Today, in this environment-friendly world, businesses and consumers demand sustainable packaging solutions. Global plastic wastes piled up to 350 million tons annually, of which 9% is recycled. Innovative and Eco-friendly packaging boxes is an utmost necessity now.
Fortunately, there are spectacular emerging technologies and sustainable packaging materials to counter this. Here are five sustainable packaging solutions that can transform an industry.
For better environmental impact and sustainable practices, here are 5 best sustainable solutions in the packaging industry,
One of the most exciting innovations of last year has been in creating printed boxes for mushroom. The root structure of mushroom is mycelium which can be grown as per shapes and sizes required to make this biodegradable packaging.
Companies like Ecovative Design have replaced polystyrene foam with mycelium packaging. It composts into an easily organic form in 30 days where as the polystyrene packaging takes around 500 years to disintegrate.
Uses: It is perfectly protective packaging for fragile items such as electronics and glassware.
The global biodegradable packaging market is likely to grow at 17.04% CAGR between the years 2023 to 2030 and by the year 2030 would reach $211.9 billion.
Imagine eating your food and its package! This is edible packaging, which is no more a thing of dreams as it becomes reality. Made from natural ingredients such as seaweed, rice, and potato starch, it could be eaten and wasted. Edible packing wastes everything completely, not contributing to landfills.
Uses: Single-serve items include condiments, different snacks, and coffee pods.
The edible packaging market is expected to grow from 2022 to 2030 at a CAGR of 6.8% due to the rise of demand for zero-waste solutions.
Bioplastics are produced from renewable sources such as corn, sugarcane, and algae. Unlike the petroleum-based plastic, these are compostable, and their carbon footprint is comparatively become far lower than that of other traditional plastics. While producing bioplastics, it generates greenhouse gases by about 60% less compared to conventional plastics.
Uses: Food containers, bottles, and even disposable cutlery.
The global bioplastics market is anticipated to touch $ 29.7 billion by the end of 2030, which can expect a healthy growth by CAGR rate of 18.1%.
Reusable packaging systems take center stage as businesses move toward a circular economy. Loop partners with brands to design reusable containers for everyday products. Customers return empty containers to Loop, which cleans, refills, and prepares them for lease again. Up to 75% less waste versus one-time-use packaging.
Uses: Grocery, personal care products, and e-commerce packaging.
The reusable packaging market is touted to grow at a CAGR of 5.2% from 2020 to 2030.
Water-soluble packaging dissolves in water and leaves no trace. These sustainable materials include polyvinyl alcohol (PVA), making it best suitable for applications where it is necessary to dispose of things after single use. It eliminates plastic waste and is safe for marine life as it dissolves without microplastics.
Uses: Commonly applied for detergent pods, agrochemicals and personal care products.
The water-soluble packaging market is expected to grow during the forecast period 2022-2030 at a CAGR of 5.8% owing to its being environmentally friendly.
As consumer awareness and regulatory pressure on companies increase, the gradual shift toward sustainable packaging solutions will be expedited. Citing a 2023 McKinsey report, 60% of consumers are willing to pay more for products bearing Eco-friendly packaging.
Such governments also have stricter laws against some single-use plastics worldwide, which again inspires innovation in this area.
Companies applying these cutting-edge solutions will be contributing to the environmental economy while gaining an edge over the competition by aligning with consumer values. Mushroom-based packaging, to edible wrappers, the sustainable future of packaging is green, innovative, and waste-free.