Part 1 of 6: Consumer habits, new technology and machinery changes provide exciting opportunities, along with some challenges, for the packaging market.
Packaging is constantly changing, and to keep up with consumer and retail/CPG demand, we have to look at the future as "now." Thinking ahead in order to make trend predictions and how machines and materials can be used is one way to help stay ahead in the ever-changing market.
Lightweighting rigid containers is extremely important for the future of rigid packaging. Overall, plastics are lighter and more efficient than many alternatives. The lighter weight reduces waste, energy use and carbon emissions through the full life cycle of a product.
In beverage cans, the versatility of metal packaging is being explored like never before as can manufacturers continue to innovate to make the iconic beverage can even more relevant to today’s consumer. Aluminum cans provide great taste, convenience, innovation and sustainability.
The glass container industry’s key indicators in North America remained generally stable between 2017 and 2018, with continued opportunities for growth in 2019 in the spirits, food and craft beverages markets.
The folding carton industry prides itself on steady growth and stable earnings, much of which is based on the fact that most paper-based packaging is used for consumer staples. Nearly 60 percent of all paperboard packaging is destined for food product segments.
It is a new year — with a new Congress, and many new state legislatures — but the same trade wars and scrutiny over packaging and plastics exists; so, what is the outlook for flexible packing in the U.S.? Still strong and growing.
Consumer preferences are changing and e-commerce is growing, lowering the barrier to entry for new players. As a result, CPGs are striving to maintain market share and drive sales.
The glass container industry’s key indicators in North America generally remained stable in 2017, with opportunities for growth in 2018 in the premium and craft spirits and wine segments, food, and non-alcoholic beverages.