New recycled resin delivers up to 40% PCR content in shrink film, reducing greenhouse gas emissions and keeping waste out of landfills or the environment.
Companies operating in the biodegradable packaging market are adopting business strategies such as new technology and product development, geographical expansion, and mergers and acquisitions.
Award winners represent innovative packaging breakthroughs in categories ranging from food and beverage to personal care with a strong focus on sustainability and the circular economy.
Even as the COVID-19 pandemic has caused a short-term upswing in demand for single-use plastic packaging, the longer-term trend is toward sustainability.