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.
