PT Blog

Guckes will offer attendees a breakdown of the market along its entire supply chain, from production to end-use consumption, by digging into data from medical device manufacturers, financial markets and macroeconomic data.

In the April issue of Plastics Technology, Guckes provided an overview of the medical market, reviewing 67 publicly traded firms in the medical-devices and medical-instruments and supply industries. From those, Gardner Intelligence evaluated fourth-quarter data from 2018, as well as on a 12/12 rate-of-change basis (comparing the last 12 months with the preceding 12 months).

Leaders across the sustainability supply chain gathered in Grand Rapids, Mich. (May 20-22), for the 2019 Re|focus Sustainability & Recycling Summit, presented by the Plastics Industry Association (PLASTICS).

This year’s summit keynote speaker was Edmond Irizarry, executive director of packaging development for Aveda, a cosmetics brand. Kim Holmes, vice president of sustainability at PLASTICS, said that Aveda is a “great example of using PCR and not compromising your brand or customer expectations.”

Important global trends within last four years in single-use plastic packaging and in particular straws, has resulted in the pursuit of various alternatives. A new report, Straw Market: Soaring Preference for Biodegradable Packaging Remains Influential—Global Industry Analysis 2014-2018 and Opportunity Assessment 2019-2029, tackles key trends and alternatives. Prepared by London-based Future Market Insights, the report finds that sustainable and biodegradable straws are at the top of preferred alternatives being sought. Here are some of the study’s key research findings:

  ▪  The global straw market size in 2018 – nearly $14 billion.

Continued steady demand for pre-made pouch packaging formats are projected in Pre-Made Pouch Packaging Market—Global Industry Analyses 2014-2018 and Opportunity Assessments 2019-2029, a new report from London-based Future Market Insights, a provider of market intelligence and consulting services, serving clients in over 150 countries, with delivery centers in the U.S. and India.

Pouch packaging is an effective solution that helps in preserving packaged food by extending its shelf life. As the snacking trend is witnessing a rise, usage of single-serve, as well as re-sealable flexible packaging solutions is growing. Furthermore, the use of pre-made pouch packaging helps in reducing food wastage occurring throughout the supply chain. Thus, growth is expected to be driven by convenience and sustainability benefits pre-made pouch packaging promises to offer.

Global pharmaceutical packaging demand surpassed the revenues worth $75 billion in 2018. Pharmaceutical Packaging Market: Quest for Sustainability to Govern Packaging Material Choice, analyzes the global industry in the 2014-2018 timeframe and provides opportunity assessment for 2019 to 2029.  The report in the latest from London-based Future Market Insights, a provider of market intelligence and consulting services, serving clients in over 150 countries, with delivery centers in the U.S. and India.

Bottles, with the current share of over a third of the market value, are expected to remain highly sought after as a type of packaging for pharmaceutical products. The report also highlights that packer bottles continue to represent higher popularity over liquid bottles. Furthermore, blisters and vials & ampoules will remain the next most preferred types of pharmaceutical packaging, particularly driven by HDPE and LDPE.