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Green Packaging also known as Sustainable packaging is the development and use of packaging which results in improved sustainability.
This involves increased use of life cycle inventory (LCI) and life cycle assessment (LCA) to help guide the use of packaging which reduces the environmental impact and ecological footprint. It includes a look at the whole of the supply chain: from basic function, to marketing, and then through to end of life (LCA) and rebirth.
Additionally, an eco-cost to value ratio can be useful. The goals are to improve the long term viability and quality of life for humans and the longevity of natural ecosystems.
Sustainable packaging must meet the functional and economic needs of the present without compromising the ability of future generations to meet their own needs. Sustainability is not necessarily an end state but is a continuing process of improvement.
The market in China is projected to exhibit high growth in the years to come on account of a growing consumer base that places high importance on the packaging of consumer goods and foods and beverages. The manufacturers in the region are adapting to changing consumer preferences and moving towards more sustainable alternatives.
Many global players in the consumer goods sector, such as Unilever and Procter & Gamble, have been using post-consumer recycled plastics in their packaging solutions to further their green initiatives.
Hindustan Unilever Limited, a subsidiary of Unilever, has committed to using hundred percent recyclable packaging by next five years and has switched from commodity polymers to performance-based polymers.
The China Green Packaging Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Starch-Based Biomaterial – Cornstarch-based packaging, in particular, has seen a remarkable surge in interest over the last decade or so. Though it has many properties similar to those of plastic, cornstarch-based packaging derives from corn and is much eco-friendlier than plastic packaging.
It is versatile in its applications — manufacturers can use it to develop soda bottling, for example, or to make loose-fill packaging material. At many U.S. national parks like Yellowstone, the hotels and cabins use corn-based biodegradable containers to hold their amenities.
