According to a recent Ken Research report, the global beverage and food packaging market has been growing at a compound rate in the last half-decade of about 2.5 percent from 2008 to 2013. In the next few years, that number will continue to rise. By 2018, the market itself will see an increased pace of growth, at around 3.1 percent, creating an overall market value of $380 million. In particular, the rigid plastic segment is expected to post the largest overall gains at a growth rate of about 4.2 percent during the period. Paper and cardboard products will represent about 19 percent of the food packaging market by 2018.
A lot of time goes into the research and development of a product, however, the right packaging solution can say a lot about the kind goods that a company distributes.
What is a Contract Packager? A contract packager is a company or organization that provides packaging services, facilities and/or equipment resources, knowledge and insight. The packaging services can range from the simple to the complex depending on the nature of your project. Are you experiencing damage? Are you looking to roll out a new product? Do you need someone to streamline your processes? Are you looking to reduce your bottom line and increase productivity? A contract packager acts as an…
A non-profit organization that raises money for hungry, orphaned children was seeking to redesign their packaging in an effort to increase awareness about the organization and boost funds. The non-profit company ships piggy banks in the shape of rice bowls to churches and schools around the nation, raising funds for charity.