Global demand for functional and barrier coatings in paper and paperboard applications, is forecast to grow by 4.9% year-on-year to $5.18 billion by 2022.
Consumer focus on wellness, environmental impact and macroeconomic factors such as the growth of the middle class creating more disposable income are shaping the global packaging market, said Charles D. Yuska, president and CEO, PMMI, The Association for Packaging and Processing Technologies.
For the first time ever, I had the privilege of attending the Craft Brewers Conference last month in Washington, D.C. and got a behind-the-scenes look at craft brewing, the people behind the segment, and the businesses that are involved in the processing and packaging of this popular drink.
Stretch wrapping equipment has a multi-purpose function of protecting the cased product, keeping the load stable, forming a tight seal and cutting off the wrap – all at high speed.
The Paperboard Packaging Council (PPC) held its Spring Outlook and Strategies Conference on Mar. 29-31, 2017, in Charlotte, NC where leaders in the paperboard packaging industry learned the latest in consumer, economic, and policy trends.
The recycling of plastic wraps, bags and other film packaging grew 34 million pounds, or 3%, in 2015 to reach a minimum of nearly 1.2 billion pounds for the year. This marks the eleventh consecutive year of increases and the highest annual collection of plastic film since the survey began.
Label Insight's 2017 Shopper Trends Study reveals that 67% of consumers say it is challenging to determine whether a food product meets their needs simply by looking at the package label, and nearly half of consumers (48%) consider themselves "not informed at all" about a food product even after reading the label.
The distilled spirits sector achieved accelerated growth in 2016 with supplier sales up 4.5% to $25.2 billion, volumes up 2.4% to 220 million cases and a seventh straight year of market share gains relative to beer, the Distilled Spirits Council announces.
A report by Allied Market Research, forecast that the global organic dairy market is expected to grow at a CAGR of 14.25% from 2016 to 2022 to reach $36,729 million by 2022.
