Flow Beverage unveils sustainable packaging and new brand
Ball Aluminum Cups installs reverse vending machine at US ski resort. Myonex to acquire packaging and bioservices business of Creapharm. And SVR selects Aptar Beauty's Micro rPET solution for PALPEBRAL collection.
Per GlobalData, the global packaging industry volumes increased from 4.1 trillion units in 2022 to reach 4.6 trillion units and is expected to grow at a CAGR of 2.6% during 2022–27. The global packaging volumes for all industries was led by the food industry, accounting for a 50.9% volume share in 2022, followed by non-alcoholic beverages. The non-alcoholic beverages industry is forecast to grow fastest at a CAGR of 3.7% during 2022–27.
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