
Plastic packaging has played a crucial role in ensuring consumers have affordable access to food and drinks. It’s a durable material that protects food from perishing and allows for mass production and distribution. Petroleum-based plastic has proven a boon to the food and beverage industry and to consumers everywhere, but it is also environmentally unsustainable in the long term. Globally, governments and companies are seeking new ways to reduce the accumulation of single-use plastics and other packaging, which so often ends up in landfills and the ocean. Consumers also support the drive to reduce plastic waste; a 2023 McKinsey study showed they are willing to pay more for sustainably packaged products.
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