US Packaging News

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

US Packaging News

  • June 2022 - American Packaging Corporation (APC) announced that it would open a new 275,000-square-foot Center of Excellence manufacturing facility in Cedar City, Utah.
  • May 2022 - Berry Global Group and Taco Bell announced partnering toward a more circular approach to sustainable packaging with the launch of a new clear, all-plastic cup containing mechanically recycled post-consumer resin (PCR). The recycled HDPE used in the new cup contains food-grade content from products such as recycled milk jugs. The move represents progress by both organizations in meeting their publicly stated sustainability commitments.
  • April 2022 - Sealed Air announced the introduction of prismiq - a digital packaging brand with a portfolio of solutions for design services, digital printing, and smart packaging. This system is first of its kind, capable of wide web, high speed, full-color (including metallics and invisible ink), and double-sided digital printing capabilities on flexible and shrinkable materials.
  • April 2022 - Sealed Air, ExxonMobil, and Ahold Delhaize USA announced their collaboration on an advanced recycling initiative, the first of its kind in the U.S. The project recycles flexible plastics from the food supply chain and remakes them into new, certified circular food-grade packaging.
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  • November 2022 - Nampak has announced that it is to acquire Alucan Packaging, a beverage can manufacturer based in Nigeria. Nampak has also been granted an option to acquire a leading rigid plastics company in Nigeria. The total investment is USD 301 million, which will be funded through available cash resources and existing debt facilities.
  • March 2022: According to the German Machinery Association, Nigeria invested EUR 390 million (USD 410.11 million) in food and packaging technologies, surpassing South Africa, Algeria, and Morocco to become the continent's second-largest investor in the field behind Egypt. Nigeria also overtakes South Africa as the continent's top importer of plastics technology. The packaging market in the nation is anticipated to increase positively as a result of these potential prospects.
  • August 2022 - Gerresheimer AG announced investments of around USD 94 million to expand its manufacturing, supply rapidly, and logistics capability for glass vials in the U.S. By adding new vial formation lines for dimensional inspection, annealing, cosmetic inspection, and packaging, Gerresheimer's capacity will increase considerably.
  • August 2022- Crown Embalagens Metalicas da Amazonia SA, a subsidiary of Crown Holdings, Inc., partnered with Socorro Bebidas (Socorro). This partnership aims to extend its line of mineral water to include infinitely recyclable beverage cans. Acquissima is available in supermarkets across Brazil in two SKUs: Personnalité (natural mineral water) and Passion (carbonated mineral water). Both are now available in 355ml (12oz.)
  • July 2022 - Aptar Group Inc. announced the launch of the New Tower Flip-Top Closure dispensing solution designed to increase package cleanliness and improve the consumer experience. This allows consumers to open the cap without touching or viewing any leftover product residue.
  • July 2022 - Canpack introduced a new production plant to its aluminum beverage can manufacturing capability in Poços de Caldas, Minas Gerais, Brazil. After the project's approval, CANPACK executives, state and local officials, and economic development professionals jointly announced the new facility, with state and local economic development incentives granted.
  • 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.
  • August 2022 - Nestle Ice Cream Uses Paper Pack, Online Wine Merchant Launches Paper Bottle; Paper Manufacturer creates translucent barrier paper. Nestlé Hong Kong announced that its Kit Kat stick ice cream packaging is moving from plastic to paper, a first for the Innovation Zone. The packaging comprises 100% pure pulp, certified by the Forest Stewardship Council (FSC). Further, British online wine merchant Laithwaites announced that it launched its first wine offering in a paper-based bottle. The bottle is made of 94% recycled board with a recyclable plastic pouch.
  • July 2022 - Sonoco announced that the company was expanding post-consumer recovery and recycling options for paper cups in mixed paper bales for use as raw materials at its Hartsville, South Carolina, paperboard facility to create new paperboard. According to prior verification, rigid paper cans in mixed-paper bales from home Material Recovery Facilities are accepted at all of Sonoco's paper mills in the United States. The Hartsville mill will now take paper cups with this most recent declaration.
  • February 2022: Huhtamaki signed a 12-year Virtual Power Purchase Agreement (VPPA) with NextEra Energy Resources, a subsidiary of LLC. NextEra Energy Resources is the largest global renewable energy generator from the wind and sun. The 42 MW agreement on renewable energy covered about 30% of the current electricity demand of the Hutamaki business in the United States &Mexico and has 18 manufacturing units.
  • January 2022: SABIC, Mars Petcare, and Hutamaki took the next step in their pet food packaging collaboration using circular polypropylene (PP) certified from SABIC's TRUCIRCLE portfolio and used in packaging solutions for leading cat food SHEBA brands. Huhtamaki used the certified circular polymer as a phthalate-free and gel-controlled film layer, which lent the flexible pouches high impact strength and puncture resistance even at low temperatures below -20°C.

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