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Economic and Environmental Impact
The global market for eco-friendly products is growing rapidly, with consumers increasingly prioritizing sustainability. According to a report by Grand View Research, the global green technology and sustainability market size is expected to reach USD 44.4 billion by 20282. This shift not only supports environmental preservation but also drives economic growth by creating jobs in the green sector.
Furthermore, the environmental benefits are substantial. By reducing reliance on non-renewable resources and decreasing greenhouse gas emissions, eco-friendly products play a crucial role in combating climate change. For example, using a reusable water bottle can save approximately 167 plastic bottles from entering landfills each year3.