Industrial packaging market in MENA to witness 5.2% CAGR

Future Market Insights (FMI) in its latest report revealed that the industrial packaging market in the MENA region stood at $3,372.5m in 2016 and is estimated to reach a valuation of $5,053m by the end of 2024. Revenue from the sale of industrial packaging products in the region is expected to increase at a CAGR of 5.2% during the forecast period (2016–2024).

According to the report, the demand for industrial packaging in the Middle East and Africa is likely to remain robust owing to the improving situation of international trade. In addition, the global trade of industrial products has grown three-fold over the past decade. Bio-chemical products and food-grade ingredients are amongst a few of the most traded items around the world.

In the

Polar unveils new software to make automated cutting posible

Polar Mohr, a high-speed cutting machine manufacturer from Hofheim in Germany, launched its Compucut soft-ware which makes automated cutting possible.

“Nowadays, companies have multiple jobs daily and combination sheets often require complicated cutting runs that involve numerous programming steps. The software ensures that the increased set-up times caused by manual creation of cutting programmes for low-volume print runs are eliminated,” stated a press statement from Polar.

Compucut uses

Lecta reveals its new range of Diva Art Duo

Lecta recently launched its new Diva Art Duo range of two-side coated paperboard with silk finish. “It is designed for creative graphic arts projects and luxury packaging,” stated the press release from Lecta.

The press statement added: “Diva Art Duo is Lecta’s new two-side coated paperboard with an outstanding silk finish noteworthy for its printability and rich colour reproduction in offset and digital printing, in addition to its perfect folding characteristics and exceptional resistance to

New overlaminates for product packaging applications by Mactac

Mactac recently announced the launch of three new overlaminates for product packaging applications. “Designed to give product-packaging labels added protection, dramatic appearances and superior shelf appeal, the new overlaminates are ideal for packaging applications in markets such as health and beauty, household goods and food packaging,” stated Mactac.

The new products include: LTC01275 – a 0.7-mil matte clear soft touch overlaminate. Features a high clarity acrylic adhesive, a 50# white

‘Smart labels market is expected to deliver dynamic progression’

According to a report titled ‘Smart labels Market published by 2026’ by Mindaspire Market Research (MAMR), the global smart labels segment is expected to create incremental opportunity of more than $10,000 million from 2016 to 2026. In terms of volume, the RFID segment is expected to register a CAGR of 17.1% over the projected period, owing to many factors.

The market is segmented based on technology type, end use, printing technology type and region. Based on technology type, the market is