Replacing single-use plastic packaging through a plastic management system
One of the biggest frustrations today is the excessive use of single-use plastic packaging, which contributes to environmental pollution. A startup could provide a plastic management system that replaces single-use plastic with sustainable alternatives, such as biodegradable or reusable packaging. This solution would not only reduce plastic waste but also meet consumer demand for eco-friendly packaging.
Market size: The global sustainable packaging market size is projected to reach $440 billion by 2025, growing at a CAGR of 7.6% from 2020 to 2025. (source: MarketsandMarkets)