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Five development trends for the future development of the plastic packaging industry

Jun 03,2020

Source: Link Testing Instruments Co.,ltd

The future market analysis report points out that the global plastic packaging market will reach a compound annual growth rate of 6.4% by 2027.
From a sales perspective, the packaging bottle market is expected to account for US$3.555 billion in revenue in 2017.
By the end of 2027, sales of tablets and capsule bottles will reach 74,418 units.
The food and beverage and pharmaceutical industries will become the main end users of packaging bottles.
In addition, chemicals, followed by the food and beverage industry, are expected to reach the highest compound annual growth rate by 2027.

Environmentally friendly packaging
Today's one-time culture will gradually develop into a consensus, and product packaging will play a key role in reducing global food and product waste.
For a long time, consumers think that packaging is often unnecessary, and ultimately wasted by consumers. But this misunderstanding is now changing. Packaging innovation is committed to extending the freshness of food, protecting food ingredients, and ensuring safe delivery. Brands now need to take action to use packaging as a communication channel to guide consumers to understand the benefits of packaging, from extending the shelf life of food to providing efficient and safe basic products to various regions of the world.

Electronic packaging
As more and more consumers accept online shopping, packaging will play a key role in the e-commerce experience between brands and consumers.
Online shopping is becoming more and more popular all over the world, and it is also everywhere in various markets around the world. Although the main advantage of online shopping is convenience, consumers' expectations are more from their favorite brands. When the designed package needs to be browsed online, or the shipping package needs to be opened at home, the e-commerce packaging experience must reflect the consumer's expectations when shopping at the store.
Clean Label 2.0
For packaging design that guides consumers' purchasing decisions, brands will refuse to provide too much or too little information, because it may make shoppers more confused about information involvement.

Plastic packaging floating in the oceans of the world will become a catalyst, prompting brands to reconsider product packaging under the background conditions that consumers can understand and implement.
Consumers' demands for different types of safe packaging have increased, thereby affecting shopping decisions. Only through hard communication can brands overcome the growing barriers to consumption. Collecting plastic waste from the ocean and recycling it into new packaging can improve consumers' environmental awareness, but it cannot fundamentally solve the problem. In order to keep plastics away from the ocean, new efforts are needed for the circular economy to ensure that more environmentally friendly packaging materials are put into use.

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