Packaging companies will substantially increase investment in Research & Development (R&D) over the next five years, meaning an R&D arms race may emerge as companies seek to develop more unique and novel pack designs, according to consumer insight firm Canadean.
WestRock today published Packaging Matters™, the company’s fourth annual study of the impact of packaging on product satisfaction and consumer purchasing behavior.
Data from Smithers Pira forecast steady growth across the packaging industry – to reach $997 billion in 2020 – and sustainability will become an increasingly important factor for decision makers at all stages of packaging value chains.
The World Plastics Council (WPC) highlighted the collaborative work launched to address marine litter based on recommendations in “Stemming the Tide: Comprehensive Strategies to Prevent Marine Litter” recently at the United Nations Environment Assembly (UNEA-2).
The International Bottled Water Association (IBWA), in conjunction with Beverage Marketing Corporation (BMC), has released 2015 bottled water statistics, showing that Americans’ consumption of bottled water increased by 7.9% and bottled water sales are up 8.9% since the previous year.
The U.S. Food and Drug Administration has finalized a new food safety rule under the landmark bipartisan FDA Food Safety Modernization Act (FSMA) to help prevent wide-scale public health harm by requiring companies in the US. and abroad to take steps to prevent intentional adulteration of the food supply.
The presence and labeling of genetically modified organisms (GMOs) in our food has been hotly debated by consumers, manufacturers, scientists and governments alike. A new Harris Poll reveals consumers’ awareness of and perspectives on GMO labeling.
Rising ingredient costs and new legislation will be the main barriers to profitability for consumer packaged goods (CPG) companies between now and 2021, according to consumer insight firm Canadean.