The company cites accelerated customer investment and rising production volumes worldwide.
88% of the output of the sector is sold locally
In the last year, authorities removed 342 random charcoal kilns and closed 12 developed kilns.
The coexistence of hybrid, inkjet and flexo technologies are fueling adoption in India.
Rising paper consumption and the growth of production facilities increase the volume of waste.
Market projected to grow to 2.8M tonnes by 2035.
The facility processes less than half its intended capacity.
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.