Latest news with #Amcor
Daily Mail
3 days ago
- General
- Daily Mail
We live in posh town invaded by flies - it's gotten so bad we're scared our babies might choke to death
Residents of a posh royal town have been plagued by a 'nightmarish' invasion of flies which swarm their homes each summer, making their lives 'absolute hell'. Homeowners in Leamington Spa have described being left trapped indoors by the infestation of flies which crawl in people's mouths and 'choke babies in cots'. Those living around the Heathcote area say they cannot go in their gardens and have resorted to filling their homes with fly strips and zappers, while others have spent thousands on fly screens for their home. Parents are draping fly nets over cots, children can't eat dinner without the insects crawling into their mouths and others have reported falling ill due to the swarms of winged creatures blighting the area. The problem has become so unbearable that some locals have sold up and moved out of the Regency town, which has a population of just over 50,000. The matter was recently debated in Parliament by Warwick and Leamington MP Matt Western who branded the issue, affecting around 10,000 people, a 'public health risk'. Locals say the problem began around three years ago but has got progressively worse - with more flies and a disgusting raw sewage smell descending on the area. They blame a nearby recycling plant owned by Amcor, formerly known as Berry Circular Polymers, which is regulated by the Environment Agency. Foster mum Maureen Kerr, 64, has lived in the area for three years and said trouble only started after the new plant was opened. The 64-year-old gran-of-six said: 'We foster babies from birth and have had to put nets over their cots and chairs. 'They go full pelt at you and you can't do anything. Especially when the babies are laying there after milk, it's awful - they try and swarm them. 'We started off with fly spray not realising why we had so many. Then we had fly papers and those fly zappers. 'We have to keep changing them. It got so bad there were 50 flies on them over 24 hours. 'The smell is terrible. Our next door neighbour moved because she couldn't stand it. I just keep the windows and doors shut to stop the flies. 'One man spent thousands on fly screens. We've only lived here for three years and the first year was absolutely fine. But then all this started in the second year.' Retired primary school teacher Diljeet Kang, 65, said once the flies swarm indoors it's nearly impossible to get them out again. The gran-of-six said: 'It's not just the flies, it's the horrendous, nasty odour as well. When the summer starts you can't open the windows for the smell and the flies. 'The smell is just awful. I haven't opened up my windows. It gets worse and worse as the warmer months. I daren't open them if the flies come in. 'They're tiny ones, really fast. You can't even swat them. Once they get in it's hard to get them out. 'Everyone on the street is complaining about it. The amount of people that have sold their houses on the road because of that. 'We can't go out and enjoy our barbecues either because the flies will swarm the meat and get us ill.' Richard Manly, 37, a local welder, added: 'It's been really nightmarish really, these flies have left people gagging and choking, even kids and babies in their cots and beds. 'Drivers and cyclists have been sick getting a mouthful while going down the street, some are being sick. It's a crazy situation and we can't believe it's been allowed to go on. 'I got to Wickes quite often and workers say customers are staying away because of the smell. I know pubs, restaurants and other businesses have a similar issues because of both the flies and the smell.' Retired cleaning company owner Robert Horely said the stench was enough to take his breath away when he left his house. The 69-year-old dad-of-one said: 'We have the problem every year and it lasts for months. 'We have fly strips hanging down that are covered, you can't see a space on them, it's that bad. You can't go outside in the summer, when you do there's flies around you. You can't eat outside. 'Local pubs were having problems. A family went for a meal and they had to abandon their food as the flies were all over their food. 'They come in and get everywhere. People have been struggling to sleep as there's flies crawling all over you. How do you get them out? 'Plus this smell which again appears to be coming from the same site. It's not a very pleasant smell, and quite strong at times. It's between a gone off, eggy disinfectant-type smell and chlorine. 'There's been a couple times where I've opened the front door and it's taken my breath away it's that smelly. It's a health and safety issue. 'The council and environment agency keep playing ping pong, it's back and forth between them. One of the biggest queries is how did it get planning permission in the first place.' Retired law teacher Kevin Shanahan, 64, added: 'It's the recycling business. Someone said the waste comes dirty and it attracts the flies. 'A man who works nearby to the unit says the plastic is brought in dirty and then it's left outside to fester. The smell is quite repulsive. 'We can't enjoy our homes as we can't go in our gardens or open the windows because of the flies and the smell.' Addressing parliament two weeks ago, Mr Western said: 'Imagine being in your own home and unable to eat with your family, unable to leave food for even a minute without your kitchen being swarmed with flies, and unable to sleep in your own bed without flies landing on your face. 'Imagine flies everywhere, in every room of your house, in business premises, in pubs, in restaurants and in takeaways, and vile odours permeating your life whether at home, walking the streets or driving your car. 'That is the reality for hundreds of families in one part my constituency. 'I estimate that as many as 10,000-if not more-of my constituents in south Warwick, south Leamington and Whitnash are impacted by this. 'They have faced swarms of flies and foul odours for three years running. Their houses are infested with flies. They are unable to open their windows for fear of swarms entering their home. 'They are unable to prepare food in their kitchen without the constant cleaning of their work surfaces to clean off the fly excrement, which also adheres to their walls. 'Would any Member of this House be satisfied with their family living like that? This is not just a minor inconvenience; this is ruining people's lives. 'People are getting ill, and some residents are actually selling up. 'Then there is the all-pervasive foul-smelling odour. Constituents describe the smell as being like "raw sewage". They say it is "sulphuric" and "toxic". 'Many have told me that the smell is utterly unbearable.' A spokesperson for the Environment Agency said: 'We are committed to ensuring that people and the environment are protected. 'This includes regularly inspecting permitted sites in the Leamington Spa area and requiring operators to make improvements where they are required. 'Since April 1st we have inspected the Berry Circular Polymers site 4 times and identified a Category 3 (minor) breach of the permit as they were not following their prescribed management techniques. 'We encourage residents to continue to report environmental issues via our 24/7 hotline on 0800 807060 to help with our investigations.' A spokesperson for Berry Circular Polymers said previously: 'We take these concerns extremely seriously and although both ourselves and our regulators cannot find a substantial causal link, we are committed to ensuring we do not negatively impact Warwickshire residents.'
Yahoo
29-05-2025
- Business
- Yahoo
Amcor (NYSE:AMCR) investors are sitting on a loss of 21% if they invested three years ago
Many investors define successful investing as beating the market average over the long term. But in any portfolio, there are likely to be some stocks that fall short of that benchmark. We regret to report that long term Amcor plc (NYSE:AMCR) shareholders have had that experience, with the share price dropping 32% in three years, versus a market return of about 48%. Furthermore, it's down 10% in about a quarter. That's not much fun for holders. Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and see if they've been consistent with returns. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). During the three years that the share price fell, Amcor's earnings per share (EPS) dropped by 17% each year. This fall in the EPS is worse than the 12% compound annual share price fall. This suggests that the market retains some optimism around long term earnings stability, despite past EPS declines. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). It's probably worth noting we've seen significant insider buying in the last quarter, which we consider a positive. That said, we think earnings and revenue growth trends are even more important factors to consider. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of Amcor, it has a TSR of -21% for the last 3 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence! Amcor shareholders are down 2.4% for the year (even including dividends), but the market itself is up 13%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Longer term investors wouldn't be so upset, since they would have made 1.5%, each year, over five years. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Take risks, for example - Amcor has 3 warning signs we think you should be aware of. There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
Sustainable Packaging Industry Trends Forecasts Report 2025-2035: Pharmaceutical and Biotechnology Companies Drive Demand, Boxes / Cartons Segment is Likely to Dominate
Key growth drivers include rising consumer awareness, environmental concerns, and demand from pharmaceutical and biotechnology sectors. Dominant segments feature biodegradable and recyclable solutions, with primary packaging and Asia-Pacific leading market share. Key players such as Amcor and Berry Global are enhancing portfolios to meet sustainable benchmarks, with funding from North America and Europe driving innovation. Sustainable Packaging Market Sustainable Packaging Providers Dublin, May 28, 2025 (GLOBE NEWSWIRE) -- The "Sustainable Packaging Market Industry Trends and Global Forecasts to 2035, by Type of Eco Friendly Packaging, Type of Packaging, Type of Packaging Container, Type of End Users and Key Geographical Regions" report has been added to offering. The global sustainable packaging market is estimated to grow from USD 9.67 billion in the current year to USD 19.19 billion by 2035, at a CAGR of 6.43% during the forecast period, till 2035. In the pharmaceutical industry, glass, plastic, metals, cardboard and wood are some of the most commonly used raw materials for primary packaging. However, a significant amount of waste is produced from these conventional raw materials, primarily due to their inability to decompose naturally. It is worth highlighting that over 500 million tons of waste is generated through pharmaceutical packaging globally. Notably, 30% of the plastic packaging materials are either too complex or too small to recycle; examples include sachets and wrappers. This has led to a negative impact on the environment. Moreover, the steadily expanding pipeline of pharmaceutical drug candidates has resulted in a growing demand for packaging solutions. This has compelled packaging providers to develop sustainable / green packaging materials in order to reduce the harmful impact posed on the environment. In recent years, plastics made from corn starch, sugarcane and cassava have emerged as a promising alternative to conventional packaging solutions. These novel and sustainable packaging raw materials are likely to eliminate the risk of environmental pollution arising from the pharmaceutical industry. Owing to the growing need for sustainable packaging materials, increasing consumer awareness, numerous advantages over conventional packaging materials and rising interest of investors in this domain, the sustainable packaging market is anticipated to experience significant market growth during the forecast period. Sustainable Packaging Market: Key SegmentsBiodegradable Packaging is the Fastest Growing Segment of the Sustainable Packaging Market Based on the type of eco-friendly packaging, the market is segmented into biodegradable and recyclable / reusable. Biodegradable packaging material segment is likely to grow at a relatively higher CAGR during the forecast period. These materials have lesser deleterious effects when compared to recyclable / reusable packaging materials as they do not release harmful toxins and chemicals while their decomposition in the environment. It is worth highlighting that majority of the current sustainable packaging market is captured by recyclable / reusable packaging. This can be attributed to the high production rates, ease of availability and increased shelf life of recyclable / reusable packaging materials. Primary Packaging Segment Occupies the Largest Share of the Sustainable Packaging Market During the Forecast Period Based on the type of packaging, the market is segmented into primary, secondary and tertiary packaging. It is worth highlighting that primary packaging is likely to dominate the market in the coming decade. This can be attributed to the fact that primary packaging plays an essential role in ensuring the quality and hygiene of the product. Boxes / Cartons Segment is Likely to Dominate the Sustainable Packaging Market During the Forecast Period Based on the type of pharmaceutical secondary packaging container, the market is segmented into boxes / cartons and pouches. The sustainable packaging market for boxes / cartons is likely to grow at a higher CAGR during the forecast period. It is worth noting that boxes / cartons are suitable to transport a huge number of products with increased strength and durability. Pharmaceutical and Biotechnology Companies Segment Accounts for the Largest Share of the Sustainable Packaging Market Based on the end-users, the market is segmented into pharmaceutical and biotechnology companies, research institutes and other users. It is worth highlighting that the market is primarily driven by revenues generated by pharmaceutical and biotechnology companies. This can be attributed to the widespread adoption of sustainable packaging by pharmaceutical and biotechnology companies to enclose various drugs and medical devices. This trend is unlikely to change in the near future. Asia-Pacific Accounts for the Largest Share of the Market Based on key geographical regions, the market is segmented into North America, Europe, Asia-Pacific, Middle East and North Africa, Latin America, and the Rest of the World. Currently, Asia-Pacific holds the maximum share of the sustainable packaging market. This can be attributed to the growing consumer awareness, stringent regulations and increasing demand for sustainable packaging solutions. Additionally, the growing population and expanding customer base for pharmaceutical and healthcare products have also fueled market growth in this region. It is worth highlighting that, over the years, the market in Latin America is expected to grow at a higher CAGR. Sustainable Packaging Market: Key Insights Presently, over 110 players are engaged in offering sustainable packaging products and / or services; around 85% of these players are headquartered in the developed markets. Over 90% of sustainable packaging providers offer products and / or services related to recyclable packaging; among these, more than 60% of the providers use raw materials of natural origin for their products. In pursuit of building a competitive edge, stakeholders are actively upgrading their existing capabilities and enhancing their respective sustainable packaging portfolio to comply with the evolving industry benchmarks. The growing interest in this domain is evident from the rise in partnership activity; in fact, the maximum number of collaborations related to sustainable packaging in the last few years. Foreseeing lucrative returns, many public and private investors have made investments worth over USD 10 billion; the funding activity is well distributed across North America and Europe. Driven by the growing environmental degradation due to conventional packaging materials, the demand for sustainable packaging has steadily risen; by 2035, this demand is anticipated to cross over 110 billion units. Owing to the shift in consumer preferences towards sustainable packaging, the market is poised to witness substantial growth in the next decade. With the rapid increase in the waste generated due to conventional packaging materials, the opportunity for companies offering sustainable packaging is poised to grow at a CAGR of close to 7%. Key Questions Answered in this Report How many companies are currently engaged in this market? Which are the leading companies in this market? What kind of partnership models are commonly adopted by industry stakeholders? What is the current annual demand for sustainable packaging solutions? What factors are likely to influence the evolution of this market? What is the current and future market size? What is the CAGR of this market? How is the current and future market opportunity likely to be distributed across key market segments? Key Players in the Sustainable Packaging Market include: Amcor Berry Global Bormioli Pharma Drug Plastics DS SMITH EPL Gerresheimer Greiner Packaging Huhtamaki International Paper MM Board & Paper Mondi PGP GLASS PPC Flexible Packaging SGD Pharma Smurfit Kappa Stoelzle Glass Syntegon Takemoto Packaging Tekni-Plex Primary Research Overview The opinions and insights presented in this study were influenced by discussions conducted with multiple stakeholders. The research report features detailed transcripts of interviews held with the following industry stakeholders: Founder, Packaging Guru International Key Account Manager, eutecma Chief Executive Officer, Softbox Systems Head of Product Development / Technical Support Medical, Coveris Head of Strategic Marketing and Business Development, Korber Innovation Manager, Bormioli Pharma Anonymous, A Finland-Based Large Company Key Topics Covered: 1. Preface 2. Research Methodology 3. Economic And Other Project Specific Considerations 4. Executive Summary 5. Introduction 6. Market Landscape 7. Detailed Company Profiles 8. Short Company Profiles 9. Company Competitiveness Analysis 10. Partnerships And Collaborations 11. Funding And Investments 12. Market Impact Analysis: Drivers, Restraints, Opportunities And Challenges 13. Demand Analysis 14. Global Sustainable Packaging Market 15. Sustainable Packaging Market, By Type Of Eco-Friendly Packaging 16. Sustainable Packaging Market, By Type Of Packaging 17. Sustainable Packaging Market, By Type Of Packaging Container 18. Sustainable Packaging Market, By End-Users 19. Sustainable Packaging Market, By Key Geographical Regions 20. Conclusion 21. Executive Insights 22. Appendix 1: Tabulated Data 23. Appendix 2: List Of Companies And Organizations Additional Benefits Complimentary PPT Insights Packs Complimentary Excel Data Packs for all Analytical Modules in the Report 10% Free Content Customization Detailed Report Walkthrough Session with Research Team Free Updated report if the report is 6-12 months old or older For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachments Sustainable Packaging Market Sustainable Packaging Providers CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
Sustainable Packaging Industry Trends Forecasts Report 2025-2035: Pharmaceutical and Biotechnology Companies Drive Demand, Boxes / Cartons Segment is Likely to Dominate
Key growth drivers include rising consumer awareness, environmental concerns, and demand from pharmaceutical and biotechnology sectors. Dominant segments feature biodegradable and recyclable solutions, with primary packaging and Asia-Pacific leading market share. Key players such as Amcor and Berry Global are enhancing portfolios to meet sustainable benchmarks, with funding from North America and Europe driving innovation. Sustainable Packaging Market Sustainable Packaging Providers Dublin, May 28, 2025 (GLOBE NEWSWIRE) -- The "Sustainable Packaging Market Industry Trends and Global Forecasts to 2035, by Type of Eco Friendly Packaging, Type of Packaging, Type of Packaging Container, Type of End Users and Key Geographical Regions" report has been added to offering. The global sustainable packaging market is estimated to grow from USD 9.67 billion in the current year to USD 19.19 billion by 2035, at a CAGR of 6.43% during the forecast period, till 2035. In the pharmaceutical industry, glass, plastic, metals, cardboard and wood are some of the most commonly used raw materials for primary packaging. However, a significant amount of waste is produced from these conventional raw materials, primarily due to their inability to decompose naturally. It is worth highlighting that over 500 million tons of waste is generated through pharmaceutical packaging globally. Notably, 30% of the plastic packaging materials are either too complex or too small to recycle; examples include sachets and wrappers. This has led to a negative impact on the environment. Moreover, the steadily expanding pipeline of pharmaceutical drug candidates has resulted in a growing demand for packaging solutions. This has compelled packaging providers to develop sustainable / green packaging materials in order to reduce the harmful impact posed on the environment. In recent years, plastics made from corn starch, sugarcane and cassava have emerged as a promising alternative to conventional packaging solutions. These novel and sustainable packaging raw materials are likely to eliminate the risk of environmental pollution arising from the pharmaceutical industry. Owing to the growing need for sustainable packaging materials, increasing consumer awareness, numerous advantages over conventional packaging materials and rising interest of investors in this domain, the sustainable packaging market is anticipated to experience significant market growth during the forecast period. Sustainable Packaging Market: Key SegmentsBiodegradable Packaging is the Fastest Growing Segment of the Sustainable Packaging Market Based on the type of eco-friendly packaging, the market is segmented into biodegradable and recyclable / reusable. Biodegradable packaging material segment is likely to grow at a relatively higher CAGR during the forecast period. These materials have lesser deleterious effects when compared to recyclable / reusable packaging materials as they do not release harmful toxins and chemicals while their decomposition in the environment. It is worth highlighting that majority of the current sustainable packaging market is captured by recyclable / reusable packaging. This can be attributed to the high production rates, ease of availability and increased shelf life of recyclable / reusable packaging materials. Primary Packaging Segment Occupies the Largest Share of the Sustainable Packaging Market During the Forecast Period Based on the type of packaging, the market is segmented into primary, secondary and tertiary packaging. It is worth highlighting that primary packaging is likely to dominate the market in the coming decade. This can be attributed to the fact that primary packaging plays an essential role in ensuring the quality and hygiene of the product. Boxes / Cartons Segment is Likely to Dominate the Sustainable Packaging Market During the Forecast Period Based on the type of pharmaceutical secondary packaging container, the market is segmented into boxes / cartons and pouches. The sustainable packaging market for boxes / cartons is likely to grow at a higher CAGR during the forecast period. It is worth noting that boxes / cartons are suitable to transport a huge number of products with increased strength and durability. Pharmaceutical and Biotechnology Companies Segment Accounts for the Largest Share of the Sustainable Packaging Market Based on the end-users, the market is segmented into pharmaceutical and biotechnology companies, research institutes and other users. It is worth highlighting that the market is primarily driven by revenues generated by pharmaceutical and biotechnology companies. This can be attributed to the widespread adoption of sustainable packaging by pharmaceutical and biotechnology companies to enclose various drugs and medical devices. This trend is unlikely to change in the near future. Asia-Pacific Accounts for the Largest Share of the Market Based on key geographical regions, the market is segmented into North America, Europe, Asia-Pacific, Middle East and North Africa, Latin America, and the Rest of the World. Currently, Asia-Pacific holds the maximum share of the sustainable packaging market. This can be attributed to the growing consumer awareness, stringent regulations and increasing demand for sustainable packaging solutions. Additionally, the growing population and expanding customer base for pharmaceutical and healthcare products have also fueled market growth in this region. It is worth highlighting that, over the years, the market in Latin America is expected to grow at a higher CAGR. Sustainable Packaging Market: Key Insights Presently, over 110 players are engaged in offering sustainable packaging products and / or services; around 85% of these players are headquartered in the developed markets. Over 90% of sustainable packaging providers offer products and / or services related to recyclable packaging; among these, more than 60% of the providers use raw materials of natural origin for their products. In pursuit of building a competitive edge, stakeholders are actively upgrading their existing capabilities and enhancing their respective sustainable packaging portfolio to comply with the evolving industry benchmarks. The growing interest in this domain is evident from the rise in partnership activity; in fact, the maximum number of collaborations related to sustainable packaging in the last few years. Foreseeing lucrative returns, many public and private investors have made investments worth over USD 10 billion; the funding activity is well distributed across North America and Europe. Driven by the growing environmental degradation due to conventional packaging materials, the demand for sustainable packaging has steadily risen; by 2035, this demand is anticipated to cross over 110 billion units. Owing to the shift in consumer preferences towards sustainable packaging, the market is poised to witness substantial growth in the next decade. With the rapid increase in the waste generated due to conventional packaging materials, the opportunity for companies offering sustainable packaging is poised to grow at a CAGR of close to 7%. Key Questions Answered in this Report How many companies are currently engaged in this market? Which are the leading companies in this market? What kind of partnership models are commonly adopted by industry stakeholders? What is the current annual demand for sustainable packaging solutions? What factors are likely to influence the evolution of this market? What is the current and future market size? What is the CAGR of this market? How is the current and future market opportunity likely to be distributed across key market segments? Key Players in the Sustainable Packaging Market include: Amcor Berry Global Bormioli Pharma Drug Plastics DS SMITH EPL Gerresheimer Greiner Packaging Huhtamaki International Paper MM Board & Paper Mondi PGP GLASS PPC Flexible Packaging SGD Pharma Smurfit Kappa Stoelzle Glass Syntegon Takemoto Packaging Tekni-Plex Primary Research Overview The opinions and insights presented in this study were influenced by discussions conducted with multiple stakeholders. The research report features detailed transcripts of interviews held with the following industry stakeholders: Founder, Packaging Guru International Key Account Manager, eutecma Chief Executive Officer, Softbox Systems Head of Product Development / Technical Support Medical, Coveris Head of Strategic Marketing and Business Development, Korber Innovation Manager, Bormioli Pharma Anonymous, A Finland-Based Large Company Key Topics Covered: 1. Preface 2. Research Methodology 3. Economic And Other Project Specific Considerations 4. Executive Summary 5. Introduction 6. Market Landscape 7. Detailed Company Profiles 8. Short Company Profiles 9. Company Competitiveness Analysis 10. Partnerships And Collaborations 11. Funding And Investments 12. Market Impact Analysis: Drivers, Restraints, Opportunities And Challenges 13. Demand Analysis 14. Global Sustainable Packaging Market 15. Sustainable Packaging Market, By Type Of Eco-Friendly Packaging 16. Sustainable Packaging Market, By Type Of Packaging 17. Sustainable Packaging Market, By Type Of Packaging Container 18. Sustainable Packaging Market, By End-Users 19. Sustainable Packaging Market, By Key Geographical Regions 20. Conclusion 21. Executive Insights 22. Appendix 1: Tabulated Data 23. Appendix 2: List Of Companies And Organizations Additional Benefits Complimentary PPT Insights Packs Complimentary Excel Data Packs for all Analytical Modules in the Report 10% Free Content Customization Detailed Report Walkthrough Session with Research Team Free Updated report if the report is 6-12 months old or older For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachments Sustainable Packaging Market Sustainable Packaging Providers CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
27-05-2025
- Business
- Yahoo
Saudi Arabia Caps & Closures Market Forecast & Opportunities to 2030: Sustainability Trends Fuel Shift Towards Eco-friendly Packaging Solutions
The Saudi Arabia Caps & Closures Market is set to grow from USD 0.84 billion in 2024 to USD 1.17 billion by 2030, driven by rapid urbanization, rising consumer demand, and sustainable packaging trends. The Riyadh region leads due to robust economic growth. Key players include Crown Holdings and Amcor. Saudi Arabian Caps & Closures Market Dublin, May 27, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Caps & Closures Market, By Region, Competition, Forecast & Opportunities, 2020-2030F" has been added to offering. The Saudi Arabia Caps & Closures Market, valued at USD 0.84 billion in 2024, is projected to grow to USD 1.17 billion by 2030, with a CAGR of 5.60%. This growth is driven by the robust expansion of the Saudi economy and a rising population demanding advanced packaging solutions. The market is significantly influenced by economic diversification and increased consumer spending, as a diverse array of industries, including food & beverages, pharmaceuticals, and personal care, seek innovative and secure closure systems. Population expansion and changing demographics are pivotal, with a youthful, urbanizing population increasingly valuing convenient, packaged products. This has led manufacturers to invest in advanced caps and closures that ensure product safety and cater to evolving consumer preferences. Environmental awareness is a critical factor, with a shift towards sustainable materials in packaging. As consumers and regulatory bodies prioritize eco-friendly solutions, manufacturers are adopting sustainable practices to reduce environmental impact. Key players in the market include Crown Holdings, Inc., Amcor Plc, and Ball Corporation, among others. These companies leverage technological advancements to offer efficient and secure closure solutions, contributing to a competitive market landscape. However, challenges such as regulatory compliance, raw material price volatility, and technological disruptions persist. The regulatory landscape demands adherence to evolving standards, while the dependency on petrochemical-based materials exposes manufacturers to price fluctuations. Technological advancements, though beneficial, require significant R&D investment, posing challenges for market players to keep pace with innovations. Despite these challenges, numerous trends are shaping the market. A growing preference for sustainable packaging solutions is evident, with manufacturers exploring bioplastics and recycled materials. The integration of smart packaging technology, including interactive and tamper-evident features, is becoming prominent, catering to tech-savvy consumers. The Saudi Arabia Caps & Closures Market is primarily dominated by the plastic segment, thanks to its cost-effectiveness and versatility, although metal closures remain relevant for premium applications. Regarding regional dominance, Riyadh leads due to its economic significance and industrial activities, with substantial demand for caps and closures. In conclusion, the Saudi Arabia Caps & Closures Market reflects a dynamic and evolving landscape. Companies engaging in sustainable practices and technological innovations are likely to thrive, addressing consumer demands and industry challenges for continued growth. Key Attributes: Report Attribute Details No. of Pages 86 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $0.84 Billion Forecasted Market Value (USD) by 2030 $1.17 Billion Compound Annual Growth Rate 5.6% Regions Covered Saudi Arabia Key Topics Covered: 1. Product Overview1.1. Market Definition1.2. Scope of the Market 2. Research Methodology2.1. Objective of the Study2.2. Baseline Methodology2.5. Sources of Research 3. Executive Summary 4. Impact of COVID-19 on Saudi Arabia Caps & Closures Market 5. Voice of Customer 6. Saudi Arabia Caps & Closures Market Overview 7. Saudi Arabia Caps & Closures Filters Market Outlook7.1. Market Size & Forecast7.2. Market Share & Forecast 8. Riyadh Caps & Closures Market Outlook8.1. Market Size & Forecast8.2. Market Share & Forecast 9. Makkah Caps & Closures Market Outlook9.1. Market Size & Forecast9.2. Market Share & Forecast 10. Madinah Caps & Closures Market Outlook10.1. Market Size & Forecast10.2. Market Share & Forecast 11. Jeddah Caps & Closures Market Outlook11.1. Market Size & Forecast11.2. Market Share & Forecast 12. Tabuk Caps & Closures Market Outlook12.1. Market Size & Forecast12.2. Market Share & Forecast 13. Eastern Province Caps & Closures Market Outlook13.1. Market Size & Forecast13.2. Market Share & Forecast 14. Rest of Saudi Arabia Caps & Closures Market Outlook14.1. Market Size & Forecast14.2. Market Share & Forecast 15. Market Dynamics15.1. Drivers15.2. Challenges 16. Market Trends and Developments 17. Company Profiles17.1. Crown Holdings, Inc17.2. Amcor Plc17.3. Ball Corporation17.4. SILGAN HOLDINGS INC.17.5. AptarGroup, Inc.17.6. Nippon Closures Co., Ltd.17.7. Sonoco Products Company17.8. Closure Systems International 18. Strategic Recommendations For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Saudi Arabian Caps & Closures Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
