
The analysts forecast the global green packaging market to grow at a CAGR of 7.83% during the period 2017-2021.
Green packaging is the use of manufacturing methods and materials for packaging of goods that have a low impact on the environment and energy consumption. Green or sustainable packaging uses environment-sensitive methods, including energy efficiency, recyclable and biodegradable materials, down-gauging, and reusability. The term biodegradation refers to the process of decomposition by the action of naturally occurring microorganisms over a period. Biodegradable polymers are derived from renewable sources such as potatoes, vegetable oil, rice, pea starch, tapioca, corn starch, sugarcane, wheat, grains, and cellulose from wood.