Business Archives - TECH TIME https://techtimes.com.pk/category/business/ People Making Technology Work Sat, 19 Aug 2023 12:05:56 +0000 en-US hourly 1 https://wordpress.org/?v=6.5 https://techtimes.com.pk/wp-content/uploads/2023/11/cropped-It-4-me-9-32x32.png Business Archives - TECH TIME https://techtimes.com.pk/category/business/ 32 32 Beverage Packaging Industry Trends | Stay Ahead of the Curve & Maximize Sales https://techtimes.com.pk/beverage-packaging-industry-trends-stay-ahead-of-the-curve-maximize-sales/ https://techtimes.com.pk/beverage-packaging-industry-trends-stay-ahead-of-the-curve-maximize-sales/#respond Tue, 04 Apr 2023 17:23:04 +0000 https://techtimes.com.pk/?p=125 The beverage packaging industry is an integral part of the overall packaging industry, catering to a wide range of beverage products, including carbonated soft drinks,…

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The beverage packaging industry is an integral part of the overall packaging industry, catering to a wide range of beverage products, including carbonated soft drinks, juices, milk, beer, and wine. With the increasing demand for innovative and sustainable packaging solutions, the global beverage packaging industry has witnessed significant growth in recent years.

Types of Beverage Packaging

Beverage packaging comes in different forms, each with its unique benefits and limitations. The most common types of beverage packaging include:

  1. Glass: Glass bottles and jars are widely used in the beverage industry for products such as beer, wine, and spirits. Glass is a durable and inert material that provides excellent protection against light and air, helping to preserve the quality and flavor of the beverage.
  2. Plastic: Plastic bottles and containers are a popular choice for soft drinks, juices, and other non-alcoholic beverages. Plastic is lightweight, shatterproof, and easy to transport, making it an ideal choice for many manufacturers.
  3. Metal: Metal cans are widely used for carbonated beverages such as soda and beer. Metal provides excellent protection against light and air, helping to preserve the freshness of the beverage.
  4. Tetra Pak: Tetra Pak cartons are widely used for milk, juice, and other liquid products. They are made from a combination of paper, plastic, and aluminum and are lightweight, easy to transport, and recyclable.

Key Market Trends

The global beverage packaging industry is characterized by several key trends, including:

  1. Sustainability: With increasing consumer awareness about environmental issues, there is a growing demand for sustainable packaging solutions. Beverage manufacturers are investing in new materials and technologies to create more eco-friendly packaging solutions.
  2. Convenience: Consumers are looking for packaging that is easy to use and transport and can be consumed on the go. This has led to an increase in the use of pouches, bottles with resealable caps, and other types of convenient packaging.
  3. Digitalization: The growth of e-commerce and online grocery stores has created new challenges for beverage packaging, as manufacturers need to create packaging that is both durable and easy to transport. This has led to the development of new types of packaging, such as flexible pouches and bags.
  4. Smart packaging: Smart packaging is a new trend in the beverage industry, with manufacturers using technology to create packaging that can interact with consumers. For example, some companies are using QR codes and NFC tags to provide consumers with additional information about the product.

Key Players in the Beverage Packaging Industry

The global beverage packaging industry is highly competitive, with a large number of players operating in the industry. Some of the key players in the market include:

  1. Amcor: Amcor is a leading global packaging company, with a focus on sustainable packaging solutions. The company offers a range of packaging solutions for the beverage industry, including plastic bottles, metal cans, and Tetra Pak cartons.
  2. Crown Holdings: Crown Holdings is a global packaging company that specializes in metal packaging solutions. The company offers a range of metal cans and lids for the beverage industry, as well as other packaging solutions.
  3. Ball Corporation: Ball Corporation is a global packaging company that specializes in metal packaging solutions. The company offers a range of metal cans and lids for the beverage industry, as well as other packaging solutions.
  4. Tetra Pak: Tetra Pak is a global packaging company that specializes in Tetra Pak cartons. The company offers a range of packaging solutions for the beverage industry, including milk, juice, and other liquid products.

Conclusion

The beverage packaging industry plays a critical role in the overall packaging industry, providing a means of containing and transporting beverages while also serving as a key marketing tool for manufacturers. With the increasing demand for innovative and sustainable packaging solutions, beverage packaging industry is expected to continue to grow in the coming years. However, the industry faces several challenges, including the need to reduce waste and increase recycling rates, as well as the need to adapt to changing consumer preferences and emerging technologies.

To address these challenges, beverage packaging manufacturers are investing in new materials and technologies to create more sustainable, convenient, and innovative packaging solutions. This includes the use of biodegradable and compostable materials, the development of smart packaging that can interact with consumers, and the creation of new types of packaging that are easy to transport and consume on the go.

Overall, the beverage packaging industry is a dynamic and evolving sector, driven by changing consumer preferences, emerging technologies, and the need for sustainable and innovative solutions. As the industry continues to grow and evolve, it is likely to remain a key player in the overall packaging industry, providing essential services to beverage manufacturers and consumers around the world.

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Real Estate investment And “Turnkey” Property Management https://techtimes.com.pk/real-estate-investment-and-turnkey-property-management/ https://techtimes.com.pk/real-estate-investment-and-turnkey-property-management/#respond Wed, 20 Jul 2022 17:06:35 +0000 https://techtimes.com.pk/?p=27 In addition to being one of the most profitable and reliable property markets in the world, the property comes with a lot of additional work…

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In addition to being one of the most profitable and reliable property markets in the world, the property comes with a lot of additional work if you are not prepared. When investing, there is a lot to consider – whether it is arranging furniture deliveries, obtaining the appropriate safety certificates, or conducting tenant viewings. It is important to note, however, that not all investments require this level of effort. There are options available for investors that will enable them to enjoy all the benefits of being a landlord without any of the hassles. In today’s article, we examine “turnkey” investments, how they work, and what to look out for when investing in turnkey property.

What is a turnkey property?

A turnkey property is one that is ready to be moved immediately after construction without any additional work required. As far as property investment is concerned, a turnkey property consists of everything needed to rent it out immediately, including furniture and a management agent.

A turnkey property is one where all you have to do to make it liveable is put the key in the door, turn it, and it’s ready to go.

How do turnkey properties work? Are they only for investors?

The overall principle applies to both home buyers and investors, so a turnkey property is for both. Even though the term may be more common in the investment world – especially for overseas investors – it applies equally to every type of buyer, and many homebuyers would find it advantageous to search for turnkey properties.

The dream of renovating or designing your own home may be a dream for some, but many are simply too busy or do not have the desire to do so. If you are one of these people, then buying a turnkey property is probably the best thing for you – it has everything you could possibly need doing for you and will be ready for you as soon as you move in.

How can you identify a turnkey property?

A number of the same principles apply to the purchase of a turnkey property as they do to any type of property purchase. This is particularly true for those who are buying off-plan, which is when the building development is still in the process of being built.

When you do your research, you can find a turnkey property made by a reputable developer that will be high quality and delivered on time. Aside from earning significant capital appreciation, you can often get the property for a below-market price when you buy off-plan.

In the event that you are an investor, you should look for a developer that provides a lettings and property management service after the project is completed. It is impossible to describe a property as “turnkey” if you have to search for a turnkey agency after you have purchased it. The majority of reputable developers will be able to recommend a property management company that will handle every aspect of the lettings and management process for you, so you can enjoy all the benefits of being a landlord without the headaches.

According to Alliance Investments’ Managing Director, Ronald Garrett, buying a ‘turnkey’ property is one of the best investments you can make as a landlord. As a result, you can begin earning rental income immediately after the project is complete, saving you a lot of time and effort.

A letting agent like Alliance City Living can magnify the benefits of buying a turnkey property and make the most of your investment by providing reliable letting and management services. To ensure this happens, Alliance offers a comprehensive process from start to finish and beyond into ongoing property management.

Investing in property is a great idea right now, so if you are looking for a turnkey property at a great price, contact us now for more information.

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