Due to the closure of a company engaged in the manufacture of packaging and the shortage of raw materials, it is expected that in May and June companies in Nicaragua will face a scenario in which shortages and high prices will predominate.
In Nicaragua, Astro Packing Solution, a company involved in the manufacture of packaging and plastic products, notified its clients that it will close indefinitely due to a shortage of raw materials.
CentralAmericaData anticipated this scenario in mid-February. According to a publication dated February 15, due to the shortage of raw materials and the bottlenecks in the production of the inputs demanded by the plastics industry, businessmen in the region predicted that in the coming months the prices of the products manufactured by the sector would increase.
The use of unique codes that can be scanned with a mobile device, so that consumers know all the product information and companies interact with their customers, are part of the innovations that some packages already have.
Currently, consumer interest in products that are manufactured with environmental and social responsibility has grown.
Recyclable and biodegradable bottles and packaging with a "second life" are some of the packaging trends arising in the food industry.
From a report by PROCOMER:
In the food sectorpackagingas a conceptis becoming increasingly present and brands are targeting their strategies towards green and practical practices. Experts believe that this is a crucial part of brand perception as it is a major point of contact with the consumer.Specialistshave detailed upcoming trends in packagingwhich are being backed by the food sector:
A study by Euromonitor highlights the tendency to use small containers for cosmetics and personal care products in Latin America.
In order to reach all segments of the market, companies in the personal care and beauty sector are packaging their products in smaller containers and making them cheaper, keeping the quality of the product the same.
Plastic sheet extrusion in Guatemala, vacum form moulding process, POP materials, HIPS, high impact polystirene sheet and digital printing rolls
Organization that operates in El Salvador and Guatemala
Phone: (502) 42152282
Variations in the size of packaging is an option increasingly used to meet the market demand for cheaper products.
Driven by competition, rising food prices and a loss of purchasing power by large groups of consumers in many markets, food processing companies are adjusting the size and presentation of the packaging in order to keep their products attractive.
The company Total Pet Packaging will invest $12.5 million in a recycling plant in Costa Rica to make packaging from waste plastics, using PET technology.
The company Total Pet Packaging will invest approximately $12.5 million in a new PET resin (RPET) recycling plant, which will be located in Heredia. PET is short for polyethylene terephthalate.
According to a study by Tetra Pak, comparing 2005 to the present day, 30% more consumers are making their purchasing choices based on the impact that the packaging may have on the environment.
The study shows a global preference for green packaging.
Consumers around the world are increasingly taking measures to protect the environment through recycling programs and environmentally responsible consumer awareness, reveals the latest Environmental Research Study 2011, developed by Tetra Pak.
Guatemalan companies in the sector said that the measure constitutes "price fixing which eliminates competition, and encourages the formation of monopolies and privileges for certain companies."
The Ministry of Economy has restricted the export of waste, and scrap plastic, threatening companies that engage in this activity, said the Exporters Association of Guatemala.
The Ministry of Finance has established an annual quota of 2,400 metric tons, and for the remainder of 2011 will only allow 600 tonnes to be exported.
The regulation reflects the need to ensure the supply of this raw material for the domestic industry under the Governmental Agreement 333-2011 published in the Official Journal.
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