The flat pouches segment led the market in terms of both value and volume.

The top two environmental actions people are taking are reducing waste (43% of respondents) and eating in moderation (32%). 

Smithers notes that with the emergence of circular economy models there is a need to shift away from traditional weight reduction considerations to other strategies. 

The new technical paper explains solventless laminating best practices from industry experts Nordmeccanica, Dow and Enercon. 

The market was valued more than $35 billion in terms of revenue in 2019 and is predicted to grow at a CAGR of 25.8% during the forecast period (2020 to 2027).

The study further says that the COVID-19 pandemic is going to hinder sales expansion.

Asia has driven a boom in recent years in terms of R&D spending, venture capital funding, academic publications, and patents.To navigate this dynamic region, Lux Researchhas issued a new report, “State of Innovation in Asia: Key Industries and Players Shaping Asia’s Innovative Ecosystem.”