MacDermid Hosts Multi-City Roadshows
Due to increasing R&D, fresh developments in pack- aging products, development in the generic industry and an increasing contracting trend, this industry is an- ticipated to be experiencing remarkable development in the next years. The market is also anticipated to drive the growth in demand for reusable and environmentally friendly packaging. The highest market share of North America in 2018 was over 35 percent. The increased production of child-resistant packaging products is one of the vari- ables contributing to this. Moreover, the growing pro- duction of branded medicines requiring increased packaging material input to safeguard the drug against the external environment reinforces demand for the regional product. Asia Pacific will increase by 12.2 percent during the forecast period at the highest CAGR. McDonald’s Canada To Test Sustainable Packaging McDonald’s Canada is putting sustainable packag- ing options and recycling initiatives to the test at two “Green Concept Restaurants.” These quick service restaurants will serve as incubators for new cups, lids, cutlery, stir sticks, and straws made from renewable, recycled, or certified sources.
MacDermid Graphics Solutions hosted multi-city roadshows in Hyderabad, Mumbai, and New Delhi, In- dia.The full-day roadshows saw label and flexible pack- aging printers, corrugation converters, and pre-press trade-shops representatives in attendance. “One of our key areas of focus for the India market is MacDermid’s LAVA thermal processing system, which is automated, quick and environmentally friendly,” said Melanie Galloway, Senior Vice President, MacDermid Graphics Solutions. MacDermid has three key distributors in India.Kanan Graphics in Mumbai supplies the western region, Indo Pacific in Bengaluru for the south, and Supreme Mar- keting in New Delhi for the north. At the Hyderabad Roadshow, MacDermid inked a partnership deal with DigiFlex, a supplier of digital plates for narrow, mid, and wide web flexo machines. Pharmaceutical Packaging Market To Hit $112B The global pharmaceutical packaging market will attain valuation around $112 billion and will grow at Compound Annual Growth Rate above 7.9 percent from period 2019 to 2026, according to research from Acumen Research and Consulting.
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