The packaging industry supports pharmaceutical and health sectors, with serialization playing a transformative role in ensuring compliance with regulations.
Antares Vision Group has implemented a traceability solution for cosmeceutical skin care provider Episciences, Inc., addressing supply chain visibility and gray market diversion challenges. The system was developed by ACSIS, a business unit of Antares Vision Group.
Track and trace solutions are critical for product safety, preventing counterfeiting and achieving supply chain transparency. These companies are making names for themselves in the sphere of traceability and serialization.
The global track and trace solutions market is expected to reach $28.9 billion by 2032, with companies in various industries utilizing these solutions for production and sales tracing and compliance. Notable firms such as MM Packaging, Antares Vision Group, and Deitz Co. have developed innovative solutions for these needs.
Rocky Mountain Oils, a U.S.-based manufacturer of natural essential oils, has launched Ava Shield all-natural personal and home care products. The products are infused with essential oils and said to be made without using any harsh chemicals.
Demand for plastic cosmetic and toiletry containers in the U.S. is projected to increase 1.6% per year to 17.6 billion units in 2020; growth will be the result of healthy shipment expansion in a number of key plastic container applications.