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Green Packaging Market

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Introduction<br />

• Global <strong>Green</strong> <strong>Packaging</strong> <strong>Market</strong> to reach $207,543 million by 2022 with a<br />

CAGR of 5.41% from 2016 to 2022<br />

• The market is anticipated to show significant growth in the next six years,<br />

fueled by the advent of bioplastic, environmental concerns on sustainable<br />

development and enforcement of stringent rules and policies by regulatory<br />

authorities<br />

• <strong>Green</strong> packaging can reduce greenhouse gas emissions, due to the reduced<br />

reliance on fossil fuels in production and biodegradable nature of the<br />

products<br />

• There is a rise in awareness among consumers of luxury goods, toward green<br />

packaging techniques that use bioplastics as raw material, across various<br />

sectors, including FMCG, personal body care, and pharmaceutical<br />

• By geography, it includes North America, Europe, Asia-Pacific, and LAMEA

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