Demand for sustainability drives change in packaging industry
Data from Smithers Pira (smitherspira.com) 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. As this happens sustainability will become an increasingly important factor for decision makers at all stages of packaging value chains.
Sustainability is now a fast-growing and vitally important area of concern for packaging and addresses economic, environmental and social objectives. Consequently the Ten-Year Forecast of Disruptive Technologies in Sustainable Packaging to 2026 report also examines topics which inform choices about packaging design and technology, such as: