Biodegradable Plastics – a huge ‘green’ business opportunity for entrepreneurs


Plastics have been part of our lives, but what is the actual implication? Plastic pollution has been the talk of the day. It can alter habitats and natural processes, reducing ecosystems’ ability to adapt to climate change, directly affecting millions of people’s livelihoods, food production capabilities and social well-being.

Plastic waste is one of the biggest environmental challenges facing the world today. The world produces 1900% more plastic each year today than it did 50 years ago.

International Plastic Bag Free Day is celebrated on July 3. Basically, it is a global initiative that aims to eliminate the use of plastic bags. Here’s a reality check – it can take up to 500 years for plastic bags to disintegrate!! So, Free the Ocean founded International Plastic Free Day – to raise awareness that surrounds one of the most pressing issues centred around our environment. The day is a call to action and puts the spotlight on the plastic we use every day.

International Plastic Bag Free Day looks for safer alternatives to demonstrate that a world without the use of so much plastic is indeed, possible. It is part of the Break Free from Plastic Movement, which began in September 2016, which has been joined by nearly 1,500 different organizations. The movement is looking for solutions to the plastic pollution crisis – to make the planet safer for humans, the environment and wildlife.

How to celebrate Plastic Bag free Day? The best way to celebrate is also the easiest to do. Wherever you find yourself on July 3rd, from the grocery store to the park, to a restaurant, make sure not to use and not to ask for any plastic bags.

Reduce, reuse, and recycle!

Another spectacular way to celebrate is to recycle and upcycle the things around you. Even if you have some plastic bags lying around, don’t throw them away. You can use them as extra trash bags or an alternative to a lunchbox as just a few examples.

Biodegradable Plastic Bags – a huge business opportunity for entrepreneurs

When microorganisms break and dissolve biodegradable plastics in an environment, they are less harmful to the surroundings, as compared to the other traditional plastic bags. The forecast suggests the market to rise by a CAGR of 17.04 percent with a value of USD 12.06 billion by the end of 2025. As the non-biodegradable market is a wider issue to the environment, many governments today have banned single-use plastics and are encouraging more usage of biodegradable ones. Overall, the biodegradable plastic industry is a huge business, and its market comprises of – packaging, horticulture, textiles, consumer goods, automotive, medical, construction, and various others where the largest growing industry is of packaging and bags. There is a huge scope as innovation blooms here, for improving the environment and public health, thus making this a profitable industry.

So, do you want to start a business and protect the environment at the same time? This ‘green’ business idea can help you do just that.

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