Plastics & Packaging

With plastic being used as a key material in various industries, we are truly living in the “plastic age”. Packaging is the largest plastics application market segment, with roughly one third of total plastics processing finding its way into the packaging sector. The packaging industry intersects and plays an important role in nearly all other industries. Key trends in packaging industry include various modes of cost reduction, regulatory and environmental improvements and increased consumer orientation. Innovations – both incremental and disruptive are changing the plastics & packaging industry. Understanding how to leverage these innovations is critical to any company’s ability to remain competitive.