Packaging

Packaging is a system for corralling and protecting a product from damage. It plays a vital role in the safe storage and hygienic handling of a product. Moreover, it also provides protection from environmental factors such as dust, moisture, and wind. Apart from safeguarding the product, packaging also helps in marketing the product to customers. Elegant packaging design with various color schemes and designs has an impact on consumer demand as it can sway the preference of customers. Aesthetically appealing packaging is meant to reflect the quality of the product and hence serves both brand promotion and advertising purposes. Packaging is of two types, rigid and flexible. Flexible packaging is any package whose shape can be readily changed. Examples of flexible packaging include bags and pouches. Rigid packaging includes boxes, trays, cans, bottles, and pots and is the dominant market segment.

The packaging materials that are used commonly include plastic, metal, brick cartons, paper, cardboard, and glass. These materials are used in the various end-use industries depending on packaging requirements. For instance, aluminum and tin are used to store food & beverages in cans owing to corrosion resistant properties of these metals which ensure that the product is not contaminated. Similarly, alcohol is typically stored and sold in glass bottles as they look visually appealing and have a longer shelf life than plastic bottles.

The end users of packaging materials include food beverages, electronics, pharmaceuticals, personal care, textile, consumer goods, and chemical processing. The largest end user of packaging materials is the food and beverages industry owing to increasing demand for packaged food in emerging economies. Pharmaceutical companies rely on packaging in order to protect and promote their products, meet regulations, and increase patient compliance. Especially, the use of plastic is preferred due to high dimensional stability, moisture barrier, strain resistance, low water absorption, and resistance to heat.

Plastic is the most used packaging material. It is also lightweight, strong and cheap to procure in the current market. Plastic packaging materials are manufactured from petroleum and its derivatives, and are used in various end user industries. Polyethylene terephthalate (PET) is used as primary feedstock in the manufacture of plastic bottles which finds large application in food & beverages, pharmaceuticals and cosmetics industries due to its high durability, light weight, low cost and recyclability. However, stringent government regulations imposed on the petroleum and chemicals industry due to emissions of CO2 and greenhouse gases, and fluctuation of crude oil prices are the factors that expected to hinder the growth of the global plastic packaging market. However, plastics are non-biodegradable and end up in landfills. Therefore, a shift towards sustainable packaging materials such as paper, paperboard, cardboard, metal and glass has been observed in the recent past. Utilization of sustainable packaging in increasing due to growing environmental awareness among the populace.

Opportunities

The growing disposable income, increasing consumer preference for packaged goods, and the expanding retail industry, especially in Asia Pacific and Latin America, are factors that are favouring growth of this industry. For instance, according to the India Brand Equity Foundation (is a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India), the retail market in India is expected to nearly double to US$ 1 trillion by 2020 from US$ 600 billion in 2015.

Also, increasing awareness regarding food contamination has intensified the packaging market growth. Asia Pacific is the largest and fastest growing market. The advent of online shopping and consumption of cosmetics has resulted in a booming market in countries such as India, China, and Indonesia. Moreover, the “Make in India” campaign by the Indian government is expected to have a positive impact on the growth of the packaging industry in India. North America is a leading market for paper packaging. The industry in North America recycles up to 70% of its used paper, according to the U.S. Forest and Paper Association. In Europe, the European Paper Recycling Council aims to achieve 74% recycling in the European Union. The paper packaging industry in North America and Europe is expected to serve as a model for emerging markets.

Challenges

The environmental concerns regarding plastic packaging are expected to hamper growth of the packaging industry to some extent. Moreover, the preferred substitute to plastic is paper which, although recyclable, involves logging of forest areas. This has resulted in stringent packaging regulations. Constantly fluctuating oil price is also affecting the market growth. Also, leaching of chemicals from packaging into the product is a major concern. Cases of toxic packaging have been observed in China which has affected consumer demand.

Regulatory Scenario

Stringent government regulations and time consuming approval process before launching commercially, has led manufacturers to obtain approvals prior to distribution. For instance;

  • China: The Food Safety Law 2009 contains provisions requiring clean and non-toxic packaging materials and penalties for marketing food that is contaminated by packaging materials.
  • India: Ministry of Environment and Forests banned use of plastic packaging for tobacco products. Also, the minimum thickness of plastic carry bags increased from 20 microns to 40 microns.
  • EU: The EU Packaging Directive (94/62/EC as amended) seeks to promote the recovery and recycling of packaging waste.

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Packaging Published Insights

Coherent Market Insights India Pallets Market

Published Date : Jul 2023

Pallet is a structural foundation that allows storehouse and transportation of goods. Pallet offer several conditioning similar as assembling and storing of goods in the manufacturing units and storages. The pallets are lifted by jacking bias similar as forklift, fron... View more

Coherent Market Insights Vaccine Storage And Packaging Market

Published Date : Jul 2023

Vaccine storage and packaging refer to various laboratory devices and equipment used to preserve, store and transport vaccines. Some of the commonly used vaccine storage equipment include refrigerators and freezers that store vaccine vials, ampoules, and corrugated bo... View more

Coherent Market Insights Next Generation Packaging Market

Published Date : Jul 2023

Next-generation packaging are the effective technologies which maintains the quality of food products or any other easily perishable products by modifying the atmosphere which surrounds the product within the packaging. Due to this, the shelf-stability of the product ... View more

Coherent Market Insights Aseptic Processing Market

Published Date : Jul 2023

Aseptic processing is a method of packaging foods and beverages into sterilized containers with a sterile seal, resulting in shelf-stable products that do not need refrigeration. It requires the use of clean rooms and equipment that are regulated to control the amount... View more

Coherent Market Insights Lamination Adhesives For Flexible Packaging Market

Published Date : Jul 2023

Lamination adhesive is an important ingredient for manufacturing flexible packaging products for various end-user industries such as healthcare and pharmaceuticals, food and beverages, manufacturing, and others. Flexible packaging is the type of packaging product whic... View more

Coherent Market Insights Personal Care Packaging Market

Published Date : Jul 2023

Personal care packaging is often used for various products such as cosmetics, soaps and Shampoo, oil, body cream, cosmetics. Various requirements are imposed on the packaging of personal care products Superior materials such as plastic, cardboard, metal and glass pack... View more

Coherent Market Insights Canada Nano Enabled Packaging For Food And Beverage Market

Published Date : Jul 2023

Nano-enabled packaging is a next-generation packaging solution that improves the shelf-life of food products. It also reduces the risk of contamination and is produced by using two components: nanofillers and nanocomposite. Nano-enabled packaging also enhances attribu... View more

Coherent Market Insights Asean Folding Cartons Market

Published Date : Jul 2023

Folding carton is any package or any part of a package whose shape can be readily changed. They are produced from materials such as paper and paperboard. They are made up of paperboard which is created into box shapes with different sizes. Folding cartons are eco-frie... View more

Coherent Market Insights Temperature Controlled Packaging Solutions For Pharmaceuticals Market

Published Date : Jun 2023

Temperature-controlled packaging solutions are extensively used by pharmaceuticals industry for transportation of drugs and other products, which are sensitive to temperature. Drugs with lower shelf-life requires specific temperature conditions during their storage an... View more

Coherent Market Insights Fresh Seafood Packaging Market

Published Date : Jun 2023

The Fresh seafood packaging market is expected to witness significant growth over the forecast period. Fresh seafood is an extremely perishable food and is required to be handled with care to ensure that it is prevented the growth of microorganisms. Growth of the mark... View more

Coherent Market Insights Bag In Box Container Market

Published Date : Jun 2023

Report Description Bag-in-box containers are the type of packaging containers, which consists of a bladder or plastic bag and are usually made up from ethylene vinyl acetate, low-density polyethylene (LDPE) and oth... View more

Coherent Market Insights Europe Biodegradable Foodservice Disposable Market

Published Date : Jun 2023

Biodegradable disposables are formed by natural raw materials such as wheat bran, cane fibre, bamboo, wheat & rice bran, bamboo, dried leaves, and others. Rising concerns over environmental damage due to excessive usage and disposal of plastic based disposables ha... View more

Coherent Market Insights Die Cut Lids Market

Published Date : May 2023

Die cut lids are the type of packaging that is mainly used to protect food products from the surrounding atmospheric conditions such as temperature and humidity. Die cut lids also provide convenience to the consumers during opening the packaging. Manufacturers are foc... View more

Coherent Market Insights Functional Films Market

Published Date : May 2023

Functional films are polymer sheets that are used to improve the properties of the fragile substrate. They are widely used across solar cells and the automotive industry to enhance the functional properties of automotive components. These films can be classified into ... View more

Coherent Market Insights Thermoformed Plastic Products For Food And Beverage Industry Market

Published Date : May 2023

Thermoforming process involves molding of a specific sized thermoplastic sheet with the help of external pressure applied by vacuum, air or mechanical means for production of plastic products. The thermoplastic sheet is softened to a particular extent by heating and c... View more

Coherent Market Insights Foodservice Disposables Market

Published Date : May 2023

The surge in usage of smartphones has boosted the trend of home food delivery and food takeaway market across the globe. Foodservice disposables are extensively used for various end user such as restaurants, retail, hospitality, lodging, and different institutions, fo... View more

Coherent Market Insights Plastic Films Market

Published Date : May 2023

Plastic film is a thin continuous form of polymer material and is a popular choice of packaging material. Plastic films are commonly used in various industries such as packaging and construction industries. Moreover, plastic films can be easily reused and recycled and... View more

Coherent Market Insights Plastic Bag And Sack Market

Published Date : May 2023

Plastic bag and sack is a flexible packaging made up from thin plastic film. The plastic bag is used for transportation of food, chemical, wastes and others. Plastic bag and sack uses less material than b... View more

Coherent Market Insights Bag On Valve Technology Market

Published Date : May 2023

The bag on valve technology (BOV) is used in various applications such as personal care & cosmetics, pharmaceutical, automotive & industrial, and home care. The BOV technology is considered to be rapidly growing in packaging different products. The BOV technol... View more

Coherent Market Insights Holographic Films Market

Published Date : May 2023

Holographic films are excellent to curb counterfeiting as they provide protection and avoid tempering. These films are available in in various standard sizes and can be customized as per specifications of consumers. Holographic films can be used in gift wrapping, pack... View more

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