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Plastic packaging waste is a growing environmental concern due to its non-biodegradable nature and its contribution to global pollution. It is estimated that over 40% of plastic produced is used for packaging, and much of this packaging is not recycled or reused. This waste is often disposed of in landfills, where it can take hundreds of years to decompose. In addition, plastic packaging waste can end up in the ocean, where it can harm marine life and disrupt ecosystems.
In response to this growing problem, many companies have developed solutions to reduce plastic packaging waste. These solutions include the use of biodegradable materials, the development of more efficient recycling systems, and the implementation of reuse and refill programs. Additionally, some companies are working to create more sustainable packaging designs that reduce the amount of plastic used.
Some companies in the plastic packaging waste market include TerraCycle, Loop Industries, and Avantium. Show Less Read more