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Global packaging market to top $1 trillion by 2024

The global packaging market is forecast to top $1 trillion by 2024, led by increasing demand from Asia. Market value is predicted to increase from...

Wet market overhaul could drive flexibles demand in China

Changes to meat handling and distribution practices in China in the wake of the Covid-19 outbreak could drive new demand for flexible packaging in...

Ecolean’s aseptic packages debut in South Korea

Food and beverage brand Yakult has launched its first aseptic products on the Korean ambient market in Ecolean Air Aseptic lightweight packages. Hyfresh ready-to-drink tea...

Sluggish demand impacts Asian flexible market

Flexible packaging demand in Asia has been hit by a sluggish regional economy and grew by just 4.8 per cent in 2019, down from...

Rising mechanisation drives packaging machinery sales

The global packaging machinery market is projected to grow by 4.5 per cent a year through 2023, driven by global increases in manufacturing activity,...

PepsiCo snaps up Chinese snacks brand

PepsiCo is to buy Chinese snack brand Be & Cheery from Haoxiangni Health Food Company for more than $700 million. Be & Cheery, which sells...

Takashima named president of Toyo Ink Group

Toyo Ink Group has appointed Satoru Takashima as president and chief operating officer, replacing current president Katsumi Kitagawa who becomes chairman of the board. Takashima...

Engel goes it alone in Japan

Injection moulding machinery maker Engel has strengthened its market presence in Japan with the opening of a sales and service subsidiary in Tokyo. "The Japanese...

Coronavirus impact on polyolefins “much bigger” than SARS

Wood Mackenzie has scaled up its threat warning to the petrochemicals industry of the coronavirus outbreak, saying that it will have a much bigger...

Coronavirus spread would be a “logistical catastrophe”, says Wood Mackenzie

There could be disastrous levels of disruption to the polyester and textile industries if the coronavirus continues to spread across China, reports Wood Mackenzie. Drawing...

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