Green Packaging Market - by Application, Deployment Mode, Industry Vertical - Opportunity Analysis and Industry Forecast, 2015-2021
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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. Therefore, there is an extensive demand for green packaging in order to keep the environment pollution free and clean.
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Furthermore, rising initiatives by governments across the globe for clean environment and stringent regulations formulated by them are also likely to bolster the growth of the market in the coming years.
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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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