by wetoska | Feb 5, 2016 | News
The global market for flexible packaging is forecast to grow at an annual average rate of 3.4 percent over the next five years, and is expected to reach $248 billion by 2020. This dynamic packaging sector offers huge potential for technology suppliers, packaging converters and brand owners. Flexible packaging is the most economical method to package, preserve and distribute food, beverages, other consumables, pharmaceuticals and other products that need extended shelf life. It can be designed with barrier properties tailored to fit the products being packaged and their end uses, whereas other barrier packaging formats generally provide a one-size-fits-all approach. Flexible packaging can be made in a wide variety of innovative shapes, sizes and appearances, and can include components such as handles, and opening and reclosing features such as zips and spouts. Click here to read...
by wetoska | Sep 30, 2015 | News
Global demand for cups and lids is projected to increase 5.2% per year to $30.2 billion in 2019. Demand is determined primarily by the size of the quick service restaurant (QSR) market and the production of packaged processed foods. As a result, the US has historically held a significant share of the global total. However, going forward, the Asia/Pacific region will offer one of the fastest rates of growth due to continued gains in developing markets such as China and India. Click here to read...
by wetoska | Sep 30, 2015 | News
Transparency Market Research has published a new market report titled “Plastic Packaging Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020.” The global plastic packaging market was valued at $259.65 Bn in 2013 and is expected to reach US$ 370.25 Bn by 2020, growing at a CAGR of 5.2% over the forecast period between 2014 and 2020. In terms of volume, the plastic packaging market was worth 78,400.2 kilo tons in 2013. Click here to read the full...
by wetoska | Oct 10, 2014 | News
Economic growth in global meat market is expected to improve during 2014 into 2015, said Len Steiner, industry analyst with Steiner Consulting Group. Steiner presented an analysis of the meat segment’s fortunes during the 2014 NAMA Outlook Conference held in Charleston, SC Sept. 11-14. Tailwinds for the meat industry, among other factors, include domestic and global economic growth; currency changes; tight supplies of proteins; and feed input costs. Click here to read the entire article at...
by wetoska | Oct 10, 2014 | News
US demand for pet food packaging is expected to rise 4.8% annually to $2.5 billion in 2018. Growth will be based on the use of higher-value, more-sophisticated packaging and continued strength in pet food shipments fueled by an expected rebound in the pet population. The proliferation of premium pet food brands providing healthier, more nutritious alternatives (corresponding to the continuing humanization of pets by their owners) also will spur packaging demand growth. These and other trends are presented in Pet Food Packaging, a new study from The Freedonia Group, Inc. (freedoniagroup.com), a Cleveland-based market research firm. Click here here to read the entire article from Food & Beverage...
by wetoska | Oct 10, 2014 | News
More than 70% of U.S. households consume bagged/packaged salads. Considering the hectic pace of the average American’s daily routine, reliance on the convenience and variety offered by bagged salads and other types of ready-to-eat vegetables and fruit will be a key factor spurring the U.S. market for these products from $5.5 billion in 2013 to $7 billion by 2018, according to Branded Packaged Produce and Salads: U.S. Market Trends, a recent report by market research publisher Packaged Facts (packagedfacts.com).Click here to read the entire article at Food & Beverages...
