Flexible Packaging Materials, Plastic Bag Innovations, and Industry Trends

This landscape report presents a comprehensive analysis of sustainability trends and innovations in the packaging industry, with a particular focus on eco-packaging materials, flexible bio-based film, and biodegradable bags. Since 2020, there has been a notable increase in news articles covering these topics. The Paperboard Packaging Cluster received the highest positive sentiment score, indicating a positive public reaction, while the Biodegradable Plastic Bags Cluster received the highest negative sentiment score.

The report highlights the emergence of the Plant-Based packaging cluster as a significant industry trend, with companies experiencing substantial growth from 2011 to 2023. These companies have attracted a total private investment of $2 billion in the last three years, with 2023 being the highest investment year.

About Ubuntoo's Landscapes:

Ubuntoo, in its Landscape Assessments, proposes a Design Thinking approach using the Double Diamond framework to accelerate sustainability initiatives for organizations. The framework involves two stages: landscaping industry megatrends and focus areas, followed by discovering tailored solutions for clients' specific sustainability challenges.

The landscape exercise involves three distinct methodologies:

• News, blogs, and articles: These sources are leveraged to identify megatrends and existing solutions that can be implemented within the next six months. The team collects insights from more than 60,000 global news sources and over 1,000,000 blogs.
• Companies: Competitive scouting and identification of nascent start-ups and adjacent solutions are conducted using a database of over 22 million companies. The information includes metadata on founding year, investment amounts, and investors, among other data points.
• Patents: To uncover emerging technologies and innovations, insights from patents in more than 50 jurisdictions are gathered, including metadata on company assignees, filing locations, and statuses.

By following this comprehensive approach, Ubuntoo enables organizations to stay ahead of industry trends, discover innovative solutions, and implement sustainability practices that align with their specific needs and goals. The report provides valuable insights and strategic recommendations to empower retailers in their journey towards a more sustainable and customer-centric future.