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.
May 8, 2017
Data from Smithers Pira, UK, forecast steady growth across the packaging industry – pushing a market valued at $839 billion in 2015 to expand at 3.5% year-on-year and reach a total value of $997 billion in 2020.
The study reveals that replacing plastics in consumer products and packaging with a mix of alternative materials that provide the same function would increase environmental costs.
July 28, 2016
A new study by Trucost, New York, finds the environmental cost of using plastics in consumer goods and packaging is nearly four times less than it would be if plastics were replaced with alternative materials.