Purchase Solution

latest trends in packaging

Not what you're looking for?

Ask Custom Question

1. What are the latest trends in packaging?

2. Explain the concept of product parity. How can you differentiate a company in a parity environment?

3. Explain TQM. What is its purpose?

4. What are the major trends the new socioquake is based on? What does this socioquake do to our society?

5. What is demassification? Explain this process by the use of a realistic and contemporary example.

Purchase this Solution

Solution Summary

This job highlights latest trends in packaging.

Solution Preview

Over the past two decades we have seen the global emergence of a convenience oriented society. Changes in family structure, a greater number of women in the workforce, longer working hours and an increase in commuting time drive this.

In today's society, a greater proportion of adult consumers are now living on their own, sharing with friends, or living with a partner and without children.

These factors create a more individualised culture, where consumers are less likely to prepare food for others and where there is an increased demand for convenient products.

Another significant trend is an ageing global population.

Worldwide, the proportion of people aged 60 years and over is growing faster than any other age group.

Between 1970 and 2025, the number of older persons is expected to increase by 694 million or 223%. In 2025, there will be a total of about 1.2 billion people over the age of 60.

This consumer demand for convenience translates into opportunities for Amcor to provide packaging that is easy to open for both children and adults, resealable and available in individual portions.

The 'on the go' nature of today's consumers also provides packaging opportunities for easy, hand-held consumption such as 'in car' or 'at desk', and which enables the consumer to multi-task.

Examples of Amcor's innovations within the 'convenience' category include re-sealable flexible pouches, single serve tear sticks, microwaveable meal solutions, breakfast bar wrappers, easy-opening sports drink closures and ergonomic grip PET beverage bottles.

Health and Nutrition

There is an increasing focus on issues relating to health and nutrition, particularly obesity, low carbohydrate products and organic foods.

There has also been an increase in products, such as breads, margarines and beverages that contain active ingredients to achieve lifestyle or medical objectives.

Consumers today are better educated on health issues and have a greater understanding of their own dietary requirements.

The consumer focus on health and nutrition is driving changes in packaging that provide more detailed product information, hygiene standards, tamper-proof seals, longer life for fresh produce, smaller-sized portions, and the use of colours and materials that emphasise 'natural and healthy'.

Examples of Amcor's innovations to meet the 'health and nutrition' trend include packaging for fresh produce that extend the life of contents, smaller-sized portions, organic products, packaging for food and beverages containing active ingredients, such as bread with added Omega 3, and sports drinks.

Indulgence

Ironically, the consumer focus on health and nutrition has not diminished the demand for indulgent and premium products, as well as ethnic and exotic meals.

Indulgence remains a key role for food and drink, whether for relaxation and reward, or as part of a celebration.

This presents a number of opportunities for Amcor to provide packaging that increases visibility of premium foods, uses or provides the look and feel of extravagant materials, and colours that reflect the premium nature of the product.

Examples of Amcor's innovations to ...

Purchase this Solution


Free BrainMass Quizzes
Basics of corporate finance

These questions will test you on your knowledge of finance.

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Operations Management

This quiz tests a student's knowledge about Operations Management

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Academic Reading and Writing: Critical Thinking

Importance of Critical Thinking