#biodegradableplastic

[rutujamnm]

Biodegradable Plastics Market worth $20.9 billion by 2028

The report "Biodegradable Plastics Market by Type (PLA, Starch Blends, PHA, Biodegradable Polyesters), End Use Industry (Packaging, Consumer Goods, Textile, Agriculture & Horticulture), and Region( APAC, Europe, NA, South America, MEA) - Global Forecast to 2028", is projected to reach USD 20.9 billion by 2028, at a CAGR of 21.3% from USD 7.9 billion in 2023.

The Biodegradable plastic market is driven by the demand for green based plastics in various industries, including packaging, consumer goods, textiles, and agriculture & horticulture among other end-use industries. The biodegradable plastics market includes both bio-based biodegradable plastics and synthetic/petrochemical-based biodegradable plastics. The market is witnessing significant growth across the world due to the increasing awareness and stringent government regulations about the use of non-biodegradable plastics.

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 “PLA based biodegradable plastic is projected to grow at fastest CAGR, in terms of value, during the forecast period.”

PLA is the most used type of biodegradable plastic. As the world becomes more aware of the environmental impact of traditional plastics derived from fossil fuels, there has been a growing demand for sustainable and eco-friendly alternatives. PLA offers a solution by reducing dependence on non-renewable resources and minimizing plastic waste. There is a growing demand for eco-friendly packaging, disposable cutlery, food containers, and other consumer goods made from biodegradable materials. PLA satisfies this demand by offering a renewable and biodegradable alternative to conventional plastics.

“Consumer goods is projected to be the second largest application type in the biodegradable plastic market, in terms of value.”

Consumer goods are the second-largest end-use industry of biodegradable plastics. The major consumer goods considered under this segment are electrical appliances, domestic appliances, and others. The major consumer goods manufacturers are shifting their focus from traditional plastics to biodegradable plastics to reduce the negative impact on the environment. Biodegradable plastics are used for manufacturing consumer goods such as touchscreen computer casings, loudspeakers, mobile casings, and vacuum cleaners.

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“Europe is expected to be the fastest growing market for biodegradable plastics during the forecast period, in terms of value.”

Europe is the largest consumer of biodegradable plastics. The packaging industry is the largest end-use industry of biodegradable plastics in Europe. The political and economic conditions have also driven the market penetration of these products. The EU Commission has focused on the Lead Markets Initiative, where bioplastics has been identified as one of the most important potential markets. The strict government norms and economic conditions have also driven the biodegradable plastics market. These factors have been responsible for developing biodegradable plastics, with collaborative research, in the region.

New product launches and expansions are the major growth strategies adopted by the key players in the market. The key global players in the biodegradable plastics market include BASF (Germany), NatureWorks (US), Total Corbion (Netherlands), Novamont (Italy), Biome Bioplastics (UK), Mitsubishi Chemical Holding Corporation (Japan), Toray Industries (Japan), Plantic Technologies (Australia), Danimer Scientific (US), and Fkur Kunstsoff (Germany).

[pepeleads]

💉🔬 **The Future of Healthcare Innovation: India’s Medical Plastics Market** 🇮🇳🌱

Did you know that the **medical plastics industry in India** is growing rapidly? With advancements in **medical devices**, **surgical instruments**, and **drug delivery systems**, the demand for high-quality medical plastics is skyrocketing. 📈💡

Explore the **market trends, growth drivers**, and **key opportunities** shaping the future of healthcare in India! From **sustainability initiatives** to innovations in **biodegradable plastics**, the Indian medical plastics market is set to revolutionize patient care. 🌍💊

👉 **Link in bio** to learn more about how this industry is evolving and the trends shaping its future.

#MedicalPlastics #HealthcareInnovation #IndiaMarket #MedicalDevices #PlasticIndustry #HealthcareTrends #SustainableHealthcare #BiodegradablePlastics #MedicalTechnology #IndiaGrowth #PlasticMarket #HealthcareOpportunities #MedicalManufacturing

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[de3dprintman]

View this post on Instagram

A post shared by De3DPrintman (@de3dprintman)

My new friends from @3dtomorrow gave me some of their new biodegradable filament to try and I love it already. To try some settings, I'm printing a dual color @3dbenchy in 0,3 mm layers and 15% infill using the beautiful Moonlight Blue Astro PLA and Bright Orange Pro PLA on the Original Prusa i3 MK3S with MMU2S by @josefprusa. #3dprinting #3dprinter #3dprint #3dp #prusa3d #prusaprinters #prusaresearch #prusai3mk3 #prusai3mk3s #mmu2s #josefprusa #3dtomorrow #filament #pla #biodegradable #ecofriendly #biodegradableplastic #maker #de3dprintman https://www.instagram.com/p/B3pBQw1nkDx/?igshid=1oeck7ns54c4f

[modwrap]

Compostable/Degradable Car Seat Covers

Want to retain the newness of your car seats? Fabric car seats often tend to hoard a lot of germs! Now you can keep them clean and new with our wonderful range of biodegradable compostable bags from Modwrap. Our bags are nontoxic, marine safe and can be easily slipped on car seats. 

Share your requirement at sales@modwrap.com or call us at +91-9811380229, +91-9953754229.

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Website: www.modwrap.com

Follow us on our other social media channels:

Facebook: https://www.facebook.com/Modwrappackaging

Instagram: https://www.instagram.com/themodwrap/

Twitter: https://twitter.com/themodwrap

LinkedIn: https://www.linkedin.com/company/modwrap/

[eco-ecuo-equal]

View this post on Instagram

A post shared by EcoConcepts♻️Eco & Sustainable Products (@ecoconcepts)

生物基塑膠 Bio-based plastic 與 可生物降解塑膠Biodegradable plastic... 不是一樣的 Difference between Bio-based plastic & biodegradable plastic. Yes, they are not exactly the same 👆🏻👆🏻👆🏻 睇 POST #ecoconcepts #biobasedplastic #biodegradableplastic #ecofact #reducewaste #reuse #綠號 #重用 #減廢 #大自然 #愛地球 #本地設計 #環保 #環保杯#本土品牌 #tgif #greenfriday https://www.instagram.com/p/CiAKJV6hC2-/?igshid=NGJjMDIxMWI=

[istartyourbusiness]

This Year Temperature is very High. Earth is burning fire, and we are running out of time. Climate Change is Real If We Want to Save Earth, we have to act. Three Biggest Technology Challenges we are Facing Today Are. Green Plastic - Biodegradable Plastic Cheap Desalinization Technology Food For All #ClimateChange #GreenTechnology #EnvironmentFriendly #Plastic #BiodegradablePlastic #CleanWater #Hunger #Poverty #FoodForAll (at Kuwait City) https://www.instagram.com/p/CQ7cX_ar4Ep/?utm_medium=tumblr

[zaisubao]

Biodegradable plastic maker plans $700M Georgia factory A southwest Georgia company announced Monday that it will spend $700 million to build a factory to produce biodegradable packaging for the world’s largest candy makers and others.

[shyamalathadevi]

#RAKChallenge Day 12 Today’s Random Act of Kindness: In order to do something for the environment, I ditched my gym, took a biodegradable bag and decided to do plogging on the Bandstand promenade. I could collect so much litter/plastic within no time though it was already cleaned. We really need to be responsible to save our planet. #randomactsofkindness #savetheplanet #SaveOurPlanet #biodegradableplastic #Plogging #litter #Plastic #Bandstand #plasticfree #bandstandpromenade #littlethings #beresponsible #doingmybit #littlethingsido #humansofbombay #saveenvironment #humansofhyderabad #bandrabuzz #bandrainfo #bandrainfluencers #sea #mumbai (at Promenade at Bandstand..Bandra) https://www.instagram.com/p/B56zdoaptZI/?igshid=1fm05ma3akb3a

[capitalcolours]

Oxo-biodegradable masterbatches manufacturers

Capital Colours are best Oxo-biodegradable masterbatches suppliers in Hyderabad.With increasing public concern over plastic waste, the requirement for biodegradable plastics is increasing. We all know that Plastic is the best material for the majority of packaging. Saving the environment from pollution has become need nowadays. Our biodegradable masterbatch is one such step towards environment safety. The shelf & service life of degradable and biodegradable plastic products can be modified based on customer requirements varing from a few months to years.

 Benefits of Oxo-biodegradable masterbatches

Ø  Help to reduce the collision of plastic waste on the environment.

Ø  Add more value to other products and brands.

Ø  Has all the characteristics of normal plastic without any harmful effects on this Environment.

Ø  Small addition make standard polyolefins oxo-biodegradable.

Ø  No investment in machinery needs for manufacturing.

Ø  Cost effective method to enhance environment credentials of plastics.

[priyasinghbssi]

[pepeleads]

💉🔬 **The Future of Healthcare Innovation: India’s Medical Plastics Market** 🇮🇳🌱

Did you know that the **medical plastics industry in India** is growing rapidly? With advancements in **medical devices**, **surgical instruments**, and **drug delivery systems**, the demand for high-quality medical plastics is skyrocketing. 📈💡

Explore the **market trends, growth drivers**, and **key opportunities** shaping the future of healthcare in India! From **sustainability initiatives** to innovations in **biodegradable plastics**, the Indian medical plastics market is set to revolutionize patient care. 🌍💊

👉 **Link in bio** to learn more about how this industry is evolving and the trends shaping its future.

#MedicalPlastics #HealthcareInnovation #IndiaMarket #MedicalDevices #PlasticIndustry #HealthcareTrends #SustainableHealthcare #BiodegradablePlastics #MedicalTechnology #IndiaGrowth #PlasticMarket #HealthcareOpportunities #MedicalManufacturing

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[latestmarketshare]

Sustainable Packaging Market Size Forecast to Reach $869.2 Million by 2026

Sustainable Packaging Market size is forecast to reach $869.2 million by 2026, after growing at a CAGR of 8.8% during 2021-2026. Globally, the demand for sustainable packaging is increasingly carried out in the healthcare and personal care sector since sustainable packaging involves the use of recyclable materials that contribute to environmental stability and contribute to the impact of ecological footprint. Also, the perception of sustainable packaging is quickly growing in the food and beverage industry thereby driving the market. Furthermore, rising government initiatives towards sustainable packaging is further anticipated to create new opportunities for the growth of the global sustainable packaging industry in the forecast era. Impact of Covid-19 Due to the Covid-19 palindrome, the sustainable packaging market has been severely hit. The nationwide lockdown paused all manufacturing activities which led towards the declination in the demand and supply for sustainable packaging in the year 2020. Presently, looking forward towards the new normal condition the demand for sustainable packaging is estimated to rise from various applications over the forecast period (2021-2026).

Sustainable Packaging Market Segment Analysis - By Material Type

The paper segment is the largest revenue generating segment held a share of more than 30% in the market in 2020, due to increased government campaigns to educate consumers about the benefits of paper packaging and environmentally friendly products, that are expected to benefit the growth in the industry. Papers are being used for many applications in flexible packaging, including confectionery, pet food and dried food. After many years of declining demand, paper-based flexible packaging is becoming increasingly popular with the general public as end-consumers demand more sustainable solutions to packaging. Today, consumers view paper widely as a more environmentally friendly alternative to plastic. A survey of European consumer preferences commissioned by Two Sides in 2020 concluded that 62 percent of consumers see packaging of paper and cardboard as better for the environment. In addition, 70 percent of consumers surveyed reported taking active steps to reduce their use of plastic packaging.

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Sustainable Packaging Market Segment Analysis - By Layer Type

Primary packaging held the largest share of more than 30% in the sustainable packaging market in 2020. Primary packaging is the packaging which protects the product the most closely. Also, it can be named retail or consumer packaging. Primary packaging is used for bottle and can packaging in the beverage industry, or where the drink is stored in. Primary packaging in the pharmaceutical industry refers to the blister packages which contain a certain medication. From the past few years there is an increase in demand for more sustainable primary packaging and less demand for plastic for less waste generation. According to the study reported by CNBC, humans buy 1 million plastic bottles per minute worldwide, and recycle only 9 percent of them. On the contrary, this article by The Dieline introduces some unique and sustainable primary packaging onto the market today. Thus, increasing demand of sustainable primary packaging will further drive the market in the forecast period.

Sustainable Packaging Market Segment Analysis - By Process

Recycle content packaging held the largest share of more than 25% in the sustainable packaging market in 2020. Consumers are increasingly concerned about the environmental impact of packaging, and as part of the solution, many retailers are seeing recycled content in packaging. Whether they choose paper or plastic, businesses can opt for recycled content to reduce their dependence and impact on virgin materials. Guidelines on recycled material of plastic packaging have been established by the British Plastics Federation (BPF) along with the Cosmetic, Toiletry and Perfumery Association (CTPA) and the Food and Drink Federation (FDF). The guidelines, titled Recycled Content Used in Plastic Packaging Applications, were meant for businesses planning to use recycled plastic content in packaging for beverages, foodstuffs, pharmaceuticals and cosmetics, as well as for policy makers.

Sustainable Packaging Market Segment Analysis - By Function

Active packaging held the largest share of more than 30% in the market in 2020 due to its wide use in the sustainable packaging market. The potential of nanotechnology is actively explored in the food packaging sector including active packaging. Thereby the transformation of active compounds from micro to nanoscale provides a new opportunity. Also, intelligent food packaging is also becoming increasingly popular due to the growing use of active packaging, which requires monitoring of the performance of active components and the overall packaging conditions, and intelligent systems that enable rapid and reliable product differentiation, traceability and other interactive features. The European Regulation (EC) No 450/2009 describes active packaging as a packaging system that communicates with the product by 'intentionally inserting components that would release or absorb substances into or from the packaged product or the food environment'.

Sustainable Packaging Market Segment Analysis - By Applications

Food & Beverage sector held the largest share of more than 35% in the sustainable packaging market in 2020 and is projected to grow at a CAGR of 12.5% during the forecast period 2021-2026. Sustainable packaging has become a necessity in the food and drink industries. In order to remain competitive in the current market and to prosper in the future, packaging must become sustainable for food and beverage companies. Consumer desire and demand fuel food and beverage producers around the world in their research and development budgets. As the Gross Domestic Product continues to grow in countries such as India and China, food and beverage markets will expand and their packaging will be put under fire. Also, further motivating factor for food and drink producers is the consumer health. Therefore, with the growing demand for food and beverage the demand for sustainable packaging market is expected to grow in the forecast period.

Sustainable Packaging Market Segment Analysis - By Geography

North America held the largest share with 41% in sustainable packaging market in 2020, due to the growing adoption of eco-friendly products in end-user industries. U.S., Canada and Mexico are some of the countries driving the sustainable packaging market in the North America region. Corrugated boxes were the largest single-product category generated by MSW at 32.5 million tons, or 12.2 percent of total generation in 2017.Corrugated boxes also represent the largest single product of recycled paper, paperboard and packaging containers. According to the U.S. Environmental Protection Agency, out of 30.1 million tons of total paper and paperboard recycling, about 28.8 million tons of corrugated boxes have been recycled in 2017. The recycling rate was 88.4 per cent for corrugated boxes. Also, according to the World Economic Forum, Mexico City will wage war over plastic waste. Plastic bags will be gone out of the city's shops by next year. And from 2021, single-use items will be against the law, including cutlery, straws, cups, and balloons. Hence increasing initiatives by the governments in North America for biodegradable packaging and environmentally friendly products, the market demand for sustainable packaging will rise in the forecast period.

Sustainable Packaging Market Drivers

Increasing demand for sustainable packaging in the personal care and healthcare industry

Manufacturers are worried about the impacts of packaging on the environment and make efforts to minimize, reuse and recycle. Because of the cost-efficiency, increasing energy and resin costs will make these environmentally friendly measures especially appealing. Packing healthcare faces immense sustainability challenges. Sustainable packaging also helps avoid microbial penetration as well as strength and tear resistance, and is compliant with a broad variety of sterilization techniques. This helps in both transport and storage to avoid unnecessary harm or contamination to medical equipment or medications. Also, product packaging fulfills many important functions like maintaining product quality, product dosage and dispensing, ease of use and storage, and providing essential product use and ingredient details. For instance, in October 2019, L’Oreal announced the development of the first paper-based cosmetic tube, to reduce the environmental impact and improve the footprint of packaging.

Growing government initiatives towards sustainable packaging

The Department for Industry, Energy & Industrial Strategy is looking to be a front runner in sustainable packaging growth. Together with states and territories and industry, the Australian Government is working to reduce the amount of plastic waste, with an increase in recycling and reducing environmental effects. This involves assisting industry in developing more sustainable technologies and recycling products to eliminate wastage and litter before they reach the environment. According to the Department of Agriculture, Water and the Environment, APCO's Strategic Plan 2017-2022 focuses the Covenant’s work on enhancing resource efficiency through sustainable packaging design, diversion of packaging from landfill through customer education and packaging labeling, and enhancement of packaging sustainability through study and information sharing through industries. According to the Government of U.K., the UK Government's Smart Sustainable Plastic Packaging Initiative Industrial Strategy Challenge Fund is also planning to significantly minimize plastic waste by 2025. Investing in initiatives aimed at making the UK a leader in smart and sustainable plastic packaging has grown to £60million (USD 80.51 million). Thus, further increasing government initiatives towards sustainable packaging will drive the market over the forecast period.

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Sustainable Packaging Market Challenges

Instability in the price of raw materials

Fluctuation in raw material prices will hinder the overall sustainable packaging market size during the forecast period. The market pattern of raw materials with their present ups and downs is influenced mainly by supply and demand. Global economies, competitive and unpredictable, have wide consequences for industrial organizations. Fluctuations in the price levels of raw materials, unexpected challenges are destabilizing production chains and making it impossible for suppliers to stay in the black. With suppliers of certain raw materials being more difficult to obtain, fluctuations of product prices will not be merely a transient occurrence, and it is up to producers either to bear increased costs, discover new ways to reduce expenditures, or to push price changes on to consumers who are still hesitant to invest. Due to the COVID-19 pandemic, shortage in the supply and demand of raw materials has been seen owing to which the price of raw materials has reached to its peak. Hence, increase in raw material prices will further create hurdles for the sustainable packaging market in the projected period.

Lack of awareness of the value of sustainable growth in many developing economies

The most popular respondents are mindful of the environmental effects of packaging, environmental conservation; recycling and the sense of duty are the primary factors for buying. Paper, glass, cardboard and in smaller proportion plastic and wood are the chosen packaging choices. The reasons why customers are not willing to spend more for green packages are the price of commodities that contribute to the low budget of the customer and a lack of knowledge. Lack of awareness of the value of sustainable packaging is the fact that it is difficult for customers to report locates product packaging content. Also, in order to buy environmentally friendly products, the consumers need to have the knowledge or be willing to seek knowledge and information. Hence, public's view of sustainability, vocabulary differences and an inconsistent approach to sustainable packaging is due to the lack of consumer awareness, which is restraining the growth of the market.

Sustainable Packaging Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the sustainable packaging market. In 2020, the market of sustainable packaging has been consolidated by the top five players accounting for xx% of the share. Major players in the sustainable packaging market are Amcor Limited, Bemis Company, Inc., Tetra Laval International S.A., Mondi PLC, Westrock Company, BASF SE, Sonoco Products Company, Smurfit Kappa Group PLC, Sealed Air Corporation, and Huhtamaki OYJ among others.

Acquisitions/Technology Launches

In August 2020, Sonoco acquired Sustainable Paper Can Solutions Producer to increase the portfolio of Sonoco’s sustainable packaging solutions.

Key Takeaways

North America dominates the sustainable packaging market owing to the increasing awareness about environmental concerns among consumers and rising use of sustainable packaging in various end use industries.

Issues pertaining to sustainability, ethics and safety, environment, quality and product costs are becoming increasingly important for modern-day consumers when purchasing products. Thus, increasing use of sustainable products to get rid of such issues will drive the market in the forecast era.

Halted manufacturing activities across various end-use industries have led to weakened demand for sustainable packaging. The shortage of raw materials and fluctuations in the price is also anticipated to impact the sustainable packaging market in the near future.

Related Reports :

A. Biodegradable Plastic Market

https://www.industryarc.com/Report/15536/biodegradable-plastic-market.html

B. Flexible Packaging Market

https://www.industryarc.com/Report/15186/flexible-packaging-market.html

For more Chemicals and Materials Market reports, please click here

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[mercurious-minds-blog]

The Optimistic Future of Plastics

Although they have caused much damage, the future of plastics looks somewhat promising. Plastics, aka polymers, can be made from many natural materials, but most are made by reconstituting the primary chemicals that come from oil, natural gas, or coal. There are 2 main types of polymers in which all plastics can be grouped: Thermoset and Thermoplastics. Thermosets are plastics that irreversibly solidify or “set” when heated or cured, much like an egg when cooked. Some of these include mattresses, cushions, tubs, furniture, and adhesives. Thermoplastics are plastics that soften when heated and harden when cooled, much like water and ice, so it can be molded. Examples of thermoplastics include packaging, carpet fibers, microwave containers, and electric cable sheathing.

Plastic Pollution

Plastic pollution has reached nearly every corner of the globe and can be found on every beach in the world. Scientists have even discovered microplastics deep in the Arctic ice. Reports say that up to 12,000 pieces of microplastic particles were found per liter of ice, and this is just in the Arctic. There’s an estimated 260,000 tons of plastic floating in the world’s oceans. Plastics in the ocean may not even be our biggest problem. Because of improper waste disposal, it’s estimated that soil plastic concentrations are 4-23 times higher than marine plastic, depending on the environment. Soils get polluted in many ways, but sewage is a major factor. Sewage sludge is often used as fertilizer, meaning several thousand tons of microplastics end up in our soils each year. As they break down, chlorinated plastics release harmful chemicals that leak into surrounding areas and get washed into ground and drinking waters. Chemicals such as Bisphenol A (BPA) that leak into waters and soils can cause hormonal defects among vertebrates and invertebrates alike. Once in the body, microplastics can cause inflammation and even cross tough membranes such as the blood-brain barrier or the placenta.

Plastic Solutions

Plastic Eating Enzymes In a 2016 report published in the Science Journal, Japanese researchers discovered a species of bacteria that could break down the molecular bonds of polyester, one of the most used plastics in the world. After some tweaking and experimenting, scientist discovered that they mutated the enzyme to be even better at breaking down plastic. They are hoping to speed up the process even further and using the enzyme to recycle plastic, eliminating the need to make more. Plastic Bricks Researchers from the National Council of Scientific and Technological Research (CONICET) in Argentina have come up with a way to turn used plastic bottles into eco-friendly bricks that are just as strong as conventional house bricks. Actually, the plastic bricks are better because they’re thinner, lighter, and have insulating abilities 5 times higher than conventional bricks. A company called ByFusion is doing a similar thing. Their design involves a portable modular platform that shreds and compresses scrap plastic directly into bricks and uses extremely hot water to fuse them together. The plastic doesn’t even need to be sorted or washed beforehand. On top of that, the whole process produces 95% lower greenhouse gas emissions than concrete production.

Plastic Roads A Netherlands company, KWS has developed a road made completely from recycled plastics. The plastic road has a hollow space that can be used to store water temporarily, preventing flooding in extreme weather, and can also be used to transit cables and pipes. The benefits of a plastic road seem endless. It’s 4 times lighter than traditional roads, lasts 3 times longer, and can be built 70% faster. Since its virtually impervious to weather and weeds, little to no maintenance is required. On top of that, it offers room for further innovation like solar roads to power street lights and traffic signals, eliminating the need to burn fossil fuels for energy. Biodegradable Plastics Switching to biodegradable plastics doesn’t undo the damage done by regular plastics, but it prevents further destruction. Biodegradable plastics can be made from a wide range of all-natural plant materials such as corn oil, orange peels, or starch, and do not release harmful chemicals into the environment while decomposing. Although they are very popular, one thing many people don’t know about biodegradable plastics is that their natural breakdown process won’t occur if simply thrown in a landfill with other trash. These plastics must be treated as compost in order for them to decompose properly. Each of us has the responsibility to be stewards of our world. Something as simple as sharing knowledge can have a huge impact. Read the full article

[amarnathsmm-blog]

Ensafe biodegradable bags and compostable bags is the best ECO solution available to eliminate plastic landfills and protect our environment. We enable you to protect the next generation. We sell to wholesalers and retailers all over india