COVID-19 has changed everything, from everyday interactions to global trade relations. And these changes will remain with us, even when the virus disappears.
The packaging industry is another sector that faces shifting business dynamics due to the pandemic.
In today’s blog post, we discuss these shifting trends (specifically in terms of wastage) and what packaging businesses can do about it.
Changing Packaging Trends
Wastage has increased since the outbreak of the coronavirus. There is more single-plastic usage, especially in the food business, as more people order takeout or prefer home delivery.
Many states were in the process of banning single-use and non-recyclable plastics altogether. But the pandemic has increased the demand for these plastic products. The wastage is a hazard for the environment as well as those who handle and manage solid waste.
The retail industry has also experienced a shift in packaging. More people are shopping online, and e-commerce seems to be the way forward, even for traditional brick and mortar businesses.
Thus, the challenge of packaging is for both the short- and long-term.
Packaging companies need to supply recyclable and eco-friendly packaging options to curb single-use plastic usage. And they also have to rethink supply chains as buying habits developed during the lockdown are likely to continue in the near future.
Not to mention, packaging options that reduce wastage is the need of the hour. An increasing number of customers are opting for brands with eco-friendly and/or minimalist packaging options. This means environmentally-friendly packaging options are necessary to cater to a large chunk of the market.
Sustainable Packaging Solutions
The principle behind eco-friendly packaging is simple: you have to use containers created from materials that are safe for people and the environment without compromising the product’s quality. Achieving this synergy will become a necessity for businesses in the coming years.
Not to mention, the leading organizations and brands have already followed suit. Big names like McDonald’s and Nestle are making efforts to make their packaging 100% recyclable by 2025.
So what are some of the best Sustainable Packaging options? Here are some examples:
- Recycled cardboard and wrapping sheets
- Recycled plastic
- Biodegradable packing peanuts
- Organic fabrics
More examples can be given, but the point is clear. Alternatives exist, and packaging companies that can speed up to shifting market trends will reduce wastage during COVID-19 and boost their business in the long-run.
This also requires a shift in thinking within the converting, printing and packaging companies industry. And one way to breed innovation in your company is to hire the right talent.
At the Arête Group, we provide staffing solutions to manufacturing and packaging across the US. Our clients include such reputed companies as Dart Container, which are known for their innovation in eco-friendly packaging. Click here to schedule a free consultation.