In the run up to the 2017 World Economic Forum in Davos, Switzerland, NatureWorks became a three-year partner of the Ellen MacArthur Foundation’s initiative – a comprehensive strategy for creating a global plastics system based on circular economy principles. NatureWorks has worked with the foundation on the initiative since 2015.
According to a survey by Canadean, 60% of consumers find new experiences more exciting than new products, and are starting to seek products offering more than mere functionality.
The global food container market is expected to reach U.S. $346.99 billion by 2025, driven by bioplastics and advances in cold storage and enhanced shelf life.
The Paperboard Packaging Council’s recently released Trends: 2016 Industry Outlook and Market Data Report predicts stable, long-term growth for the folding carton market.
Demand for plastic cosmetic and toiletry containers in the U.S. is projected to increase 1.6% per year to 17.6 billion units in 2020; growth will be the result of healthy shipment expansion in a number of key plastic container applications.