Amcor

Global Sustainable Packaging Market Outlook & Forecast 2024-2029: A USD 491.75 Billion Market in 2029, Registering a CAGR of 7.44% from 2023-2029 - ResearchAndMarkets.com

Retrieved on: 
Friday, March 15, 2024

The global sustainable packaging market was valued at USD 319.62 billion in 2023 and is expected to grow to USD 491.75 Billion in 2029, at a CAGR of 7.44% from 2023-2029.

Key Points: 
  • The global sustainable packaging market was valued at USD 319.62 billion in 2023 and is expected to grow to USD 491.75 Billion in 2029, at a CAGR of 7.44% from 2023-2029.
  • The global sustainable packaging market is witnessing a dynamic and competitive landscape driven by the growing global emphasis on environmental conservation and corporate social responsibility.
  • During the forecast period, the plastic segment will likely grow at the highest CAGR in the global sustainable packaging market.
  • The global sustainable packaging market by packaging type is segmented into rigid and flexible packaging.

Digital Printing Packaging Market worth $46.2 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, April 5, 2024

One of the key drivers of the rapid growth of inkjet printing in the packaging industry is its ability to handle short print runs and variable data printing efficiently.

Key Points: 
  • One of the key drivers of the rapid growth of inkjet printing in the packaging industry is its ability to handle short print runs and variable data printing efficiently.
  • Variable data printing (VDP) provides packaging manufacturers with greater flexibility and efficiency in managing inventory and production.
  • The Asia Pacific region is witnessing significant investments in infrastructure and technological advancements, further driving the growth of the digital printing packaging market.
  • Governments and industry players are increasingly investing in modern printing facilities, digital printing equipment, and research and development initiatives to enhance printing capabilities, improve print quality, and reduce production costs, thereby boosting the adoption of digital printing technology in the packaging industry.

Digital Printing Packaging Market worth $46.2 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, April 5, 2024

One of the key drivers of the rapid growth of inkjet printing in the packaging industry is its ability to handle short print runs and variable data printing efficiently.

Key Points: 
  • One of the key drivers of the rapid growth of inkjet printing in the packaging industry is its ability to handle short print runs and variable data printing efficiently.
  • Variable data printing (VDP) provides packaging manufacturers with greater flexibility and efficiency in managing inventory and production.
  • The Asia Pacific region is witnessing significant investments in infrastructure and technological advancements, further driving the growth of the digital printing packaging market.
  • Governments and industry players are increasingly investing in modern printing facilities, digital printing equipment, and research and development initiatives to enhance printing capabilities, improve print quality, and reduce production costs, thereby boosting the adoption of digital printing technology in the packaging industry.

Global Sustainable Packaging Market Report, Featuring Profiles of Amcor, Ardagh, Billerud, DS Smith, International Paper, Huhtamaki, Sonoco Products, Sealed Air Corporation, Smurfit Kappa and WestRock

Retrieved on: 
Wednesday, March 13, 2024

The global sustainable packaging market is witnessing a dynamic and competitive landscape driven by the growing global emphasis on environmental conservation and corporate social responsibility.

Key Points: 
  • The global sustainable packaging market is witnessing a dynamic and competitive landscape driven by the growing global emphasis on environmental conservation and corporate social responsibility.
  • The surge in pouch packaging across various industries is a compelling driver in the sustainable packaging market.
  • During the forecast period, the plastic segment will likely grow at the highest CAGR in the global sustainable packaging market.
  • The global sustainable packaging market by packaging type is segmented into rigid and flexible packaging.

Lubrication Engineers Names Roy Banes as New CFO; Pat Kraus Retires After 21 Years

Retrieved on: 
Tuesday, March 12, 2024

WICHITA, Kan., March 12, 2024 /PRNewswire-PRWeb/ -- Lubrication Engineers, Inc. is pleased to announce that Roy Banes has joined the company as its new chief financial officer. Following a notable tenure of 21 years as LE's CFO, Pat Kraus will be retiring in April after working with Roy to ensure a smooth transition.

Key Points: 
  • Lubrication Engineers introduces Roy Banes as chief financial officer, replacing Pat Kraus, who is retiring after 21 years as LE's CFO.
  • WICHITA, Kan., March 12, 2024 /PRNewswire-PRWeb/ -- Lubrication Engineers, Inc. is pleased to announce that Roy Banes has joined the company as its new chief financial officer.
  • Following a notable tenure of 21 years as LE's CFO, Pat Kraus will be retiring in April after working with Roy to ensure a smooth transition.
  • His breadth of experience in manufacturing organizations will serve him well in his role with Lubrication Engineers.

Growth Opportunities and Business Models Driving Sustainability in Pharmaceuticals Industry: Eco-friendly Products, Design Innovation, and Multi-Stakeholder Partnerships Supporting Initiatives - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 28, 2024

The "Growth Opportunities and Business Models Driving Sustainability in Pharmaceuticals Industry" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Growth Opportunities and Business Models Driving Sustainability in Pharmaceuticals Industry" report has been added to ResearchAndMarkets.com's offering.
  • The pharmaceutical (pharma) industry is undergoing significant regulatory changes resulting from the European Green Deal and the Paris Agreement.
  • The study discusses key trends and factors driving the growth of the sustainability program as well as restraints to adoption and their implications.
  • Pharma industry companies to action in the sustainability space are provided, and the ESG programs are mapped against the 6P framework.

Cheer Pack North America with Stonyfield and Amcor to Launch the First All-PE Mono-Material Recycle-Ready Spouted Pouch called CHEERCircle™

Retrieved on: 
Monday, February 26, 2024

WEST BRIDGEWATER, Mass., Feb. 26, 2024 /PRNewswire-PRWeb/ -- Cheer Pack North America (CPNA), the leading manufacturer of spouted pouch packaging, collaborating with Amcor, the leading flexible film manufacturer, proudly announces a groundbreaking innovation in sustainable packaging for Stonyfield® Organic, the country's leading organic yogurt makers. This exciting development called CHEERCircle™ All-PE recycle-ready spouted pouch as part of the CPNA Sustainability+ offering, marks a significant step towards a more eco-friendly packaging future.

Key Points: 
  • Cheer Pack North America (CPNA), the leading manufacturer of spouted pouch packaging, collaborating with Amcor, the leading flexible film manufacturer, proudly announces a groundbreaking innovation in sustainable packaging for Stonyfield® Organic, the country's leading organic yogurt makers.
  • WEST BRIDGEWATER, Mass., Feb. 26, 2024 /PRNewswire-PRWeb/ -- Cheer Pack North America (CPNA), the leading manufacturer of spouted pouch packaging, collaborating with Amcor, the leading flexible film manufacturer, proudly announces a groundbreaking innovation in sustainable packaging for Stonyfield® Organic, the country's leading organic yogurt makers.
  • This exciting development called CHEERCircle™ All-PE recycle-ready spouted pouch as part of the CPNA Sustainability+ offering, marks a significant step towards a more eco-friendly packaging future.
  • To learn more about Cheer Pack North America's flexible spouted pouch and cap Sustainability+ innovative packaging, please visit www.cheerpack.com or call 1-888-593-2214.

Sustainable Plastic Packaging Market to $189.0B by 2034 Amid Rising Demand and Regulatory Compliance

Retrieved on: 
Wednesday, February 7, 2024

The sustainable plastic packaging market is expected to be valued at US$ 106.4 billion in 2024.

Key Points: 
  • The sustainable plastic packaging market is expected to be valued at US$ 106.4 billion in 2024.
  • Request Exclusive Sample Report: Sustainable Plastic Packaging Industry Strategic Insights, https://www.futuremarketinsights.com/reports/sample/rep-gb-18955
    Sustainability measures are significantly impacting the packaging sector, and suppliers require sustainable packaging solutions .
  • Thus, suppliers can market the multiple benefits of sustainable plastic packaging," says Ismail Sutaria (Lead Consultant, Packaging and Materials).
  • The sustainable plastic packaging market is anticipated to reach a value of US$ 106.4 billion in 2024.

Sustainable Plastic Packaging Market to $189.0B by 2034 Amid Rising Demand and Regulatory Compliance

Retrieved on: 
Wednesday, February 7, 2024

The sustainable plastic packaging market is expected to be valued at US$ 106.4 billion in 2024.

Key Points: 
  • The sustainable plastic packaging market is expected to be valued at US$ 106.4 billion in 2024.
  • Request Exclusive Sample Report: Sustainable Plastic Packaging Industry Strategic Insights, https://www.futuremarketinsights.com/reports/sample/rep-gb-18955
    Sustainability measures are significantly impacting the packaging sector, and suppliers require sustainable packaging solutions .
  • Thus, suppliers can market the multiple benefits of sustainable plastic packaging," says Ismail Sutaria (Lead Consultant, Packaging and Materials).
  • The sustainable plastic packaging market is anticipated to reach a value of US$ 106.4 billion in 2024.

Amcor reports first half and second quarter result for fiscal 2024

Retrieved on: 
Tuesday, February 6, 2024

ZURICH, Feb. 6, 2024 /PRNewswire/ -- 

Key Points: 
  • This reflects a combination of lower consumer and customer demand, as well as destocking through the half, which also accelerated considerably in the December quarter.
  • This mainly reflects incrementally weaker consumer and customer demand in key categories relative to the September quarter and significant destocking.
  • In comparable constant currency terms, the Company expects third quarter adjusted EPS to be mid single digit % lower compared to the third quarter of fiscal 2023, and fourth quarter adjusted EPS to be up mid single digit % higher than the fourth quarter of fiscal 2023.
  • Amcor is hosting a conference call with investors and analysts to discuss these results on February 6, 2024 at 5.30pm US Eastern Standard Time / February 7, 2024 at 9.30am Australian Eastern Daylight Time.