{"id":620,"date":"2017-05-03T13:41:51","date_gmt":"2017-05-03T13:41:51","guid":{"rendered":"http:\/\/www.hofferplastics.com\/?p=620"},"modified":"2025-08-08T11:40:11","modified_gmt":"2025-08-08T16:40:11","slug":"the-megatrends-that-are-reshaping-food-and-beverage-packaging","status":"publish","type":"post","link":"https:\/\/hofferplastics.com\/press-release\/the-megatrends-that-are-reshaping-food-and-beverage-packaging\/","title":{"rendered":"Megatrends Reshaping Food and Beverage Packaging"},"content":{"rendered":"\r\n<p>Plastics and packaging are nearly synonymous. Packaging of all types from food and beverage to consumer goods to durables\u00a0makes use of plastics because of its durability, consumer friendliness, sustainability and\u00a0recyclability into myriad new products.<\/p>\r\n<p>PET is one of the primary materials used for packaging, and the PET packaging marketing is forecast to reach 21.2 million tons by 2021 with sustainability and lightweighting expected to play a major role in the development of the industry, according to a report by Smithers Pira. In 2016, PET packaging amounted to just under 16.7 million tons, representing a 3.8% increase from 2015. Growth for 2016 was projected to reach 4.8%, amounting to 17.5 million tons, with demand coming from new product developments in markets such as preserved foods (think Milacron\u2019s Klear Can and Sonoco\u2019s TruVue); thermoformed food containers; fruit juice containers; and other beverage packaging.<\/p>\r\n<p>However, recent studies of consumers\u2019 food-buying habits are showing that many are moving away from canned goods and toward fresh fruits and produce and prepared meals from the supermarket deli counter. Additionally, big-name food brands are losing shelf space to local or regional brands and smaller start-ups. Market research firm Nielsen said in a May 1 <em>Wall Street Journal<\/em> report that \u201csales for packaged food and products\u2014reflecting the number of items sold\u2014fell 2.4% in the first quarter of 2017.<\/p>\r\n<p><a role=\"button\" href=\"https:\/\/www.plasticstoday.com\/packaging\/megatrends-are-reshaping-food-and-beverage-packaging\/162254039156749\" target=\"_blank\" rel=\"noopener noreferrer\"> Read More <\/a><\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>For many Americans, President Donald Trump&#8217;s trade war may soon get very real.<\/p>\n<p>His administration is preparing to extend 25% tariffs to practically all Chinese imports not already hit with duties, including toys, sneakers, shirts, alarm clocks, toasters and coffeemakers. That&#8217;s roughly $300 billion worth of products on top of the $250 billion targeted earlier.<\/p>\n<p>&#8220;The administration&#8217;s decision to announce a tax on every product coming from China puts America&#8217;s entire economy at risk,&#8221; the Retail Industry Leaders Association said in a statement. &#8220;Americans&#8217; entire shopping cart will get more expensive.&#8221;<\/p>\n","protected":false},"author":5,"featured_media":624,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"tpl-full-width.php","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.3 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Megatrends Reshaping Food &amp; Beverage Packaging<\/title>\n<meta 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