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karls scott
1 day ago
Emerging Markets and Growth Opportunities in the Food Packaging Industry 2023-2030 |

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The economic value generated by the food packaging industry was estimated at approximately USD 346.5 billion in 2021. This economic output is an amalgamation of businesses that are involved in the manufacturing of food packaging products, distribution & supply, and application of the product in the end-use industry.

The value chain of the food packaging market depicts the whole value creation process. This value chain is characterized by significant value added by manufacturers with varying distribution margins across various regions. Asia Pacific and Europe accounted for the largest markets for food packaging in 2020 owing to an increase in food consumption, especially convenience food in the regions. In Asia, the demand for food packaging is on a constant rise, thereby prompting key players to set up their manufacturing units in proximity to the growing market.

The manufacturing process includes the processing of raw materials and producing various food packagings products such as paper cartons & boxes, plastic films & pouches, steel & aluminium cans, and glass jars & bottles for various applications such as bakery & confectionery, dairy products, meat, fish & poultry, sauces & dressings, frozen foods, and convenience food. Manufacturers obtain raw materials from third-party suppliers through competitively priced supply contracts. Some of the major manufacturers in the food packaging market are Amcor Ltd., Bemis, and Ball Corporation.

#FoodPackagingIndustry #PackagingTrends #SustainablePackaging #InnovationInPackaging #FoodSafety #PackagingDesign #ConveniencePackaging #ReducingFoodWaste #EcoFriendlyPackaging #FutureofFoodPackaging
karls scott
7 days ago
Blister Packaging Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

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The blister packaging category is expected to grow at a CAGR of 7.7% from 2023 to 2030. Factors such as smart wrapping, child-resistant, sustainable wrapping, and anti-counterfeiting measures are driving the growth. Companies are continuously focusing on using environmentally friendly plastics for the category. For example, in February 2023 Astellas Pharma Inc., CKD Corporation, and The Mitsubishi Chemical Group won the Minister of Environment Award of the fifth Japan Open Innovation Prize for using eco-friendly biomass-based plastic for blister packages.

#BlisterPackaging #ProcurementIntelligence #PackagingTrends #SupplyChainInsights #MarketAnalysis #SustainablePackaging #PharmaceuticalIndustry #CostOptimization #Digitalization #FutureOutlook
karls scott
8 days ago
Molded Pulp Packaging Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

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The global molded pulp packaging category is anticipated to grow at a CAGR of 7.7% from 2023 to 2030. Growth of the category can be attributed to greater cost saving advantage offered by the products within the category in comparison to Expanded Polystyrene (EPS) and plastic packaging, rising need for environmentally safe and sustainable packaging options, and growing demand from end-use sectors such as electronics, food & beverage, healthcare, etc. Molded pulp is compostable, naturally biodegradable and recyclable, which fuels its need in the packaging sector.

It is anticipated that innovations in manufacturing due to continuous research & development, and use of molded pulp as protective packaging for transportation & storage while also allaying sustainability concerns, are the factors increasing the demand for the products offered in the category. However, stringent government regulations across the globe to ensure thorough management of packaging waste may hinder category’s growth during projected timeframe.

#MoldedPulpPackaging #ProcurementIntelligence #PackagingTrends #SustainablePackaging #ProcurementInsights #SupplyChainManagement #PackagingProcurement #PackagingIndustry #ProcurementReport #Packaging2023to2030
karls scott
1 month ago
Blister Packaging Industry Data Book - Healthcare, Consumer Goods, Industrial Goods and Food & Confectionary Blister Packaging Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

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The economic value generated by the blister packaging industry was estimated at approximately USD 27.09 billion in 2022. This economic output is an amalgamation of businesses that are involved in the raw material suppliers, manufacturers of blister packaging materials, distribution & supply, and application of blister packaging.

Material types in the blister packaging market include aluminum, paper & paperboard, and plastic films, among which aluminum dominates the material segment. This is due to aluminum foil being widely utilized in the pharmaceutical industry to pack pharmaceutical drugs. The properties of aluminum foil such as resistance to corrosion, ability to withstand changes in temperature and humidity, and anti-permeability against oxygen, fats, and ultraviolet light support its adoption in the blister packaging industry.

#BlisterPackagingIndustry #PackagingInnovation #FutureOfBlisterPackaging #ProtectivePackaging #PackagingSolutions #BlisterPackagingTrends #PackagingAdvancements #PackagingIndustryInsights #SustainablePackaging #EfficientPackaging

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