Eco-Products releases packaging line to address composting challenges. TIPA's rice-based packaging earns Cradle to Cradle certification. And SOLIZE India and scapos partner to revolutionise packaging design.
Packaging automation's evolution significantly impacts diverse sectors, including food and beverage, pharmaceuticals, and personal care. By Laura Syrett.
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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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