The Most Reliable Packaging Companies, january2022 - Insights Success

 

If we stop for a moment and think of the role packaging plays in our lives, we may be amazed. Packaging is everywhere as we might be handling a lot many bags, boxes, coffee pods, transparent plastic films, plastic cups, pouches, takeout containers, wrappers etc. Our day might be starting with milk bags and maybe ending with the pocket of betelnuts. 

Over the years, with our changing lifestyle, packaging has tremendously evolved. In the last two years, it has evolved faster than our habits. Because it must be at the forefront of every change as it affects other industries depending on it. Like fast-moving consumer goods, foods and beverages and healthcare, to name a few. 

There were a few significant ways packaging has evolved during the pandemic. The first major change was the packaging industry’s adoption of digital technology to handle the increasingly complex ways of manufacturing demands. A McKinsey study states that many companies have transitioned their supply chains entirely and twenty to twenty-five times more quickly than everybody thought possible earlier. The packaging industry is now using many digital tools like smart sensors, automated machines, IoT tech, 3D digital printers, etc., to cope with the changing demands. 

The second major shift is due to the booming of the e-commerce industry. More people are staying home and ordering everything online. This has put tremendous demand on the packaging manufacturers to develop new, more cost-effective materials like re-usable paper packaging, more sustainable, easy-to-use and easy-to-recycle containers. 

The third major change is that the drive for sustainability is challenging the supply chain model in developing new communication tech, logistics methods, materials, and sources. It simply means that the packaging industry has to handle more complex issues in production, storage and transportation. Issues like material durability, reusability, and capability of handling wear and tear problems of temperature, weight, and size. 

It is immensely satisfying to know that the packaging industry is taking up every challenge with renewed enthusiasm with all these turnarounds. They are not only meeting every demand and expectation of other industries and consumers alike but also enhancing their trust, faith, and reliability quotient amidst the turbulent times of pandemic by meeting the ever-escalated approval benchmarks.

In this edition, ‘The Most Reliable Packaging Companies, ’Insights Success highlights the revolutionary steps taken by the packaging industry and reveals their prospectus with the sagacity of this sector.

 

Read on to enjoy the many stories of innovations by the leading companies in the niche!