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The durable packaging not only plays an important role in maintaining the shelf life of the product, but also reduces the adverse effects on the environment, which is important with the use of non-biodegradable plastic materials for packaging. The five R's of sustainable packaging are: Delete, Reduce, Recycle, Renew, Reuse. The durable packaging also reduces the ecological footprint. This in turn provides a platform for an environmentally sound, sound and sensible methodology for packaging.
Sustainable packaging finds its application in almost all industrial sectors, but it has mainly found major interest in industries such as food and beverages. , retail, wholesale, health care, etc. to name a few. This new packaging concept has also brought new dimensions to innovations, giving entrepreneurs many opportunities to explore different untapped dimensions in this field.
The key drivers of this industry are environmental awareness among consumers. Non-biodegradable plastic has proven to be detrimental to the health of the environment, causing various adverse effects such as soil pollution, landfilling and loss of soil fertility. This had an impact on the recent social scenario. Strict laws have been adopted by most countries on the use of plastic bags and racks.
Countries like South Africa, Uganda, Somalia, Rwanda, Botswana, Kenya, and Ethiopia have totally banned the use of plastic bags. Increasing consumer demand for the use of green packaging for organic foods is also a key factor in the industry. Various companies around the world like Hovis have launched packaged bread using renewable polyethylene. Gillette razors, Dixie Egg Company, Wolfgang Puck Coffee, etc. have come up with amazing packaging formats. This style of packaging, which would not only be environmentally friendly, but that would also attract the customer's looks.
The major constraints for this industry could be overcapacity. Because of its lower price, non-biodegradable plastic bags are still considered the best and most sought after packaging material in the world. Packaging companies are therefore not able to match the sales volume to their production capacity. Raw materials such as biombad-based monomers, liquid biofuels, cellulosic and recyclable fibers, biopolymers used in films, additives and barriers are very expensive. This increases the cost for consumers. The latest trends in this sector are the preference of lightweight packaging materials over bulky materials, the increased recycling of biowaste and innovative and improved packaging processes.
The sustainable packaging industry offers many opportunities to suppliers as well as to manufacturers. Suppliers can provide raw material to new market players who have invested in the sustainable packaging industry, such as Dell. Dell begins shipping its products in packages containing mushroom and wheat straw.
The global sustainable packaging industry is segmented by: Product, Material, Function, Application and Region Durable Packaging Industry by Type By Product Type, Degradable, Recycled, Reusable, By Material type, Paper, Plastic, Metal, Glbad, Functional type Active, Molded paste, Alternative fiber, By application, Food and beverage, Health care, Personal care, By region, Asia Pacific, Europe, North America, Latin America , Middle East and Africa
It is expected that the strongest growth of the sustainable packaging industry will be in the Asia-Pacific market, mainly in India and China. This is due to the increase in health awareness among the middle clbad population that has the highest share of the total population of these countries and also to the growth that these economies are currently experiencing.
There is a number the sustainable packaging industry. Among them, the big names are: Bemis Ltd, Mondi PLC, Amcor Ltd., West Rock Company, Tetra Laval International, Sealed Air Corporation, Smurfit Kappa Group, BASF SE, Sonocco Products etc.
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