PCI Wood Mackenzie recently published a study on the North American converted flexible packaging market, which estimated sales in the United States, Canada and Mexico at $23.5 billion in 2016, growing by 4.5 percent in value terms during the year.
According to researchers, a caterpillar that’s been bred for commercial fishing purposes has demonstrated the ability to biodegrade polyethylene. In a controlled experiment, about 100 of these insects were placed in a plastic bag.
It’s no news to the flexible packaging industry that consumers want to recycle their plastic products, but companies play a key role in making it possible – and much more convenient – for them to do so.
According to a recent report from Knowledge Sourcing Intelligence, the North American flexible packaging market is expected to grow at a continuous annual growth rate (CAGR) of 2.07 percent from 2016 to 2021, bringing its total market value to $33.991 billion.
We profiled Technical Help in Engineering and Marketing (T.H.E.M) in our June issue, specifically on how its stick packs are bringing single-serve options to the coffee market. But as you know, coffee is hardly the only thing that stick packs can help package.