Growth in plant-based plastic packaging market
With ever growing global concerns regarding pollution caused by other compounds of plastic, the invention of plant-based plastic packaging has been a big change that is quickly gaining popularity.
In a new study titled "Plant-based Plastic Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016–2024," The study examines that many government backed private companies are investing in R&D to make plant-based plastic packaging cheaper and viable on the market. These next-generation plastics are made from agricultural waste, sugarcane, switch grass, grasses, and corn. The report also affirms that plant-based plastic packaging helps reduce greenhouse gases by up to 35% and takes up to 36% less energy to produce as compared to your every day plastic packages.
source: digitaljournal.com
