The retort packaging market was valued at U.S. $36.21 billion in 2018 and is expected to register a CAGR of 7.11 percent over the forecast period 2019-2024. The ease and adaptability of retort packaging technology has resulted in rapid growth of the market.

In February, the packaging world collectively turned its head toward the announcement of LOOP, a revolutionary and potentially disruptive paradigm shift in the way major brands provide high-quality packaging while simultaneously putting recycling and waste reduction front and center.

Comprising 90 different packaging designs across multiple categories, the unique Jack's store-brand range is rolling out across a number of stores.

Liqui-Box has agreed to acquire DS Smith plc’s Plastics Division to create a comprehensive, innovative leader in flexible and rigid packaging.

The cannabis packaging market has undergone significant growth, and various companies in many segments have recently launched recyclable packaging — such as metal cans, compostable cellophane bags and compostable pouches. Product marketing through packaging should be a focus, but meeting local and federal laws is critical for success.

Toray Plastics (America) has joined the SPC, a membership-based collaborative that believes in the power of industry to make packaging more sustainable. 

Amazon’s decision to move to lightweight flexible plastic mailers over its traditional cardboard boxes will likely set a trend for the rest of the industry, according to Wood Mackenzie Chemicals’ recent Q1 2019 Flexible Packaging Global Market Overview.

Small changes can create significant cost savings in packaging, so it’s no wonder the industrial internet of things (IIoT) is a trend that continues to grow within the broader digital transformation efforts.

With each passing year, the legalized cannabis industry grows as the stigma associated with it decreases. Ten states currently permit recreational marijuana, over 20 more permit medicinal use, and annual nationwide spending on legal cannabis is projected to reach nearly $50 billion in the next decade.

The global cook-in bags market is expected to post a CAGR of over 6 percent during the period 2019-2023, according to Technavio. A key factor driving growth is increased awareness about food hygiene.