Four key trends shaping global industrial packaging market
Smithers Pira has identified 4 key trends driving the market for industrial packaging. The first is recycling where the single biggest driver has been the introduction of legislation that calls for the 3Rs - reduce, re-use and recycle. The second is downgauging; engineers have succeeded in improving packaging performance while using fewer materials in all formats.
The third trend is the shape of the pack itself and how this can optimise cargo space without compromising protection. The final trend is safety; in an increasingly global market, the responsibility for assuring safety is growing and relies on international bodies, such as the United Nation (News Item Smithers Pira, 9 December 2015).
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