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