The Packaging Breakthroughs And Trends To Watch In 2023

An evaluation of the most significant obstacles that the packaging industry will encounter in 2023 and the innovations that will change it for the betterment.

Edible Packaging Industry To Achieve 14.31% CAGR By 2033

Market for edible packaging, an efficient, ecologically viable alternative to traditional methods, is expected to grow at a 14.31% CAGR between 2023 and 2033.

Increasingly Prominent Trends In Food Industry Packaging

The main influences on food sector packaging will continue to be eco sustainability, customer centricity, safety and hygiene, branding and brand management.

Packaging For Medical Devices Is On A Strong Growth Curve

Between 2022 and 2027, the market for medical device packaging is anticipated to expand by $15.66 billion at a CAGR of 10.16%.

Setting New Sustainability Goals to Normalize Inconsistent Progress

The paper notes that without every sector in the supply chain focused on transformative improvements in their domain, little sustained progress will be made.

Will Digitalization Outweigh Sustainability In Packaging?

To have supply chain savings, proactive cost savings for firms to fight ongoing inflation, digitalization may soon replace sustainability as dominant force.