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The world community is highly concerned with the issues of environmental protection. That is why sustainability has turned into one of the most popular trends in doing business. It can be easily explained by the fact that consumers worldwide prefer purchasing environmentally friendly products – those manufactured with minimal impact on the natural environment.
The concept of sustainability in manufacturing rests upon two principles – decreasing the emission of greenhouse gases into the atmosphere using recyclable resources during the very process of production and falling upon renewable sources of energy during both production and transportation stages.
Environmentally, the impact on the natural environment is minimal due to using recyclable resources for production and renewable sources of energy during manufacturing. Furthermore, it is a significant contribution to solving the problem of climate change.
From the economic perspective, eco-friendly packaging is more cost-effective due to spending fewer resources and materials as well as low levels of waste connected to the production process. Finally, there is a psychological aspect that should not be ignored.
The Spain 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.
Recyclable Packaging – In order for packaging to be recyclable, it needs to satisfy three simple criteria: be separable, labelled correctly and clean. Companies have to encourage their customers to actually recycle these products as some people may not be aware.
Recycling is one of the oldest tricks in the book to protecting the environment.
It’s common for consumers to throw away the packaging after using or consuming the product. Regardless of the material used, this habit can harm the environment as the materials can threaten wildlife and pose risks to human health.
As long as done regularly, recycling can reduce the size of landfills, conserve natural resources, and help people save more money.
A Future Market Insights (FMI) upcoming market intelligence report on Flexible Packaging Paper Market global packaging industry finds that, due to rise in plastic waste caused by packaging, market players around the world are now focusing on biodegradable and recyclable packaging material.