Over 90% of all disposed plastic material within the United States are not recycled. If present recycling trends continue, by 2050, there will be 12 billion metric tons of plastic in landfills around the world. The global packaging industry is one of the largest contributors to this problem. With e-commerce growing exponentially, it is clear that this issue is not going away.
Consumer awareness about the negative impacts of traditional packing practices is finally rising, and sustainable packaging companies are beginning to enter the market and scale. More and more retail companies are using biodegradable packaging solutions and the green packaging market is expected to grow exponentially to reach nearly $300 billion by 2024. Impact investors looking to realize impressive financial gains and positive environmental impact can capitalize on this expanding market.
This Boundless webinar was led by packaging expert Charlie Schwarze of The Recycling Partnership and featured two up-and-coming packaging technologies: Andrew Meyer of AeroFlexx and Michael Bilodeau of HS Manufacturing.