At PMMI’s Executive Leadership Conference in Miami mid-March, I got to hear from David Strauss, Nestlé USA’s head of packaging. He discussed some of the current trends impacting consumer packaging and the machines that create them.
Danone and Nestlé Waters have joined forces with Origin Materials, a startup based in Sacramento, CA, to form the NaturALL Bottle Alliance, and together, the three aim to develop and launch at commercial scale a PET bottle made from bio-based material.
The global smart packaging market is expected to grow at 5.4% CAGR, hitting about US$52B by 2025. Market drivers include growing market for sustainable printed electronics, the Internet of Things and cloud computing, and rising food safety concerns.