The value and challenges of packaging
Rethinking the linear economy with a circular economy approach
Packaging plays an essential role in our lives today. There won’t be a world without packaging. Although, paper, glass and aluminum also have their advantages as packaging substrates, plastic has become the most popular packaging material due to its high functionality and its comparatively low production costs.
Before we look into the future, let us venture a look into the past. The first evidence of artificially produced glass packaging was found in ancient Egypt in the 15th century. And the first fully synthetic plastic was invented in 1907.
But only during the last 50 years plastic packaging has been playing a major role in the economic growth and our society’s wellbeing. By keeping medical products sterile, creating access to safe food and water as well as reducing food waste, it has significantly helped to address major global challenges. Today, plastic is the substrate of choice for many consumer products and industry applications.