Quotables/By the Numbers

BY THE NUMBERS

4.4%

The expected CAGR of the global packaging machinery market during 2022 to 2027, reaching a value of $65.6 billion by 2027, according to IMARC Group

$1.1M

The amount awarded to five dairy processors by The Northeast Dairy Business Innovation Center (NEDBIC) for investments in sustainable packaging solutions for the dairy industry

4B units

The combined net capacity of two U.S. Ball Corp. aluminum beverage can facilities—in Phoenix and in St. Paul, Minn.—being shuttered by the supplier due to softening consumer demand for alcohol

€100M

The amount Bayer Consumer Health is investing in its sustainability plan, which includes moving to green packaging for all of its OTC drugs and supplements “Pet food packaging is an often overlooked waste stream. Most are not aware that pet food packaging usually consists of multiple materials, in most cases aluminum and plastic, which excludes it from curbside recycling. That’s why this waste stream was included in the Walmart Hub Recycling Program—to offer pet parents an easy way to provide the animals in their lives the best nutritionally, without the guilt over the waste the food packaging produces.”

–Tom Szaky, founder and CEO of TerraCycle, in an article from the Tahlequah Daily Press, “Walmart, Sam’s Club recycling packaging”

“At every link in the CPG supply chain, this is a human-powered industry that depends on a robust workforce. Yet at every link in the supply chain, there are labor gaps that must be met, not only to catch up with lingering backlogs but to be prepared for the future. Beyond the pandemic, there are so many factors battering the supply chain—from war in Ukraine to extreme weather— and we can’t let labor shortages continue to be another threat to reliably delivering the products Americans depend on every day.”

–Katie Denis, Vice President of Communications and Research for the Consumer Brands Association (CBA), as quoted in an article, “Food and Bev Firms Will Continue to Face Labor Woes in ’23,” from Powder & Bulk Solids

“One thing is abundantly clear: advanced recycling is not incineration. To encourage the EPA to treat it as such just doesn’t make sense. We were encouraged to see the EPA include advanced recycling in their National Recycling Strategy and continue to support it being an important component in our nation’s efforts to recycle more material.”

–Matt Seaholm, President and CEO of the Plastics Industry Association, in an article from Plastics News, “Congressional Democrats push EPA on chemical recycling”

“The advent of AMRs [autonomous mobile robots] as smarter and more adaptable substitutes to the automated guided vehicles [AGVs] for a wide range of applications in industrial operations is receiving a lot of attention. With advanced mechatronic capabilities, they are becoming an essential choice, particularly amid manpower shortages, as they can move and make decisions on their own.”

–Kiran Raj, Practice Head of Disruptive Tech at GlobalData, in a release from the company, “Autonomous mobile robots become next big bet in industrial operations, finds GlobalData”