AMCOR Recognized as A Market Leader in the “Top 21 Sustainable Packaging Companies, Worldwide 2023” by MarketsandMarkets 360 Quadrant
Sustainable packaging, also known as eco-friendly or green packaging, refers to optimizing the renewable and recycled source of materials using clean production and transportation technologies in order to effectively utilize and recover biological or industrial life cycle. The sustainable packaging approach aims to reduce waste, conserve resources, and decrease the carbon footprint associated with traditional packaging methods. Even though there are multiple benefits of sustainable packaging, one significant hindrance to its widespread adoption is the initial investment required to transition from conventional packaging methods. Many companies are cautious due to concerns about increased costs, limited availability of eco-friendly materials, and the potential impact on product shelf life and protection. Addressing these challenges through innovation, collaboration, and a shared commitment to sustainability is essential for the continued growth of sustainable packaging across industries...