2020 In Review (Cont’d from Page 1)
materials in the first half of 2020, according to the 13th edition of FINAT ’s six-monthly Radar. Consumption of labelstock materials in the wider European economic area was more than 8 percent above the level record- ed in the same period in 2019. In the second quarter alone, demand for filmic roll label materials exceeded the second quarter of 2019 by almost 25 percent. Aztec Label, the Kidderminster, UK-based manufac- turer of self-adhesive label and tag products, acquired a further 4,000 square feet of operational space as part of its plans for growth. The overall U.S. corrugated and folding boxboard market was estimated at $74.5 billion in 2019 and is expected to hit $93.8 billion by 2026, registering a Compound Annual Growth Rate of 3.5 percent from 2020 to 2026, according to a report from Global Mar- ket Insights Inc . Central National Gottesman Inc. ,which owns sales and distribution businesses in the global pulp,paper, tis- sue, packaging, and wood products industries, acquired Northern California-basedAmerican Packaging. Packaging producer TricorBraun entered into an agreement to acquire Price Container and Packag- ing , a rigid packaging distributor serving primarily the industrial and food markets.
Research from AMC Global concerning the impact of COVID-19 on long-lasting consumer behavior sug- gests that new purchasing trends and behavior shifts will continue after the pandemic. Long-time Nilpeter customer, Green-Label of Aar- hus, Denmark, acquired a second Nilpeter FA-17. Green-Label’s new 8-color FA-17 features the added registration and film application packages, a rail sys- tem for value-adding options, soft-tension unwind and UV-lamination. Taking advantage of the COVID-19 pandemic, coun- terfeiters expanded their operations and pose an even greater threat to the health and safety of consumers than ever before. Having decided to focus on its core business of sheetfed printing, Heidelberg sold the Gallus Group to the Swiss packaging business benpac holding , six years after purchasing the company. The third Uteco Sapphire Evo M press was shipped to a North American flexible packaging converter, to be used for large quantities of short run jobs. After two years of modest, 1.5 percent annual de- mand growth in 2018 and 2019, the Covid-19 pandem- ic boosted European demand for self-adhesive label BestBrightHalfHOUSE.qxp_Layout 1 9/12/18 4:26 PM Page 1
(Cont’d on Page 7)
The Best And The Brightest Are Waiting To Hear From YOU
An ad in Flexo Market News is a direct sales meeting with thousands of Presidents, Owners, VPs and General Managers of flexo operations — the key people who make decisions on equipment purchases.
Greg Kishbaugh 317-306-1060 flexo@nvpublications.com Robyn Smith 910-553-4055 rsmith@nvpublications.com
Flexo Market News January 18, 2021 5
www.nvpublications.com
Made with FlippingBook Publishing Software