The global packaging industry is forecasted to reach $1.05 trillion this year, with a 2.8% compound annual growth rate (CAGR). Asia is the largest consumer packaging market globally, closely trailed by North America and Western Europe, as analyzed in Smithers' report 'The Future of Global Packaging to 2024'. 

Given the growing demand for sustainable packaging solutions due to changing consumer preferences and increased government regulations, organizations are transitioning to eco-friendly materials and innovative packaging designs. This shift is fueling a significant transformation in the global packaging sector. This podcast episode will explore how critical global packaging industry trends influence sustainability initiatives.