key packaging trends & innovations - safripol

Key Packaging Trends & Innovations

Food, Beauty & Personal Care Consumer Health Market

Enrique Noonan –Business Development Executive, Euromonitor International

© Euromonitor International

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Euromonitor International network and coverage


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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.


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


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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


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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


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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


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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


13

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


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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


Reaching the on-the-go Consumer


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South Africa


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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


18

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

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Freshness and Convenience

Folding cartons remain the key pack type


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


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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

[email protected]

https://www.linkedin.com/in/enriquenoonan/

key packaging trends & innovations - safripol

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