Sustainability, technology, and classic design headline packaging trends in 2020
As consumer habits, needs and demands evolve and develop, the packaging industry must innovate and stay up to date with new trends in packaging. According to a report by McKinsey & Company, as of 2019 the packaging industry creates $900 billion in annual revenues throughout the world. The report also states the industry is projected to grow at a rate of 3.1% each year through 2022.[1]