When you’re handling loads of that value, how valuable is your packaging? It’s probably pretty valuable, in your mind, but how much does it actually cost to protect your products? Like any good business owner or manufacturer, you undoubtedly know the value of your products when you’re shipping them. Sometimes your truckload can hold a value in the tens of thousands of dollars. Maybe it’s closer to a million (depending on what you’re shipping). But do you know how much…
Shopping has fundamentally changed Scary statistic: there are only 12 more weekends left before Christmas! Halloween candy and costumes reside in the clearance sections of stores and you’re starting to see discounts online because retailers are already pushing for the next holiday; Thanksgiving centerpieces are out and even Christmas ornaments and wreaths are starting to pop up. With the holidays coming up quicker than we’re ready to accept, the shopping scramble is sure to begin sooner rather than later. Traffic will start…
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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.