Green packaging projected to grow


U.S. demand for green packaging-composed of recycled content, reusable, and degradable packaging-is projected to increase 3.9% yearly to $14.7 billion in 2014, consuming 58 billion lb of material, according to a new report, "Green Packaging," from The Freedonia Group, a Cleveland, OH-based industry market research firm.

Growth of green packaging is expected to outpace overall packaging demand, but will remain relatively moderate due to the maturity of many products and the large existing presence of recycled content packaging in paperboard and metal packaging. The fastest gains, reports Freedonia, are anticipated for degradable packaging and plastic-recycled-content packaging....
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