Gain a competitive edge in the packaging converting industry with our in-depth State of Converting Report, offering actionable insights on materials, equipment trends, and future market opportunities to drive strategic decision-making.
Why Download this Report?
Stay ahead in the packaging converting industry with our comprehensive State of Converting Report. This essential resource provides a detailed analysis of current materials and equipment purchasing trends, as well as expectations for future investments in packaging converting. The report also addresses contemporary issues facing packaging converters, challenging product categories, and identifies the most promising market opportunities. By understanding these critical areas, professionals can optimize decision-making and strategic planning in the packaging sector, ensuring they remain competitive in a rapidly evolving market.
Who Should Read this Report?
This report is a must-read for professionals working in the Consumer Packaged Goods (CPG) industry who are involved in or influence decision-making for packaging converting. Additionally, it is highly valuable for those who supply equipment, materials, and information to the CPG industry, as it outlines current trends and future expectations in packaging converting.
Vice Presidents, Directors, and Managers: Involved in Packaging Engineering, Production, Operations, Sales, Business Development, and Procurement.
Packaging Engineers and Specialists: Seeking to understand the latest trends and technologies in packaging converting and material selection.
Product Development and R&D Teams: Looking to align packaging solutions with the latest market demands and industry practices.
Procurement and Purchasing Professionals: Focused on understanding current and future equipment purchasing trends within the packaging industry.
Suppliers and Distributors: Providing equipment, materials, and services to the packaging industry and aiming to better understand client needs and industry standards.
Sustainability and Environmental Specialists: Interested in the latest innovations and challenges in sustainable packaging converting practices.
Study Objectives
Objectives of this research are to evaluate the state of the roofing market by identifying current issues and future trends. Specifically, this research seeks to identify:
Identify the key issues facing packaging converters in the CPG industry.
Understand the product categories that present the most challenges in packaging converting.
Discover emerging and promising market opportunities within the packaging sector.
Assess current and future purchasing plans for converting and packaging equipment.
Methodology
Online surveys completed by active, qualified domestic subscribers of Packaging Strategies and members of the myCLEARopinion panel. Respondents are professionals who work with, influence, or oversee packaging converting for consumer packaged goods, including foods, beverages, personal care, healthcare, pharmaceutical, and household products.
Data was collected October 11 – October 22, 2023
Data Analysis
We use SPSS, a statistical software package, to tabulate all closed-ended numerical data, while open-ended questions are either summarized, coded, or included as written by respondents. Data is presented in graphic and tabular formats, detailing the number of respondents for each question. Sample sizes may vary throughout the report due to skip logic, data cleaning, or missing responses, and some totals may not equal 100% due to rounding. Key metrics include the mean (arithmetic average) and median (middle value of responses). Net values, such as top 2 box scores, may not match individual percentages due to rounding. Sample sizes are indicated as 'n=xx,' with sizes of 30 or more considered statistically reliable, while those below 15 are interpreted directionally. Statistical significance is highlighted at a 90% confidence level, showing results that are likely not due to chance. Significant differences between response options are clearly indicated in the report.