Worldwide milk production is projected to jump 19% to 827 million tons by 2020, according to PMMI’s “Dairy Industry Marketing Assessment,” released in September at PACK EXPO Las Vegas 2013.
According to the Adhesive and Sealant Council’s most recent North American Market Report, the packaging sector makes up 59% of the market, with 4 billion pounds of product shipped in the North America (North America total market is 7 billion pounds).
In 1945, a self-taught radar tube specialist, Percy Spencer, began working on a new vacuum tube called a magnetron when he accidentally discovered microwave cooking.
Global plastics processing machinery demand is expected to advance 6.9% annually through 2017 to $37.1 billion. A healthier sales climate, resulting from accelerations in fixed investment spending and growth in the production of plastic goods, will spur gains.
Only 43% of Surveyed CPG executives think their company has a clear, well-understood strategy
December 5, 2013
Consumer packaged goods companies are underestimating the e-commerce channel’s growth potential and consequently may be missing out on a substantial market opportunity, according to the first of a two part Deloitte study, “Digital Commerce in the Supermarket Aisle.”
World demand for aluminum (primary and secondary/recycled) is projected to expand 5.8 percent per year through 2017 to 82.5 million metric tons. Of the 20 million additional metric tons of demand in 2017, nearly 11.5 million metric tons will be accounted for by China.
North American packaging expected to grow 1.4% annually
November 22, 2013
North America is the world's largest consumer of packaging, and is characterised by such packaging giants as International Paper, Tetrapak, Reynolds Group, Ball Corporation and Owens-Illinois. Since a brief dip in 2009, the North American packaging market has recently been growing steadily.
Study forecasts increase in produce packaging demand
November 22, 2013
US demand for produce packaging is forecast to increase 3.3% per year to $5.7 billion in 2017. Growth will outpace expected expansion in fresh produce production, reflecting the important role of packaging in the protection, safety assurance, and marketing of fresh fruits and vegetables.