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Survey: Demand for packaging sustainability drives change in the way businesses will compete

from Refrigerated & Frozen Foods

Data from Smithers Pira forecast steady growth across the packaging industry — pushing a market valued at $839 billion in 2015 to expand at 3.5 percent 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. Sustainability is now a fast-growing and vitally important area of concern for packaging and addresses economic, environmental and social objectives, according to the study "Ten-Year Forecast of Disruptive Technologies in Sustainable Packaging to 2026." more

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