Freedonia analysts saw this as a good time to look back on the history and general evolution of these two firms. Like with many packaging companies in existence today, they have seen a lot of changes to become the companies that exist today.
The molded fiber segment of the US foodservice disposables market is on a strong growth trajectory driven by sustainability efforts, technological advancements, and enduring market trends.
Retail food packaging serves several purposes, including protecting, identifying, and marketing food products.
The sustainability of an item, such as a product’s packaging, generally refers to the renewability of its raw materials and the final products’ ability to be recycled or composted.
Companies need to think of not only their own operations, but how changes and innovations in their offerings can assist clients in their sustainability goals.
Packaging is changed by the forms of products that are popular. However, that is not a static thing.
Online shopping has become less of an occasional happening to a normality and sometimes preference for consumers, which has drastically changed shipping in the United States.
It is sometimes quite useful to look backward, even in this blog about looking forward.
A lot has been made recently of the supply chain challenges and rapidly shifting demand trends messing with ordering as suppliers and retailers hope to have enough, but not too much, on hand.
Many consumers are concerned about rising or otherwise inflated prices in several product categories, but concerns are highest for food.