key packaging trends & innovations - safripol
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Key Packaging Trends & Innovations
Food, Beauty & Personal Care Consumer Health Market
Enrique Noonan –Business Development Executive, Euromonitor International
© Euromonitor International
2
Euromonitor International network and coverage
© Euromonitor International
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Top three megatrends shaping the PackagingIndustry
CHANGING CONSUMER VALUES
Experience more
Create new sensorial experiences
Establish an emotional connection
Offer more convenience0%
10%
20%
30%
40%
50%
60%
70%
80%
Global Consumer Values: Status andConsumerism by Generation2017
I prefer to spend my money on experiences, rather thanthings
Generation Z Millennials
I like to try new products and services
Generation X BabyBoomers
Source: Euromonitor International’s Global Consumer Trends Survey
Unique way to dispense sunscreen in acreamy foam form that can be appliedeasily and absorbs quickly.
© Euromonitor International
HealthyLiving
Make healthy lifestyle habits the norm
Embrace a holistic view of wellness and health
Offer transparency and simplicity
0
50
100
150
200
250
300
CleanLabel AllNatural
Ethical Labels by Key Label Type
No Artificial
2015 2018 2021
EthicalLiving
Be mindful of others
Make a differencetowards the environment
Offer more sustainablepackaging 0%
10%
20%
30%
40%
50%
60%
70%
Global Consumer Values:GreenAttitudes by Age Group in 2017
I feel I can make a difference to the world through my
choices and actions
Generation Z Millennials
I try to have a positive impact on the environment through
my everyday actions
Generation X BabyBoomers
Source: Euromonitor International’s Global Consumer Trends Survey
© Euromonitor International
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Global Overview
A Closer Look: Asia Pacific PET Beverage Bottles
PET bottles sold
in retail in 2017
194bn
PET bottles are soft
drinks bottles
99%34bn
PET bottles sold
in foodservice in 2017
© Euromonitor International
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Asia Pacific vs the World
OVERVIEW OF PET PACKAGING IN ASIA PACIFIC
193,9
96,8
70,8
46,5
26,3 22,6
0
50
100
150
200
250
Asia Pacific North America WesternEurope
Latin America Eastern Europe Middle Eastand Africa
Bill
ion
un
its
PET Bottle Demand By Region: 2017 6%
Rest of the world
2017-2022 CAGR
6 in 10
3%
Asia Pacific
2017-2022 CAGR
New bottles to come
from Asia Pacific
© Euromonitor International
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Increasing appeal of PET bottles in Asia Pacific
OVERVIEW OF PET PACKAGING IN ASIA PACIFIC
0 1 2 3 4 5 6 7
%
4%
8%
12%
16%
0
30
60
90
120
India Vietnam Thailand Indonesia China Japan
20
17
-20
22
CA
GR
Bill
ion
un
its
PET bottle performance in selected Asia Pacific markets: 2017
© Euromonitor International
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Global plastic packaging today
SUSTAINABILITY PUSH
2.2 tn
Units of PET bottle
beverages
63%
459 bn
Units of plastic
packaging
Plastic share of
global packaging
© Euromonitor International
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27
The future remains bright for Food PackagingFUTUREPROSPECTS
Figures: metal aerosol cans in the beauty and personal care, home care and food industries, 2017/2022 absolute volumegrowth
FUTURE PROSPECTS
© Euromonitor International
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Middle East
Products positioned for convenience
Paper-based containers
15
Frozen pizza - largest ready meals category in
2018
Thin wall plastic containers and plastic
bottles
© Euromonitor International
Reaching the on-the-go Consumer
© Euromonitor International
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South Africa
© Euromonitor International
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28Size of food packaging in South Africa
SOUTH AFRICAN LANDSCAPE
FUTUREPROSPECTS
Growth of packaging categories 2013-2016
0,0
1,0
2,0
3,0
4,0
5,0
6,0
7,0
Paper-based Containers Rigid Plastic Plastic Trays Ready Meal Trays Folding Cartons
2013 - 2014 2014 - 2015 2015 - 2016
Y-O
-Y G
row
th fo
r P
ack
Typ
es
3% Total Volume
Ready meal packaging
11 milUnits by 2018
5% CAGR in total volume
© Euromonitor International
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28
Size of beauty & personal care packaging in South Africa
SOUTH AFRICAN LANDSCAPE
FUTUREPROSPECTS
Growth of packaging categories 2013-2016
Y-O
-Y G
row
th fo
r P
ack
Typ
es
3% Total Volume
BPC packaging
1.7 bilUnits by 2018
3% CAGR in total volume
0,0
5,0
10,0
15,0
20,0
25,0
Plastic Pouches HDPE Bottles PET Bottles PET Jars
Y-O-Y Growth for Pack Types
2013 - 2014 2014 - 2015 2015 - 2016 2016 - 2017 2017 - 2018
19
Freshness and Convenience
Folding cartons remain the key pack type
© Euromonitor International
Rigid plastic posts the strongest retail volume growth of 22%
Beauty and personal care packaging is expected to increase at a CAGR of 3% in total retail volume
Trends pushing the packaging scene in South Africa
© Euromonitor International
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Key Takeaways
CONCLUSION
What does the future look like - Megatrends shaping the packaging industries
Key growth -PET and HDPE plastics
Fastest growing category - Packaged Ready Meals in Middle East
Fastest growing region - Asia Pacific
South African growth - – BPC & Packaged Food
Thank you
Enrique Noonan, Business Development Executive
Enrique.Noonan@euromonitor.com
https://www.linkedin.com/in/enriquenoonan/
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