Press release
Green Packaging Market to Exhibit 6.20% CAGR from 2015 to 2021
The global green packaging market is expected to witness stable growth during the forecast period of 2015 and 2021. Green packaging, also known as sustainable packaging, is classified on the basis of packaging type, application, and geography. The market is expected to grow exponentially owing to growing environmental concerns across the globe.Request Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=711
As a result of this, efforts are being undertaken by governments and non-government organizations to reduce the emissions of toxic wastes. Using green package leads to considerably less toxic emissions and thus causes less population in the form of landfills.
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Based on application, the global green packaging market can be segmented into healthcare packaging, personal care packaging, and food and beverage packaging. Among these, the segment of food and beverage packaging is likely to emerge dominant rising at a CAGR of 6.4% between 2015 and 2021.
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This growth can be attributed to the growing consumer awareness regarding eco-friendly packaging and the harmful impacts of plastic and non-biodegradable packaging. Regulations imposed by governments to minimize the risk of food contamination is also expected to accelerate the use of green packaging in the food and beverages industry.
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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