The APPMA, in conjunction with the AIP, will be running a technical dinner on the 13th of April at Box Hill Golf Course, Victoria on ‘Global Packaging Trends – Global Growth Markets for Packaging’.
The evening will be discussing the newly released Global Packaging Trends Report which is a market research study highlighting future packaging demand, product categories and opportunities for growth in packaging among fast-growing and maturing world economies.
Mark Dingley, Chairman of the APPMA, will speak to key trends that have been identified in the report including the three influencers making a mark in every region:
- Growing consumer awareness of health and wellness;
- Stronger influence of recycling and environmental issues;
- Increasing disposable income and purchasing power.
Other important regional trends that will be discussed in the presentation will include how globally, the report notes flexible plastic remains the dominant pack type, accounting for 29 per cent of the market, while PET bottles (12 per cent of the market) will be among the fastest growing, with 4.7 per cent CAGR. Bottled water is expected to add 135 billion units through 2019, accounting for 54 per cent of the absolute volume growth in PET bottle use. While beverage packaging drives growth in PET and glass, categories such as confectionery and biscuits prop up flexible packaging use.