February 21, 2023
By:EmpoweringCPO Insights Team

Packaging-Sustainability Aspects/Innovations & Trends

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Packaging means wrapping material around a consumer item that serves to contain, identify, describe, protect, display, promote, and otherwise make the product marketable and keep it clean. This report on packaging gives insights into an overview of the packaging market in Europe & Germany, innovations & Trends in packaging, sustainability trends, brief about smart packaging, and an overview of Smart/Innovative/Sustainable Packaging Materials and its leading vendors. overview of ecolabels and certificates for packaging.

Abstract

  • The European consumer packaging market is expected to register a CAGR of 4% over the period 2021-2026
  • The German packaging industry is expected to record a CAGR of over 4.1% during the period 2021 – 2026
  • Reusable packaging has become particularly relevant following the rise in home delivery of groceries due to the COVID-19 pandemic
  • Reusable PET and returnable glass are expected to significantly increase their share in the packaging portfolio of beverage producers by 2030
  • Goals of smart packaging innovation include exchanging information on quality with consumers, safety improvement, enhancing traceability, & improving targeted recalls, among others
  • Market leaders from several industries are embracing innovative smart packaging applications to address three types of business issues: Inventory & life cycle management, Product Integrity & User Experience
  • Smart packaging, with revenues of US$46.74 billion in 2018, makes up only a small percentage of the global packaging industry estimated at US$472 billion
  • A returnable packaging system is best suited for closed logistic systems with fixed arrival & distribution points; the general rule is the longer the logistics leg, the less practical it becomes to return returnable containers
  • Tailor-made boxes save on average 20 percent packaging material, 60 percent void fillers, and, most importantly, uselessly transported air; transport volumes can be shrunk by about 40 percent, which in turn reduces the number of trucks on the road
  • The Global Nano-enabled Packaging Market is projected to grow at a CAGR of 13.2% from USD 36.71 billion in 2019 to USD 99.68 billion by 2027
  • With new innovations on the way, bioplastics will take up a greater share of the composition of both automobiles and high-quality, fast-moving consumer electronics
  • The process of manufacturing most bioplastics has become significantly cost-effective in the last 30 years; In 1989, it used to cost US $200 to make a pound of PLA; now it’s less than US $1
  • Ecolabel is a label of environmental excellence that is awarded to products and services meeting high environmental standards throughout their life cycle: from raw material extraction to production, distribution, and disposal
  • Ecolabels are important drivers of sustainable production and consumption, they cater to consumer desires for sustainable consumption and trust
  • ISO 18602 is based on EN 13428 and includes methodologies for determining the presence of four heavy metals and other dangerous substances in packaging
  • RecyClass certification is operated through accredited and independent Certification Bodies that audit the RecyClass tool analysis results

Table of Content

ContentsSlide No.
Market Overview (Europe & Germany)3-5
Innovation Trends in Packaging – Europe6
Sustainability Trends in Packaging – Europe7
Legislative Overview for Packaging Waste8
Smart Packaging9-15
Smart / Innovative / Sustainable – Packaging Materials16-22
Vendors Landscape23-24
Ecolabels25-30
Certificates31-34

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