Last year had been a good one for the global flexible packaging
industry. Emerging markets in Asia and Latin America led to a strong resurgence
after the global recession, and it is projected that flexible packaging will be
a $100 billion industry by 2016.
This year, packaging industry players are looking forward to
new efficiencies and economies of structure. Reorganizations, consolidations,
lean manufacturing and sustainability are some of the measures they consider to
tackle the current situation. Apart from this, flexible packaging industry is
heavily relying on other areas such as performance metrics and looking more
stringently at project proposals.
Here we will discuss
packaging trends to watch closely in 2013:
Smart Packaging:
With changing lifestyles and consumers being more demanding, active and
intelligent packaging focus more on consumer benefits such as food quality and
safety, freshness and information rather than
specific retailer and manufacturer driven benefits.
Bio-Based Plastics:
Recyclable PET made from renewable resource is projected to offer significant
growth potential in long term. Hence the corporations involved in the soft
drink industry, are investing heavily in the development of this material.
Stand-up Pouches: Bottles
and cans have become the things of past. Stand-up pouches are preferred more
because of their flexibility, sustainability and convenience. They are one of
the most innovative marketing approaches to stimulate the sales of a stagnant
brand.
Retail Ready
Packaging (RRP), a method of packaging to make the products easier for the
retailers to stock, continues to gain traction in North America more and more
retailers have started to consider implementation, and others broaden the scope
of existing initiatives into additional categories.
Social Media’s Role
in Packaging: Marketing strategies are changing and internet continues to
revolutionize how we find, buy, sell, and interact with brands and their
products or services. While traditional marketing focused on pushing messages
out, nowadays, it's more about getting found by customers. Hence, market
players need to provide value and earning customer loyalty instead of simply
conveying message to the consumers and hoping it will stick.
Along with this, packaging industry professionals must not
ignore the consumer voice. Studying consumer culture will always reveal
packaging trends and labeling needs in future. Considering the lifestyle
changes and economic growth, Uflex Ltd. always follows a strategy with
innovation, proximity to customers to provide better services and quick
deliveries and focus on operational excellence.
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