Assessing global sustainable packaging challenges
In a new report, Smithers Pira explores the hurdles to sustainable packaging growth, which include the complex interaction between products and packaging, and increasing governmental regulations.
A new report from Smithers Pira, “The Future of Global Packaging to 2020,” forecasts steady growth across the sustainable packaging industry: A market valued at $839 billion in 2015 will increase at 3.5% year-on-year and reach a total value of $997 billion in 2020. As this happens, Smithers Pira notes, sustainability will become an increasingly important factor for decision makers at all stages of packaging value chains.
Read the full story written by Anne Marie Mohan and posted on packagingworld.com