Plastic straws are out of fashion: Here’s why takeout containers may be next

From Starbucks to Seattle, companies and cities alike are banning plastic straws. Are takeout containers next? With the rise of third-party delivery services like Seamless and Uber Eats, takeout and delivery are driving restaurant sales. And that creates a big opportunity for food container manufacturers. In 2017, manufacturers sold $25.3 billion worth of disposable packaging […]

The Global Market for Plastic Packaging (2017-2026) to Grow at 5.4% CAGR – Environmental Concern is Hampering Growth – ResearchAndMarkets.com

According to the report, the market accounted for $301.52 billion in 2017 and is expected to reach $486.58 billion by 2026 growing at a CAGR of 5.4% during the forecast period. Some of the key factors such as increasing demand for consumer goods, change in consumers’ lifestyle with rapid urbanization, rising consumerism in emerging economies […]

Unpopularity of plastic packaging leads STM packaging into administration

Flexible plastics company STM Packaging has gone into administration following a decline in business due to the growing unpopularity of plastic packaging. The Norfolk-based firm employed 27 people, with administrators Prince Bailey saying that a ‘worsening’ financial position added to the company’s insolvency. Joint administrator Stuart Morton said: “Single-use packaging is not fashionable for environmental […]

Asda Is Going ‘Full Swede Ahead’ On Removing Plastic Wrapping From Vegetables

Asda, the British retailer has announced it is removing plastic wrapping on swedes sold in its stores, as part of its ‘Plastics Unwrapped’ programme to cut down on plastics. The move will saves Asda from using six million individual pieces of plastic a year, according to the Walmart-owned retailer. The ‘Plastics Unwrapped’ programme was launched […]