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Sustainable Packaging Solutions in India: Navigating the Transition to a Circular Economy

Article / By

Packaging is one of India’s fastest-growing industries, contributing to technological
advancements across various manufacturing sectors, including agriculture and
fast-moving consumer goods (FMCG). The India Packaging Market size is estimated at
USD 84.37 billion in 2024. It is expected to reach USD 142.56 billion by 2029, growing
at a CAGR of 11.06% during the forecast period (2024-2029) (India Packaging Market
Insights, n.d.-b). In 2019, India produced around 17 million tons of plastic, among them
approximately 59% was used in packaging, of which only 15% was effectively recycled
with the rest either incinerated or dumped in landfill (UNEP, 2021). The trend of plastic
consumption in packaging in India is higher compared to the global average, accounting
for approximately 59% of total consumption of 19.8 million tonnes in 2020. (Hossain et
al., 2023)

Vilnius-based Sort A Brick secures €1.15 million to help people reuse their LEGO bricks

Case Study / By

Lithuanian startup Sort A Brick, a service for sorting customers’ old LEGO® bricks into new sets, has secured an investment of €1.15 million. The financial support comes from the Baltic-focused VC fund Firstpick, nine business angels, and the founders’ initial investment of €200k. Sort A Brick offers a service that cleans, sorts, and repackages customers’ …

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New AI recycling solution is good news for the circular economy

Research Paper / By

Sorting post-consumer waste is one of the key steps towards creating a circular economy for the materials we produce. According to Plastics Europe over 10 million tonnes of post-consumer plastic waste is sent for recycling every year, yet 65% of this plastic waste is still going to energy recovery or to landfill. Over the last …

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Can new 3D printing options tackle scourge of plastic pollution?

Research Paper / By

Innovators may have contradicting opinions regarding plastic packaging. On the surface it is an accessible option, benefiting corporate resilience and customer affordability. But microplastics pollute oceans, impact human health and worsen climate change. Balancing plastic’s perk with a more eco-conscious composition may now be possible though, thanks to advancements in 3D printing. Closing in on …

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How is AI being used in fashion and retail in Europe?

Research Paper / By

The fashion and retail industry has been facing a series of formidable challenges, from the intricacies of supply chain management to rising production costs, and evolving consumer behaviours. Brands and retailers in the industry are rethinking how they can stay competitive and win over customers. Could artificial intelligence (AI) hold the key to unlocking new… …

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London-based Finematter raises €2.6 million seed to foster a circular jewellery economy

Research Paper / By

Finematter, a circular marketplace revolutionizing the jewellery industry, announced the successful second close of its seed round, bringing the total raised to €2.6 million. Renowned tech founders and industry veterans exclusively backed the round, sharing Finematter’s vision of promoting circularity and transparency in the jewellery market. The seed round counts contributions from distinguished angel investors… …

London-based Finematter raises €2.6 million seed to foster a circular jewellery economy Read More »