Few people consider used plastic to be a valuable global commodity. Yet China has imported 106 million tons of old bags, bottles, wrappers and containers worth $57.6bn since 1992, the first year it disclosed data. So when the country announced last year that it finally had enough of everybody else's junk, governments the world over knew they had a problem. They just didn’t know exactly how large it was.
Global demand for polyethylene, the world’s most used plastic, has nearly doubled since 1999, but this growth in demand is being met with significant new market pressures, such as a rise in consumer expectations around sustainability, along with tightening environmental regulations in key growth markets such as China.
Using traditional product packaging in e-commerce can hurt the bottom line. For many companies, the practice triggers unnecessary, counterproductive costs several percent of their total cost of goods sold (COGS).
President Donald Trump has proposed tariffs on aluminum and steel that he says will put the country first. But a broad swath of corporate America strongly disagrees, saying the levies will boost prices on everything from cars to beer and force companies to cut jobs.
The latest news, analysis, trends and solutions regarding packaging for warehousing and distribution. Today’s companies are moving goods across more suppliers, vendors and customers than ever before, and innovative packaging solutions can help them stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency, improve sustainability and cut costs. Learn how companies around the world are improving supply-chain operations through their strategic use of packaging in the warehouse.
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