New Product Development
Steel drums find extensive application in the transport and storage of various types of materials including coatings, chemicals, oil, and paint among others. The key influencer that is propelling the market for steel drums is the scope of recycling and reconditioning of steel for reuse. As a result, sustainability and cost efficiency are key aspects …
Continue reading “Sustainability through Recycling and Reuse Drives Demand for Steel Drums”
Security labels find extensive applications in the development and implementation of packaging solutions to make sure that product deliveries maintain authenticity and prevents pilferage. Security labels help in safeguarding the packed product from threats of counterfeit and losses during transportation resulting from pilferage. They can be used on a wide variety of Items such as …
Continue reading “Technological Innovations Underline the Future Developments of Security Labels”
Growing popularity of fine dining has been playing a significant role in the growth and development of disposable cutlery market. According to a recently published report by Future Market Insights (FMI) disposable cutlery market is expected to grow at a moderate phase of approximately 4.0% in 2019 on a Y-O-Y basis. In addition, FMI also …
Continue reading “Environment-Sound Practices May Boost Disposable Cutlery Demand in 2019”
Pharmaceuticals and chemicals will continue to remain both fastest growing and largest in the bulk chemical packaging market. With rapidly increasing availability of bigger reusable container such as RIBCs (Rigid Bulk Packaging) and FIBCs (Flexible intermediate bulk container), demand for bulk chemical packaging continues. Future Market Insights (FMI) projects that non-traditional chemical producers are increasing …
Continue reading “Businesses to Gain from RFID-enabled Bulk Chemical Packaging, Projects Study”
Rapidly surging production of perfume boxes, gift boxes, retail packages and cigarettes significantly drives the growth and development of box and carton overwrapping machines market. Although box and carton overwrapping machines market is likely to expand at a healthy pace, growing adoption of the flexible packaging solutions might pose as a threat in 2019. Companies …
Continue reading “Box and Carton Overwrapping Machines: Food Industry Exhibits Maximum Demand”
Lorax Compliance, a firm offering SaaS services for environmental compliance and consultancy for companies who need to consider regional and global compliances, issues an official warning for firms to brace themselves for amendments in the packaging compliance schemes in Europe. In case they fail to do so, the repercussion might include a fine imposition of …
Future Market Insights (FMI) delivers key insights on the global industrial paper sacks market in its published report, titled “Global Industrial Paper Sacks Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028.” Globally, the revenue generated from the sales of industrial paper sacks is estimated to be around US$ 5.3 Bn in 2018 and is projected to …
Improving Packaging Industry Carbon Footprint with LiquiForm Technology Amcor Limited, Australian packaging company has lately utilized its LiquiForm technology for developing a new and innovative PET (polyethylene terephthalate) bottle, especially for the hand wash brand of Nature’s Promise. By collaborating with the co-packer of consumer products in the US, Greenblendz, 12oz PET bottles is developed …
Continue reading “LiquiForm Technology to Open-Up Innovative Ways for Next Generation Packaging”
Box and carton overwrap films are used for wrapping several packaging boxes and cartons including cosmetics, food product boxes, tobacco, and pharmaceuticals. These box and carton overwrap films provide protection from external factors, keeping the products safe. Manufacturers are focusing on leading industry trends and transformations to deliver the right products to the box and …
Ball Corporation, a Colorado-based packaging firm, announced that it has entered an agreement with ORG Technology Co. Ltd., a Chinese metal can manufacturing company, to sell metal beverage packaging facilities in China for approximately US$ 225 million. The total transaction of US$ 225 million includes cash payments and potential additional payments, ranging between $50 million …
