Flexible packaging industry is a supporting arm of the retail and consumer goods industry. Flexible packing
products are made from elastic materials, mainly plastic to easily fill
a wide range of different products comfortably. These products in the
flexible packaging market include bags, wraps, stretch films, trash
bags, etc.
Currently, the flexible packaging market
is a mix of lucrative opportunities and a few worrisome trends.
Increasingly stringent environmental regulations are constricting
plastic bag sales and pose a challenge to the growth of the flexible
packaging market. On the other hand, innovations like advancements in
printing are allowing flexible packaging market to reach greater
heights.
Some notable developments in the market are mentioned below:
- Uteco Converting, a global manufacturer of printing machines recently signed an agreement with Kodak. The agreement allowed Uteco to purchase Kodak’s advanced inkjet printing systems. These printing system promises to showcase new prospects for the flexible packaging market.
It features mainstream commercial
application for printing and packaging with 600 x 1800 dpi resolution
and manufacturing speeds of 150m/minute. Additionally, it offers higher
resolution, additional detailing, and clean lines for labelling and
promotions. Moreover, it will allow retailers and brands to use
water-based inks on both paper and plastics. This acquisition promises
rewarding opportunities for end-use industries reliant on flexible
packaging market for promotions.
-
Uflex, a flexible packaging company based in India has introduced a new packaging recycling solution, which consists of using Multi-layer Packaging (MLP) waste is recycled into pellets. The recycling machine enables production of various products such as floor tiles, benches, and ladders through recycled pallets. The machine can clock 400 meters per minute.
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