FMCG

Raw Material Price Volatility Challenges the Global Industrial Packaging Market Despite Rising Demand from Key Industries - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 9, 2023

Industrial packaging encompasses specialized, durable packaging solutions designed for the wrapping, containment, and sealing of FMCG during storage and distribution.

Key Points: 
  • Industrial packaging encompasses specialized, durable packaging solutions designed for the wrapping, containment, and sealing of FMCG during storage and distribution.
  • The global industrial packaging market is segmented by material type into seven categories: corrugated boxes, intermediate bulk containers (IBC), sacks, drums, pails, crates, and others.
  • Protective industrial packaging is also essential for the secure transportation of goods, including potential product returns, further boosting the industrial packaging market.
  • As raw material costs increase, so do industrial packaging prices, hindering market growth.

Scania and sennder establish JUNA, a joint venture to drive large-scale electric truck adoption and accelerate decarbonisation of European road logistics

Retrieved on: 
Wednesday, November 8, 2023

SÖDERTÄLJE, Sweden, Nov. 8, 2023 /PRNewswire/ -- Scania CV AB and sennder Technologies GmbH, a leading digital road freight forwarder, announce today that they have formed JUNA, a joint venture company to lead the way for electric solutions in road freight logistics across Europe.

Key Points: 
  • SÖDERTÄLJE, Sweden, Nov. 8, 2023 /PRNewswire/ -- Scania CV AB and sennder Technologies GmbH, a leading digital road freight forwarder, announce today that they have formed JUNA, a joint venture company to lead the way for electric solutions in road freight logistics across Europe.
  • The joint venture, that just recently launched in Germany, aims to advance electric truck adoption to drive the transition towards a sustainable logistics industry, in line with ACEA/PIC joint statement that "by 2040 all new commercial vehicles sold must be fossil free".
  • By offering access to guaranteed loads on sennder's digital platform JUNA removes the obstacles of electric truck adoption for its customers.
  • The two parties signed a joint venture agreement in May this year and have obtained necessary approval from the relevant competition authorities.

Cambri Debuts Launch AI™ to Revolutionize New Product Development for CPG Brands by Exponentially Increasing Product Launch Success Rates

Retrieved on: 
Tuesday, November 7, 2023

HELSINKI, Finland, Nov. 7, 2023 /PRNewswire-PRWeb/ -- Cambri, an innovative research technology and consumer insights platform, today announced the U.S. launch of its cutting-edge product development solution, Launch AI™. This proven technology has revolutionized new product development (NPD) success rates for CPG and FMCG brands, elevating them from the industry standard of 5-25% to a strong 73%. Now available across the U.S., Launch AI™ employs iterative testing, data, and AI-powered launch predictions and advice.

Key Points: 
  • This proven technology has revolutionized new product development (NPD) success rates for CPG and FMCG brands, elevating them from the industry standard of 5-25% to a strong 73%.
  • With the introduction of Launch AI™, brands can challenge the status quo and solve the NPD failure problem that has been widely accepted for too long.
  • With Launch AI™, Cambri seeks brands willing to challenge the status quo: of the 30,000 new products launched annually, 95% fail.
  • Some reports claim over $500,000 in development costs and 50 days of lost staff hours from each failed product launch.

GXO strengthens logistics for The Quality Group

Retrieved on: 
Monday, October 30, 2023

“We are excited to partner with The Quality Group to support fulfilment operations for its customers in Germany,” said Heiko Oberländer, Managing Director Germany, GXO.

Key Points: 
  • “We are excited to partner with The Quality Group to support fulfilment operations for its customers in Germany,” said Heiko Oberländer, Managing Director Germany, GXO.
  • “This new partnership is a perfect fit because GXO and The Quality Group share a commitment to outstanding efficiency and customer service.
  • The Düsseldorf region – a logistic hot spot in Germany - is an ideal location from where GXO is able to fulfil the end-customer demand of the The Quality Group.
  • For outbound, GXO will pick, pack, conduct quality checks and scan boxes onto trucks for shipment to consumers in Germany.

Asia Pacific Dominates Global Liquid Carton Market with Sustainability Focus, Tetra Pak Leads Key Players - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 1, 2023

By Shelf Life: The market is divided into two segments: Aseptic Liquid Carton and Fresh Liquid Carton.

Key Points: 
  • By Shelf Life: The market is divided into two segments: Aseptic Liquid Carton and Fresh Liquid Carton.
  • By Type: The market is segmented into Brick liquid carton, gable top carton, and shaped liquid carton, with the brick liquid carton segment leading in market share, followed by gable top and shaped liquid cartons.
  • The global liquid carton market is categorized into five regions: North America, Europe, Asia Pacific, Middle East & North Africa, and Latin America.
  • Tetra Pak (Tetra Laval Group) dominates the global liquid carton market, holding approximately two-thirds of the market share.

Global Liquid Carton Market Surges as Health & Wellness Trends Propel Growth, Projected to Reach $15.64 Billion in Value and 246.60 Billion Units by 2023 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 1, 2023

By Shelf Life: The global liquid carton market is categorized into two segments based on shelf life: aseptic liquid cartons and fresh liquid cartons.

Key Points: 
  • By Shelf Life: The global liquid carton market is categorized into two segments based on shelf life: aseptic liquid cartons and fresh liquid cartons.
  • By Type: In terms of type, the market is divided into three segments: brick liquid carton, gable top carton, and shaped liquid carton.
  • The brick liquid carton segment dominates the market, followed by the gable top carton and shaped liquid carton segments.
  • Tetra Pak (Tetra Laval Group) dominates the global liquid carton market, holding approximately two-thirds of the market share.

Enterprise Resource Planning Software Market Size to Grow by USD 29,213.61 million From 2022 to 2027, The increasing demand for ERP software from SMEs to drive the market growth - Technavio

Retrieved on: 
Thursday, November 2, 2023

Embedded data analytics features are an emerging trend driving the enterprise resource planning (ERP) software market growth.

Key Points: 
  • Embedded data analytics features are an emerging trend driving the enterprise resource planning (ERP) software market growth.
  • Modern ERP systems leverage transactional ERP data and in-memory computing to allow advanced reporting and analytics of data.
  • The increasing number of cyberattacks on ERP software may hinder the enterprise resource planning (ERP) software market growth.
  • The rise in the adoption of enterprise labelling is notably driving the enterprise labelling software market growth.

Pharmaceutical Contract Packaging Market to Reach US$12 Billion by 2033, Driven by Innovations in Drug Packaging | Future Market Insights, Inc.

Retrieved on: 
Thursday, October 26, 2023

NEWARK, Del., Oct. 26, 2023 /PRNewswire/ -- By the end of the year 2022, the net worth of the pharmaceutical contract packaging market was reported to have reached US$ 5.6 billion. As per our market analysis, the worldwide demand for pharmaceutical contract packaging could expand at an average of 7.5% from 2023 to 2033. By 2033, the adoption of pharmaceutical contract packaging is projected to be worth around US$ 11.9 billion, growing from US$ 6.1 billion in 2023.

Key Points: 
  • Pharmaceutical Contract Packaging Market Report: Segmentation by Packaging, Containers, and Closures, Growth Opportunities, and Revenue Forecast, 2023-2033
    NEWARK, Del., Oct. 26, 2023 /PRNewswire/ -- By the end of the year 2022, the net worth of the pharmaceutical contract packaging market was reported to have reached US$ 5.6 billion.
  • As per our market analysis, the worldwide demand for pharmaceutical contract packaging could expand at an average of 7.5% from 2023 to 2033.
  • By 2033, the adoption of pharmaceutical contract packaging is projected to be worth around US$ 11.9 billion, growing from US$ 6.1 billion in 2023.
  • The global market for pharmaceutical contract packaging services is highly fragmented and competitive due to several global and local operators.

Pharmaceutical Contract Packaging Market to Reach US$12 Billion by 2033, Driven by Innovations in Drug Packaging | Future Market Insights, Inc.

Retrieved on: 
Thursday, October 26, 2023

NEWARK, Del., Oct. 26, 2023 /PRNewswire/ -- By the end of the year 2022, the net worth of the pharmaceutical contract packaging market was reported to have reached US$ 5.6 billion. As per our market analysis, the worldwide demand for pharmaceutical contract packaging could expand at an average of 7.5% from 2023 to 2033. By 2033, the adoption of pharmaceutical contract packaging is projected to be worth around US$ 11.9 billion, growing from US$ 6.1 billion in 2023.

Key Points: 
  • Pharmaceutical Contract Packaging Market Report: Segmentation by Packaging, Containers, and Closures, Growth Opportunities, and Revenue Forecast, 2023-2033
    NEWARK, Del., Oct. 26, 2023 /PRNewswire/ -- By the end of the year 2022, the net worth of the pharmaceutical contract packaging market was reported to have reached US$ 5.6 billion.
  • As per our market analysis, the worldwide demand for pharmaceutical contract packaging could expand at an average of 7.5% from 2023 to 2033.
  • By 2033, the adoption of pharmaceutical contract packaging is projected to be worth around US$ 11.9 billion, growing from US$ 6.1 billion in 2023.
  • The global market for pharmaceutical contract packaging services is highly fragmented and competitive due to several global and local operators.

Toluna Appoints Dixit Chanana to Lead India Business for Toluna and MetrixLab Offices

Retrieved on: 
Tuesday, October 24, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231023136088/en/
    Dixit Chanana named Managing Director of Toluna and MetrixLab India offices (Photo: Business Wire)
    As the integration process continues to progress, Toluna is excited to announce the appointment of Dixit Chanana as Managing Director of Toluna and MetrixLab India offices.
  • In the new role, Dixit will head up commercial activities for both entities and consolidate and build the client base in India and South Asia markets, including Bangladesh, Sri Lanka, and Pakistan.
  • Dixit brings a wealth of experience from over 20 years in market research, sales, business expansion, brand building, and team leadership.
  • Based in Gurugram, Dixit joined Toluna in 2020 as the Country Director for India office and has successfully established Toluna as a leader in technology-driven, agile online research companies in India.