PAPACKS’ Post

"Although biodegradable packaging and bio-based packaging materials will continue to gain in importance in 2024, no strong trend in this direction can be identified so far this year." Do you agree with Björn Ickes, packapplication, about the future of #biodegradable #packaging? To learn more about his forecast for the packaging industry, read our Weekle Wrap-up: https://ow.ly/lswY50QIJXM

𝐓𝐡𝐞 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐩𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 is expected to reach $625.05 Bn by 2033 with a CAGR of 8.35% during 2024-2033. as per IndustryARC Latest Market Research Report. Check Market Research 𝑹𝒆𝒑𝒐𝒓𝒕 Here @ https://lnkd.in/g9h5Ft5m 𝐊𝐞𝐲 𝐓𝐫𝐞𝐧𝐝𝐬:- 👉𝐁𝐢𝐨𝐝𝐞𝐠𝐫𝐚𝐝𝐚𝐛𝐥𝐞 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥𝐬: The increasing focus on reducing environmental impact has led to a surge in the use of biodegradable materials for packaging. #Bioplastics, derived from renewable resources like cornstarch or sugarcane, gained popularity as an alternative to #traditionalplastics. 👉𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐄𝐜𝐨-𝐅𝐫𝐢𝐞𝐧𝐝𝐥𝐲 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐃𝐞𝐬𝐢𝐠𝐧: There was a noticeable increase in innovation regarding #sustainablepackaging design. This included the development of lightweight packaging, optimized for resource efficiency, and the use of alternative #materials such as mushroom-based packaging or seaweed-derived materials. To Buy the Report / Click Here @ https://lnkd.in/gdgYNqbX 👉𝐂𝐢𝐫𝐜𝐮𝐥𝐚𝐫 𝐄𝐜𝐨𝐧𝐨𝐦𝐲 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐞𝐬: The concept of a circular economy gained traction in the packaging industry. This involves designing #packaging with the intent of reusing, recycling, or repurposing materials to minimize waste. 𝐤𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :- Amcor | Tetra Tech | Ball Corporation | Mondi Group | Smurfit Kappa | Sealed Air Corporation| Crown Holdings, Inc. | Huhtamaki | Sonoco | DS Smith | Ardagh Group | Bemis Company, Inc. | WestRock Company | Gerresheimer| UFLEX Limited | Berry Global, Inc. | Reynolds Group Holdings | Evergreen Packaging | AptarGroup S.A.| Klöckner Pentaplast

Greetings from “ The Scholar Box” Moving ahead in our sustainability journey, let us understand how combinations of value network actors' intentions and activities affect market change for a sustainable innovation. Sustainable development and the need to protect the possibilities of the present and future generations to meet their needs have created a great societal interest in supporting the development and diffusion of sustainable innovations. The diffusion of sustainable innovations into value networks facilitates and is facilitated by the change of markets towards sustainability; however, this interaction needs further investigation. The authors Outi Keränen, Tuula Lehtimäki , Hanna Komulainen and Pauliina Ulkuniemi examine how combinations of value network actors' intentions and activities affect market change for a sustainable innovation. The authors empirically explore market change related to introducing bioplastics into plastic food packaging value networks. They increase the understanding of market change for a sustainable innovation by showing how not only the actors with direct intentions to support the innovation but actors and activities indirectly related to the sustainable innovation contribute to market change. Such indirectly supportive activities focus on broader sustainability aims and can, for example, change market representations, practices, and norms in favor of the sustainable innovation. The authors propose sustainability layers to understand the diverse sustainability focuses of actors and their relation to the market change in question. Specifically, they contribute to market change literature by broadening the examination scope beyond the most active actors driving market change for innovation. The present study examines the market change for a sustainable innovation with a focus on a multitude of actors within an existing value network and their diverse intentions and activities connected to the market change. To gain theoretical understanding, literature on the intentions of market shapers and market are employed. Qualitative methods are used to examine a plastic food packaging value network, where bioplastic packaging is examined as an example of a sustainable innovation which wider diffusion requires market changes. The study contributes to the literature on sustainable innovation and market change by showing how the market change results from the diversity of value network actors' intentions and activities. The findings provide implications for firms developing and commercializing sustainable innovations to existing value networks where diverse actors' intentions collide. Please find link of the complete article: https://lnkd.in/e2j4m_Sq  #sustainability #industrialmarketingmanagement #industryresearch #marketing #academicresearchcentre #thescholarbox #creatingbusinessinsights #MICA  

Are you looking for ways to make your packaging more sustainable and eco-friendly? Do you want to learn from the experts about the latest innovations and best practices in this field? If yes, then you don’t want to miss our upcoming webinar on 𝑰𝒏𝒏𝒐𝒗𝒂𝒕𝒊𝒗𝒆 𝑺𝒖𝒔𝒕𝒂𝒊𝒏𝒂𝒃𝒍𝒆 𝑷𝒂𝒄𝒌𝒂𝒈𝒊𝒏𝒈 𝑺𝒐𝒍𝒖𝒕𝒊𝒐𝒏𝒔 𝒂𝒏𝒅 𝑻𝒓𝒆𝒏𝒅𝒔 𝒕𝒐 𝑾𝒂𝒕𝒄𝒉 𝑶𝒖𝒕 𝒇𝒐𝒓! 𝐈𝐧 𝐭𝐡𝐢𝐬 𝐰𝐞𝐛𝐢𝐧𝐚𝐫, 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐥𝐞𝐚𝐫𝐧 𝐚𝐛𝐨𝐮𝐭: 🌱 The benefits of using recycled or biodegradable materials in packaging 🌱 The challenges of designing packaging for recycling and reuse 🌱 The innovative materials that can replace plastics in packaging 🌱 The trends to watch out for in sustainable packaging in 2023 𝐈𝐧 𝐭𝐡𝐢𝐬 𝐰𝐞𝐛𝐢𝐧𝐚𝐫, 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐡𝐞𝐚𝐫𝐢𝐧𝐠 𝐟𝐫𝐨𝐦: Lilli Keinaenen, Founder and Chief Designer of Changemaker Creative, a sustainability-focused cannabis branding and packaging firm. Lilli will share her insights on how to design for recycling and reuse, and how to replace plastics with bioplastics or paper.   Dr Anil tripathi, AGM of R&D-Packaging Division at UFlex Ltd, India’s largest flexible packaging company. Dr. Tripathi will discuss how to reduce and remove packaging, shift to mono-materials, and increase recycled content. Stay tuned until we reveal our complete speaker list! To register for the webinar, please click here -> https://lnkd.in/gCbszZ5j   Carmen Alonso Herr Rowin Antony Saqib Jamshed Karan Chechi, Alwin Samuel, Vikkas Yadav, Himanshu Saxena, Sukriti Seth, Shaurya Singh,  Shubham Verma, Srishti Verma, SAKSHI BAJAAL, Kapil Pandey, Parvati Sharma, Konark Worah #webinar #packaging #sustainablepackaging

Just stumbled upon some fascinating insights into sustainable packaging trends for FMCG products, and I can't help but share! The shift towards eco-friendly solutions is gaining serious momentum, and it's clear that businesses are getting creative with how they package their goods. From biodegradable materials to zero-waste policies, the industry is buzzing with innovation. One trend that's really caught my eye is the use of plant-based packaging. Companies are turning to materials like cornstarch and mushroom mycelium to create packaging that's not just recyclable but also compostable. It's a game-changer for reducing landfill waste. Another trend is the 'less is more' approach. Brands are stripping back to the bare essentials, cutting down on unnecessary layers of packaging. It's all about minimalism, and I must say, it's refreshing to see simplicity making a comeback. And let's not forget about refillable systems. They're not just for the old-school milkman anymore. FMCG products are now being offered with options to refill rather than replace, which is a huge step towards circular economies. As someone who's passionate about both the manufacturing industry and nature, these trends are music to my ears. It's exciting to see the strides we're making towards a greener future. If you're in the industry and have noticed these trends or have other insights to share, I'd love to hear your thoughts. Or if you're looking to make a career move into a company that values sustainability, drop me a line at Keagan.hood@matchtech.com. Let's chat about how we can make a positive impact together! #sustainablepackaging #FMCG #innovation

𝐄𝐜𝐨-𝐅𝐫𝐢𝐞𝐧𝐝𝐥𝐲 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐬𝐞𝐭 𝐭𝐨 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞 𝐚 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐚𝐫𝐲 𝐠𝐫𝐨𝐰𝐭𝐡 𝐛𝐲 𝟐𝟎𝟑𝟎 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗥𝗲𝗽𝗼𝗿𝘁,https://lnkd.in/gtZ2Zuuq 𝑻𝒉𝒆 𝒈𝒍𝒐𝒃𝒂𝒍 𝑬𝒄𝒐-𝑭𝒓𝒊𝒆𝒏𝒅𝒍𝒚 𝑷𝒂𝒄𝒌𝒂𝒈𝒊𝒏𝒈 𝒎𝒂𝒓𝒌𝒆𝒕 𝒔𝒊𝒛𝒆 𝒊𝒏 2023 𝒊𝒔 182383.3 𝒎𝒊𝒍𝒍𝒊𝒐𝒏 𝑼𝑺 𝒅𝒐𝒍𝒍𝒂𝒓𝒔, 𝒂𝒏𝒅 𝒊𝒕 𝒊𝒔 𝒆𝒙𝒑𝒆��𝒕𝒆𝒅 𝒕𝒐 𝒃𝒆 256631.5 𝒎𝒊𝒍𝒍𝒊𝒐𝒏 𝑼𝑺 𝒅𝒐𝒍𝒍𝒂𝒓𝒔 𝒃𝒚 2030, 𝒘𝒊𝒕𝒉 𝒂 𝒄𝒐𝒎𝒑𝒐𝒖𝒏𝒅 𝒂𝒏𝒏𝒖𝒂𝒍 𝒈𝒓𝒐𝒘𝒕𝒉 𝒓𝒂𝒕𝒆 𝒐𝒇 5.00% 𝒆𝒙𝒑𝒆𝒄𝒕𝒆𝒅 𝒊𝒏 2024-2030. 𝗦𝗰𝗼𝗽𝗲 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: With business houses and consumers more keen to focus on the #area of #sustainability, especially in terms of #biodegradable, #recyclability, and #reusability, the #Eco-#FriendlyPackaging #market is expanding. This market is being pressed by the need to answer environmental regulations and, at the same time, by the consumer request to cut down on #environmentaldamages through innovations in #materials and eventual design. 𝗞𝗲𝘆 𝗗𝗿𝗶𝘃𝗲𝗿𝘀 𝗘𝗰𝗼-𝗙𝗿𝗶𝗲𝗻𝗱𝗹𝘆 𝗣𝗮𝗰𝗸𝗮𝗴𝗶𝗻𝗴 𝗺𝗮𝗿𝗸𝗲𝘁: • Environmental Awareness • Regulatory Pressures • Corporate Sustainability Goals • Consumer Demand 𝗧𝗵𝗲 𝗿𝗲𝗽𝗼𝗿𝘁 𝗽𝗿𝗼𝘃𝗶𝗱𝗲𝘀 𝗮 𝗰𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗼𝗳 𝗰𝗼𝗺𝗽𝗮𝗻𝘆 𝗽𝗿𝗼𝗳𝗶𝗹𝗲𝘀 𝗹𝗶𝘀𝘁𝗲𝗱 𝗯𝗲𝗹𝗼𝘄: Mondi Group Segezha Group Klabin BillerudKorsnäs Stora Enso Daio Paper USA, Inc. Nordic Paper Glatfelter Gascogne Papier (Austria) Glatfelter Tokushu Tokai Paper Co Ltd Goodwin Robbins Packaging OJI HOLDINGS CORPORATION CTI Paper USA, Inc. Canfor Genus Paper & Boards Ltd Georgia-Pacific LLC Canadian Kraft Paper Industries Ltd Fujian Qingshan Paper Industry Co., Ltd. Smurfit Kappa WestRock Company SCG Packaging International Paper 𝗘𝗰𝗼 𝗙𝗿𝗶𝗲𝗻𝗱𝗹𝘆 𝗣𝗮𝗰𝗸𝗮𝗴𝗶𝗻𝗴 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁 𝗯𝘆 𝗧𝘆𝗽𝗲: •    Recyclable •    Reusable •    Degradable 𝗘𝗰𝗼 𝗙𝗿𝗶𝗲𝗻𝗱𝗹𝘆 𝗣𝗮𝗰𝗸𝗮𝗴𝗶𝗻𝗴 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁 𝗯𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: • Food and Beverages • Pharmaceutical • Personal Care • Home Care • Others 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗶𝗻 𝗘𝗰𝗼 𝗙𝗿𝗶𝗲𝗻𝗱𝗹𝘆 𝗣𝗮𝗰𝗸𝗮𝗴𝗶𝗻𝗴 𝗠𝗮𝗿𝗸𝗲𝘁: • Market Expansion in Emerging Economies • Innovation and R&D • Collaboration and Partnerships • Consumer Education Campaigns 𝗘𝗻𝗾𝘂𝗶𝗿𝗲 𝗯𝗲𝗳𝗼𝗿𝗲 𝗽𝘂𝗿𝗰𝗵𝗮𝘀𝗶𝗻𝗴 𝘁𝗵𝗶𝘀 𝗿𝗲𝗽𝗼𝗿𝘁, https://lnkd.in/gfUqMZJ6 Market intelliX Market Pulse Updates #EcoFriendlyPackaging #SustainablePackaging #GreenPackaging #Biodegradable #Recyclable #Reusable #Sustainability #EnvironmentalImpact #GreenProducts #EcoInnovation

Sparxell, a startup pioneering sustainable pigments for cosmetics, has secured a substantial £2.5m investment from a diverse group of backers, including L'Oréal. 💡 Key Highlights: 🌱 Since its inception in 2022, Sparxell has been dedicated to pioneering sustainable solutions. They specialize in creating biodegradable and vegan pigments, sourcing raw materials from plant-based cellulose extracted from waste. 🌱 This approach not only mitigates environmental impact but also aligns with the growing consumer demand for ethically sourced products. 🌱 Dr. Benjamin Droguet, Sparxell's CEO, emphasizes the detrimental environmental effects associated with conventional chemical colorants. He underscores the urgency for industry-wide adoption of sustainable alternatives to mitigate these impacts effectively. 🌱 The Circular Innovation Fund, co-founded by L’Oreal, recognized Sparxell's potential and chose to invest. This investment signals a broader industry acknowledgment of Sparxell's innovative approach and its potential to drive positive change across various sectors. #SustainableCosmetics #EcoFriendlyBeauty #GreenTechnology #CircularEconomy #PlantBasedPigments #BiodegradableBeauty #InnovationInCosmetics #ClimateAction #ClimateChange

Check out this bottle! I love it for four reasons (not including it’s contents - which I also liked): 1. It’s made from rPET, a recycled and recyclable plastic. Yes, glass is recycled of course but PET is apparently far less energy consumptive during recycling 2. It’s designed with distribution in mind: plastic = fewer breakages, less packing and much lighter to transport, funky shape means much less space to transport (our little test of Sunday dinner suggested it takes up a little over 50% that traditional bottle would 3. It’s a design that delivers for all: ESG ☑️ , business costs (and therefore customer price point?) ☑️ easier for frontline employees ☑️ 4. Innovation in an industry that is historically cautious with any change. Few of you will know that I have a small side hussle producing wine from local grapes. So seeing any innovation in my “other” industry is always exciting! Well done The Wine Society (The International Exhibition Co-operative Wine Society Limited)

Realising sustainability in packaging demands a dynamic blend of recycling, composting, and reuse/refill. Deciphering when to implement each solution is an evolving challenge CPG companies are working on. Key factors to evaluate are: • product specifications and the intended use of the product and packaging, • regional disposal regulations, infrastructure, and cultural preferences • materials cost and availability and the technology investments, driving cost increase to consumers 》the ever-evolving landscape of regulations, technologies, and trends. #SustainabilityinPackaging gathered multiple members of the packaging value chain to shed light on new cooperative platforms and new legislation, aiming to establish equitable standards for packaging producers, clients, and recyclers. Core topics were PPWR, design for circularity and label harmonization, which will certainly set the scene for the next generation of packaging. Big thanks to Smithers, Cesar Vargas-Razo, PhD and I really enjoyed this enlightening conference, we'll have loads to discuss at Sagentia Innovation