In the report, "The Future of Rigid Plastic Packaging to 2022," Smithers Pira forecasts that global rigid plastic packaging consumption will be worth $166 billion in 2017, and exceed $200 billion at the end of its study period in 2022. Volume consumption of rigid plastics globally will reach 52.9 million tonnes in 2017, and is projected to grow over the next five years at an annual rate of 3.7% to 63.4 million tonnes.
Linx Printing Technologies introduces a new formula that meets the challenges of coding onto oily surfaces. Linx Black oil-penetrating ink 1062 is able to print effectively through light layers of oil onto a wide range of materials, including plastics, metal, glass and waxy surfaces.
At 92 million strong, the millennial generation is the largest in U.S. history. Currently holding over $600 billion in annual purchasing power, millennials’ buying power is predicted to reach $1.4 trillion annually by 2020 and $11.3 trillion by 2030. Like it or not, millennials are taking over the joint.
According to a report by Transparency Market Research, the global biscuits market is estimated to reach U.S. $109,959.9 million by the end of 2025. Increasing consumer demand for natural and GMO-free products is pushing the market due to rising health awareness and food safety concerns,
Fifty50 Foods reveals new packaging prominently featuring its brand slogan "Eat Well, Feel Good" to underscore the company's commitment to helping consumers benefit from a low-glycemic diet. The company will also continue its 26-year legacy of donating half of its profits to diabetes research.
The global sanitary food and beverage packaging market is likely to grow at a CAGR of nearly 6% during the forecast period 2017-2021, according to Future Market Insights (FMI). Increasing emphasis on maintaining food safety during the supply chain is promoting investments by manufacturers.
The Sigpack VPF (Vertical Platform for Flat Pouches), the first freely scalable flat pouch machine from Bosch, has been honored with the German Design Award 2018 in the Excellent Product Design category. The German Design Award is the second prestigious accolade for the Sigpack VPF following the German Packaging Award in 2016.
Walmart-owned online retailer Jet.com, unveils its own private label, Uniquely J. The range of foods and home goods is a new challenger in the battle for market share in the rapidly emerging e-commerce private label category and represents a radical new direction for branding in the private label category.
The global ready meals market is expected to grow due to increasing advancement in the packaging industry. Demand for food that is additive-free, minimally processed and with extended shelf life is expected to drive the market.
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