date:Nov 30, 2018
The nature of product packaging is likely to change dramatically by 2020 as single-use plastics are phased out. Regulation is forcing companies to reduce their usage of virgin plastics.
Many companies, including Mondelēz International, PepsiCo, and Nestl have announced their intention to reduce plastic waste and move towards a circular economy for packaging.
In developed economies, about a third of plastic usage is in packaging. The difficulty to dispose of plastic without damaging the worlds