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.

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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.
  • March 2024: Sealed Air developed a new paper bottom web to meet the needs of food processors, retailers, and consumers looking to reduce plastic consumption and meet paper packaging demand. CRYOVAC’s new barrier formable paper, branded under Sealed Air, is made of 90% fibers certified by the FSC. According to SEE, this paper bottom web can reduce plastic by 77% when replacing PET/PE bottom web packaging.
  • January 2024: The new product, Sunfeast Farmlite Digestive Biscuit Family pack in 100% outer paper packaging, was launched by ITC Sunfeast Farmlite, a range of healthy biscuits from ITC Foods. It is the first brand to embrace 100% outer paper packaging. Ergonomic design aspects have been carefully selected, making paper packaging consumer-friendly, visually attractive, and comfortable.
  • January 2024 - Bank ABC (Arab Banking Corporation BSC) closed a EUR 24.9 million (USD 26.94 million) sustainability-linked credit facility for the Saudi Paper Manufacturing Company. The loan amount is planned to support SPM’s expansion plan by funding the procurement of state-of-the-art machinery from Toscotec, which will add efficiencies of scale and scope to SPM’s business.
  • April 2023 - Hotpack, a UAE-based manufacturer and supplier of disposable packaging, launched a specialized food packaging program in Saudi Arabia, involving a SAR 1 billion (USD 266 million) investment. The initiative aims to manufacture environmentally friendly products, with the packaging unit dedicated to producing sustainable and recyclable packaging solutions.
  • January 2024: Recircle Brands, a visionary company in the eco-friendly products sector, announced the launch of Bagups, a groundbreaking trash bag dispensing system. Its unique design ensures that a new bag is always ready for use, eliminating the inconvenience of traditional trash bag replacement. The product's environmental impact is significantly reduced by using biodegradable materials, minimizing plastic waste, and reducing the overall carbon footprint.
  • February 2024: Amcor signed an agreement with Cadbury for the supply of 1,000 tons of post-consumer recycled plastic for the packaging of its core chocolate range, accelerating Cadbury's efforts to reduce its virgin plastic needs.
  • February 2024: Mondi increased the production of its eco-friendly range of eco-friendly paper-based bags (EcoWicketBags). This helps align with the increasing demand for sustainable packaging within the HPC industry, especially for diapers and feminine hygiene products. Mondi is increasing the production of eco-friendly bags at its plant in Szada (Hungary) in order to take advantage of the group's integrated value chain, which includes in-house paper manufacturing, coating, and converting.
  • February 2024 - Crawford Packaging announced a partnership and distribution agreement in Central Mexico with StePacPPC, one of the global leaders in Modified Atmosphere Packaging (MAP) solutions for the shelf life extension of fresh produce. StePacPPC’s products are changing fresh produce packaging by naturally altering gas composition and controlling moisture within the packaging, creating an environment that extends the produce shelf life, preserves freshness, and reduces spoilage in the supply chain.
  • 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.

Food Packaging Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)