Sustainable packaging has been growing since more than two years, and there is no sign of it slowing down. Sustainable green packaging a global strategic business report stated that by 2015, the green packaging market is expected to be worth 142 billion. Which are the key developers of sustainable packaging sectors of packaging like food and beverage, cosmetics and personal care, healthcare and shipping packaging have greatly indulged in green packaging. For sustainable packaging to grow, one of the key drivers is increasing concerns worldwide for the environment. Apart from them, stringent government regulations mandate companies to use sustainable practices for production. Increased awareness on package wastes recycling and cutting costs in companies while manufacturing with recycled and reusable materials are included among the key drivers. Over 70 percent of the green packaging market worldwide is presently handled by europe and the united states. The us considers recycled material as a vital packaging category that estimates to a total demand of 90 percent. Asiapacific is likely the fastest growing green packaging region, as it is expected to grow by 10 percent in the next 5 years on an annual basis. Biodegradables, particularly bioplastics, are the most rapidly growing segment of the packaging industry with the highest demand. Source of information httpwww.sunpack.comblog201009sustainablepackagingflourishesweakeconomycomme…
