The global corrugated bulk bins market size is projected to grow from USD 11.6 billion in 2020 to USD 15.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.2%. The global corrugated bulk bins industry has witnessed high growth primarily because of the increasing demand for food and pharmaceutical products worldwide, especially...
COVID-19 and measures to contain it have not had a huge impact on packaging trends in South Africa, though same changes are notable. For example, previously unpackaged items such as baked bread has been increasingly packed in inexpensive plastic wrap or bags to comply with stricter health and hygiene regulations during the pandemic. Packaging...
Prior to the pandemic, Tetra Pak launched packaging with QR codes in Russia for milk, juice and baby food products, enabling greater communication with consumers and a way to collect data and promote brand loyalty. The development allows consumers to track the whole path of their chosen products from manufacture to store shelves. The trend...
The COVID-19 pandemic has ended nearly three decades of uninterrupted growth in Poland. Following 2019’s growth of 4%, GDP has declined by 5% in 2020. Unemployment has risen and the labour market has been severely impacted by lockdown measures and a drop in demand. Wages are set to continue to fall over the forecast period. Packaging...
During the pandemic, Thailand has seen a huge surge in sales through e-commerce channels throughout most areas, as well as a boost in off-trade food and beverage consumption as businesses and horeca establishments closed and consumers continue to remain cautious about social gathering. Packaging in Thailand report offers insight into...
The economic impact of COVID-19 has resulted in severe income drops for many Indian consumers, with a dramatic decline in discretionary spending. The situation has led to downtrading across the board. Moreover, until early September on-trade establishments were prohibited from selling alcoholic drinks, and this, together with a lack of social...
Ukraine’s economy has contracted significantly in 2020, with real GDP declining by 6% compared to a 3% rise in 2019. Inflation has increased by 5% and unemployment has jumped from 2019’s 8% rate to 10% in 2020, as a result of measures to contain the spread of COVID-19. Purchasing power has dropped and consumers are focused on low-cost solutions,...
The impact on COVID-19 on packaging trends in France was most visible in terms of reduced demand for smaller and on-the-go formats across the board and a shift towards larger packs in line with increased at-home consumption and shared family values packs. As horeca establishments shut down, 2020 has seen a drop in sales of on-trade alcoholic...
In this new COVID-19 landscape, core packaging material suppliers across flexibles, rigids, paper, glass and metal, were very largely showing resilience, having pandemic working practices swiftly in place, from adapted shift patterns (to ensure distancing) to building stock for customers, to safely adjust yet assure on supply. Packaging...
Home seclusion trends during the 2020 pandemic, along with reduced purchasing power have favoured sales of larger size formats such as family value packs in a number of categories, with families preparing and consuming all their meals at home for several months. The lower-cost solutions offered by such large pack sizes have proved popular...