Packaging

Packaging Machinery Market by Machine Type, End-use Industry, Technology and Region - Global Forecast to 2027 - ResearchAndMarkets.com

Retrieved on: 
Friday, December 2, 2022

The "Packaging Machinery Market by Machine Type (Filling, Labeling, Form-Fill-Seal, Cartoning, Palletizing, Wrapping), End-use industry (Food, Pharmaceutical, Beverages, Chemical), Technology, and Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Packaging Machinery Market by Machine Type (Filling, Labeling, Form-Fill-Seal, Cartoning, Palletizing, Wrapping), End-use industry (Food, Pharmaceutical, Beverages, Chemical), Technology, and Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
  • The packaging machinery market is projected to reach USD 56.7 Billion by 2027 from USD 46.4 Billion in 2022, at a CAGR of 4.1%.
  • Based on machine type, the packaging machinery market is segmented into the filling, labeling, form-fill-seal, cartoning, palletizing, wrapping, and other machines., the filling segment accounted for the largest share of the packaging machinery market.
  • In addition, the growing population in these countries represents a strong customer base which leads to an increase in the packaging machinery market across this region.

TriMas’ 2022 Kaizen Challenge Winners Reflect Ongoing Commitment to Continuous Improvement

Retrieved on: 
Friday, December 2, 2022

TriMas (NASDAQ: TRS) today announced the winners of its 2022 TriMas Kaizen Challenge.

Key Points: 
  • TriMas (NASDAQ: TRS) today announced the winners of its 2022 TriMas Kaizen Challenge.
  • The 2022 winners are TriMas Aerospaces Optimizing Subcontracting Supply project and TriMas Packagings Productivity Improvement project.
  • This years submissions were of the highest quality level since we began the TriMas Kaizen Challenge, stated Thomas Amato, TriMas President & CEO.
  • Additional 2022 TriMas Kaizen Challenge finalist projects were submitted by TriMas Packagings locations in Haining, China; New Albany, Ohio (USA); and San Miguel de Allende, Mexico.

WestRock Acquisition of Grupo Gondi Complete

Retrieved on: 
Thursday, December 1, 2022

WestRock Company (NYSE:WRK) today announced it has completed the acquisition of the remaining interest in Grupo Gondi for $970 million plus the assumption of debt.

Key Points: 
  • WestRock Company (NYSE:WRK) today announced it has completed the acquisition of the remaining interest in Grupo Gondi for $970 million plus the assumption of debt.
  • The acquisition of Grupo Gondi includes four paper mills, nine corrugated packaging plants and six high graphic plants throughout Mexico that produce sustainable packaging for a wide range of end markets in the region.
  • We are pleased to welcome the Grupo Gondi team to WestRock, said David B. Sewell, WestRock president and chief executive officer.
  • The capability and expertise that this team brings to WestRock will help us continue to provide complete packaging solutions for our customers.

Global Cast Polypropylene Film Market Report 2022: Industry Size, Analysis, Share, Trends, Opportunities and Forecasts, 2017-2022 & 2023-2027 - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 1, 2022

The global cast Polypropylene film market is projected to register a significant CAGR of over 6% during the forecast period, 2023-2027.

Key Points: 
  • The global cast Polypropylene film market is projected to register a significant CAGR of over 6% during the forecast period, 2023-2027.
  • The high transparency of the cast Polypropylene film against mLLDPE and LDPE and its excellent heat-sealing properties are anticipated to boost the demand for cast Polypropylene film in the upcoming five years.
  • To estimate and forecast the market size of global cast polypropylene film market from 2023 to 2027 and growth rate until 2027.
  • To identify key sustainable strategies adopted by market players in global cast polypropylene film market.

Global Contract Packaging Market Report 2022: A $104.58 Billion Market by 2027 - Industry Trends, Share, Size, Growth, Opportunities and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 1, 2022

The "Contract Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Contract Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • The global contract packaging market size reached US$ 56.46 Billion in 2021.
  • Contract packaging, also known as co-packaging, assists businesses in hiring other companies to manage their packaging and supply chain requirements.
  • What has been the impact of COVID-19 on the global contract packaging market?

WeighPack Introduces High Precision Check Weigher for Tightest Tolerances

Retrieved on: 
Thursday, December 1, 2022

WeighPack Systems WeightCheQ 0-250 features high precision electromagnetic force restoration (EMFR) weigh cell technology to achieve the highest tolerances possible while reading in three decimal points.

Key Points: 
  • WeighPack Systems WeightCheQ 0-250 features high precision electromagnetic force restoration (EMFR) weigh cell technology to achieve the highest tolerances possible while reading in three decimal points.
  • View the full release here: https://www.businesswire.com/news/home/20221201005010/en/
    The WeightCheQ 0-250 is engineered with electromagnetic force restoration (EMFR) technology to achieve incredibly tight 0.01-gram tolerances.
  • This tight tolerance level makes it the perfect choice for check weighing pharmaceuticals, cosmetics, precious metals, cannabis pre-rolls and more.
  • Paxiom is the national sales, system integration and service provider for the state-of-the-art packaging machine technology manufactured by WeighPack, ValTara and EndFlex.

Global Strapping Materials Market Report 2022: A $8.91 Billion Market by 2027 - Industry Trends, Share, Size, Growth, Opportunity and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 1, 2022

The "Strapping Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Strapping Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • The global strapping materials market reached a value of US$ 6.16 Billion in 2021.
  • Key Questions Answered in This Report:
    How has the global strapping materials market performed so far and how will it perform in the coming years?
  • What is the structure of the global strapping materials market and who are the key players?

Imperial Dade Adds Scale in Northeast, Acquires Country Clean

Retrieved on: 
Thursday, December 1, 2022

Imperial Dade, a leading distributor of foodservice packaging and janitorial supplies, today announced the acquisition of Country Clean Paper Supplies (Country Clean or the Company).

Key Points: 
  • Imperial Dade, a leading distributor of foodservice packaging and janitorial supplies, today announced the acquisition of Country Clean Paper Supplies (Country Clean or the Company).
  • The transaction represents the 58th acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dade, respectively.
  • "I enthusiastically welcome Country Clean to Imperial Dade.
  • "We are excited about the future of Country Clean under the leadership of Imperial Dade.

Hoover CS Announces Sustainability-Linked Financing with Riverstone Credit Partners

Retrieved on: 
Thursday, December 1, 2022

Hoover CS, a leading provider of sustainable packaging and fleet management solutions, announced today that it has closed on a $160 million sustainability-linked senior secured term loan with Riverstone Credit Partners L.P. (Riverstone Credit Partners), a dedicated credit investment platform focused on energy, power, decarbonization, and infrastructure managed by Riverstone Holdings LLC (Riverstone).

Key Points: 
  • Hoover CS, a leading provider of sustainable packaging and fleet management solutions, announced today that it has closed on a $160 million sustainability-linked senior secured term loan with Riverstone Credit Partners L.P. (Riverstone Credit Partners), a dedicated credit investment platform focused on energy, power, decarbonization, and infrastructure managed by Riverstone Holdings LLC (Riverstone).
  • Riverstone Credit Partners commitment of capital to Hoover CS recognizes the opportunity and importance of our mission to provide sustainable, innovative solutions that deliver attractive economics to our customers, said Kevin Friar, CEO, Hoover CS.
  • Riverstone has been a great partner to Hoover CS in the past, and this financing further aligns with our anticipated continued growth.
  • Founded in 2000, Riverstone is an investment firm focused on executing private equity and credit investments in energy, power, decarbonization and infrastructure.

Global Injection Molding Machine Market Report 2022: High Demand from Packaging Industry Drives Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 1, 2022

The "Global Injection Molding Machine Market by Machine Type (Hydraulic, All-electric, and Hybrid), Clamping Force (0-200, 201-500 and Above 500), Product Type (Plastic, Rubber, Metals), End-Use Industry (Automotive, Packaging) and Region - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Injection Molding Machine Market by Machine Type (Hydraulic, All-electric, and Hybrid), Clamping Force (0-200, 201-500 and Above 500), Product Type (Plastic, Rubber, Metals), End-Use Industry (Automotive, Packaging) and Region - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
  • The injection molding machine market is projected to reach USD 12.4 billion by 2027, at a CAGR of 3.6% from USD 10.4 billion in 2022.
  • For production, injection molding equipment is preferred because it produces parts with a high degree of precision, accuracy, and complexity at a low cost.
  • Hydraulic injection molding machine is the most popular machine type, mainly because of its long service life and wide range of applications in automotive, packaging, and consumer goods.