The
industrial packaging market is anticipated to reach USD 72.6 billion by 2025. The industrial packaging market is anticipated to see massive growth in the years to come owing to a surge in demand in end-use industries such as food & beverage and pharmaceutical. Other factors bolstering this market include acceleration in industrial activities particularly in the developing nations, growth in modern retailing, and an increase in consumer income.
By analyzing the
packaging trends & global market projections, as well as emerging technology, it is possible for us to get a pretty good glimpse into what the packaging industry will potentially look like in the near future. We will be looking at how sustainability and design/
smart packaging are set to transform the packaging industry, in this article.
Reshaping packaging
While we recognize the classic cardboard boxes, bags & bottles, the future may be reshaping these with new products and raw materials that are going to be used in the packaging industry.
Owing to the surge in consumer demand, there is an increase in the need for convenience and this, in turn, calls for innovative upgrades as well as technological advancements which open new doors of opportunities for businesses.
Dissolvable packaging
An interesting, as well as innovative alternative that removes the reliance on fossil fuels and possesses huge potential to reduce the carbon footprint massively, is exactly what consumers are looking for today and this is where Edible packaging comes into play.
Leveraging raw materials that are extracted from natural substances such as algae, natural sweeteners & natural dyes and using the skins of fruits & vegetables displays the huge potential for offering the food industry a multitude of options related to colors, designs, etc. Moreover, it also renders an exciting experience for consumers.
Design Boom - a London-based sustainable packaging start-up that was looking to shift from selling its water bubbles from pop-ups to challenging plastic waste on a global scale piloted its water bubbles at major sporting events.
While this is an innovative way that helps in combating plastics, it may be becoming a norm sooner than we think. Reducing waste is not just limited to the food & beverage landscape, but also household items. We have witnessed a great emergence of water-dissolvable packaging for dishwashing & laundry detergents that are becoming more normalized & part of the
