In this issue of Packaging Strategies, hear about the latest in eCommerce packaging, take a look at standardization, read about the upcoming PACK EXPO, and much more!
In today’s connected world, consumers desire availability and speed with their purchases. Whether it’s food and drinks or clothing and cosmetics, we want everything fast. The rise of e-commerce packaging has soared to new heights, and a new set of parameters for packaging has come with it.
The world market for packaging machinery value is expected to reach $42.2 billion by 2021, according to PMMI’s “Global Trends Impacting the Market for Packaging Machinery 2018” report.
More pharmaceutical manufacturers are investing in automation strategies to improve their operations and services. Nearly 50 percent of pharmaceutical and medical device companies have line automation integration underway and will be tracking overall equipment effectiveness(OEE).
Advancements in technology offer packaging machine flexibility.
October 10, 2018
As production facilities continue to be challenged by smaller batch runs, higher OEE requirements and skilled labor shortages, there is a desire for simpler, more flexible equipment. One way to achieve more flexibility is by addressing the time, tools and parts needed to implement changeovers.
E-commerce packaging is still evolving and finding its place within the online purchase loop. With new technologies streamlining checkout processes making every click count, brands are discovering the importance of packaging’s role in consumer happiness.
In 2015, a study by Freedonia Group (freedoniagroup.com) projected that demand for tube and stick packaging in the U.S. would advance 4 percent per year to $2.1 billion in 2018, with stick packs making up the lion’s share of that growth relative to tubes.
Women comprise nearly half of the working population (47.5 percent), yet they are underrepresented in the manufacturing industry — making up only about one-third of the manufacturing workforce in the United States.