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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
28-04-2025
- Entertainment
- Yahoo
Footage could show latest evidence of famous Evansville ghost
EVANSVILLE – The latest potential evidence of a famous Evansville ghost surfaced earlier this month, when a door at Willard Library appeared to open and close on its own. The library posted security footage of the incident to its Facebook page Friday morning. Timestamped April 17 around 5:45 p.m., the video shows a lower-level entrance near the elevator. No people are in frame, and the glass on the door provides a clear view of the outside, proving no one is around. The door suddenly cracks open. It shuts just as quickly. The post notes that it happened about 15 minutes after staff left for the day and locked – and alarmed – all the doors. The library claims it has footage of employees double-checking the entrances before they left. 'Important note: The alarm system will not arm unless all doors are properly latched,' the post reads. Later that night, as director George Carter returned to Willard to work after-hours, he received a call from the alarm company that an open door had 'triggered the system.' 'The director informed them he was already on-site and would investigate,' the post reads. 'When he checked the door in question, it was still securely locked. Upon reviewing the security footage, this is what he discovered.' Although Willard's post doesn't mention her by name, commenters were quick to evoke the Grey Lady: the famed specter that's supposedly haunted Willard since at least the late 1930s. Unquestionably the most famous poltergeist in the city's history, she's attracted everyone from SyFy's 'Ghost Hunters' to renowned psychic Lorraine Warren, who went on to depicted by Vera Farmiga in 'The Conjuring' franchise. The library maintains 24-hour 'ghost cams' in its children's section for anyone who wants to catch her in action. And over the years, patrons and employees alike have reported vaporous taps on the shoulder; mysterious falling books; chairs shoved away from desks while no one is around. Berry Global employees next door have even seen the library elevator climbing and falling on its own throughout the night. A few years ago, two Willard staffers were watching surveillance footage when they spotted a woman who appeared to be wearing a costume: a long, gray dress and veil. 'They were kind of keeping an eye on her and she just dissipated into thin air,' Arrika Taylor, Willard's adult services librarian, told the Courier & Press in 2021. 'Disappeared right in front of their eyes.' No veiled specter can be seen in the latest footage. Some commenters blame the wind. But it would have to be a stiff breeze to jostle a latched, locked door. This article originally appeared on Evansville Courier & Press: Footage could show latest evidence of famous Evansville ghost
Yahoo
07-04-2025
- Business
- Yahoo
Three of the world's favorite candy brands just made a huge change to their iconic products: 'Essential'
Three of the world's favorite candies — M&M's, Skittles, and Starburst — are officially getting a major sustainability upgrade. Candy maker Mars, Inc. recently announced that it's rolling out new packaging for its candy jars made with 100% recycled plastic, and they're already hitting shelves across the country. The move is a joint effort with packaging company Berry Global, and it's a sweet win for both candy lovers and the environment. According to the announcement, the recycled plastic will be used in 60-ounce, 81-ounce, and 87-ounce-sized pantry jars (the ones with the square easy-grip shape), and the switch eliminates more than 1,430 tons of new plastic production annually. This is good news because plastic is made from dirty fuels like oil and coal, which generate pollution that overheats our planet and is harmful to our health. Plastics don't break down. Instead, they erode into microplastics that contaminate our environment, water, and food and eventually build up in our bodies. The problem is getting worse — a recent study found that human brain samples from 2024 contained about 50% more plastic than samples from 2016. By switching to recycled plastic, Mars is helping tackle the plastic waste problem and cut back on planet-heating gas pollution, which is a step toward protecting our communities from extreme weather events that are being supercharged by rising global temperatures. Candy consumers can also play a part by tossing the empty jars back in the recycling bin. While scaling recycled packaging across the world is still a major undertaking, this move shows what's possible when big companies invest in sustainable design. Many big brands have made steps to reduce their plastic footprint, such as Coca-Cola updating to recycled plastic 20-ounce bottles and Google phasing out plastic packaging. To learn how to support similar efforts, check out this guide to eco-friendly initiatives by other big brands and learn how to support brands with plastic-free packaging. "In the world we want tomorrow, no packaging becomes waste, but is instead reused, recycled or composted," said Allison Lin, global vice president of packaging sustainability at Mars. "Using recycled content incentivizes increased collection systems and recycling infrastructure, which is essential for a circular economy." When you think about a product's packaging, which of these factors is more important to you? The way it looks The information it provides The waste it produces I don't think about packaging at all Click your choice to see results and speak your mind. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
Yahoo
28-02-2025
- Business
- Yahoo
Amcor and Berry Global merger approved by shareholders
Global packaging solutions company Amcor and plastic packaging producer Berry Global's shareholders have given their approval for the merger of the two companies, originally announced in November 2024. More than 71% of Amcor's outstanding shares were present or represented by proxy at the vote, with more than 99% voting in favour of the proposal. Similarly, Berry Global saw more than 83% of its shares represented, with over 98% voting in support. The final voting results will be filed by both companies with the US Securities and Exchange Commission (SEC) on Form 8-K. Berry Global Group CEO Kevin Kwilinski said: 'We are excited to take another important step toward finalising this combination between Berry and Amcor and are pleased the shareholders of both companies clearly recognise the significant opportunities we will have as one company to deliver enhanced value for all stakeholders." The anticipated closure of this combination is set for the middle of 2025, pending the fulfilment of closing conditions. Once combined, Amcor and Berry Global are poised to offer improved consumer and healthcare packaging solutions to their customers, leveraging their combined material science and innovation capabilities to drive product development. Amcor CEO Peter Konieczny said: 'The resounding support from both companies' shareholders marks another important milestone in bringing Amcor and Berry together. 'Our combined company will be positioned to serve customers better, grow faster and operate globally in a way neither company could accomplish alone. Together, we have an exciting and unique opportunity to truly transform the future of packaging.' In November last year, Amcor and Berry Global Group entered into the definitive merger agreement to create a consumer packaging solutions company through an all-stock transaction. At the time, the $8.4bn deal was expected to generate annual synergies of $650m. "Amcor and Berry Global merger approved by shareholders" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
