The latest in packaging sustainability
People are more interested in packaging sustainability today than they ever have been before. We’re seeing new types of materials, processes, and protocols when it comes to packaging in response to this particular world-wide focus. Everyone is impacted by the environment and its health, which is something that is at the height of our awareness today.
Here’s what’s happening in packaging sustainability.
Sustainable Plastic Packaging Market Worth $117.3 Billion by 2025
The market is projected to grow in accordance with the growth of various end-users of sustainable plastic packaging across the globe. The sustainable plastic packaging industry has been growing as a result of stringent laws and regulations levied by governments and governing bodies, as well as a shift in consumer preference toward recyclable and eco-friendly packaging materials. Apart from these factors, downsizing of packaging and breakthrough in new technologies are also driving the sustainable plastic packaging market globally.
Campbell Announces New Sustainable Packaging Goals
Campbell Soup Company (NYSE: CPB) today announced new packaging sustainability goals to reduce packaging waste by increasing circularity—keeping materials in use and out of landfills. The four goals are designed to address all phases of the packaging lifecycle, from sourcing to end-of-life, including recycling or composting.
Voice of the Packaging Industry: Sustainable Packaging
Packaging professionals from engineering, packaging, operations, and sustainability in the food, beverage, household products, personal care, and pharma industries were interviewed for “Packaging Sustainability: A Changing Landscape.” 51% are from large companies of $500 million or more, 37% small (under $100 million), and 12% are from $100-$400 million, or medium-sized companies.
20 New Sustainable Packaging Innovations
With live events verboten, packaging innovation consultancy ThePackHub took to the (computer) screen in May for a Sustainable Packaging Review webinar that provided “a whistle-stop tour of the latest initiatives.” Hosted by Paul Jenkins, Managing Director of ThePackHub, the webinar covered 20 new innovations in sustainable packaging that represent some of the latest trends. The innovations, in no particular order, included:
New Report Finds Overwhelming Majority of Consumers Are Willing to Pay More for Sustainable Packaging
Nearly three-fourths of consumers are willing to pay more for sustainable packaging. That’s according to new research by Trivium Packaging. The report, developed in partnership with Boston Consulting Group, surveyed participants for their preferences related to sustainable packaging along with their willingness to pay more for products with environmentally friendly packaging.
