Fully 85% of global citizens call for single-use plastics ban
DS Smith and Jonsac partner to drive sustainable e-commerce packaging. Sabert launches compostable protein and produce trays. And Metsä Group begins pre-engineering for factory to produce Muoto products.
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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