Analysis Growth E-Packing
The global demand for epackaging continues to increase. Experts project that the market will increase to almost $2 billion by 2022. Much of the expanding market will include consumer packaged goods. That said, e-packages will represent just a small percentage of total packages shipped by 2022. The global demand for epackaging continues to increase. Experts project that the market will increase to almost $2 billion by 2022. Much of the expanding market will include consumer packaged goods. That said, e-packages will represent just a small percentage of total packages shipped by 2022.
The estimate isn’t ambitious. Analysts project that just one percent of total expenditures on packaging will include the e-packing of devices and will add to services in the global packaging market. It’s not expected that e-packages will replace other packing methods. In fact, e-packing in some electronics markets has grown into the tens of billions of dollars in the last decade, well ahead of analysts’ figures.
Why Users Like E-Packages
• In the electronics market, devices fitted to packing materials justify an additional 0.01-0.03 percent cost in the same way that anti-theft devices fitted to certain products cost approximately 3-5 cents apiece.
• The reasons for the growing use of e-packages, includes growing sales from improved merchandising practices, the improvement of human interface platforms by scrolling or spoken instructions, and the provision of valuable rewards on/in the package.
• The healthcare industry includes pharmaceutical packets that support patient compliance. Drug delivery packs can even prompt users to take medicines on schedule.
• E-packages today often take the form of primary packaging and make products more useful and/or attractive to consumers. This includes a range of applications from “talking” pizza containers, “winking” logos, and compliance monitor blister packaging for pharmaceuticals. Big brands across the world are exploring newer e-package varieties.
E-package solutions providers assist clients in the interpretation of local and international regulations, packaging systems design, test data analysis, and the development of test protocols and specifications.
Packaging solutions must meet regulatory requirements and exceed performance expectations. Clients need domestic and international regulatory compliance, special permits, packing design, letters of clarification, analyses of package failure, product and package compatibility, and vendor qualification services.
Constant Quality Improvement
An expert e-package provider’s quality control audits should constantly analyze package failure, wall thickness, weights and capacities, dimensional conformity, etc., to facilitate the constant improvement process.