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Consumption of Packaging Material By Indian Sectors

November, 2024

Plantable Packaging Market

Recent Packaging Consumption in India by End-users, 2021

The plantable packaging market is expanding due to major drivers such as increasing environmental concerns and strict regulations by authorities of many governments across the globe for plastic waste as it is immensely hazardous to the eco-systems due to its non-compostable nature. Plantable packaging provides an innovative solution that helps reduce waste and contributes to the maintenance of the environment. These packaging materials come with seeds that can be decomposed in the soil, which can be later converted into small crops. It could be a great deal between environmentally sensitive consumers and companies who want to gain green credentials in the global market.

  • Globally, Storopack launched an innovative material known as rPES, which is made up of 100% recycled EPS, offering an attractive solution for enterprises looking for climate-friendly solutions.
  • India recently imported approximately 1.7 MTPA of polyethylene prior to using % of its domestic ethylene production towards PE.

There is increasing opportunity for plantable packaging in diverse fields like cosmetics, pharmaceuticals, and industrial goods packaging. Increasing government strong support, customers' choices for biodegradable materials, and ongoing advancement in the packaging material further accelerated its adoption on a global level.

Alex T

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sales@statifacts.com

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