Mustanshir Motiwala’s Post

View profile for Mustanshir Motiwala, graphic

Proprietor of WrapEase

A survey by McKinsey & Company found that 60-70% of consumers are willing to pay more for sustainable packaging 🌿 🍀 As global awareness of environmental issues grows, so does the demand for sustainable packaging solutions. 🌍According to a report by Market Research Future, the global sustainable packaging market is projected to reach $470.3 billion by 2027, growing at a CAGR of 7.55% from 2020 to 2027. This growth is driven by increasing consumer preference for eco-friendly packaging. Consumer Preference: Shift in consumer behavior is pushing companies to innovate and adopt greener packaging options. Regulatory Support: Governments worldwide are implementing stricter regulations to reduce plastic waste. Like SUP ban in India, Australia and many more countries. Corporate Responsibility: Major corporations are committing to sustainability goals. For example, Unilever aims to make all of its plastic packaging fully reusable, recyclable, or compostable by 2025. This corporate commitment is a testament to the importance of sustainable packaging in today’s market. Innovative Solutions: From compostable materials to reusable packaging, innovation is at the heart of this shift. Our own WrapEase Certified compostable food wrapping paper is an example of how businesses can lead the way in offering eco-friendly packaging solutions. The rise of sustainable packaging is not just a trend; it’s a vital step towards a healthier planet. Let's continue to innovate, adopt, and support sustainable practices for a greener future. #Sustainability #EcoFriendly #SustainablePackaging #Innovation #WrapEase #GreenFuture #CorporateResponsibility #packaging #pack #sustainable #compostable #Compostable Packaging #FoodWrap https://lnkd.in/d5HA4nVS

Mustanshir Motiwala on Instagram: "A survey by McKinsey & Company found that 60-70% of consumers are willing to pay more for sustainable packaging 🌿 🍀 As global awareness of environmental issues grows, so does the demand for sustainable packaging solutions. 🌍According to a report by Market Research Future, the global sustainable packaging market is projected to reach $470.3 billion by 2027, gro

Mustanshir Motiwala on Instagram: "A survey by McKinsey & Company found that 60-70% of consumers are willing to pay more for sustainable packaging 🌿 🍀 As global awareness of environmental issues grows, so does the demand for sustainable packaging solutions. 🌍According to a report by Market Research Future, the global sustainable packaging market is projected to reach $470.3 billion by 2027, gro

instagram.com

To view or add a comment, sign in

Explore topics