MarketsandMarkets Sustainable Packaging Crystal Ball Event
The sustainable packaging market is estimated to grow at a healthy CAGR of 6-7% in the coming 5 years, driven by demand from flexible packaging and food & beverage industry.
Key Drivers & Opportunities shall include:
Government Initiatives: Initiative to minimize waste and encouraging recycling by various governmental bodies across geographies.
Consumer Preferences: Large factors from social media to environmental concerns have regularly prompted consumer to be wary of purchase and incentivize and prefer the use of bio-materials/sustainable materials over others.
E-commerce: The increasing online buying has paved for a surge in tertiary packaging, in turn accounting for the usage of paper and paper-board packaging. The initiatives by the e-commerce players by optimizing and reuse also promotes sustainable packaging effectively.
This Crystal Ball event focuses on learning more about the most promising opportunities in the Sustainable Packaging ecosystem, as seen through the lens of eminent CXOs in this space.