India-Finland Collaboration poised to set global benchmarks in sustainable packaging practices: Envoy

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India’s plastic packaging sector, which accounts for a staggering 73% of the country’s total plastic usage, is at a crossroads. With the market projected to reach $12.72 billion in 2025, growing at a compound annual growth rate (CAGR) of nearly 11%, the need for sustainable and recyclable solutions has never been more urgent. Flexible packaging dominates key segments, including 93% of food products, 84% of personal care items, and 98% of homecare products. Yet, experts flag the sector struggles with recycling multilayered, non-recyclable…



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India-Finland Collaboration poised to set global benchmarks in sustainable packaging practices: Envoy



India’s plastic packaging sector, which accounts for a staggering 73% of the country’s total plastic usage, is at a crossroads. With the market projected to reach $12.72 billion in 2025, growing at a compound annual growth rate (CAGR) of nearly 11%, the need for sustainable and recyclable solutions has never been more urgent. Flexible packaging dominates key segments, including 93% of food products, 84% of personal care items, and 98% of homecare products. Yet, experts flag the sector struggles with recycling multilayered, non-recyclable…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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