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Lightweight packaging is the form of packaging solution made for items/ products that are light in weight and are typically small. The lightweight packaging is an enormous industry that generates a mammoth amount of revenue and supplies a great deal of products. In the whole packaging space, the material that matters the most and the material that completely reduces the weight of the whole product after finishing packaging is plastic. Plastic packaging is by far the best and the most affordable as well as innovative solution whereas the products safety and delivery intact is concerned. Technological advancements in lightweight packaging is expected to听 drive demand in sustainable packaging market.

The emerging economies, which in total maintained positive growth during the crisis, are expected to continue to register strong growth, driving demand for sustainable, lightweight, user-friendly and enhanced plastic packaging products in the coming decade. Plastics have increasingly replaced traditional materials in the packaging industry because of their lightweight and superior functionality. Although the consumption of flexible plastic packaging is growing at a rapid pace, rigid plastic packaging still holds the majority of the market. A key trend that has been beneficial to growth has been a shift by the consumer to consumption at home. In an attempt to save money, many consumers are attempting to re-create the dining out experience at home, with intelligently packaged ready meals. As such plastic packaging applications are increasing in the food & beverage sectors. Also, the sub-markets of the consumer plastic packaging industry continue to rapidly develop, with stand out growth rates being witnessed in the personal care and healthcare sectors in particular.

The plastic packaging market stands immune to the recent economic downturn as technological advancements related to lightweight, convenient and sustainable packaging will retain its demand in the industry. Furthermore, key industry players and manufacturers are opting for better materials made from renewable sources for packaging purposes thus keeping them out of the landfills. Environmental-friendliness and sustainability have become basic qualifying criteria for all packaging products. In this regard, the plastic packaging market is at a distinctive advantage since with the advent of biodegradable plastic and bio-plastic, the plastic packaging market has gained an edge over other packaging materials, which makes it easier to recycle, reduce and reuse and raise its eco-friendly profile.

The global plastic packaging industry is expected to exhibit solid growth, driven by three major drivers - escalating demand for lightweight and sustainable packaging solutions; healthier and better lifestyles worldwide; and rapidly developing emerging markets with improved disposable incomes and growing consumer demand for plastic packaging across all sub-markets.听

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