PET pharma packaging market driven by innovation and investments.
June 25, 20261 min read

Bureau
Trends
5th March 2026
Yahoo Finance
Thimmiah Napanda, Managing Director & CEO, Alternicq, highlighted that the PET packaging industry is entering a new phase driven by sustainability, circularity and innovation-led growth. He emphasized that increasing adoption of recycled PET, regulatory mandates and advancements in packaging technology are accelerating the transition towards a more circular economy. Alternicq’s focus remains on enabling brands to achieve sustainability goals through scalable, high-quality and recyclable packaging solutions. Napanda believes that innovation, material science and integrated recycling capabilities will be key drivers shaping the future of the packaging industry.