In late 2017 and early 2018, Flexo & Gravure Global asked several package print shops and converters about their opinion on the past year and their estimations on trends and challenges for 2018. In the fifth part of our survey, Sante Conselvan, president FTA and managing director at I&C – GAMA International talks about higher margins, changing consumer habits and new packaging materials.
As you look back on 2017, were you able to meet your own expectations and what surprised you the most about the printing and packaging industry and markets?
2017 was a great year for the packaging industry and not only. The final numbers for the converters and suppliers were much better than any prevision in terms of revenue and margin. This means we have more margin in 2018 for new equipment and R&D budget to research new products. Converters invested in new presses with the last advanced technology to reduce the “make ready” time and to increase the “speed”.
In Europe everyone is interested about the industry 4.0 and in some countries the government gave some bonus money for investments.
As we move forward into 2018, what do you see as the largest trends or megatrends in the industry?
The packaging industry is involved in food industry and converters pay a lot of attention to people’s changing consumer habits. Indeed, the large-scale retail trade is changing the offer of some products with more attention to the different level of age, the family composition and the income brackets. There are more and more private labels with diverse products at targeted prices.
What do you feel the industry should be most prepared for dealing with over the next 12 months?
The packaging industry will be involved in offering different materials for a new packaging. We are looking for more cooperation between brand owners, converters and technology suppliers to have the opportunity to produce new packaging using new substrate treating the environment as a priority. “Pouches” are the example of how packaging can modify some ways to carry and eat food.
… to be continued.