Top Trends in Packaging: Technology trends

The following are key technological trends affecting environmental, social and managerial performance (ESG) as defined by GlobalData.

Online shopping and delivery services have dominated the shopping landscape over the past year as a result of Covid-19 restrictions. As a result, the packaging sector is under significant control not only because of safety and hygiene, but also because of their sustainability benefits, as consumers seek environmentally responsible solutions that do not interfere with their buying habits.

Internet of Things (IoT)

Packaging companies use IoT in their factories to operate with much greater efficiency and flexibility, and to constantly monitor energy and water consumption. An analysis of more than 640 IoT deployments in 2018, conducted by the World Economic Forum (WEF) in collaboration with IoT Analytics, found that 84% of existing IoT deployments are related to or have the authority to develop United Nations (UN) 17 Sustainable Development Goals CUR).

Artificial Intelligence (AI)

Companies use artificial intelligence in several ways to solve ESG problems in the packaging sector. For example, companies may deploy AI to analyze data from production machines and cooling and heating systems to identify areas to improve their efficiency.

In addition, robots with artificial intelligence use computer vision (CV) and machine learning (ML) to differentiate and sort materials based on their characteristics to ensure they can re-enter the supply chain.

ESG: advanced materials

As advances in advanced materials continue amid growing attention to materials recycling, increased taxation and growing bans on disposable plastics, materials such as polyvinyl chloride (PVC), low density polyethylene (LDPE) and high density polyethylene (HDPE) . ) will be less profitable packaging options.

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Modern materials suitable for packaging are becoming more durable and affordable. More manufacturers are also introducing recycled materials to reduce their impact on the environment and their degrading properties. Some companies are also focusing on biological packaging (derived from biomass) or biodegradable packaging.

This is an edited excerpt from ESG – Main trends by sector – Case studies report prepared by GlobalData Thematic Research.

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