Innovation helping food and beverages industry reduce rigid plastics in packaging
Rigid plastics are the most used packaging material globally, accounting for approximately one-third (31%) of all packaging materials used in 2019, and are expected to reach 1,459K million pack units from 2023 to 2026 growing at a compound annual growth rate (CAGR) of 2.6%, according to GlobalData’s Packaging Market Analyser.
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