ING analysis: packaging consumption will continue to grow rather than decline

Consumers worldwide will not use less packaging in the future, but more. Although the highest increases will be in Africa, Asia and Latin America, packaging consumption per capita is also rising in Europe, the USA and Australia. This is the conclusion of an analysis by the global ING Bank. In Europe, for example, the volume of packaging waste per capita is expected to increase by 20% by 2030 – compared with the 2018 figures. For the US, the study, which is based in part on data from Eunomia, assumes an annual increase of 1.5% in total packaging volume in the consumer goods sector between 2021 and 2025. This exceeds the projected population increase. According to the study, the average US citizen will consume 1,360 packages annually in 2025, up from 1,290 in 2021....