Steady growth packaging industry: sustainability important

In a new report, Smithers Pira forecasts steady growth across the packaging industry – pushing a market valued at $839 billion in 2015 to expand at 3.5% year-on-year and reach a total value of $997 billion in 2020. As this happens sustainability will become an increasingly important factor for decision makers at all stages of packaging value chains.
However, there is presently no package that is completely sustainable and the various packaging materials cannot be unequivocally classified as good or bad. All have their advantages and shortcomings depending upon the product application, and trade-offs are necessary to arrive at an optimum compromise position.
Click here for more information about the report.
Click here for more information about the online NVC E-Workshop Sustainable Innovation in Packaging.

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