Quotables and By the Numbers: Aug. 2020

Climate, packaging, medical device security, and more.

Aug 31st, 2020

Scroll through the images above (arrows at bottom of images) for recent quotes and stats.

According to the latest from PMMI Business Intelligence, STATE OF THE INDUSTRY U.S. PACKAGING MACHINERY REPORT, the slowing of patent expiries and rise of drug launches are expected to stimulate growth in the pharmaceutical industry and demand for packaging machinery. Download the FREE executive summary at State of the Industry 2020 (PMMI members can view the full report for free.)

Event alert!

For a more interactive experience, join us for “The Most Engaging Virtual Event for the Entire Industry” at PACK EXPO Connects, Nov. 9-13. Live demos of equipment and products, live chat with product experts, expedited product search, and more. Attendee registration opens Sep. 15. Be notified when the site goes live by clicking here.

Further reading

Brands Keep Pace by Eliminating Racist Packaging Imagery

Competitive Drugs Demand Innovative Delivery Devices

Climate Change Interest Isn’t Ideology, It’s Economics

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Bumble Bee CEO One-Minute Video: How To Communicate Through Crisis

Jan Tharp, CEO of Bumble Bee Seafood, has navigated turbulent waters. Recently, Jan sat down with OEM's Stephanie Neil during PACK EXPO Connects to discuss her journey to the top of this revamped CPG. Watch this 'Management Minute' with Jan.

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Serialization 101

Fraud is a serious issue for drug manufacturing, and pharmaceutical and medical device regulations using serialization have been mandated to defend against counterfeiting.

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Quotables and By the Numbers to Start the Year

Quotes and stats on clinical trial demographics, modes of transportation, the personalized medicine market, and more...

Jay Timmons, president and CEO of National Association of Manufacturers.

National Association of Manufacturers Calls for Political Action from VP Pence

CEO Timmons: “This is not the vision of America that manufacturers believe in and work so hard to defend.”

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Med Device Market Shifting Business Models to Automation and Technology

Four out of five medical device companies interviewed for a new PMMI white paper believe automation and other technological advances are one of the biggest changes to manufacturing in recent years.

Hygienic Design Standard Parts for Medical Applications

Hygienic Design Standard Parts for Medical Applications

Standard Parts in Hygienic Design are optimized for minimal contamination and easy cleaning. JW Winco decided to develop a special series of Standard Parts that meet the high requirements. Learn more at jwwinco.com

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Pharma and Medical Device Capital Equipment Investments to Grow

PMMI Business Intelligence research shows 3 out of 4 companies interviewed plan to spend more on capital equipment in the next 12-24 months.

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The Global Outlook for the Pharma Contract Packaging Market

New report predicts a 7.1% CAGR from 2020 to 2027 and highlights the countries, packaging types, and packaging materials expected to see the greatest growth.

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Major Trends in Modern Health Today

Healthier eating lifestyles and habits were already on the rise before the pandemic, but now there is an updated perspective on modern health.

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Manufacturing and New Automation Technologies - What is Around the Bend?

Predictive analytics, digital twinning, and augmented and virtual reality technologies are all finding uses in manufacturing operations – from line installation and maintenance to process training.

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When Will AI be Common in Manufacturing?

Companies want to rely less on skilled labor and more on AI and machine intelligence, but currently only 1% of all manufacturers are utilizing this technology in their operations.

View Product Demos On Demand

View Product Demos On Demand

Missed part or all of PACK EXPO Connects? Browse dozens of demos by category or search by keyword. Find solutions to your packaging and processing challenges now through March 31.

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Robotics Solutions Future Looks Bright

The demand for cobots will continue to grow, and robotics will expand outside of end-of-line applications, according to a new report by PMMI Business Intelligence.

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IIoT Blind Spots: Where are They and Do You Have Them?

A crucial component of automation advancement, yet one that is lacking at most manufacturers, is the deployment of IIoT connectivity across an entire enterprise, including key areas such as receiving, warehousing, and shipping.

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Moving Automation Up the Line

According to a new report by PMMI Business Intelligence, OEMs and suppliers should assist manufacturers to identify new automation projects that lie outside the traditional end-of-line packaging and palletizing.

“Another key [UDI] benefit, because we're calling that product by the same name across the healthcare supply chain… rich and robust data that we can access around supply consumption and utilization rates. One of the buzz terms we've heard during the COVID-19 crisis was what's my burn rate? How fast am I going through gowns, masks, gloves?” – Mike Schiller, Senior Director at AHRMM

Quotables and By the Numbers: Aug. 2020

Climate, packaging, medical device security, and more.

In the men's skincare market, the demand for cleanser, face wash, and sunscreen products is outpacing that of shave care essentials, according to a new report from Grand View Research, Inc.

Packaging Will Help Drive Men’s Skincare Product Market

Premium products with organic and natural ingredients are the latest trend, resulting in the growing popularity of more sustainably sourced packaging materials.

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Five Takeaways on Automation Growth Today

A new report by PMMI Business Intelligence shows that OEMs and suppliers who meet the needs of the changing times will thrive along with the CPGs of the future.

The future of manufacturing can't be imagined in a present-forward mindset. Innovation comes from the future-back.

Reverse Engineering the Organization

A new book reveals how “future-back” thinking—defining what the company will look like decades from now and working backwards—can encourage innovative ideas that will create breakthrough growth.

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Cannabis Branding - an Uphill Battle?

Between the fight for precious retail shelf space, and a consumer selection process that is based mostly on cost and quality, cannabis brand loyalty may be a struggle to find.

More in Business Intelligence

Viral Hashtag Highlights Disparities in Academia, Healthcare

#BlackInTheIvory is offering an outlet for some Black scientists to share their experiences.

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Seven 2019 AmeriStar Award Winners Achieve 2020 WorldStar Awards

Seven 2019 AmeriStar Award winners earned the prestigious WorldStar Award produced by the World Packaging Organisation (WPO).

Quotables and By the Numbers: Device Security, Supply Chain, and More

Fast facts in and around healthcare packaging.

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Voice of the Packaging Industry: Sustainable Packaging

Sixty CPGs were interviewed for a new sustainability report by PMMI Business Intelligence. They had much to say about machines, materials, new formats and sustainable initiatives, as well as what they need from suppliers.

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Sustainability in Secondary Packaging Lines

Secondary packaging lines need greater precision when handling materials with variances in content and weight, according to a new report by PMMI Business Intelligence.

Looking Ahead to New Packaging Material Innovation

Packaging engineers and product developers must work together to create new sustainable initiatives in packaging material innovation.

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Economic Outlook: 2020 and Beyond

Discussing the current economic outlook amidst a “double black swan event,” Alex Chausovsky of ITR Economics presented “Guidance in an Uncertain Economy” last week as part of PMMI’s Executive Leadership Conference.

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Healthcare Market Equipment Investments Poised for Growth in 2021

Personal care and pharmaceuticals /medical devices are two markets that, not surprisingly, are holding their own and even expecting growth during COVID-19.

Quest for a Plastic Packaging Circular Economy

Eliminating unnecessary plastic, sustainable innovation, and circulating plastic within the economy are the three goals of more than 450 global partner companies seeking to keep plastic waste out of the environment.

Sustainable Package Reformatting on the Rise

According to a new report by PMMI Business Intelligence, over half of CPGs are changing product packaging to meet sustainability goals by moving from one format to another.

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Preparing the Supply Chain for a Coronavirus Vaccine

As we fight to “flatten the curve” of the coronavirus pandemic, scientists are urgently working to create a vaccine. Manufacturing and distributing hundreds of millions of doses when a vaccine is approved is yet another challenge to address.

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Material Innovation Key to Achieving Sustainable Packaging Strategy

The market will continue to see innovations in the selection of sustainable packaging materials, as more companies embrace sustainable options.