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 Protective Packaging Market

Published Date : Nov 2022

Protective packaging is any material designed to physically shield and buffer an object against possible damage or destruction during transportation or storage. Typically, protective packaging is utilized as the primary element of the object's packaging, protecting th... View more

Coherent Market Insights Asean Flexible Packaging Market

Published Date : Oct 2022

Flexible packaging is any package or any part of a package whose shape can be readily changed. They are produced from materials such as polyethylene, nylon, polystyrene, and polypropylene. There are different types of flexible packaging including pouches, bags, carded... View more

Coherent Market Insights Airless Packaging Market

Published Date : Sep 2022

Airless Packaging are non-pressurized dispensing systems that avoid wastage by evacuating almost 95% of the product and these dispensing systems are reliable, portable and user friendly. Dispensing is a process that combines mechanically-activated pump containers. Air... View more

Coherent Market Insights End Of Line Packaging Market

Published Date : Sep 2022

End-of-line packaging systems are automated by control systems for manufacturing products at a faster rate in order to meet the rising demands of products in the marketplace. End-of-line packaging reduces the requirement for skilled labor and allows workers to focus o... View more

Coherent Market Insights Corrugated Packaging Market

Published Date : Sep 2022

Corrugated packaging is a paperboard-based packaging. The corrugated board is made up of a combination of two sheets of liners, which are glued to an inner supporting medium called fluting. These layers of paper together give the overall product a better strength than... View more

Coherent Market Insights Sustainable Packaging Market

Published Date : Sep 2022

Sustainability is becoming increasingly important, and companies need to know the impact of their products. Sustainable packaging has several benefits for the environment. Its goal is to meet the needs of the present without compromising the ability of future generati... View more

Coherent Market Insights Adherence Packaging Market

Published Date : Sep 2022

Adherence packaging helps patients take their medications on time. It helps them stay on track and improve health outcomes. In addition to providing easy-to-read instructions for taking medications, medication adherence packaging also promotes the use of bio-PET (good... View more

Coherent Market Insights Release Liners Market

Published Date : Aug 2022

Release liners are a type of film sheet which avoids the sticky surface from premature adhering. It acts as carrier for the sticky substrate until it is ready to be applied. They can be prepared from coating substrates by polyethylene, polyvinyl chloride and others. R... View more

Coherent Market Insights Packaging Foams Market

Published Date : Aug 2022

Packaging foams are crucial for many industries, from pharmaceuticals to food and beverage packaging. Polyethylene foam is commonly used packaging material. It can protect lighter and more fragile products. It is also excellent for cushioning and positioning. These fo... View more

Coherent Market Insights Single Use Packaging Market

Published Date : Aug 2022

What is single use plastic? In the environmental world, the term single use refers to products made of plastic and intended to be used only once. For example, a water bottle that is used twice remains a single use plastic, which will degrade and be disposed of after i... View more

Coherent Market Insights Print Label Market

Published Date : Jul 2022

Print labels are commonly used for promotional and identification purposes and are usually made of paper or plastic. The main difference between labels and sticker sheets is their thickness. Label sheets made of paper are generally thinner than stickers. As they are d... View more

Coherent Market Insights Food Container Market

Published Date : Jul 2022

A food container is a container that is used to store, preserve, and transport food in order to extend food’s shelf life and make food easier to handle. Increased awareness of sustainability issues and environmental challenges such as pollution, related to food ... View more

Coherent Market Insights Cold Chain Packaging Market

Published Date : Jul 2022

The cold chain is a critical part of the delivery process for pharmaceutical and biotech products. These companies are able to ship products both domestically and internationally, which means they need thermal packaging that will withstand any shipping scenario. In ad... View more

Coherent Market Insights Esd Bags Market

Published Date : Jul 2022

ESD (electrostatic discharge) bags packaging protects various ESD-sensitive products, such as electronics and electrical gadgets and equipment, against static charges in a partial or total manner. The packaging, which is commonly constructed of polymers or metals, is ... View more

Coherent Market Insights Plastic Packaging Market

Published Date : May 2022

Plastic packaging is a world's packaging choice for many foods and beverages because it is hygienic, strong, lightweight, shatterproof, and retains freshness. It is most commonly used to package carbonated soft drinks (CSDs) and water. Polyethylene terephthalate (PET)... View more

Coherent Market Insights Reusable Plastic Containers Market

Published Date : Apr 2022

Reusable plastic containers is used in various end-use industries such as food and beverages, automotive units, pharma units, and medical sectors along with consumer goods. Durable materials such as wood, plastic, and metal are used to create returnable or reusable pa... View more

Coherent Market Insights Egg Packaging Market

Published Date : Mar 2022

Egg packaging is an important part of delivering high-quality eggs to customers. It protects the eggs from bacteria, tainting, natural predators, and loss of moisture. When compared to any other step in the processing and distribution process, transportation breaks a ... View more

Coherent Market Insights Temperature Controlled Packaging Market

Published Date : Feb 2022

Temperature controlled packaging solutions are predominantly used in the healthcare, food & beverages, and chemical industries for transportation and storage of temperature sensitive products at controlled temperature environment. Temperature-controlled packaging ... View more

Coherent Market Insights North America Sachet Packaging In Pharmaceuticals Market

Published Date : Aug 2021

Sachet packaging is a form of flexible packaging. It is created using multiple layers of plastic, aluminum, and other materials. Moreover, sachet packaging helps to secure the product from physical or environmental hazards. In addition, this type of packaging helps in... View more

Coherent Market Insights Latin America Bfs Technology Market

Published Date : Mar 2020

BFS technology (Blow fill technology), is a type of aseptic technique that is used for liquid packaging in containers. The main purpose of BFS technology is to seal, form, and fill containers without the inference of humans. This technology is widely used to produce a... View more

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