PMMI Report ( Cont’d from Page 1)
stores nationwide contain fraudulent ingredients. Counterfeiting continues to be a massive problem in the retail environment. For foods like olive oil, honey, fish, vinegars and coffee, counterfeiting is a challenge that could have huge ramifications if not addressed properly. In terms of the technologies used for brand pro- tections, many are driving innovation. New packag- ing exists that monitors food freshness by touch; holograms are used in beverage packaging to au- thenticate brands; and molecular coding and cloud- based product tracking can provide actionable business insight. Smart technology is predicted by PMMI to grow in the next five years, and barcodes will continue to an- chor track and trace technology. 1D barcodes are used in 70 percent of food packages and 60 percent of beverage containers. Only 4 percent of food pack- aging utilizes 2D barcodes and just 7 percent of bev- erage packaging uses the technology. QR codes are currently utilized by 45 percent of food companies and 40 percent of beverage companies. In terms of the online retail environment, conve- nience comes with many challenges.The risk of buy- ing a counterfeit item is multiplied when the purchase is made online. But PMMI’s research indicates that at the moment brand manufacturers selling products online feel they do not need to make any changes to their meth- ods of coding or marking.
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Xeikon Café 2017 Sets Visitor Record
A record number of visitors attended the 3rd edi- tion of the Xeikon Café Packaging Innovations 2017. The four-day event, which took place March 28-31 in Belgium, attracted more than 800 unique internation- al visitors. It featured business and technical confer- ences, as well as live production of more than 30 key digital print applications.
Klockner Pentaplast Buys Linpac Group
The Klockner Pentaplast Group (KP), the German provider of rigid plastic films and packaging solu- tions, has agreed to acquire Linpac Senior Holdings Limited, a films producer and converter for food packaging in Europe. Financial terms of the transac- tion were not disclosed. The transaction will create a company with com- bined annual revenues exceeding $ 2 billion.
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For m ore infor m ation call: To m Vilardi at 732-502-0500 ext 304 or Greg Kishbaugh at 317-306-1060
4 April 17, 2017 Flexo Market News
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