PT Blog

London-based consultancy Frost & Sullivan new study, Analysis of the Global Flexible Plastic Packaging Market, Forecast to 2023, says growth opportunities look promising for the flexible plastic packaging market within a four-year period. According to this study, shifting consumer preferences and an evolving retail landscape have boosted the demand for flexible packaging with features such as improved shelf life, convenience, and ease of use.

Moreover, a growing need for innovative flexible plastic packaging options that meet recyclability, regulatory, and sustainability standards are further factors augmenting lucrative market expansion possibilities. This study forecasts the global flexible plastics packaging market to generate revenues of $172.29 million from 2018 to 2023 with a steady CAGR of 3.2% during this period.

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Volume Resin Prices Down-to-Flat Going into First Quarter of 2020

The price trajectory for nearly all volume resins is down-to-flat as we move from December to first quarter of the new decade. Prices of PE, PP, PS and PVC are likely to bottom out this month, while prices of PET and nylon 6 could drop further, and flat or modestly down prices are projected for ABS, PC, and nylon 66.

Driving factors include lower feedstock costs, supply outpacing demand as well as an overall global slowdown in demand along with lower global prices.

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Full Agenda for Molding 2020 Is Now Live

In a little over 100 days, the injection molding community will gather for Molding 2020 in Chicago, marking the 30th anniversary of this preeminent plastics molding event. In the coming weeks, watch this space for detailed break downs of the various sessions, topics and speakers.

The agenda as assembled will give an injection molding oriented overview, including insights into the newest technologies, as well as establishing best practices for existing technologies. Our speakers hail from every link of the molding supply chain, ranging from molders and moldmakers to suppliers of machinery, auxiliary equipment, software and robotics and more to respected consultants.

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November 2019’s Top Articles

Visitors to Plastics Technology in November clicked on a wide variety of articles including blogs, features and columns touching on tips, new technologies, material fundamentals and more. Check out what items published last month garnered the greatest reader interest.

 

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A couple of weeks ago, I had the pleasure of speaking at HP’s Americas Innovation for Sustainable Impact Media Summit in Nashville about our plans for driving a more sustainable industrial revolution, powered by digital manufacturing technologies like 3D printing. Of course, the scope and potential of the 4th Industrial Revolution is too massive for one group or one technology to ignite it alone. However, I believe that 3D printing can—and will—help underpin the sustainable solutions that the future of our planet depends on, by revolutionizing how products are designed and manufactured across a number of industries, from healthcare, to mobility, to infrastructure.

Rethinking design and promoting a more circular economy. One of the biggest challenges facing every industry today is that of environmental, and by association business, sustainability. IDC predicts that by 2021, 40% of the top 2,000 manufacturers will utilize 3D printing combined with intelligent machine tools to optimize material usage, reducing waste by at least 25%—while also slashing inventory costs and C02 emissions. And, because nearly one-third of carbon emissions are related to manufacturing, the impact on the planet could be profound.

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