The global smart packaging market is expected to grow at 5.4% CAGR, hitting about US$52B by 2025. Market drivers include growing market for sustainable printed electronics, the Internet of Things and cloud computing, and rising food safety concerns.
In the run up to the 2017 World Economic Forum in Davos, Switzerland, NatureWorks became a three-year partner of the Ellen MacArthur Foundation’s initiative – a comprehensive strategy for creating a global plastics system based on circular economy principles. NatureWorks has worked with the foundation on the initiative since 2015.
Speed scratch cooking – taking semi-prepared, healthy ingredients and creating a homemade meal – along with zero waste, drinkable soup, grass-fed dairy, microgreens, sea plants, vinegar seen as top trends by industry expert Mareya Ibrahim.
The recent staging of upakovka, 25th International Trade Fair for Processing & Packaging, and interplastica, 20th International Trade Fair Plastics and Rubber in Moscow reflects the improving Russian packaging market.