LUXURY PACKAGING MARKET ANALYSIS

Market News

Recent Developments:

1. In March 2020, DS Smith announced the opening of its first recycling facility in the U.S., the company's latest expansion of its business operations in North America. The new plant can recycle over 36,000 metric tons of old corrugated cardboard each year, creating new and fully recyclable packaging for customers. DS Smith plc. is a British multinational packaging business, headquartered in London, England.
2. In February 2021, Heineken partnered to support a new glass recycling pilot program, Volte Sempre, in Brazil. Consumers take their empty glass bottles to machines located at convenient places around supermarkets, bars, and residential condos. When a consumer drops off a bottle at a Volte Sempre machine, they get a credit through an app that they can redeem towards their next Heineken product purchase. The company thereby uses recycled glass to maintain environmental sustainability. Heineken N.V. is a Dutch multinational brewing company, founded in 1864 by Gerard Adriaan Heineken in Amsterdam.