Flexible packaging has quickly become a popular choice among consumers and consumer goods producers due to its cost efficiency and convenience. However, lack of sustainability and low premium appeal are hindering the growth of the flexible packaging segment, signaling a need for manufacturers to invest in addressing these issues, according to research and consulting firm GlobalData.
“Beauty is everywhere a very welcome guest,” wrote Johann Wolfgang von Goethe at the start of the 19th century. And already 3,000 years before this, a great deal of time and care was devoted to external appearance.
The PET Packaging Market is forecast to reach 21.2 million tons by 2021, according to a report by Smithers Pira. A strong level of new product developments into under-developed markets such as preserved foods, thermoforming, fruit juice and other functional beverages, are projected to boost the market going forward.
The most common strategy deployed by many water bottlers to meet sustainability initiatives has been to significantly lightweight their PET containers. However, a recent study found that oftentimes these bottles might meet consumer expectations for convenience and price, but may not minimize the carbon footprint.
Transcendia, a leader in custom engineered materials for critical product components in a wide range of markets and applications has completed the acquisition of Marshall Plastic Film. The acquisition broadens Transcendia’s material science expertise, industry leading service and extensive technology platform into engineered polyethylene films.
ProAmpac introduces its newest line of pet food packaging, PRO-DURA™ Premium. The new dry food packaging is a woven polypropylene bag by design, with an innovative film-like exterior, that runs on existing multi-walled bag machinery.