Food Packaging News

Recent industry report about Food Packaging company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Food Packaging Market industry experts.

Food Packaging News

  • August 2022: Seal Packaging introduced fresh eco-friendly packaging options. The first UKCA-marked plastic-free paper cups, the It's Not Paper bag collection, a workable and ecological replacement for conventional paper bags, and the Compostabowl are just a few of the new, creative goods now being introduced.
  • June 2022: SIG completed the acquisition of Scholle IPN, a flexible packaging solution provider with an enterprise value of USD 1.53 billion. The acquisition is expected to enable SIG to offer sustainable, low-carbon packaging solutions across a broad range of categories and product sizes.

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  • March 2023 - Mauser Packaging Solutions expanded its production network in China by establishing a new, cutting-edge manufacturing plant in the Economic Development Zone of Haiyan near Shanghai. As the region's industrial packaging needs grow, the new location will fulfill current and future market demands.
  • January 2023 - To increase the output of open-head steel drums, SCHÜTZ Container Systems is expanding its steel drum manufacturing facility in Houston, USA. This expansion to the product and service offering provides local customers with a complete selection of new and reconditioned IBCs, PE, and steel drums.
  • January 2023: Amcor announced the acquisition of Shanghai-based MDK. MDK, a market leader in medical device packaging and a key priority growth area for Amcor, has annual sales of about USD 50 million. The addition of MDK will strengthen Amcor's already strong healthcare platform in the Asia-Pacific region as it continues to focus its emphasis on higher growth priority categories.
  • June 2022: Catalent announced installing a high-speed blister packaging line to complement its existing automated bottling line at its clinical supply plant in Shiga, Japan. Customers working on this project from anywhere in the world will have the most access and flexibility due to the new blister-packing equipment, which is the same as that utilized throughout Catalent's network of clinical supply services.
  • September 2022 - Ball Corporation partnered with Boomerang, a water bottling technology developer, to provide refillable aluminum bottles. The ball corporation will supply its aluminum bottles for the Boomerang Bottling System, which is intended to help meet the demand for sustainable beverage packaging at resorts, cruise ships, campuses, and elsewhere. The partners aim to reduce waste and carbon emissions created in the production and transportation of traditional bottles.
  • September 2022 - Ardagh Glass Packaging Europe collaborated with B&B Studio and Belvoir Farm to create a new glass bottle design for Belvoir Farm's new range of sophisticated, non-alcoholic Botanical Sodas. The new design is a fully recyclable 500ml flint glass bottle with 45% recycled glass and a reduced weight of just 380 g.
  • June 2022 - Stora Enso and Tetra Pak launched a joint initiative to accelerate beverage carton recycling in Benelux. The initiative aims to advance circular paper-based packaging solutions with a new recycling facility. Also, In collaboration with Tetra Pak, Stora Enso is launching a new recycling process to recover the fibers of collected beverage cartons in the region.
  • August 2022: Seal Packaging introduced fresh eco-friendly packaging options. The first UKCA-marked plastic-free paper cups, the It's Not Paper bag collection, a workable and ecological replacement for conventional paper bags, and the Compostabowl are just a few of the new, creative goods now being introduced.
  • June 2022: SIG completed the acquisition of Scholle IPN, a flexible packaging solution provider with an enterprise value of USD 1.53 billion. The acquisition is expected to enable SIG to offer sustainable, low-carbon packaging solutions across a broad range of categories and product sizes.
  • April 2023 - Hotpack, a UAE-based manufacturer and supplier of disposable packaging is set to launch a SAR 1 billion (USD 266 million) specialized food packaging program in Saudi Arabia to manufacture environmentally friendly products. The packaging unit will be responsible for the production of packaging that is both sustainable and recyclable.
  • January 2023 - Crown Paper Mill unveiled the news of the acquisition of 90,000 Square meters of land in Jubail 2 in Saudi Arabia to address the ever-growing demand for paper packaging across the region. The company’s new paper machine, with 65,000 MT of Jumbo roll per year, is expected to be operational in the final quarter of 2024.
  • March 2023 - 3A Composites Holding ag develops CRYLUXre and PERSPEXre are acrylic sheet materials that are made utilizing 100% reused methyl methacrylate (rMMA), obtained from PMMA scraps and waste. The rMMA is acquired from the depolymerization of acrylic sheets and fluid waste coming from our own creation. The material that has been recycled can be used again and again, saving raw materials and reducing waste.
  • April 2022 - Epson showcased its new wide graphic printing solutions at ISA 2022. The company participated in ISA International Sign Expo in Atlanta. It revealed its latest advancements in comprehensive technology designed for the sign, graphics, and visual arts community, including Epson SureColor R-Series and V-Series. This allows businesses to drive their business, expand offerings and help improve revenue growth.
  • April 2023: TruArcPartners, a private equity fund, invested in Trademark Cosmetics (TCI) to pursue continuous expansion and support brand partner success through organic initiatives and strategic mergers and acquisitions (M&A). TCI's formulation and production capabilities and strong customer-service focus proved important in its growth and will be the primary driver for future progress and expansion.
  • February 2023: BASF created healthy beauty through R&D innovation and sustainable lifestyles. Themed around "Sustainable technology perfects healthy beauty," BASF showcased its innovative personal care solutions at the "2023 Personal Care and Homecare Ingredients" (PCHi). Apart from sunscreen, cleansing, and skincare products that mark the defining feature of BASF, new arrivals, Postbiolift, and Phytocine,- impress visitors at the trade show. BASF relies on an extensive network of contracted services to manufacture its chemicals. It is committed to building lasting relationships with companies that share its commitment to safety, sustainability, and lean manufacturing.
  • January 2023 : KEZAD Group, the trade, logistics, and industrial hub of Abu Dhabi, announced the signing of a 50-year land lease agreement with specialty tissue manufacturer Star Paper Mill for the establishment of a new facility to manufacture recycled Kraft Paper Jumbo reels, diversifying the company's product offering to serve a growing demand for biodegradable packaging papers in the UAE.
  • November 2022 : HotpackGlobal, a significant disposable packaging company, opened a manufacturing facility in Qatar. The cutting-edge manufacturing facility is a specialized factory that will create a wide range of Hotpack'spaper products, including folding and corrugated cartons, paper bags, and cups. It is situated in Doha's new industrial region.
  • February 2023 - Amcor and MHI partnered on trials to determine a novel recycle-ready blister package that could be produced in large capacities and at high speeds to promote sustainable pharmaceutical packaging. A key aspect of Amcor's sustainability success is that the company's blisters and lids are made from HDPE. If they differ, the entire product is sent to the landfill rather than the recycling center.
  • January 2023 - Vermacare'srange of safe medical containers, Sharpsafe, announced its fifth generation of harm-reduction pharmaceutical containers for hospitals. This new Sharpsafe is manufactured from recyclable materials with reduced carbon footprints.
  • September 2022: GlenroyInc., a sustainable, flexible packaging company, and Nature Nate's Honey Co. (Nate's), the honey manufacturing company in the United States, partnered to provide customers with the innovative, sustainable, and squeezable technology of the premade stand-cap pouch. The premade stand-cap pouch from Glenroy solved a world full of rigid plastic bottles. This innovative, squeezable honey packaging provided a gravity-fed, no-drip, sustainable solution for Nate's 100% pure, raw, and unfiltered honey.
  • May 2022: ProAmpac acquired Specialty Packaging Inc., a family-owned specialty paper, film, and foil packaging manufacturer for the fast-food and food service industries. With this addition, the company enhanced its reach with food-service customers and expanded its footprint to the southern United States.

Food Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)