The market for bioplastics used in packaging is anticipated to reach USD 16.6 billion by 2027, with a CAGR of 9.5 percent from 2013 to 2021, and is now valued at USD 10.5 billion in 2022. According to the FMI analysis, the market for bioplastics used in packaging would grow by 1.7 times its value from the base year during the course of the forecast year, creating lucrative investment prospects for the industry.
Tetra Pak launched a new version of Tetra Brik® Aseptic 1000 Edge with Bio-based LightCap 30. This is the first aseptic carton package in the world to receive the highest class of Vinçotte certification for its use of renewable materials.
A new version of Tetra Pak’s Tetra Top® package, more than 80% of which comes from plant-based materials, will make its global debut in the United States with JUST™ water. To announce it was last Friday the Swedish multinational company. The new generation carton bottle now comes with a cap and top made from high-density polyethylene (HDPE) derived from sugarcane. Combined with the FSC™ certified paperboard used in the main sleeve of the carton, this pushes its renewable content up from 53% to 82%, with no impact to its recyclability. This unique bio-based bottle delivers another milestone in a long line of successful environmental innovations at Tetra Pak.
Following its successful introduction with Finnish dairy Valio, the world’s first fully renewable package, Tetra Rex Bio-based, is now being rolled out to customers worldwide.
Finnish dairy producer, Valio, becomes the first company in the world to sell products to consumers in carton packaging made entirely from plant-based materials. Consumers are able to buy these packages at retail shops in Finland from this week.
Tetra Pak U.S. released a new white paper examining the use of materials in packaging that can be regrown or replenished naturally as a solution to the planet’s growing resource scarcity and to sustain the future of the consumer packaged goods industry.
Tetra Pak, the world leader in food processing and packaging solutions, headquartered in Sweden, announced that all of the packages it produces in Brazil are now using bio-based low-density polyethylene (LDPE). Combined with paperboard, the use of bio-based LDPE made from sugar cane increases the content of materials from renewable sources to as much as 82% in a Tetra Brik Aseptic 1000ml Base package, the world’s best selling carton package range for beverages.
The bio-based revolution extends to the carton packaging industry. In a first for this field, Tetra Pak, the Swedish multinational giant with net sales in 2012 of 11.15 billion euros, plans to sign an agreement with Braskem, the largest thermoplastic resins producer in the Americas, for the supply of low-density polyethylene (LDPE) made from sugar cane to its packaging material factories in Brazil.
IL BIOECONOMISTA 