Categoria: Attualita' | Giovedì 26 Dicembre 2019, The sustainable packaging market is expected to propel the growth in the coming years pertaining to rising government regulations and consumer awareness. Various initiatives have been taken by packaging manufacturers such as use of technology in packaging products and eco-friendly packaging materials. These initiatives are supported by governments and organizations of various regions. In order to reduce carbon footprint, sustainable packaging manufacturers are planning to develop biodegradable plastics. With the rising awareness for sustainability, many experts in consumer products and packaging have shifted their focus on green packaging. Green packaging helps in reduction of greenhouse gas emissions owing to the reduced dependence on fossil fuels.

The global sustainable packaging market is anticipated to grow at a robust CAGR of 5.3% during the forecast period 2018-2026. Some of the key players in this market include Amcor Limited, Ball Corporation, Crown Holdings, Inc., International Paper Company, Sealed Air Corporation, Bemis Company, Inc., Genpak LLC, and Reynolds Group Holdings.