Over the course of the past few years, there have been great strides from the packaging and food industries to reduce the amount of food packaging materials. In 2014 alone we have seen a slew of bio-based packages to hit the market. And it looks like the Green packaging market is going to continue to grow.

According to the Global Green Packaging Market 2014-2018 research report the Global Green (Sustainable) Packaging market is forecast to grow at a CAGR of 7.1% over the period 2013-2018. The report segments the sustainable packaging industry in terms of product by type into Recycled, Reusable, and Degradable packaging products. Green or sustainable packaging is a type of packaging that is produced from sustainable, renewable, and recyclable raw materials such as paper, plastic, metal and glass. These materials can be easily bent or molded as needed, but can return to their original form once released.

One of the major advantages of green packaging is that it produces less toxic emissions such as carbon dioxide, once it is discarded after use. With the increasing environmental concerns worldwide and the growing need to reduce toxic emissions, green packaging is increasingly being adopted by the Food and Beverage, Healthcare and Personal Care industries.