Flexible packaging manufacturers directly employ 98,420 people, while 155,520 supplier jobs and 144,840 induced jobs are supported through related industries and household spending.
47% of Kenyans still cite deforestation as their top environmental concern, the highest globally.
On average, each EU resident generated 35.3 kg of plastic packaging waste.
In this year’s survey, 64% of people said they prefer products ordered online to arrive in paper packaging, up from 58% in 2023.
The growth due to a growing need for packaging materials, especially paper-based options, attributed to the burgeon rise of the e-commerce industry.
Asia-Pacific region lead the global plastics extrusion market in 2024, accounting for 40% of total industry share.
Based on a trading update, Mondi PLC announced a prolonged demand slump, causing its shares to fall to their lowest price since 2013
The Middle East and Africa (MEA) region is projected to outpace Europe, expanding at 4.9% CAGR.
Plastic waste generation increased from 5% in 2021 to 7.17% in 2024.
The company incorporated 15% recycled plastic across its key packaging markets during the same period.