Amcor, among the top five largest packaging companies in the world by revenue, is mostly involved in flexible and rigid plastic packaging for the food and beverage sector. In 2016, it had a revenue of USD 9.4 billion, 68% of which came from flexible packaging. We were commissioned by them to analyse the challenges and opportunities for collection and circularity of post-consumer flexible packaging in Asia.
Most plastic packaging is used only once in the current linear economy. Flexible packaging – which includes plastic and is flimsy and lightweight with limited end uses – is even less commonly recycled, and so tends to quickly end up as litter in waterways and eventually, the ocean.
This means much of the value of flexible packaging material is lost to the economy after a single use even as global flexible packaging consumption grows rapidly, with Asia Pacific contributing the most to this growth.
“The report includes a comprehensive and latest scenario on what is currently being done in India, Indonesia and the Philippines” Polyestertime
“The report discusses how entities can increase their efforts to recover and recycle flexible plastic packaging in the continent… it encourages recycling initiatives in Asia” Packaging Gateway
“The report revealed that greater interventions are required to address increasing post-consumer flexible packaging waste in Asia… effort must include a multi-stakeholder approach including participation from local government, embrace source segregation, support material recovery facilities and, ensure a financially viable end solution” Packaging Business Review