ECMA Releases Packaging Best Practice Guidelines The European Carton Makers Association (ECMA) has released Best Practice Guidelines for Pharma- ceutical Secondary Packaging , demonstrating the core focus that the European pharma folding carton sector has on patient and consumer health & safety. These new guidelines complement existing qual- ity management systems such as PS9000/ISO9001/ ISO 15378 and include folding carton specifics. “Safe packaging is essential to meet the require- ments and expectations set by pharmaceutical com- panies, legislators, patients and consumers,” said Mike Turner, ECMA Managing Director. “These new guidelines are an information and management tool that can be adopted by converters and audit- ed through proper implementation. It focuses on all aspects of the order handling & manufacturing process of folding carton products for the pharma- ceutical sector”. ECMA represents more than 500 carton producers with a current workforce of 60,000+ located across nearly all countries in the European Economic Area – this equates to more than 80 percent of the €13 bill European folding carton market. Global Reusable Packaging Market to Reach $151.2 B In the changed post COVID-19 business land- scape, the global market for Reusable Packaging estimated at $103. 1 billion in the year 2020, is pro- jected to reach a revised size of $151.2 billion by 2027, growing at a Compound Annual Growth Rate (CAGR) of 5 percent, according to a new report from Reportlinker. Taking into account the ongoing post pandemic re- covery, growth in the plastic segment is readjusted to a revised 6.4 percent CAGR for the next 7-year period. The Reusable Packaging market in the United States is estimated at $28.1 billion in the year 2020. China is forecast to reach a projected market size of $32.6 billion by the year 2027 trailing a CAGR of 9.5 percent over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9 percent and 4.4 percent respectively over the 2020- 2027 period. Within Europe, Germany is forecast to grow at ap- proximately 3.9 percent CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach $20.6 billion by the year 2027.
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8 January 2, 2023 Flexo Market News
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