The market’s growth is being driven by rising consumer demand for eco-friendly, lightweight, and convenient packaging solutions.
Planet Tracker and MSCI warn investors of mounting financial exposure as firms backslide on packaging goals.
The study notes that sustainability remains a defining trend, with manufacturers investing in decarbonization, recyclable materials, and energy-efficient production.
Asia-Pacific region lead the global plastics extrusion market in 2024, accounting for 40% of total industry share.
the company has pledged to fund removal of 20,000 kilograms of plastic waste from the environment in 2025.
In 2024, the Alliance directly engaged over 740 organizations to support a multitude of projects with financial and technical expertise.
New packaging technologies for active and smart packaging have enhanced shelf life and product performance.
The shift towards biobased adhesives aligns with broader trends in the bioeconomy and circular economy.
The capital infusion comes through collaborations with both existing and new investors.
Over the next 18 months, Coca-Cola will phase out the statement “I am a bottle made from 100% recycled plastic”.