Retail-Ready Packaging (Cont’d from Page 1)
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annually from 2019 to 2024, reaching a total of nearly 40 million metric tons valued at $77 billion at constant 2018 prices. The use of RRP in the fresh produce, dairy and bakery markets accounted for more than half the total volume consumed in 2018.These three sectors are expected to retain their dominant market share over the medium term. Overall, there is expected to be a slight shift in market share in favor of non-food items through 2024. Innovation is at the forefront of development in the RRP industry, with many end-use sectors enjoying the benefits of new designs in RRP. Frozen foods and household care products will show the highest growth among the various end-use sectors for RRP, at CompoundAnnual Growth Rates of 8.1 per- cent and 6.9 percent respectively.The lowest growth lies in pet food (2.51 percent) and canned food (2.58 percent). Die-cut containers account for 55 percent of the vol- ume demand for RRP in 2018 with plastic making up nearly a quarter of the total. By 2024, these two for- mats will maintain their relative positions, but the ma- jor shift will be from shrink-wrapped trays to modified cases, with a 2 percent market share changing places between these two formats. Through 2024, the growth will be fastest in modified cases, with a 10.1 percent CAGR by volume pushing consumption from 2.44 million tons (2019) to 3.93 million metric tons (2024).There will be new demand for shrink-wrap trays will be low, at a sluggish 1.8 per- cent CAGR, and demand will actually drop in devel- oped economies, including Western Europe, the Unit- ed States, Canada and Japan. Koenig & Bauer Flexotecnica Launches New Flexo Press Koenig & Bauer Flexotecnica recently launched a brand new high performance compact CI flexo press--- the Evo XC---to join its line of Evo models.The eight-col- or press offers a small footprint and is available in two different versions with a maximum repeat length of up to 850 mm and printing speeds up to 400 m/min. Wrapped in the Koenig & Bauer design, the Evo XC reportedly features solid machine engineering in com- bination with the intuitive HMI,a completely new dryer concept as well as the latest digital Industry 4.0 features. The new Evo XC from Flexotecnica made its maiden debut at the K2019 fair in Düsseldorf, Germany,where it drew crowds to view its several live demonstrations each day and will next appear at the Koenig & Bauer booth at Drupa 2020 in Düsseldorf.
We begin with an investigation that benchmarks the most common causes of waste/downtime andtheircostsincluding:
Job Changes Mid-run Press Stops Customer Complaints Excess Blade Consumption Inadequate Best Practice SOPs
Anilox/Cylinder Wear and Damage Print Defects Like Dirty Print, Streaks Lack of On-going Compliance Training AftercarefulROIanalysis,wehelpyoudevelop and implement a sustainable solutions plan.
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8 January 20, 2020 Flexo Market News
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