none
none

PMMI GLOBAL PACKAGING TRENDS REPORT 2015 AVAILABLE NOW

30-11-2015
by 
in 

The PMMI, the Association for Packaging and Processing Technologies, has released its Global Packaging Trends Report for 2015.

Sponsored by the Australian Packaging & Processing Machinery Association (APPMA), the report is a market research study highlighting future packaging demand, product categories and opportunities for growth in packaging among fast-growing and maturing world economies.

The Global Packaging Trends Report shows three influencers making a mark in every region: growing consumer awareness of health and wellness, stronger influence of recycling and environmental issues, and increasing disposable income and purchasing power.

Other important regional trends include urbanisation, convenience, smaller pack sizes, branding strategies, internet retailing, and premiumisation.

Globally, flexible plastic remains the dominant pack type with PET Bottles in second place. Pack types such as brick liquid cartons and PET bottles will register the highest growth rates.

"These trends are affecting packaging because they're driving consumers' purchasing choices," says Mark Dingley, Chairman, APPMA.

"Recyclability and reusability of packaging are dominant trends and the report is predicting that this will continue as PET and glass bottle usage increases."

Packaging markets in the Middle East and Africa are anticipating 5.3 percent CAGR growth in volume, but forecasts for Western Europe and North America land at the other end of the spectrum, with 0.4 percent and 0.5 percent, respectively.

The expansion in the Middle East and Africa is the result of increasing exposure to modern lifestyles, and is manifesting in growth opportunities available for packaging of carbonates, biscuits, and yogurt and sour milk products.

In Asia Pacific, forecast for 4.3 percent CAGR increases in volume, the increasing demand for PET bottles, particularly in the bottled water category, supports health and wellness concerns.

North America, on the other hand, is a mature market, but consumers are developing growing interest in several categories. These include healthy categories such as bottled water, and areas of innovation, such as confectionery.

Globally, the report notes flexible plastic remains the dominant pack type, accounting for 29 percent of the market, while PET bottles (12 percent of the market) will be among the fastest growing, with 4.7 percent CAGR. Bottled water is expected to add 135 billion units through 2019, accounting for 54 percent of the absolute volume growth in PET bottle use. While beverage packaging drives growth in PET and glass, categories such as confectionery and biscuits prop up flexible packaging use.

The Global Packaging Trends Report was developed in collaboration with the PMMI, the Association for Packaging and Processing Technologies, and three other associations from across the world.

This included AMEC-ENVASGRAF, ASOCIACIÓN MULTISECTORIAL DE EMPRESAS, SYMOP, French Association for Manufacturing Technologies and UCIMA, Italian Packaging Machinery Manufacturers Association.

For a copy of the Executive Summary contact APPMA: appma@appma.com.au

www.appma.com.au

Related news & editorials

  1. Aurora Project
    24.01.2018
    24.01.2018
    by      In
    Aurora Solar Energy Project developer SolarReserve has made good on its promise to establish a presence in Australia with the opening of offices in both Adelaide and Port Augusta.
    “South Australia is leading the world in renewable energy technologies, and SolarReserve’s solar thermal power plant is... Read More
  2. 23.01.2018
    23.01.2018
    by      In
    Australia has had a strong 12 months of space industry expansion, with multiple high-profile space startups emerging, and hosting the the 68th International Astronautical Congress in September 2017, where the Australian Federal Government announced it would this year establish a National Space... Read More
  3. 23.01.2018
    23.01.2018
    by      In
    Leading Australian seed producer South Pacific Seeds is constructing a specialised processing plant to help develop its Asian and European export markets.
    The new AU$2.9 million plant in Naracoote, South Australia, will be part of a total investment of $5.4, which includes a $300,000 South... Read More
  4. 23.01.2018
    23.01.2018
    by      In
    Electricity retailer SIMEC ZEN Energy has won a contract to supply the South Australian Government with renewable-sourced electricity until at least 2025.
    Under the contract, SIMEC ZEN Energy will supply more than 80 per cent of the Government’s electricity needs in 2018 through a variety of... Read More