The U.S. cannabis industry has grown over 200 percent in the past five years, topping $7.3 billion according to the "Here to Stay or Up in Smoke: A Look at the U.S. Cannabis Market" infographic by PMMI, The Association for Packaging and Processing Technologies.
The packaging industry is growing. The value of the global packaging services market is forecast to grow from $33.7 billion in 2017 to $50 billion in 2022, according to research from Smithers Pira.
The distinction between mass-market and luxury products is becoming blurred, prompting luxury brands to turn to innovative technologies and strategies to attract customers to their high-end goods. According to a Smithers Pira report, the global luxury packaging market is expected to increase by an annual average of 1.3 percent to 2022.
Are you happier when your house is clean? If so, you’re not alone. It is therefore no surprise that consumers put thought into purchasing cleaners, surface disinfectant, dish detergent and other household products.
The rapid growth and success of digital print are prompting brands to experiment with marketing—improving approval ratings and brand loyalty from consumers—as well as meeting new regulatory demands and evolving new business models.
Americans are recycling their food and beverage cartons more than ever and continue to look to brands to actively help drive the recycling of their products’ packages, according to a new survey by the Carton Council of North America. The national survey of more than 6,900 U.S. adults showed that 61 percent of respondents report they always recycle their food and beverage cartons, up 11 percent from two years ago.
Growth of the market will be due in part to increased at-home deliveries and on-the-go dining in countries, according to a report by Global Market Insights Inc. Plastic, metal and glass packaging are a few factors that may affect paperboard packaging market in coming years.
Packaging machinery sales in the U.S. grew 4.8 percent in 2016, reaching a total of $9.8 billion, according to the “2017 State of the Industry – US Packaging Machinery” report, produced by PMMI, The Association for Packaging and Processing.
According to a new report by Technavio, "Global Barcode Label Printer Market 2017-2021," the focus on premiumization through product innovation will be one of the major factors that will have a positive impact on the growth of market till 2021.
The year 2017 saw a number of developments in products and changes in consumer attitudes that prompted the design of inventive packaging designed to meet emerging needs.