Strict EU regulations and sustainable packaging trends enhance growth.
At present, GCC nations recycle only 10% of 10 million tonnes of plastic waste produced annually.
According to CPCB, registered e-waste recyclers now operate across 19 states.
New packaging technologies for active and smart packaging have enhanced shelf life and product performance.
Packaging inputs account for 16 per cent of total industrial production costs in Jordan.
North America is expected to develop at the fastest rate during the forecast period
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.
The shift towards biobased adhesives aligns with broader trends in the bioeconomy and circular economy.