Move Towards Circular Economyunwiredcp
On a global scale, the packaging industry is an enormous economic generator. Packaging is an all-encompassing industry term for the technology and design work going into protecting or enclosing every sort of product destined for storage, shipping and sale. Manufactures across industries hold importance to PACKAGING of the product as this signifies their brand and thus an essential part of their business model.
The packaging sector is moving towards providing sustainable packaging solution. There has been increasing awareness on Recycling, Resource Efficiency, Sustainability etc.
CONSUMERS NOW JUDGE BRANDS BASED ON SUSTAINABILITY
Consumers prefer products which are nature friendly and innovative. With plastic packaging having a significant market share, the growth of the industry is affected by the polluting effect of the material.
According to a recent global survey; 83% of global respondents believe it’s important or extremely important for companies to design products that can be reused or recycled. Source: Accenture (North America, Asia, Europe)
The India Packaging Market was valued at USD 50.5 billion in 2019, and it is expected to reach USD 204.81 billion by 2025, registering a CAGR of 26.7% during the period of 2020-2025. Source: Mordor Intelligence.
The global beverage package market size was 123.39 billion in 2018 which is projected to reach USD 177.04 billion by 2026, exhibiting a CAGR of 4.5% during the forecast period from 2019-2026. Source: Fortune business Insights
Packaging Solutions in Beverage Industry
Sustainability and smart packaging technologies are the buzzwords resonating among brands for building the future. This creates opportunity for the vendors with innovative solutions to gain the competitive advantage in the local market, as well as gain the market share with strategic partnerships of long-term material supply. Packaging in beverage industry, is among the front-liners where massive investments are being made for expansion and technological upgradation. The packaging of beverages both carbonated and non-carbonated, is a complex technological branch.
The changing trend is observed in the materials used from traditional returnable glass bottle to newer plastic containers as well as other materials with the objective to improve the conventional practices, extend their share in the large market, extend the shelf-life of the products, provide greater consumer convenience and ultimately to produce economic packages. Among the widely discussed material these days, ALUMINIUM is the word.
ALUMINUM IS WINNING
Aluminium’s ability to form any shape and its protective qualities have made it the most versatile packaging material in the world. In addition, a key benefit is that aluminium cans can be fully recycled and reused an infinite number of times. Aluminium cans allow the beverages inside them to retain their taste, while protecting them from the negative impact of the elements. In addition, the can itself does not get rusty or lose its properties in any other way.
These cans are the natural sustainable choice of packaging as they are lightweight, stackable and strong, allowing brands to package and transport more beverages using less material. They also have a higher recycling rate and more recycled content than competing package types. Aluminum cans are recycled repeatedly in a true “closed loop” recycling process. They are also unbreakable, impact-resistant and tamper-proof. It can also withstand extreme temperature and pressure.
SUSTAINABLE PACKAGING WEBINAR
“Sustainable packaging refers to the sourcing, development, and use of packaging solutions that have minimal environmental impact and footprint”. Sustainable packaging is becoming a higher priority for both brands and consumers – more now than ever before. In fact, implementing eco packaging in your brand’s operations is no longer an option – it’s a necessity.
The virtual webinar with the Theme Move Towards Circular Economy is trying to gather the sustainability experts for indispensable discussion to connect and shape the future of beverages packaging industry with the use of sustainable packaging materials specially aluminium.
- Sustainability and functional benefits of aluminium beverage cans
- Why Brands prefer aluminum packaging
- Growth in Green: Opportunities for Sustainable Packaging
- How do we increase the adoption of sustainable packaging materials?
VP and GM – India and South East Asia
Ball Beverage Packaging (India) Pvt. Ltd
Green Dream Foundation
CEO, Managing Director
Actor, Producer, UN Environment Goodwill Ambassador & United Nations Secretary-General Advocate for Sustainable Development Goals
President – India & South East Asia
Partner, IGH – Climate Change & Sustainability Services
Strategy and Brand, Futurescape, India Ambassador of University of Cambridge Institute for Sustainability Leadership
RIO INNOBEV PVT. LTD
14:45 - 15:00
15:00 - 15:05
Opening Remarks by ET Edge/Moderator
15.10 – 15.20
Keynote Address by Special Guest: Circular Packaging, it is a necessity not an Option!
Kartikeya Sharma, Vice President, Sales, AB InBev India
15.25 – 15.45
Fireside Chat: The most sustainable beverage container
As the most valuable package in the bin, aluminum cans are, by far, the most recycled beverage container. The average can contain 70 percent recycled metal.
Moderator- Himangshu Watts, ET Editor
Dia Mirza | Actor | Producer | UN Environment Goodwill Ambassador & United Nations Secretary-General Advocate for Sustainable Development Goals
15:50 - 16:05
Spotlight Talk by Ball Corporation: Why Aluminium is Winning?
Amit Lahoti, Managing Director – India & South East Asia Region, Ball Beverage Packaging
16:10 – 17:10
Panel Discussion: Managing the sustainability journey together
This session, which will ideally have five panelists along with a moderator, is going to be led by leaders who are going to apprise the audience of different benefits of recycling, reusable products in beverages packaging and for economic growth. The session will also emphasize on how the businesses can make this sustainability as part of their decision-making process.
Discussion points will include:
Moderator: Manpreet Singh, Partner, Climate Change, Sustainability & CSR Services Global Leader, Green and Social Bonds, KPMG India
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