The opportunity in the global sterile medical packaging market is projected to reach U.S. $38.3 billion by 2024.

The growth will be due, in part, to demand for spirits in Asia Pacific and the launch of innovative products in Americas, says Technavio.

Speed scratch cooking – taking semi-prepared, healthy ingredients and creating a homemade meal – along with zero waste, drinkable soup, grass-fed dairy, microgreens, sea plants, vinegar seen as top trends by industry expert Mareya Ibrahim.

The recent staging of upakovka, 25th International Trade Fair for Processing & Packaging, and interplastica, 20th International Trade Fair Plastics and Rubber in Moscow reflects the improving Russian packaging market. 

In today’s changing packaging landscape, challenges and obstacles are sure to appear for packagers and suppliers meeting new industry standards, as well as satisfying consumer demand.

According to a survey by Canadean, 60% of consumers find new experiences more exciting than new products, and are starting to seek products offering more than mere functionality.

The global package printing market is expected to grow from U.S. $120.02 billion in 2016 to $192.75 billion by 2026 at 4.9% CAGR.

Remember the feeling when you picked up your first iPhone? Taking off the plastic seal and feeling the sleek white box? 

The global food container market is expected to reach U.S. $346.99 billion by 2025, driven by bioplastics and advances in cold storage and enhanced shelf life. 

As vendors become more recognized as brands, large retailers increase their private-label brand offerings.