Page 37 - Packaging News magazine Sep-Oct 2022

can be easily upgraded, for instance, to next decade due to factors including 60% manufacturers,Nupacunderstandsthe
gradually increase the automation of production, are a good choice as well.
How do you expect the cannabis market to develop within the next few years? According to a November 2021 Gallup poll, just over two-thirds of all Americans are in favour of legalising cannabis. And 60 per cent of adults sur- veyed in the US by the Pew Research Center in April 2021 feel that cannabis should be legal for both medical and recreational use. Strong public support and the projected market develop- ment point to a favorable business environment for cannabis edibles manufacturers: the market research company BDSA expects legal cannabis sales in the US to break the 30-billion- dollar mark in 2022.
What about the Australian market?
The Australian legal cannabis market is currently small in comparison to the US, as usage is only medicinal based and stringently controlled. This is however expected to grow significantly over the
increasing public knowledge of cannabis health benefits, decreasing regulations, and growing government support. This is reflected in the industry fore- cast which predicts compound annual growth of 30.1% from 2022 – 2030.
As the Australian market matures and demand increases the require- ment for automation and high quality processing and packaging machinery will be necessary.
Syntegon’s Australian partner Nupac Industries provides such solutions across the food, confectionery and pharmaceutical industries and has been in ongoing discussions with man- ufacturers planning for future cannabis processing and packaging automation.
As the cannabis market devel- ops, Nupac’s managing director Peter Pontikis believes that manufactur- ers will need to look at automation across their whole production line, from processing and packaging through to end of line palletising. With over 45 years’ experience work- ing with pharmaceutical and food
of edibles sales are gummies (in the US, Q1 2021)
complexities and requirements in these industries, which in turn translate to the potentially challenging products within the cannabis industry.
Whatever the market dictates, Syntegon can be agile and is well equipped to meet a wide range of cus- tomer needs with its modular machines concept. ■
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