The market was valued more than $35 billion in terms of revenue in 2019 and is predicted to grow at a CAGR of 25.8% during the forecast period (2020 to 2027).
Driving automation investments for converters and flexible packaging market are tight tolerances and rapid changeovers due to more eCommerce product introductions.
Servo technology, sensors, and machine vision have been serious players in many different industries within manufacturing over the last fifteen years, and these automation technologies emerged due to standardized industrial protocols on the plant floor.
Flexible Packaging sat down with Tom Gilbertson, V.P., application engineer at Enercon, to discuss dyne level testing in the converting and extruding industries.
Many prominent consumer packaged goods (CPG) companies have set ambitious sustainability objectives, like targeting a supply of high levels of recyclable or reusable packaging as soon as 2025, while reducing the use of plastics.
Legal cannabis sales in the U.S. are predicted to reach $41 billion by 2025, a market force to be reckoned with.
September 17, 2020
It’s no wonder legal cannabis products are poised to become the largest growing new consumer packaged goods (CPG) segment in the U.S. Major changes to the business landscape are coming as a result…and many have already begun. Here are six things that will change in the CPG industry as a result.
Global Pouch Forum, the longest-running flexible packaging conference, has the reputation of being the best event for flexible packaging, the fastest-growing packaging segment.