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No matter where you live around the world, you might have seen “dark” stores — retail giants that have moved from selling products in-store to creating a fulfillment center in the physical store space.
The global next-generation packaging market was estimated to be valued at more than U.S. $3.3 billion in revenue in 2019 and is predicted to grow at a CAGR of 3.7% during 2020 to 2027, reports a new market study by Coherent Market Insights.
The plant-based food trend has been building for a few years. In 2020, its appeal broadened to a larger audience, reflecting consumers’ amplified health concerns. Recognizing this movement, grocers and CPGs are introducing programs to capitalize on the market potential. Those efforts will expand as consumers continue looking for ways to incorporate more plant-based foods in their diets.
Demand for poultry packaging is forecast to increase 3.4% per year from $4.2 billion in 2019 to $4.9 billion in 2024, according to the report “Meat, Poultry & Seafood Packaging,” by The Freedonia Group.
The same government that destroyed Puerto Rico’s economy and the domestic pharmaceutical industry by repealing Section 936 in 2006 is now going to tell you what heroes they are by reviving that industry. It might be easier said than done.
A recent headline in the Philadelphia Inquirer reading “Robots don’t get sick” succinctly summed up the current view of consumer packaged goods (CPG) companies during the COVID-19 pandemic when it comes to automation.
By now, most of us are likely getting used to social distancing, wearing masks, using hand sanitizer non-stop and the craziness the first three-quarters of the year was. But what has the pandemic brought to the packaging space?
Now more than ever, packaging safety is a top priority — not just for pharmaceuticals and certain foods requiring temperature, moisture or other control measures.
The other day I received in the mail something called “LastSwab.” I didn’t have a clue what it was, so I opened the package, and lo and behold: a carrying case for one lone cotton swab.
In addition to world packaging events going all digital, companies themselves have stepped up and taken control of showcasing their new products to a broad audience by creating their own virtual press events.
New solutions continue to be developed by multiple Task Forces and Solutions. Currently, available OpX Leadership Network solutions and best practices are divided into three streams and nine specific topics (as shown in July’s column).
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