LEATHERHEAD, Surrey, UK and AKRON, Ohio, USA – August 11, 2020 – Demand for mono-material flexible polymer packaging will reach 21.51 million tonnes and a value of $58.9 billion in 2020, according to research in the latest Smithers market report – The Future of Mono-Material Plastic Packaging Film to 2025.
The demand for more sustainable solutions to meet brand owner and consumer expectations will see this market accelerate at a compound annual growth rate (CAGR) of 3.8% to reach $70.9 billion in 2025, with a total of 26.03 million tonnes consumed.
The need for easier to recycle polymer form
