73% of global consumers are willing to pay more for sustainable products. Businesses increasingly adopt sustainability as a core value
The global sustainable packaging market is projected to reach $533.9 billion by 2028.
The global Recycled PET market is projected to grow from USD 11.0 billion in 2023 to USD 15.0 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 6.5% during this period
The Challenge of Packaging Waste
the power of one single forpet factory:
Total PET recycling volume is 16,000 tons/year. In finished packaging products annually, it is 800 mln lids or 130 million egg trays, 100 million cups, and 10,000 tons of film.
Enough for a city of 4 million people.