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Europe to lead green packaging market; bioplastics to flourish

Per Allied Market Research, the recycle content packaging segment is expected to grow with a CAGR of 4.92 percent to reach $207,543 million globally by 2022.

Bioplastic is a new ecological alternative to oil-based polymers with promising growth in pharmaceutical sectors. Bioplastics have flourished in healthcare and pharmaceutical markets and are accepted as an alternative for polymer oil-based products. Reverse logistics and an increase in the number of legislations for ecological packaging techniques have facilitated the recycle of municipal wastes.

The European region is expected to continue to lead the green packaging market, followed by North America. The German green packaging market is estimated at a CAGR of 5.10 percent, while the Middle East region is estimated to grow at a CAGR of 3.15 percent. The North American and Asia-Pacific regions jointly accounted for more than half of the total 2015 share.

Rise in hygiene and health concerns among consumers boosts the demand for green packaging with applications in sustainable packaging.

 

To read the full article, click here: http://www.greentechlead.com/waste-management/europe-lead-green-packaging-market-bioplastics-flourish-31738

Source: Greentechlead

 

The outlook for the green packaging market to 2020

Global Green Packaging Market 2016-2020, from Infiniti Research conducted a new study predicting the global green packaging market will experience growth at a CAGR of more than 7% during the forecasted period. With the consumer demand for eco-friendly and sustainable packaging material on the rise, vendors are focused on developing materials that have the traditional qualities but can also be recycled.

Europe leads the market with more than 31% in 2015; the rest of the world is well diversified as well. The leading countries in this region are Germany, United Kingdom and Italy.

According to the report, one of the major drivers of the market is the demand for bioplastics. Bioplastics are considered more sustainable than conventional plastic packaging products because they consume less energy and natural resources during the manufacturing process, generate lower CO2 emissions, and are lightweight by nature.

Click here to read the full article: http://www.packworld.com/sustainability/bioplastics/outlook-green-packaging-market-2020

Source: Packaging World

Packaging trends for 2016: Sustainability still rules

Sustainability is a trendy buzzword that has made its way from every day business verbiage to something which all companies, in any business, must focus on to survive in business today. Sustainability has evolved from LED light bulbs in the office and recycling bins under every desk to its incorporation company policy and values. The effects of a company on the environment are wide reaching; finding their way from the boardroom downwards and are strictly enforced in environmental policies. Balancing the demands of the consumer and the limited resources of the Earth is the key challenge companies are facing today. We live in a world of fast pace and convenience are both expected and the throw away nature of our products creates a problem, but a balance that must be struck and many companies are focusing their efforts on doing just that.

 

One of the biggest brands, Apple, is focusing on the sustainability of their product. They started with the weight of their package, between two iPhone generations they have decreased the weight of their carton by 34% less volume and the iPhone itself being 20% lighter than the first generation. Along with designing a lighter product and package, the company’s electricity is 93% sourced from renewable energy, with 23 countries boasting 100% renewable energy. Apple has also teamed up with WWF and The Conservation Fund to ensure sustainable forests in the United States are protected, and the forests in China that had previously been plundered are sustained and managed.

 

Despite these efforts, the United States is still behind when it comes to recycling. The US ranks far behind other developed countries with an average packaging recycling rate of about 51% (Natural Defense Council, 2015). However, many US companies are joining sustainable initiatives to ensure their product is a recyclable and/or sustainable product.

 

Source: Packaging News

Flexible Packaging and Source Reduction

Is flexible packaging as sustainable as it claims to be? Yes flexible packaging is manufactured using less plastic than rigid packaging resulting in less plastic to transport and dispose of, but flexible packaging’s sustainability may not be as straightforward as perceived.

 

Flexible packaging advocates boast its sustainable advantages, which are mainly true, however if these claims are exaggerated they could result in serious backlash. Unfortunately the method for quantifying sustainability is subjective. Flexible packaging’s source reduction can be a competitive advantage. Although the more easily quantifiable benefits, such as storage and transport, might reside more with supply chains than with the consumer.

 

To win the consumer, companies should make true product sustainability claims. Companies should avoid overselling product sustainability claims and expect consumers to think of sustainability as a tie breaker when all other factors are equivalent.

 

Growth for flexible packaging could be attributed to the utilization of technologies to provide competitive advantages. Examples of this are innovations that allow for multilayer structures for better barrier protection, the ability to create an interlocking strip system to store product for long periods of time without exposure, and producing see-through packaging for product visibility.

 

To read the entire article please visit:

http://www.greenerpackage.com/source_reduction/flexible_packaging_and_source_reduction

 

Source: Greener Package

Four Key Trends Driving Flexible Packaging

 

The global market for flexible packaging is forecast to grow at an average rate of 3.4 percent annually over the next five years and reach $248 billion by 2020, according to a new report from Smithers PiraThe Future of Global Flexible Packaging to 2020.

 

Four key trends are driving the flexible packaging market:

 

Downgauging
The combination of environmental pressures and high polymer prices are increasing demand for thinner films. Flexible packaging uses less resources and energy than other forms of packaging. It provides significant reductions in packaging costs, materials use and transport costs and has certain performance advantages over rigid packaging.

 

High-Performance Films
Food packaging films are trending toward high-performance film structures that are less permeable to increase shelf life and enhance flavors. The ongoing success of flexible packaging as a replacement for glass and metal packages can be attributed directly to the substantial improvements in barrier properties of plastic films and particularly clear plastic films.

 

Consumer Convenience
Ready meals that are available in new flexible packaging formats are in a prime position to take advantage of the current social trend toward convenient mealtime solutions.

 

Packaged fresh meat, fish and poultry consumption will grow at a faster rate than unpackaged produce to 2020. Growth in the pre-sliced sector and in premium lines has promoted growing demand for modified atmosphere (MAP) packaging. Demand for chilled food is also being driven by a greater variety of ready meals, fresh pasta, seafood and exotic meats.

 

Bio-Derived and Bio-Degradable Technologies
The proliferation of bio-based plastic films continues with polylactic acid (PLA), polyhydroxyalkanoates (PHA) and poly-trimethylene terephthalate (PTMT) showing the most promise on the materials side of the equation, and thermoplastic starch (TPS) films on the petroleum replacement side.

 

Read more: http://whattheythink.com/articles/75676-four-key-trends-driving-flexible-packaging/

 

 

Source: What They Think

 

The Future of Food Packaging

A new report from Mintel has identified six trends that will transform the global packaging industry in 2016.

 

The rise of digital printing – Companies will use the customization and quick turnaround capabilities of digital printing to leverage their brands with consumers.

 

Package transparency – Consumers prefer clear, easy to read details regarding ingredients and other product information.

 

Flexible is in – Stand up pouches may be peaking in favor of packaging featuring rigid and flexible components. Brands are looking for packaging with functional and sustainable benefits and a strong shelf presence.

 

Beyond sustainable – 63% of consumers prefer packaging that is reusable or recyclable. If the price and quality of a product are equivalent, sustainability may be the determining factor.

 

Size it up – Consumers want a wider range in pack sizes. Companies offering product in a trial size are more likely to gain new customers.

 

Going mobile – Brands are using new technology, such as nearfield communication and Bluetooth low energy to connect with consumers.

 

To read the entire article, click here

http://www.foodbusinessnews.net/articles/news_home/Consumer_Trends/2015/12/The_future_of_food_packaging.aspx?ID=%7BEDBF2A06-7EEF-44E3-B07C-3FF51C09E048%7D&cck=1

 

 

Source: Food Business News

TechNavio: Green Packaging Market to Jump Nearly 8% by 2019

The global green packaging market is expected to grow at a CAGR of 7.84 percent from 2014-2019, says research firm TechNavio.

Growth will come in large part from the growing demand from the food and beverage industry, the largest consumer of green packaging materials.

As demand for eco-friendly packaging materials increases, leading manufacturers of food and beverage products — including Cadbury, Coca-Cola, ConAgra Foods, Nestle and Pepsico — now use sustainable packaging materials that preserve food and its nutritional value. This gives them a competitive advantage over other market players, says Faisal Ghaus, VP of TechNavio.

To read the entire article, click here: http://www.packworld.com/sustainability/source-reduction/food-beverage-driving-global-green-packaging-market

Source: Packaging World

Sustainability of Packaging Important for Customers

According to a consumer survey commissioned by the STI Group, the majority of consumers list recycling and disposal when talking about sustainability. Consumers tend to make conclusions about a product’s sustainability based on the product’s packaging; cardboard is considered to be greener than packaging made from other materials.

Per the survey consumers are willing to pay a higher fee for products with sustainable packaging. On average the consumer was willing to pay 12% more for environmentally friendly packaging.

To read the article, click here.

Source: Packaging Europe

Can manufacturing lead the way to a sustainable future?

Because of the growing understanding that major challenges, such as climate change, resource constraints and urbanization require major solutions, the Sustainability Accounting Standards Board has decided to channel the power of the capital markets to tackle these issues head on. The SASB issued standards for the following five industries: aerospace and defense; chemicals; containers and packaging; electrical/ electronic equipment; and industrial machinery and goods.

The global market for sustainable packaging is predicted to grow to $244 billion by 2018. This is an increase of 28% in only five years.

Companies are starting to look at the value of closing the loop in the product life cycle. In the United States the amount of plastic, steel, glass, aluminum and paper sent to landfills annually is estimated at $11.4 billion. This represents a substantial loss of potential feedstock for new containers and packaging. The American Forest and paper Association launched its “Better Practices, Better Planet 2020” initiative to accelerate recycling rates of paper packaging by more than 70% by 2020.

To read the entire article click the link below:
http://www.greenbiz.com/article/can-manufacturing-lead-way-sustainable-future

Source: GreeenBiz

3 Trends That Will Define Sustainable Packaging in 2015

According to a report by U.S.-based market intelligence company Transparency Market Research, the green packaging market is expected to surpass US $178 billion by 2018.

Trend 1: Plant-based Plastics – Moving Beyond Petroleum-Derived Plastics
Plant-based plastics, or bioplastics, are poised to play a greater role in packaging and will play an even greater role in shaping consumer attitudes towards brands. Companies such as Coca-Cola are plunging deep in the bioplastics domain. According Coca-Cola‘s website, as of June 2014, over 25 billion of its PlantBottle™ packages are in the market in about 40 countries. Coca-Cola claims this has translated into 525,000 barrels of oil being saved. Initiatives such as Coca-Cola‘s will be gaining attention in 2015; companies need to take awareness of this trend aimed at reducing dependence on plastics derived from fossil-based resources.

Trend 2: Lean is Mean – Put Your Packaging on a Diet
The big brands have already set goals to reduce packaging at the source;  2015 will be the year the mid-size and small brands will feel the pressure to also reduce packaging at the source. The approach brands will need to take is: decrease the size of packaging, make it lighter, and use fewer materials. Phasing out heavier materials like glass and switching over to other environmentally-friendly rigid packaging alternatives will be the focus.

Trend 3: Recycled Packaging – It’s About Making the Best of Waste
Every day, millions of tons of waste is generated in the process of manufacturing and transporting packaging materials. What this means for brands, is that consumers are likely already aware of these environmental issues through the media. They want to know where a brand’s packaging material has been sourced from, what materials have been used for packaging, or whether the packaging can be recycled.

Source:  Business 2 Community
To read the entire article click here: http://www.business2community.com/sustainability/3-trends-will-define-sustainable-packaging-2015-01098694