Growing desire to reduce the depletion of natural resources, non-renewable energy sources and rainforests is pushing manufacturers toward more environmentally friendly packaging solutions.

As Investment in IoT rises, PMMI’s Tom Egan offers a closer look at the trend.

The latest Global Packaging Trends Report from PMMI identified increasing awareness of health and wellness as one of the key trends driving development and innovation in packaging.

The beverage packaging industry is showing strong growth around the globe and is estimated to reach $131.1 billion by 2019, a five year CAGR of 4.4%1.

The global flexible packaging market is expected to grow by an average annual rate of 4.4%, reaching $99.10 billion by 2019, making it one of the fastest growing segments in the packaging industry.

The food and beverage packaging industry is undergoing constant change. New developments in automation, and a continuing focus on flexibility, continue to support the advancement of manufacturing operations in the areas of efficiency, sustainability and food safety.