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text 2021-07-06 10:12
Green Packaging Market Is Estimated To Grow At A Significant CAGR Of 5.7% In Future

Global Green Packaging Market is expected to reach USD 237.8 billion by 2024. Green Packaging is also termed as sustainable packaging or energy efficient packaging. It has low impact on environment and energy consumption. The packaging involves the usage of biodegradable and recyclable material. There are various materials available in the market for the production of green packaging products like recycled papers, biodegradable plastics, solid bleach sulfate, and bio-based plastics. The Green Packaging Market is estimated to grow at a significant CAGR of 5.7% over the future period as the scope and its applications are rising enormously across the globe.

 

Strict government policy regarding sustainability, rising use of edible packaging material, increasing packaging companies, and rising consumer awareness regarding advantages of eco-friendly materials are documented as major factors of Green Packaging Market that are estimated to enhance the growth in the years to come. However, high cost of production and varying raw material cost may restrain overall market growth in the coming years. Green Packaging Industry is segmented based on type, application, and region.

 

The report “Green Packaging Market Size & Forecast Report, 2015 - 2024” is available now at https://www.millioninsights.com/industry-reports/green-packaging-market

 

Degradable packaging, recycled content packaging, and reusable packaging are the types that could be explored in Green Packaging in the forecast period. Reusable packaging includes plastic container, drum, and others. On the other hand, recycled content packaging includes glass, paper, metal, plastic, and others. The recycled content packaging sector accounted for the largest market share over 57.5% and is estimated to lead the overall market in the coming years. This may be because of high demand in food and beverage sector. Also, recycle packaging may extend the life of products and is made of strong materials. It can be reused and extends the shelf life of products.

 

The market may be categorized based on applications like healthcare, food & beverages, personal care, and others that could be explored in Green Packaging in the coming years. Food & beverage segment accounted for the largest market share over 58.6% of Green Packaging and is estimated to continue its dominance in the coming years. This may be because of high demand from food and beverage industries for packaging of products and growing numerous restaurants and diners. Also, healthcare segment is estimated to grow at significant CAGR in the coming years.

 

Globally, North America accounts for the largest market share of Green Packaging and is estimated to lead the overall market in the upcoming period. The reason behind the growth could be government initiative to promote eco-friendly products and strict policy against use of products harming environment and rising awareness amongst populace. The United States is a major consumer of Green Packaging in this region.

 

Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share as promising governing inclinations. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise government initiatives for acceptance of environment friendly solutions, rising awareness amongst consumer regarding eco-friendly products, and high demand for sustainable practices. The developing countries like India and China are the major consumer of Green Packaging in this region.

 

The key players of Green Packaging Market are Be Green Packaging, Amcor Limited, Evergreen Packaging, BASF SE, Rexam, DuPont, Sealed Air, DS Smith, Tetra Laval, and Mondi. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

 

Request a Free Sample Copy of Green Packaging Market Report @ https://www.millioninsights.com/industry-reports/green-packaging-market/request-sample

 

Market Segment:

 

Green Packaging Type Outlook (Revenue, USD Million, 2015 - 2024)
• Recycled Content Packaging
• Paper
• Plastic
• Metal
• Glass
• Other
• Reusable Packaging
• Drum
• Plastic Container
• Other
• Degradable Packaging

 

Green Packaging Application Outlook (Revenue, USD Million, 2015 - 2024)
• Food and Beverage
• Personal Care
• Health Care
• Others

 

Green Packaging Regional Outlook (Revenue, USD Million, 2015 - 2024)
• North America
• Europe
• Asia Pacific
• Rest of the World (RoW)

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url 2019-11-18 07:42
Tips To Engage Your Customers towards Buying Products

The content includes practical tips for men, which safeguards the skin in winter. All eight tips described in the article are tried and tested. Anyone can get results by using these tips.

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text 2019-11-05 06:38
Advantages of Eco-Friendly Packaging

As a company, one’s biggest responsibility is to find the right packaging for the products and for shipping that not only is attractive, durable, self-sufficient but also sustainable. 

 

Packaging has some of the essentials that make it efficient in terms of making its mark in the market, protection of the product, grabbing the attention of the customers, and marketing and advertising of the products and the brand among the customers that must beat the potential competition in various brands.

 

Eco-friendly boxes have made their place in the packaging industry seamlessly because of its benefits, need of the environment, and awareness of sustainability among the customers. 

 

Less Disposing Cost

 

 

Like non-ecofriendly packaging, eco packaging does not need a large amount of energy to produce and disposing of these materials. Green packaging materials like cardboard, kraft paper, and corrugated cardboard are biodegradable. It means that customized paperboard boxes, that are the most used boxes for packaging, do not need any extra activity, energy, and cost to wipe off from the surface of the Earth. They are decomposed with the help of a natural bacterial activity. 

 

Versatile 

 

 

Natural Kraft packaging is highly eco-friendly without compromising the quality. Brown kraft boxes can be customized in terms of shapes, attractive designs, and quality printing that makes them perfect for personalized product packaging. Custom printed packaging boxes perfectly go with the essence of the brand. It is because the control is in your hand to choose the grade of material, the shape of the boxes thanks to die-cutting, sizes that hold the products in place, and the designs that portray the essence of the company. Eco-friendly custom boxes fulfill all your packaging needs like;

 

  1. 1. Custom shipping boxes
  2. 2. Custom gift boxes
  3. 3. Eco-friendly packaging for food
  4. 4. Sustainable product packaging 
  5. 5. Display corrugated boxes

 

Custom printed boxes for brand needs are possible with environmentally friendly packaging that was just a myth a few years ago as sustainability was considered to be limited in terms of customization. 

 

Leave no Carbon Footprint

 

 

A carbon footprint is the number of greenhouse gases that are released as a result of human activity and a product is not only what we see. Every step in the process of getting the raw material, production and manufacturing, transportation, usage, and disposal of the product releases a certain amount of carbon in the environment. 

 

Cardboard boxes are the least carbon releasing boxes from the extraction of the raw material to the production, customization, usage, and disposal because of the material, that mostly is recycled paper, and the manufacturing procedure that is being used.

 

Toxins & Allergens Free

 

Food packaging boxes must be health-friendly. There are a lot of toxic chemicals that are being used in the manufacturing but Kraft boxes and paperboard boxes are the safest when it comes to toxins free packaging.

 

People consider what their packaging is made of and does it leave any harmful impact on their health. The use of toxins and allergen-free packaging will not only give a healthy lifestyle to your customers but also benefit your brand in terms of increased sales and customers’ loyalty. 

 

Custom printed Kraft board boxes are the best representation of eco-friendly packaging examples that are not only sustainable, health-friendly but high in quality and durability.

 

Create a Brand Image

 

 

Custom boxes with the logo of the brand, personalized colors, and product or brand-related information create a more professional image of the brand. Custom cardboard boxes give customers a better understanding of the products and help in the recognition of the brand among the target audience. 

 

Eco-friendly packaging companies offer complete customization of the boxes in terms of shapes, sizes, and designs to give a perfect face to the brand that lives an everlasting impact on the customers. They provide ecofriendly packaging cosmetics, food items, pharmaceuticals, clothes, and whatever you name. 

 

Thanks to the advancement and innovation in the packaging and printing industry that you can get sustainability with style. Numerous eco-friendly packaging ideas on the internet will blow your mind and will give you some inspiration to go green with packaging. It does not only save the environment from the dire consequences of non-ecofriendly packaging like plastic but also gives you the most premium quality. Whether you are running a food chain or a clothing franchise you can find millions of eco-friendly packaging ideas for clothing or any other product by being creative and imaginative.

 

Possibilities lie within you and not what you have or can have or could have. Be creative and go with your instinct to create outstanding product boxes being environmentally friendly.

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