FMN | February 6th, 2017

An N.V. Publication FLEX

February 6, 2017

Vol. 19 No. 3

Market News

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Serving The Flexographic Printing Industry In Print and Online at www.nvpublications.com

Mintel Looks At Packaging Trends by Greg Kishbaugh M intel has released its 2017 Packaging Trends Report, fo- cusing on five emerging trends that the research group feels will greatly impact brands, consumers, retailers and con- verters this year. “Consumers often and easily get caught up in the unending ebb and rapid flow of commercial fads, social issues and brand- ed messages,” said the report.“With so much clatter and chatter

Industrial Labels To Reach $55B

For exclusive content and breaking news please visit www.flexomarketnews.com The market is expected to have higher growth rate as compared to the previous years.Asia-Pacific is the largest growing region for the indus- trial labels market. The report says the main reasons for the growth in the region include an increase in on- line shopping, and rising consumer durable goods, among others. The global market for industrial la- bels is expected to grow at a Com- pound Annual Growth Rate of around 5.5 percent during the peri- od 2016 to 2022, according to a new report from Market Research Future. Asian countries, especially India and China, account for the largest market share in the overall industri- al labels market due to rising aware- ness and the huge consumer base of those regions. A major factor attributed to the growth of the industrial labels mar- ket, according to the report, is that these products can easily be cus- tomized in terms of size and shape for a range of end-use applications across industries.

constantly vying for their attention, packaging becomes white noise — an often silent, but steady force in con- sumers’ daily lives. However, the im- pact of the combi- nation of superior structures and suc-

cinct branding, the way packaging and our mobile devices are becoming inextricably intertwined, and the way brands are using packaging to reach out to consumers beyond their tradi- tional categories — to include the influence of online shop- ping — is having more of an impact than consumer s realized…at least for now.” The (Re) Union of Packaging Structure and Branding Mintel’s Global Packaging Team believes brands should demon- strate a continued emphasis on package functionality and on structures that attract consumers and build equity for brands. One-third of U.S. adults report that high-quality food packaging is an indicator that the product is of a similarly high quality. (Cont’d on Page 4)

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