According to a report by Research and Markets, pharmaceutical packaging accounted for $70.16 billion in 2017 and is expected to reach $149.25 billion by 2026, growing at a CAGR of 8.75 percent during the forecast period.
The competition is part of the company's drive to solve one of the biggest challenges in the packaging industry – to reduce the amount of non-recyclable waste that is generated every day.
TC Transcontinental Packaging is launching one of the first-in-market, 100 percent recyclable, multilayer barrier standup pouches in North America in partnership with Harney & Sons, an American tea company, for its loose tea flexible plastic pouch.
INX International Ink Co. has come out with INXhrc natural-based water, solvent and conventional offset inks, which use fewer chemicals compared to traditional inks.
Nearly 30 companies from the plastics and consumer goods value chain launched the new “Alliance to End Plastic Waste” (AEPW). The goal is to develop and bring to scale solutions that will minimize and manage plastic waste, and promote solutions for used plastics by helping to enable a circular economy.
Some 27 percent of grocery purchasers say Walmart is the in-store retailer they get groceries from most, more than twice as many as Kroger, the next most chosen retailer, according to market research firm Packaged Facts in the report "U.S. Grocery Market Focus: The Walmart Food Shopper."
The Nielsen Design Impact Award identifies the most impactful redesigns over the last two years. Brands and design agencies can submit their redesigns for consideration, with a deadline of January 31, 2019.
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