Food Marketing Institute (FMI) released its U.S. Grocery Shopper Trends 2017 analysis, revealing shopper demand for dimensions of transparency along the supply chain challenged by an evolving marketplace.
New packaging equipment is being developed to help end users with challenging carton profiles, like beer baskets that showcase the expanding universe of craft beers, or delicate cigarette boxes, and even the brave new world of marijuana packaging and bottles made from completely recycled materials.
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.
Technology has made it easier for individuals involved in counterfeiting activities, as e-commerce platforms have gained popularity. Technology is assisting counterfeiters to advertise, produce and distribute fake products. However, technology can also play a crucial role to curb the production and distribution of counterfeit goods.
Demand for retail-ready corrugated boxes is projected to increase 5.6 percent per year to $3.3 billion in 2020. Growth will outpace the overall corrugated box average due to continued solid expansion for revenues and store units among retailers that require RRP, specifically club stores and limited assortment deep discount grocery stores.
As a frequent point of interaction on food and beverage packaging, dispensing closures provide key opportunities for brands to create differentiation on retail shelves and deliver memorable experiences that help build consumer loyalty.