The Independent Carton Group (ICG) reports that, despite continued consolidation in the folding carton industry, business growth among its membership remains strong. This is evidenced by the significant investments that ICG members continue to make in their own operations and the strength of their collective buying power.
In the face of immense cost pressures and ever-increasing competition, packaging has become a key competitive differentiator and a focus area for CPG companies. A question that is often asked by category managers and procurement leaders is: “Is the business being correctly charged by the supplier?”
Specialty retailer Barneys New York plans to open The High End, a luxury cannabis lifestyle and wellness concept shop. The High End will open in Barneys New York's Beverly Hills flagship store in March, featuring an exclusive partnership with cannabis company Beboe.
Make your packaging or manufacturing line efficient by adopting overall equipment effectiveness.
February 13, 2019
As packaging lines have become more efficient, waste or problems on the line can become less visible and harder to identify. For example, lines might be slow due to multiple micro-stops, or overall line performance might falter due to lack of standard work or process for operators. We can miss what we don’t see.
E-commerce, concern over food waste and consumer demand for fresh, ready-to-eat (RTE) foods are spurring innovation in the food preservation market. On-the-go consumers are seeking healthy, fresh and RTE options in categories like meats, dairy and juices as an alternative to processed snacks found in the center grocery aisles.
Your packaging may be more important to your company’s success than you know. In addition to attracting consumers’ attention and protecting your products, it also can have a significant impact on your operating costs.
Demand for digital printing in packaging was estimated to be valued at over U.S. $11 billion in 2016, and a new report by Future Market Insights estimates it to grow at 15.3 percent to surpass U.S. $52 billion in revenues by 2027.
Harvey Nichols has released a range of luxury gift products for Valentine’s Day, with design by creative and strategic branding partnership Smith&+Village.
Considering the boom in boxes magically appearing on our doorsteps, brand owners should consider what this means from a customer engagement and retention perspective.