News in Numbers

£1.2 tn

The global packaging market value is expected to reach £1.2 trillion in 2024, driven by e-commerce, sustainability trends, and consumer preferences.

3.5%

The growth rate of the global packaging industry is estimated at 3.5% annually, with notable expansions in Asia-Pacific and Latin America.

9m tonnes

Around 9 million tonnes of plastic packaging waste generated in the UK alone each year.

3%

Glass packaging demand is expected to increase by 3%, with a particular focus on premium food and beverage sectors.

70%

Over 70% of consumers in the UK are expected to prefer products with sustainable packaging in 2024, influencing brand strategies and packaging designs.