OVERVIEW OF THE PACKAGING INDUSTRY IN THE WORLD TODAY

In recent years, the field of packaging research is changing. Currently, packaging industry research mainly focuses on developing innovative techniques, including product protection, convenience for the use of packaging products, warehousing ... A good packaging can establish links between materials, products, and packaging processes, which ultimately meet the needs of customers. All these factors are taken into consideration while conducting research work on packaging.

Major research areas present in the packaging industry
 

Key areas of research in the packaging industry include strategic research, applied research and basic research.

• Strategic research focuses on new ideas and innovations in the packaging sector. The goal of strategic research is to implement innovative new technologies for the packaging industry in the future.
• Application research is generally focused on specific issues related to the use and distribution of packaged products.
• Basic research is primarily related to packaging research activities through modern technology. The main goal of basic research is to explain the material and state of the packaging system, and thus establish a strong connection between packaging materials and products.

Some other areas of the packaging industry where research is being carried out are graphic design for packaging to make packaging more attractive and convenient for consumers when used, when opened and the food safety sector.

Global Packaging Industry Report:

According to a market analysis report by SPG Media Group, global packaging industry trends are as follows:

The global packaging industry is worth US$424 billion, Europe accounts for 127 billion, Asia is 114 billion, North America 118 billion, Latin America 30 billion, and other countries account for 30 billion. In percentage terms, Europe accounts for 30%, North America is 28%, Latin America accounts for 7%, Asia accounts for 27% and 8% belongs to other regions.

Raw materials used in the global packaging industry, paper accounted for the most is 36%, metal is 17%, plastic 34%, glass 10% and others account for 3%.

Management policies related to packaging industry research

Some key management policies, often considered while doing an overview of the packaging industry are value chain management, life cycle management.. Etc.. Packaging industry research is becoming more active and highlights issues such as reuse, recycling, recall and disposal of packaging materials. Recycling is one of the most important areas that a lot of research is focusing on. Environmental issues and safety issues related to the environmental aspect of packaging, including the recycling of packaging and the safety of products such as plastic contamination .. Etc.

More and more businesses and industries are engaged in green movements, either of a real interest in saving the planet or eager to capitalize on the growing consumer demand for green ways. For example, Wal-Mart expects savings to adjust billions of dollars by reducing packaging across supply chains and carbon credits Wells Fargo issues to offset customer credit card purchases.