Top Packaging Trends Leading the Global Packaging Industry
Food & Beverages Processing|JANUARY - 2020
The global packaging industry has witnessed a significant transformation over the last few decades and several emerging packaging trends are expected to have huge impact on the global packaging industry growth in 2019.

Today’s packaging plays a far more complex role than just making containers for products during the process of logistics, sales, and end use. It is now also one of the most essential elements in terms of product design, branding, marketing and user experience. As the global demand for packaging continues to grow and diversify, the packaging industry is likely to be more heavily influenced by consumer preferences, industry dynamics, environmental concerns and developments in technology and manufacturing equipment.

According to a recent packaging industry report from Technavio, the global packaging industry market size will grow close to USD 278.59 billion during 2019-2023, accelerating at a CAGR of nearly 6% during the forecast period. The growth in the global packaging market is mainly driven by the increasing demand from end-user sectors such as food and beverage, retail, and healthcare industries.

When it comes to geographic regions, the Asia Pacific has been leading the global packaging industry as one of the major revenue contributors, and its dominance is expected to be maintained during the forecast period. The growth of the packaging market in this region is mainly due to the rise in demand from the e-commerce retail industries in countries such as China, India, Australia, Singapore, Japan, and South Korea.

According to a recent packaging industry report from Technavio, the global packaging industry market size will grow close to USD 278.59 billion during 2019- 2023, accelerating at a CAGR of nearly 6% during the forecast period

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM FOOD & BEVERAGES PROCESSINGView All

Nutritional And Medicinal Values Of Mushrooms

Ingredients & additives

4 mins read
Food & Beverages Processing
August 2021

Global Robot As A Service Market Is Estimated To Account For Us$ 12.6 Bn By End Of 2028, Says Coherent Market Insights (CMI)

The Robot as a Service market was valued at US$ 12.6 Billion in 2020 and is estimated to account for 41.3 Billion in terms of value by the end of 2028

2 mins read
Food & Beverages Processing
August 2021

Don't Cry Over Spoiled Milk, Incentivize Supply Chain For Longer Shelf Life

Research Provides Blueprint For Cost-effective, Sustainable Milk Production

4 mins read
Food & Beverages Processing
August 2021

Barcodes: the technology to combat global Food Fraud

The authenticity, quality and provenance of the food that we consume has never been more uncertain. Globalization of product supply chains coupled with the meteoric rise of e-retailing has led to reduced supply chain visibility and fostered a trading environment where food counterfeiting, misrepresentation and adulteration are commonplace. From fish to beef, honey to oils, coffee to spices, the range of foods faked across the world is broad and ever-widening.

4 mins read
Food & Beverages Processing
August 2021

Entering A New Era For Networked Weighing Technology Via Opc Ua Using Miopc

The main aims of Industry 4.0 and the Industrial Internet of Things (IIOT) are cost-efficient and flexible processes. OPC UA creates the necessary conditions for this and provides a common language base for all equipment and systems. Minebea Intec, the global manufacturer of industrial weighing and inspection technologies, was substantially involved with the definition of the OPC UA Companion Specification for Weighing Technology and is paving the way for the digitalisation of weighing technology with its software miOPC.

5 mins read
Food & Beverages Processing
August 2021

Mood Foods – My Mood My Foods

INGREDIENTS & ADDITIVES

5 mins read
Food & Beverages Processing
August 2021

KHS Group Publishes Its Fourth Voluntary Sustainability Report

CORPORATE HAPPENINGS

3 mins read
Food & Beverages Processing
August 2021

Why the Asia-Pacific is the next frontier for cold chain

WAREHOUSING & LOGISTICS

4 mins read
Food & Beverages Processing
August 2021

Robot Integration Into Food Manufacturing: Benefits And Challenges

Industrial and collaborative robots in the food industry are increasingly being deployed in primary processing and secondary processing applications. Robotic automation has pervaded an incredibly diverse range of industries all over the globe – the food processing industry is one of the final frontiers of robotic automation. Both industrial and collaborative robots can be used throughout the entire food supply chain. Historically though, food processing has been the most difficult to automate. But recent technological advances are overcoming these obstacles.

6 mins read
Food & Beverages Processing
August 2021

“In An Exclusive Conversation With Mr. Shachindra Nath, Executive Chairman & Managing Director, U Gro Capital

INTERVIEW

6 mins read
Food & Beverages Processing
August 2021