Recycled packaging help companies differentiate their products in the market along with reaching their sustainability goals. For instance, Amcor is pledging to develop all of its packaging to be recyclable or reusable by 2025. Factors like increasing urbanization and the rise in demand for off-the-shelf products are driving the market. The growing solar energy market, due to increasing dependence on renewable energy sources, along with the subsidies available for energy storage, is anticipated to contribute the growth of the market, thus, accelerating the glass demand in the market. However, growth and advancement in biodegradable plastics is hindering growth.
(Packaging Strategies, September 12, 2019)

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