Market Trends, Research & Reports

The deal includes the handover of all land and kit at the Flitwick

Companies are turning to upcycled packaging made from discarded materials

The country’s youthful, tech-savvy, and urbanizing population is also shaping demand for convenient, ready-to-use packaged products.

India’s ban on single-use plastic and the rise of food delivery giants like Swiggy and Zomato are accelerating the need for compostable and recyclable packaging.

Over 30% of luxury packaging sales are expected to come from sustainable products within three years, according to industry leaders surveyed.

Petco’s dedicated EPR (Extended Producer Responsibility) scheme for LBP, collection rates have surged from 8% in 2023 to 24%, while recycling rates have jumped from 8% to 26%.

The shift towards biobased adhesives aligns with broader trends in the bioeconomy and circular economy.

Lecta received a Platinum Medal in the EcoVadis sustainability rating, placing it among the top 1% of companies evaluated worldwide.

The material, a millimeter-thick sheet, is produced through cellulose dissolution and coagulation.

Pro carton consumer survey highlights the growing demand for sustainable packaging options and greater transparency from brands.