The global flexible plastic packaging market is projected to reach USD 43.9 billion by 2028, driven by increased demand for convenient and sustainable packaging solutions. Key market players like Amcor Plc, Berry Global Inc., and Huhtamaki Oyj are driving innovation and competition through new product development and investments in recycling capacity. The report highlights the market segmentation by product type, end-user, and geography.
Paper packaging is often seen as the more environmentally friendly option compared to plastic. However, a closer look reveals that paper packaging also has its environmental costs, including greenhouse gas emissions, water usage, and chemical contamination. The production of paper can also require the use of harmful chemicals, and the recycling process for paper is not always as efficient as it could be. Ultimately, the choice between paper and plastic packaging is not a simple one, and it is important to consider all of the environmental factors involved.
