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Packaging Industry Business Outlook and Procurement Report November 2016-April 2017

Summary Mergers and acquisitions are expected to increase within the packaging industry over the next six months (November 2016-April 2017) as a result of global business expansion and product line extensions. Market uncertainty, rising competition, and the retention and recruitment of skilled staff have been highlighted as major business concerns for the global packaging industry over the next six months, although respondents are willing to increase their focus towards expansion in current markets and the development of new products. Furthermore, developing economies such as China, India, and... 

Global Executives Survey: Growth of Flexible Packaging

Summary Canadean’s Global Executives Survey: Growth of Flexible Packaging report examines organizations’ views about the opportunities for flexible packaging. The report evaluates strengths, weaknesses, opportunities, and threats facing industry players who use flexible packaging in their production processes. Key Findings In Asia-Pacific, companies are the most likely to work with flexible packaging For large and small companies, improved sustainability increases the popularity of flexible packaging Packaging companies mainly prioritize running costs, adaptability to different pack... 

Global Executives Survey: Latest Factors Driving Change in Global Packaging Supply Chains

Summary Packaging organizations are expanding their supply chain globally and emphasizing more on trade agreements and technology advancements. Free trade agreements not only eliminate tariffs, they also encourage investment, enhance cooperation, and deliver improved trading opportunities that promote sustainable growth of developing economies. Moreover, economic union helps countries to trade with each other at no additional taxation and keeps supplier prices under control. Advancements in technology are seen as a key way to create faster, stronger, and more stable supply chains. Visiting suppliers... 

Packaging Industry Business Outlook and Procurement Report H1 2016

Summary Even though packaging organizations are concerned about rising competition, market uncertainty, and responding to pricing pressure, focus will increase on expansion in current markets and new product development during H1 2016 (April 2016-September 2016). Procurement activities will increase on IT services and capital equipment purchases amidst the expectation increasing procurement expenditure and supplier prices over the next months. Capital expenditure will be higher on new product development and IT infrastructure development and an expected increase in merger and acquisition activity... 

Opportunities and Threats to the Packaging Industry in 2021: A Global Executives Survey

Summary With new legislations and regulations expected to create an impact on business operations amidst growing environmental concerns, organizations are focusing efforts on restricting potential increases in the cost of machinery, and complying with legislative changes. As online retail and sales of unpacked goods will disrupt business operations, packaging features such as recyclability, light weighting, and premium look will be favored. By 2021, research and development is expected to benefit from increased investment by packaging organizations with demand increasing for flexible plastic packaging,... 

Packaging Industry Business Confidence Report H1 2016

Summary An increasing number of executives state that the current economic conditions are stable and are optimistic about company growth prospects in H1 2016 (January 2016-June 2016). The results reveal that the packaging market is gaining momentum in anticipation of the positive trend in e-commerce and related packaging activities, rising demand for packaging in Asian countries, and huge opportunities for advanced technologies in packaging across the globe. Over the next six months the industry will increase its expenditure towards new product development and IT infrastructure. Furthermore, in... 

Global Executives Survey: Ways to build Trust through Packaging

Summary Although organizations face difficulty in convincing consumers about health claims, product safety, and claims of effectiveness, they believe that brands have effective strategies to build consumer trust in quality claims and product safety. As increase in trust is expected to boost revenues, organizations are using clearer labeling and adopting stringent production processes to increase product trust. FMCG organizations believe that product quality, brand heritage, and tamper proof packaging are among the preferred approaches to drive product trust. Key Findings Despite being difficult... 

Packaging Industry Business Outlook and Procurement Survey H2 2015

Summary Although packaging organizations are concerned about responding to pricing pressure and rising competition, focus on expansion in current markets and new product developments, will increase during H2 2015 (Oct 2015-Mar 2016). Procurement activities will increase on raw material purchases and capital equipment purchases amidst the expectation of a surge in supplier prices over the next months. Capital expenditure will be higher on new product development, and machinery and equipment purchases, despite an increase in mergers and acquisitions over the next six months. Focus will be on emerging... 

Packaging Business Confidence Report H2 2015

Summary Respondents feel that the overall business confidence index for H2 2015 (October 2015-March 2016) has increased compared to H1 2015 (January 2015-June 2015), which indicates that the packaging industry is recovering from the ongoing global uncertainties. Moreover, an increasing number of respondents state that the current economic conditions are stable and the future outlook remains positive as a result of growing consumer focus towards flexible and convenient packaging, and rising demand for portion control and smaller pack sizes within the food industry. Over the next six months the industry... 

Global Executives Survey: Growth Prospects of On-The-Go-Grocery Packaging

Summary The global convenient, on-the-go grocery packaging market is expected to grow robustly over the next five years, due to increasing consumer demand for single-serve packaged food and beverages, as they provide a cost-effective, time saving alternative to one-stop grocery shopping. Moreover, busier lives and consumers becoming accustomed to convenient packaging will drive the growth of the on-the-go grocery packaging market. The majority of packaging executives believe that on-the-go grocery products will have high demand during morning hours on a week-day, with other executives identifying... 
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