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One of the main factors fueling the expansion of the green packaging market in Europe is the increasing demand for recyclable and environmentally friendly packaging materials across a wide range of end-user products.
Furthermore, by reducing the use of conventional packaging materials, governments from a number of the region’s nations are implementing programs to preserve natural resources. Bio-based packaging and food-grade PET bottles have been introduced into the food and beverage industry as a result of the non-reactive nature of green packaging materials with food.
The Europe 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.
Uber and Visa have launched an initiative to help small restaurants transition to sustainable packaging. It implies that restaurants who would otherwise prioritise ecologically friendly business practices are concerned about continued supply chain challenges experienced by the hospitality industry and the cost of moving to sustainable packaging. The service, which includes information about eateries, is intended to help close the gap, according to Uber Eats and Visa.
They are excited to be focusing their efforts with Visa on how to assist restaurant owners in reducing packaging waste and making a difference in the battle against climate change, building on the success of our shared assistance for small and medium-sized enterprises.
Worldwide, almost every takeout order includes single-use packaging; together with Visa and its restaurant partners, they can work to reduce waste and support the growth of small businesses.
Businesses in all industries have a significant opportunity to embrace more sustainable practices in order to satisfy the demand for consumers who continue to express a desire to live more sustainably.
In an effort to ensure that small businesses don’t get left behind in the necessary business transitions, Visa is thrilled to expand its collaboration with Uber Eats. By giving its partners a 50% discount on the price of sustainable packaging, Deliveroo launched a similar project that sought to divert over 400 tonnes of single-use plastic from landfills.
