Day: July 14, 2022

As per the report published by Global Market Insights Inc., the global Cannabis Packaging Market was estimated at USD 151 million in 2021 and is estimated to surpass a valuation of $356.3 million by 2028, progressing at a CAGR of 11.7% from 2022 to 2028. This report offers a detailed analysis of wavering market trends, drivers & opportunities, top winning strategies, competitive scenarios, major investment pockets, and market size & estimations.

Growing awareness of the positive effects of cannabis in medical treatments, along with the formulation of numerous drugs, has boosted the consumption of cannabis ingredients in the medical industry, which is propelling market growth. For instance, the U.S. Food and Drug Administration (FDA) approved the usage of medications prepared using Tetrahydrocannabinol (THC) like nabilone and dronabinol to treat nausea in patients undertaking chemotherapy as well as to enhance appetite in patients with Acquired Immune Deficiency Syndrome (AIDS) who showcase wasting syndrome. Likewise, consuming cannabis in the form of smoking or a beverage causes intoxication & euphoria without harm, which has led numerous countries to legalize it for recreational purposes. Therefore, rising demand for cannabis products in these regions is anticipated to significantly drive the cannabis packaging market revenue over the forecast timespan.

Cannabidiol oil offers many advantages, such as treating pain & some mental health disorders, reducing cancer-related symptoms, avoiding side effects of cancer treatment like vomiting, nausea, and pain, and benefiting the heart & circulatory system. Cannabidiol oil is usually packaged in glass material, which is bolstering the demand for glass cannabis packaging. Glass jars or bottles are airtight, completely moisture-resistant, and odor-resistant storage solutions that are manufactured from high-grade hygienic glass, which would further fuel product adoption. The glass material segment is set to progress at a CAGR of over 11.8% through the assessment period.  

Meanwhile, the plastics material segment dominated the cannabis packaging market in 2021 and is slated to register notable revenue growth through 2028. Plastic packaging is considerably economical, cost-effective, and sturdier, which is foreseen to impel segmental growth in the forthcoming years.

Key reasons for cannabis packaging market growth:

1. Increasing legalization of cannabis for medical use.
2. Surging adoption of glass in cannabis packaging.
3. Growing consumer preference for cannabis flower.

2028 forecasts show the “flower” segment retaining its dominance:

Based on cannabis form, the cannabis packaging industry share from the flower segment is expected to grow at a CAGR of more than 12.0% from 2022 to 2028. Prevalent legalization of cannabis for medical purposes in major states of the U.S., such as Florida, Colorado, California, and Washington, has aided the uptake of cannabis flower, which is likely to impel segmental growth over the forthcoming years.

North America to continue its top status in terms of revenue: In the regional landscape, the North America cannabis packaging market is projected to hold approximately 93.0% market share by 2028. Rising government support and initiatives in several U.S. states have led to the legalization of cannabis. The U.S. offers lucrative opportunities for many start-ups to enter the regional market and provide cannabis packaging services at competitive prices to fulfill the mounting demand. Factors like these are estimated to enhance cannabis packaging market growth in the future.

Impact of COVID-19 pandemic on cannabis packaging market        

Declaration of lockdowns after the COVID-19 outbreak boosted the uptake of cannabis products for both medical and recreational purposes. Several retail stores across various states of the U.S. witnessed heavy traction for cannabis products due to consumers’ fear regarding the shortage of cannabis products, which led to mass consumption of cannabis. Cannabis products reported the highest retail sales in March 2020, creating a massive demand for cannabis packaging during the COVID period.

Leading market players

Key market players analyzed in the cannabis packaging market report include Green Rush Packaging, Berry Global Inc., Cannaline Cannabis Packaging Solutions, Kaya Packaging, Max Bright Packaging Ltd, Pollen Gear, KushCo Holdings Inc., Dymapak, Drug Plastics Group, Impak Corporation, N2 Packaging, Diamond Packaging, Packaging Bee, and others.

Source:

https://www.packagingstrategies.com/articles/96956-the-cannabis-packaging-market-would-exceed-3563-million-by-2028-says-global-market-insights-inc

Jim Hardisty, Managing Director of Goplasticpallets.com – The Responsible Plastic Pallet Company says that organisations and consumers need to fully embrace a plastic circular economy sooner rather than later to help tackle plastic pollution.

In a recent article published on Circular online, the Sustainability Director at The Consumer Goods Forum, Ignacio Gavilan, highlighted the need to make a plastic circular economy the norm.

Jim Hardisty said, “I wholeheartedly agree with the comments made by Ignacio Gavilan in this article. We desperately need more consumers, businesses, and policy makers to buy into a plastic circular economy. The current ‘take, make, dispose’ culture we have come to adopt when using plastic just isn’t sustainable and is damaging the planet, almost beyond repair. Plastic isn’t necessarily the problem, but plastic waste is.

“As the UK’s leading supplier of plastic pallets, pallet boxes, and containers, we are passionate about plastic. Since we started Goplasticpallets.com in 2001, we have seen the infinite value of plastic and know that it’s strength, light weight, and durability make it an extremely useful and sustainable solution for our customers.

“While there is lots of talk about reducing plastic pollution, much of the noise seems to focus largely on reducing plastic usage. Embedding a culture where we reuse and recycle plastic seems to be where we are falling short. Something needs to change, and the sooner we all adopt the ‘reduce, reuse, recycle’ principles of the circular economy, the sooner we’ll see a change in the levels of plastic waste.”

Another recent report released by the OECD (Organisation for Economic Co-operation and Development) predicted that global plastic waste will almost triple by 2060.

Jim continued, “It is shocking to read that plastic pollution could almost triple within the next 40 years. That is why it is imperative we find effective solutions to stop this from happening.

“When we launched our pioneering recycling scheme in 2019, we decided to take action. We assumed responsibility for all the plastic products we supplied and created a closed loop. We pledged to recycle unwanted or unused plastic pallets, boxes, and containers by returning them to our manufacturing partner in Belgium. Once at the factory, the old plastic products are ground down and turned into new recycled pallets. This not only prevents our products from entering waste streams, but this process is kinder to the environment.

“Every 1 tonne of recycled plastic saves around 2 tonnes of CO2 emissions, 5,774 kilowatt-hours of energy, 16.3 barrels of oil, 98 million BTUs of energy and 22 cubic meters of landfill. The aim must be a world where we reuse and recycle existing plastic into useful new products.”

In addition to the environmental benefits of a circular economy, reports suggest it can generate considerable cost savings too.

Research by the Ellen MacArthur Foundation shows that circular practices could save a section of the EU manufacturing sector up to $630 billion each year. While another report by McKinsey outlines how circular systems could boost Europe’s resource productivity by 3% by 2030 – generating cost savings of €600 billion a year and €1.8 trillion more in other economic benefits.

If you and your business would like to experience the environmental and financial benefits of plastic pallets, please get in touch with one of the experts at Goplasticpallets.com on 01323 744057 or by emailing sales@goplasticpallets.com.

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• Orange Smoke and Sur ma Peau are two new Eaux de Toilette by the Belgian designer Dries Van Noten
• The 200ml fragrances are bottled in recyclable glass, a first for Dries Van Noten as the industry focus on sustainability grows.

With an ever-growing focus on sustainable packaging within the perfume and cosmetics industry, Dries Van Noten’s new fragrances are a perfect match for Stoelzle Masnières Parfumerie’s premium, yet recycled glass bottles. The fragrances feature fresh, luminous overtones and lasting radiance, designed to be worn on their own or layered over the Eaux de Parfum collection.

Creative director Dries Van Noten’s passion for flowers spilled into the inspiration for his latest fragrance launch. Given that Van Noten cultivates a magnificent flower garden in his Antwerp home, he became inspired to collaborate with perfumer Annick Menardo in creating Orange Smoke, Menardo combined the purity of an orange blossom with the mineral facet of incense. For Sur Ma Peau, Van Noten worked with Quentin Bisch, who contrasted two strong sensations, bergamot and vanilla.

A strong collaboration between the Dries Van Noten and Stoelzle Masnières Parfumerie’s development teams led to new opportunities to focus on sustainable packaging:

• Adjusting the “clockwork”-type ring with notches previously used for the 100 ml EDP.
• The engraved finish of the letters has been meticulously defined, to give the bottle an even more
  distinguished and exceptional character.
• Numerous lacquering adjustments achieved the desired look. Shades slightly overlap, creating a subtle colour gradient. The fusion of two opposing shades, which influenced each other, needed to be completed without distortion.

Stoelzle provided an elegant, recyclable glass bottle in a 200ml format, ready for distribution in the EU, UK and USA, as well as online through the brand website, www.driesvannoten.com

In early March, the Belgian designer Dries Van Noten unveiled his beauty collection of perfumes and make-up at Paris Fashion Week, including his 100 ml Eaux de Parfum line carried out by Stoelzle Masnières Parfumerie: Jardin de l’Orangerie, Néon Garden, Rosa Carnivora, Raving Rose, Cannabis Patchouli, Santal Greenery, Voodoo Chile, Rock the Myrrh, Fleur du Mal, Soie Malaquais. As of 2018, Dries Van Noten is part of PUIG, a third-generation family-owned fashion and fragrance business based in Barcelona.

www.stoelzle.com/beauty

www.linkedin.com/company/stoelzle-masnieres-parfumerie/

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Caps and bottles are now inseparable – especially when it comes to recycling

Due to an impending directive set forth by the European Union (EU), tethered caps which remain permanently attached to the bottle after opening and during use will soon be widely available for consumers across Europe. The aim of the new directive is to prevent unintended environmental waste and facilitate the recycling of caps and closures alongside their containers. A multinational beverage manufacturer shares the EU’s commitment and has introduced tethered caps from Affaba & Ferrari™, an innovative TriMas Packaging brand, for its iced tea brand.

In July 2024, the EU directive on tethered caps will be coming into full force. It states that caps must be firmly attached to disposable beverage containers, including composite packaging such as beverage cartons with a volume of up to three litres. The goal is to encourage the collection and recycling of caps together with the bottle and prevent environmental pollution, at times caused by discarded caps.  A leading global beverage manufacturer shares the EU’s views and is strongly committed to protecting the environment. The company has set the goal of reducing the impact of its bottles on the environment, while offering its customers an opportunity to enjoy their drinks sustainably. With Affaba & Ferrari’s™ new 1P23 tethered cap, the established beverage manufacturer has found the perfect solution to meet the upcoming directive as well as its own sustainability goals.

Progressive design fulfills both sustainability requirements and customer demand

Affaba & Ferrari™ specializes in the production of precision caps and closures used in food, beverage, agrochemical and industrial applications. Its latest product, the tethered cap, supports companies in meeting their sustainability goals. “Bottle caps can in fact be recycled but they are often lost, discarded or simply end up as waste. The design of our tethered caps goes a long way toward ensuring this will no longer occur,” explains Guglielmo Ferrari, Plant Manager at Affaba & Ferrari™. The new tethered cap closure is attached to a safety ring through a tab which enables an ideal opening position, allowing the consumer to easily drink out of the bottle, while guaranteeing that it cannot separate from the container and be discarded. Additionally, the innovative, lightweight cap with a horizontal hinge is suitable for aseptic filling and is fully customizable to enhance the customer’s brand identity.

Entire beverage portfolio to be equipped with tethered caps over time

The beverage manufacturer has already launched the tethered cap in the Italian market, beginning with its iced tea brand. With the introduction of the new caps, the company has also reduced the amount of plastic required for each iced tea bottle cap by 14%. This is only one of the first steps in the company’s strategy to drive forward a circular economy for its plastic products. Just recently, the well-known beverage manufacturer announced its plans to use at least 50% recycled material in its packaging by 2030. It also plans to make its packaging 100% recyclable by 2025.

“Thanks to our innovative product, discarded caps are now becoming a thing of the past and will no longer contribute to environmental pollution. We are delighted and honoured that a world-renowned beverage manufacturer is impressed with our innovation,” says Ferrari. “We look forward to supporting the company in achieving its sustainability targets in the future.”

For more information, please visit www.trimaspackaging.com

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Household recycling is failing to address the plastic pollution problem, according to a hard-hitting The Big Plastic Count survey.

The report claimed the UK’s recycling systems cannot cope with the amount of plastic packaging waste leaving households – estimated to be a staggering 1.85 billion pieces per week – and insists only 12% of that is likely to be recycled in the UK.

In May nearly a quarter of a million people (248,957) from 97,948 UK households took part in the survey; on average, each household threw away 66 pieces of plastic packaging in one week, amounting to an estimated 3,432 pieces a year – which amounts to an estimate of 1.85 billion pieces of plastic packaging thrown in the bin per week, equating to 96.57 billion pieces a year in the UK.

Food and drink packaging made up an overwhelming majority (83%) of the waste generated during the count.

The report said supermarket giants are responsible for a significant amount of this packaging waste.

The most commonly counted items were fruit and vegetable packaging (1.02 million pieces), closely followed by snack bags, packets and wrappers (1.01 million pieces).

With estimates suggesting only 12% of this plastic waste will be  likely to be recycled at reprocessing facilities in the UK, more (17%) will be shipped overseas – with no guarantee where it ends up, and almost half (46%) of the UK’s household plastic waste is being incinerated, with the remaining 25% buried in landfill.

The majority of the plastic packaging waste thrown away by UK households is not commonly collected for recycling at the kerbside; around 62% of recorded pieces of plastic are either not collected or poorly collected by UK local authorities.

Soft plastics and plastic film are hard to recycle and accounted for the majority of pieces thrown away by participants (57%). Only 13% of local authorities collect soft plastic and this is often limited to a small number of soft plastic items, such as carrier bags, bread bags, banana bags and toilet roll wrappers.

“Too much focus is placed on recycling and making plastic recyclable, rather than reducing plastic in the first place,” read the report. “Recycling plastics is not the silver bullet that many think it is. A circular economy needs to be built around materials that can be reused and recycled many times over, which most plastic cannot.”

It added: “The only solution to plastic pollution is stopping our reliance on plastic. This means rapidly transitioning to reusable packaging which caters to everyone’s needs.”

The report also heavily criticised the repeated delays in implementing a deposit return scheme, as well as the promised new Extended Producer Responsibility requirements, and chastised the reliance on incineration and landfill sites.

Source:

https://www.packagingnews.co.uk/news/markets/household-products/major-survey-finds-household-recycling-failing-to-address-plastic-pollution