Stand-up pouches(SUPs) is now one of the fastest growing flexible packaging formats with global demand expected to pass 90 billion units in 2017, according to a report from AMI. The favorable development of the total supply chain cost of stand-up pouches and their stronger proposition to promote sustainability compared with rigid packaging alternatives will continue to be the key drivers of demand.
According to a report by Transparency Market Research, the global biscuits market is estimated to reach U.S. $109,959.9 million by the end of 2025. Increasing consumer demand for natural and GMO-free products is pushing the market due to rising health awareness and food safety concerns,
The global packaging divider market is expected to grow at a CAGR of close to 6% during 2017-2021 period, report projects; food and beverage accounted for close to 33% of total market in 2016, while pharmaceuticals held 27% market share and automotive took 18%.
The global packaging adhesives market is expected to reach U.S. $10.11 billion by 2025, according to a new report by Grand View Research Inc. The growing usage of packaging adhesives in flexible packaging, paper & board packaging, and rigid packaging is anticipated to strengthen the market growth.
Aluminum beverage cans are the most recycled drinks package in the world, according to a new analysis by Resource Recycling Systems (RRS). Commissioned by the Can Manufacturers Institute (CMI), Beverage Can Makers Europe (BCME) and Abralatas in Brazil, the study used global recycling data to calculate and validate the global recyclability rates for aluminum, PET and glass beverage containers.
Pet food packaging has become important for pet food manufacturers for branding purposes, making it likely to receive significant investment from key players in the pet food market in the coming years.
Demand for food and drink packaging in North America will continue to expand and add new functionalities across the next five years, according to the latest exclusive market research from Smithers Pira.
A new MarketsandMarkets report reveals that the medical packaging market will grow from U.S. $35.31 billion in 2016 to U.S. $50.55 billion by 2022, at a compound annual growth rate (CAGR) of 6.29% from 2017.