Simplify B2B Networking
Consumers around the world are increasingly opting for products that do not have a negative impact on the environment, and that are manufactured, sourced, produced, and packaged in a sustainable and ethical way. From cosmetics to food products, electronics, pharmaceuticals, and more, it’s clear that the sustainable packaging is in.
This is one of the major factors behind the steadily increasing popularity of green packaging. The global green packaging market is expected to grow at a CAGR of almost 8% by 2020, according to Technavio, and is experiencing greater growth in regions with high urban populations where pollution and wastage is a serious issue and impacts individuals’ day-to-day lives.
For packaging to be considered ‘green’ or sustainable, it must meet the needs of present generations while simultaneously not compromising the ability of future generations to meet their own needs. Essentially, green packaging must function in adherence with current consumer demands and expectations, but should have a reduced environmental impact. When designing and producing sustainable packaging materials, manufacturers must look at the product lifecycle, including disposal or repurposing, and should ensure that the final product will be used in a way that reduces—or even eliminates—the potential for environmental damage or harm. Additionally, the entire supply chain should be examined to make sure that actions, business practices, and methods sat each stage are sustainable and ethically sound. Green packaging products can be recyclable, reusable, or degradable.
In the near future, a greater number of green primary packaging materials are expected to become widely available. For example, bio-based compostable packaging is currently available in the market, but due to its relatively high cost, limited lifespan, and labor-intensive nature, its use remains low for the time being—however, advancements and improvements in this area could make many types of compostable packaging a suitable replacement for polystyrene. This type of packaging is frequently made from mushrooms, which grow around agricultural waste such as corn husks. The mushroom fibres bind the waste together to form a solid shape; this is then dried to halt growth. The final packaging can be composted at a consumer’s home, but cannot be properly re-used.
The market is also likely to experience growth as environmental regulations worldwide become stricter and governments place a greater emphasis on sustainability. Its applications are expected to extend to packaging for consumer electronics and a number of other industries and products.
Thousands of the world’s leading packaging companies can be in your contact list if you join BizVibe today. Whether you are looking for reliable suppliers, top food and drink manufacturers, wholesalers and potential customers in over 70 countries, or want to find out what your competitors are buying and which suppliers they’re using, BizVibe can help you reach out to sales prospects and decision-makers across the globe.
Comments are closed.