Highlights performance and areas for improvement.

Eight-six percent of those 45 and under mentioned to be willing to pay more for sustainable packaging and 74% of consumers said they would be interested in buying products that come in refillable packaging. 

The market is anticipated to surpass $5.5 billion valuation in 2031, and expand at a CAGR of more than 6% over the next ten years.

The demand for industrial adhesives has risen steadily in the past few years. 

The industry is anticipated to generate $337.54 billion by 2031, with a CAGR of 6.6%.

The market is expected to expand by a compound annual growth rate (CAGR) of 4.7%

The global PET packaging market is slated to reach a valuation of $77.2 billion in 2022.

In light of the Russia-Ukraine war, uncertainties and rate volatilities persist. Food producers and retailers may feel the burn on top of already squeezed margins with tough price negotiations happening throughout the supply chain. Consumers will ultimately end up paying for some, if not all of it.

Sustainable packaging is no longer a nice-to-have, but an essential part of doing business. 

The rapid growth of packaging films can be attributed to the rising demand for flexible packaging.