market leader in the 360 Quadrant, accounting for the largest share of the market. With a strong presence in the sustainable packaging market and a well-established distribution network. The company has a wide portfolio of packaging solutions which include corrugated solutions, consumer packaging solutions, machinery solutions, and paper solutions.
  • Amcor has established a robust presence and earned a reputation for excellence over the years. It is one of the global leaders in developing and producing responsible packaging solutions for food, beverage, pharmaceutical, medical, home and personal care, and other products. It offers a range of flexible and rigid packaging, specialty cartons, closures, and services. The company is focused on making packaging that is increasingly lighter weight, recyclable and reusable, and made using an increasing amount of recycled content.
  • Smurfit Kappa registered a strong position in the global sustainable packaging market. With a strong presence in Europe, the company has a good presence across other geographies as well. The company offers a portfolio of paper-based packaging solutions for eCommerce, retail, consumer, and industrial packaging applications for a wide array of sectors.
  • Crown Holdings with its primary product as metal packaging is a well-known entity in the sustainable packaging industry. Through its subsidiaries, it has become one of the leading global suppliers of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment, and services to a broad range of end markets.
  • Mondi holds a significant and competitive presence in the sustainable packaging market. The company’s businesses include Corrugated packaging, flexible packaging, and Uncoated Fine Paper business. It offers eCommerce packaging solutions and products through a combination of its sustainability expertise and a full portfolio of multi-material solutions, including kraft and functional barrier paper, paper bags, and corrugated solutions across a multitude of industries.

Categorization Of Sustainable Packaging Companies On 360 Quadrants

Sustainable packaging companies’ evaluation was conducted for over 80 companies, of which the top 21 were categorized and placed in a quadrant under Market Leaders, Contenders, Innovators, and Emerging Companies.

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All the companies in the market leader segment demonstrated strong offerings and the ability to influence the market’s direction with their deep expertise. These companies include WestRock, Amcor, Smurfit Kappa, Crown Holdings, and Mondi. These companies dominate the market, together accounting for nearly one-third of the entire sustainable packaging market.

Tetra Laval, Stora Enso, Ardagh, DS Smith, and Ball Corporation have been recognized as contenders in the sustainable packaging quadrant. The contenders are companies with a strong market presence, excelling in specific niches. While not offering the full range of market leaders, they wield significant influence and impact. These companies focus on specific technologies and aim to establish leadership within their chosen segment.

In the quadrant, innovators are highly innovative companies with a strong product portfolio, but a smaller market presence compared to leaders. They push industry boundaries with forward-thinking approaches and have the potential to become major players despite lower corporate growth strategies. Sealed Air, Huhtamaki, Aptar Group, Constantia Flexibles, Sappi, and Klöckner Pentaplast have been identified as the innovators in the quadrant.

The 360 Quadrants effectively evaluates emerging companies in the sustainable packaging industry. They focus on specific areas and offer specialized knowledge, targeted support, flexible terms, and competitive prices. While they may have limited capabilities, they are preferred for specific use cases. These companies employ strategies to expand sales and reach a broader client base. This segment of the quadrant has identified Silgan, Pactiv, Plastipak, Cosmo First, and NatureWorks as emerging companies.

Evaluation Criteria

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The vendor evaluation was conducted on over 80 companies of which the top 21 were categorized and recognized as the quadrant leaders. Factors such as revenue, geographic presence, growth strategies, investments, channels of demand, and sales strategies were considered the market presence of the sustainable packaging quadrant. While the top criteria for product footprint evaluation included Material (paper & paperboard, plastic, metal, glass), Process (recycled, reusable, degradable), function (active, molded pulp, alternate fiber), application (food & beverage, healthcare, personal care, others), sustainable initiatives, and incorporation of PCR content.

360 Quadrants Scoring Methodology

360 Quadrants employs a comprehensive and transparent scoring methodology to evaluate companies. It identifies relevant evaluation criteria, collects and validates data from multiple sources, and employs an algorithm that considers parameter weights to generate scores. Normalization ensures fair comparisons and the aggregated scores categorize solutions into quadrants such as Market Leaders, Contenders, Innovators, and Emerging Companies. This unbiased approach equips users with accurate information, empowering them to make well-informed decisions and select solutions that best suit their needs and objectives.

Request Your Free Marketing Kit @ https://www.360quadrants.com/packaging-and-construction/sustainable-packaging-market

See Also:

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Top Paint and Coatings Companies, Worldwide 2023

Top Lubricants Companies, Worldwide 2023

Top Personal Care Ingredients Companies, Worldwide 2023

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research and facilitates analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

360 Quadrants will also be launching 100 quadrants in Chemicals and Materials, Packaging, Energy & Power, and Healthcare.

Visit https://www.360quadrants.com to access our interactive quadrants.

For media inquiries, please contact:

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Mr. Agney Sugla
MarketsandMarkets™ INC.
630 Dundee Road, Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]

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Blockchain Press Releases

Bybit Introduces BOB to P2P: Bolivian Traders Can Now Buy, Sell in Local Currency and Earn Commissions

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DUBAI, UAE, May 12, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has expanded its peer-to-peer (P2P) platform to support the Bolivian Bolíviano (BOB), enabling users in Bolivia to buy and sell crypto with their national currency for the first time on the platform.

In addition to enhancing local access to digital assets, Bybit is launching a new merchant program that invites users to list BOB trading ads and earn generous bi-weekly commissions. High-performing merchants can earn up to 400 USDT every two weeks, with added incentives for those listing in multiple fiat currencies.

“Expanding our P2P platform to include BOB is a reflection of our dedication to financial inclusion and local empowerment,” said Mazurka Zeng, Head of Fiat at Bybit. “We’re proud to offer Bolivian users more ways to access crypto markets while also opening the door to new opportunities”.

Bybit P2P merchants receive tailored support, including 1-to-1 customer service and faster appeal resolutions. To qualify for rewards, merchants must maintain active listings for a specified number of hours each week and meet trading volume and order count targets. Performance is reviewed every two weeks, and rewards are distributed through the Rewards Hub.

This launch represents another step in Bybit’s ongoing commitment to bring crypto access and earning potential to communities around the world through localized, user-friendly P2P services.

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Bybit is actively expanding in the LATAM market and has seen a consistent rise in user requests from Bolivia to support the Boliviano (BOB) on its P2P platform. As crypto adoption continues to grow across the region, adding BOB would enhance accessibility for local users and empower them to engage more easily with the digital asset economy.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

MEXC Lists 160 Tokens in April, Delivers Over 800% Returns Across Top Gainers

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VICTORIA, Seychelles, May 12, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, has released its April 2025 trading highlights, showcasing impressive results in token performance, early listing advantages, and community-driven events like airdrops.

Key Takeaways:

  • MEXC listed 160 new tokens in April, led by trends in Meme, GameFi, AI, and DePIN sectors.
  • Top 10 new listings delivered an average of 832.33% ATH return, with HOUSE soaring +3,830%.
  • Tokens with high spot trading volume saw daily returns averaging 403.49%.
  • By pioneering listings for five key tokens—most notably HOUSE, which surged 11,580% between listings—MEXC gave users early access prior to their inclusion in IDO and alpha programs on other tier1 exchanges.
  • Airdrop+ campaigns reached 40,000+ participants, distributing about $1.5M in token rewards with a 40 USDT average return per user.

According to the report, MEXC listed 160 new tokens in April, a 16.79% increase compared to March. This increase was driven by surging user interest in sectors such as Meme coins, GameFi, AI, and DePIN. This expansion of early-access opportunities reflects MEXC’s agile listing strategy and commitment to supporting new niches and communities.

Top New Listings Deliver 832% Average Peak Returns

MEXC’s strategic approach to listings paid off, with the top 10 tokens achieving an average all-time high return of 832.33%. HOUSE led the pack, posting a remarkable +3830.90% gain, followed by SEED (+952.63%) and TROLLSOL (+831.31%). These high performers span ecosystems including Solana, Sui, BSC, Ethereum, and Babylon.

Strong Daily Performance Tied to Trading Volume

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April’s top 10 tokens by spot trading volume also posted robust short-term returns, with an average 24-hour return of 403.49%. Among them were the following assets:

  • WCT (+849.40%)
  • BANK (+937.10%)
  • BABY (+738.00%)

The early token growth metrics highlight that activity on the platform is an important signal for early traders.

MEXC Empowers Traders with Early Price Discovery Capabilities

Notably, five tokens later featured in leading IDO and alpha programs were listed on MEXC prior to their program debuts, posting price gains of several hundred to several thousand percent between the two events:

  • HOUSE: +11,580%
  • PUMP: +281.54%

The report findings reinforced MEXC’s reputation as a platform where market momentum is often detected first.

Airdrop+ Events Attract 40,000 Participants, Drive New Token Buzz

MEXC ran 23 Airdrop+ campaigns during the month, attracting over 40,000 participants and distributing almost $1.5 million in tokens. The average return per participant was 40 USDT, with top-performing tokens like SEED, PUMP, and BABY included in the prize pools.

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Airdrop+ has proven itself as a tool not only for attracting but also activating users, especially in Asian and emerging markets. A recent MEXC report based on the analysis of more than 100 campaigns in recent months revealed that up to 35% of new users register through participation in airdrop activities. Users involved in the campaign were more likely to continue active trading and participate in subsequent IDO/IEO offerings on the platform.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website X  Telegram |How to Sign Up on MEXC

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HashKey Group Announces Launch of HashKey Global MENA with VASP License in UAE

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HONG KONG, May 12, 2025 /PRNewswire/ — HashKey Group (“HashKey”), a leading end-to-end digital asset financial services group in Asia Pacific, has secured a Virtual Asset Service Provider (VASP) license from Dubai Virtual Assets Regulatory Authority (VARA). The license was granted to HashKey MENA FZE, the operating entity of HashKey Global MENA, marking the official launch of the company in the United Arab Emirates (UAE). With this license, HashKey Global MENA is authorized to provide both Virtual Asset Exchange Services and Virtual Asset Broker-Dealer Services within, and originating from, the Emirate of Dubai.

Securing the VASP license represents a significant milestone in HashKey’s market expansion strategy into the region. As the UAE continues to establish itself as the premier hub for digital assets in the Middle East, HashKey Global MENA will cater to consumers and enterprises seeking trusted, compliant access to virtual asset services.

To meet the growing institutional needs, the company will introduce a suite of products and services distinguished by several best in class features:

  • USD and AED Deposits & Withdrawals: Offers fiat on and off-ramp, allowing users to directly transfer USD from their bank account to HashKey Global MENA’s fiat wallet. As a strategic partner, Standard Chartered provides fiat currency deposit and withdrawal services for the platform. Powered by the bank’s industry-leading (on & off)-ramp solution, the platform offers users a reliable, and highly efficient fiat deposit and withdrawal experience.
  • OTC Services: HashKey Global MENA OTC delivers regulated block trading with competitive all-inclusive pricing, ensuring transparent quotes and zero hidden fees for market-leading rates. Large orders benefit from instant execution, eliminating slippage risks, while flexible settlement options cater to institutional and HNWI liquidity needs.
  • Major Top 10 Tokens Available For OTC: Access top-tier cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), alongside stablecoins (USDT, USDC), available through OTC services through on and off ramps using USD and AED. BTC and ETH remain the most sought-after tokens, offering trusted liquidity and alignment with institutional demand. All assets are custodied on a VARA-licensed platform with institutional-grade safeguards.

“As a licensed platform, HashKey Global MENA embraces institutional needs by offering a regulated gateway for fiat-crypto transactions, backed by institutional-grade safeguards and strategic partnerships like Standard Chartered. Our regional expansion ambitions, with a strategic focus on the GCC, are rooted in empowering MENA’s institutions and HNWIs with seamless, cost-efficient access to global crypto markets, reinforcing the UAE’s position as a hub for blockchain innovation while prioritizing compliance and client protection at every step,” said Sherif Sanad, Country Manager, HashKey Global MENA.

The UAE has firmly established itself as the third-largest crypto economy in the MENA region. To meet the needs of this rapidly expanding market, HashKey Global MENA will deliver not just virtual asset trading services, but will continue to evolve and develop innovative digital asset products, designed and delivered within VARA’s robust regulatory and compliance framework.

“At HashKey, we believe innovation in crypto shouldn’t come at the cost of compliance. In fact, the industry’s future depends on building boldly—while staying within clear, trusted regulatory frameworks. That’s why we’re committed to working closely with regulators around the world to deliver reliable digital asset products and services on a global scale,” said Sherif Sanad, Country Manager, HashKey Global MENA.

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HashKey Group already holds digital asset-related licenses from regulators in Hong Kong, Singapore, Japan, and Bermuda, as well as VASP registration in Ireland. As part of its ongoing commitment to building a world-class regulatory footprint, the company is also actively pursuing a Markets in Crypto-Assets (MiCA) license in the European Union. The HashKey Global MENA exchange will be live starting from May 19th.

About HashKey Global MENA

HashKey Global MENA is the exchange business under HashKey Group, offering licensed crypto asset trading services to users worldwide. HashKey MENA FZE (VL/18/03/002), the operating entity of HashKey Global MENA, is licensed by the Dubai Virtual Assets Regulatory Authority (VARA) as a Virtual Asset Service Provider. Certain services, features, and campaigns may not be available in your jurisdiction.

Disclaimer: https://group.hashkey.com/disclaimer-group/blank-1 

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