2Sustain

Another new study predicts that growth in sustainable packaging will far outpace other forms of packaging in coming years.

According to a press release, E.I. DuPont Nemours and Company estimates that the growth rate of sustainable packaging will achieve an incredible 25%-30% per year, compared with the overall packaging industry’s anticipated growth rate of 4%. In addition, their research shows that 44% of consumers say their green buying habits remain unchanged despite the current economy, while a third of consumers say they are actually more likely to buy green today than previously.

These results echo findings from Pike Research that I posted about earlier this year. As a result of their study, Pike Research forecasted that sustainable packaging will comprise  nearly one-third (32%) of the total packaging market by 2014 –that’s up from 21% in 2009.

Biopack Environmental Solutions Inc., a company that designs, maufactures, and supplies 100% biodegradable packaging products, is well-positioned to take advantage of this emerging trend.

“Despite the global economic slowdown, consumers are demanding more environmentally friendly products and companies like Biopack are taking the opportunity to create new markets, develop new ideas and stimulate demand for our products,” says Gerald Lau, Biopack’s CEO. “Biopack Environmental Solutions was founded on the principle of creating a durable line of consumer packaging that is both eco friendly and easily biodegradable. As more packaging decision makers opt for sustainable packaging solutions, our company looks to be ideally positioned to grow with the trend towards more ecologically sound and socially responsible consumer packaging.”