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US demand for green packaging to reach $41.7 billion in 2014

from Packaging World

Demand for green packaging — defined here as packaging that comprises recycled content, or reusable or degradable packaging — is projected to increase 3.9 percent yearly to $41.7 billion in 2014, consuming 58 billion pounds of material. That's according to "Green Packaging," a new study from The Freedonia Group Inc. The study adds that growth will outpace overall packaging demand but will remain relatively moderate because of the maturity of many products and the large existing presence of recycled-content packaging in paperboard and metal packaging. The fastest gains are anticipated for degradable packaging and plastic recycled-content packaging. more

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