Vol. 22 No. 16 An N.V. Publication Market News FLEX Serving The Flexographic Printing Industry For More Than Two Decades ®
August 3, 2020
COVID-19 Pushes Counterfeiting Higher
FTA Fall Conference Goes Virtual The FTA has made the decision to move Fall Conference 2020 to a ful- ly virtual environment. Now known as Virtual Fall Conference 2020, it retains six of its technical sessions, evolves into a fully online exhibit space, and adds opportunities to con- nect with attendees before, during and after the event. Technical Sessions The decision comes following an arduous review of the issues raised by the ongoing COVID-19 pandemic, travel and in-person gathering restric- tions, the state of business in the flex- ographic industry, and above all, con- cern for the safety and wellbeing of FTA members.Virtual Fall Conference 2020 will take place October 5-7 in FTA’s Virtual Conference Center. Each day will begin with a pair of back-to- back technical sessions. Attendees will be able to listen live to industry experts discussing essential topics, dissect a print sample sent to regis- trants,participate in live polls and ask questions to presenters.
by Greg Kishbaugh
T he COVID-19 pandemic has fundamentally altered the way businesses operate.There are overwhelming challenges that lie ahead and adding to the enormous pressures already bearing down on companies, an age-old problem continues to grow. Taking advantage of an unstable situation, counterfeiters have expanded their operations and pose an even greater threat to the health and safety of consumers than ever before.
The National Association of Manufacturers has released new research entitled “Countering Counterfeits,” that analyzes steps that Congress, the administration and the private sector could take to help combat the problem. “As Americans battle an unprecedented global health crisis, we are also battling a second threat: fake and counterfeit products that harm consumers and undermine manufacturing in the Unit- ed States,” said NAM Senior Vice President of Policy and Govern- ment RelationsAric Newhouse.“COVID-19 has provided new op- portunities for counterfeiters to prey on consumers’ anxiety and use the high demand for online goods to boost their illicit profits—
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Heidelberg Retreats From Flexo With Gallus Sale Having decided to focus on its core business of sheet- fed printing, Heidelberg is selling the Gallus Group to the Swiss packaging business benpac holding, six years after purchasing the company. The transaction will see benpac assume owner- ship of Gallus Holding AG in St. Gallen, Gallus Ferd. Rüesch AG in St. Gallen, Gallus Druckmaschinen GmbH in Langgöns, Heidelberg Web Carton Con- verting GmbH (WCC) in Weiden in der Oberpfalz, and Menschick Trockensysteme GmbH in Rennin- gen – five sites with a total of some 430 employees in Germany and Switzerland. With an agreed pur- chase price of some 120 million euros, Heidelberg is expecting the deal to generate earnings in the mid two-digit million-euro range.The parameters will be finalised at the time of closing. The sale, which still needs to be approved by the relevant bodies and is subject to other condition precedents, is set to take effect before the end of 2020. “We are selling our narrow-web rotary and rota- ry flexographic printing activities to focus more closely on innovative solutions for the entire print- ed sheet value chain,” said Heidelberg CEO Rainer Hundsdörfer.
While the COVID-19 pandemic continues to cause enormous difficulties for converting companies both large and small, press manufacturer Uteco has seen steady business over the past seven months. The company has reported press installations in Utah,Maryland, NewYork,Texas,Arizona,Alabama, and two installations in Montreal. Sapphire Expansion Additionally, the third Uteco Sapphire Evo M press has been shipped to a North American flexible pack- aging converter, where it will be used for large quan- tities of short run jobs. Other two presses are already installed in Italy and Japan. The Sapphire Evo M Press was developed jointly by the Uteco Group and Kodak to help flexible packaging printers migrate jobs from traditional printing processes to digital.The machine utilizes Kodak’s Stream continu- ous inkjet technology and water-based pigment inks from Kodak and supports a maximum web width of up to 25 inches. It features production speeds of more than 500 feet per minute. Uteco also reports that a Sapphire Evo W 53-inch digital press will be coming into North America by the end of the year.
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Counterfeiting Growth (Cont’d from Page 1) all at the expense of American workers, consumers and businesses. The NAM is leading the fight against counterfeiters to ensure the strength and stability of our economy and the health of the American people.” Counterfeiters target a wide range of products, a far greater swath of goods than most consumers would ever imagine. The recent rise in e-commerce, further fueled by the COVID-19 outbreak, has led to a mas- sive uptick in fake consumer products, especially in China. In 2019, more than 8 of every 10 counterfeit products seized at United States borders came from China or Hong Kong. Counterfeiters have exploited the anonymity and lack of oversight afforded through e-commerce to continue to push illegal goods. E-Commerce Surges E-commerce sales now make up 10 percent of all re- tail spending, up from 3 percent of total sales in 2009. Pre-COVID-19 estimates predicted that global e-com- merce sales would exceed $4 trillion in 2020,with U.S. e-commerce spending to exceed $1 trillion by 2025, doubling the volume from 2018. The spike in e-com- merce during the COVID-19 pandemic has added fuel to the fire and will push these numbers even higher. A surge in counterfeits accompanies a growth in e-commerce. And with the extraordinary growth of e-commerce sales, which are expected to exceed $4 trillion by 2020, counterfeiting will continue to surge, as well. According to recent statistics, the global trade in counterfiet goods exceeded an astounding $500 bil- lion in 2016, which is 3.3 percent of all global trade. It is estimated that authorities in the United States catch less than 2.3 percent of the total volume of counrter- feit goods. The NAM estimates that counterfeiting subtracted nearly $131 billion from the U.S. economy in 2019, in- cluding $22.3 billion in lost labor income and more than 325,500 fewer American jobs. This upsurge in counterfeiting threatens the invest- ments that manufacturers put into developing new products and violates their intellectual property rights. Manufacturers in the United States perform nearly two-thirds of all private-sector research and develop- ment, totaling $271 billion in 2018.14, according to NAM’s report. The activities of counterfeiters can do irreprible damage to the brand loyalty in which companies de- vote so much money, resourcs and attention. Con- sumers become confused about the quality and ori- gin and products and services when trademarks are infringed upon.
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In addition to its bi-weekly print edition, Flexo Market News also offers unprecented online reach for advertisers, as well. * Every ad in our print edition appears in our online edition, which includes a link back to your company’s website. • Banner ad opportunities exist at both www.flexomarketnews.com and www.nvpublications.com.
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4 August 3, 2020 Flexo Market News
Pouches Provide Added Safety Precautions
Label Academy Hosts Virtual Master Class
Single-serve, snack packaging is more popular than ever, especially among today’s emerging generations who desire convenience and portability above all.The recent COVID-19 outbreak has fast-tracked this trend for single-serve packaging as consumers want extra as- surance that their favorite snacks are safe to eat and have been handled by as few people as possible. Pack- aging is now recognized as a valued tool in ensuring product and consumer protection, increased shelf life, and safe delivery. GreenSeed, a contract packaging operations compa- ny that designs and manufactures custom packaging solutions for dry foods and supplements in the natu- ral products category, can accommodate all types of applications, including small or large format pouches, stand-up, easy tear, and zippered designs, all with hori- zontal form fill seals.The company reported increased demand in single-serve pillow pouches since the onset of the COVID-19 pandemic. In addition to their safety features, pouches are easy to customize. GreenSeed has worked with numerous CPGs to redesign and“right-size” their pouches,which were bigger and bulkier than necessary.
At the end of June, approximately 150 attendees took part in the Label Academy’s first online master class targeting an international audience. Prior to this, Label Academy master classes had never been held outside of Labelexpo shows. The Digital Printing Technology master class gave at- tendees a unique insight into the technologies, mate- rials, finishing, embellishment and workflow software available to converters.
Hubergroup Implements New Corporate Strategy
International printing ink manufacturer hubergroup has repositioned itself. Effective immediately, the pro- duction and marketing of raw materials for printing inks and coatings will be handled by the Chemicals Di- vision.With its product portfolio, it is primarily aimed at the printing and packaging industry, as well as the paint and coatings industry and chemical companies. To diversify and divide the business into two divisions —Print Solutions and Chemicals — is a strategic cor- porate decision.
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Covid-19 Boosts European Label Demand
After two years of modest, 1.5 percent annual de- mand growth in 2018 and 2019, the Covid-19 pandem- ic has boosted European demand for self-adhesive la- bel materials in the first half of 2020, according to the 13th edition of FINAT’s six-monthly Radar. Consump- tion of labelstock materials in the wider European eco-
nomic area was more than 8 percent above the level recorded in the same period last year. In the second quarter alone, demand for filmic roll label materials even exceeded the second quarter of 2019 by almost 25 percent. Increasing Demand The incremental demand increase for label materials in the first half of 2020 was almost 320 million square meters. More than half of this (53 percent) was com- posed by filmic label materials. In relative terms, the most severely affected regions, UK and Ireland and Southern Europe,were behind the other (double digit) regions but still recorded sizeable increases. The excessive overall demand growth in the first month (most likely reaching its peak in the first three months of the Pandemic, with the European econo- my in lockdown) was attributed to the crucial role of self-adhesive labels as enablers of the critical infra- structure in times of crisis: food, healthcare, person- al care, sanitary products and supply chain logistics. This effect was compounded by stockpiling at retail- ers and brand owners, and the fact that households in lockdown decided to spend their spare time on home maintenance and home delivery of goods and services. Finally, with lockdown measures being released, it can hardly go unnoticed that self-adhesive products play an important part as ‘social distancing’ markers. On the other hand, label demand in ‘non-essential’ sectors like automotive, electronics, travel and cater- ing were suffering in the first half of 2020.The first two
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6 August 3, 2020 Flexo Market News
Counterfeiters also force companies into diverting resources to policing and protecting their brand, pull- ing necessary resources away from critical business operations. Sadly, small and medium-sized manufacturers are the most likely to be harmed the most by the coun- terfeit market and risk being driven out of business as they are unable to offset losses from counterfeit- ing activities. Of course, consumers themselves are put at great risk from counterfeit products.According to Customs and Border Protection, 16 percent of the 31,560 ship- ments of counterfeit goods seized in 2016 contained products posing threats to consumer health and safety. “Counterfeiting is a complex problem that requires unwavering commitment from the private and public sectors to solve,” Brian H. Monks, Vice President and Chief Security Officer, UL.“UL’s Project Centurion, an effort to reduce counterfeit products in the market- place by leveraging a global safety network, led to over 270,000 counterfeit UL Marked products seized globally in 2019, valued at $23 million. UL’s Anti-Coun- terfeiting Innovation Center combines expertise from law enforcement, retailers, e-commerce platforms, government officials and others to address complex Counterfeiting Growth (Cont’d from Page 4)
counterfeiting challenges, reframe problems and im- plement innovative solutions.The Center aims to lead in anti-counterfeiting innovations that drive globally relevant, cost-effective solutions that advance public safety and build capacity within law enforcement and private sector organizations to combat IP crime.” Tackling The Problem A strong and concerted effort is required to tackle this enormous problem. NAM suggests a series of specific actions that all stake- holders can take to reverse the rising tide of counterfeit products.These solutions fall into five areas: Requiring E-Commerce Platforms to Reduce the Availability of Counterfeits Congress should pass legislation requiring e-com- merce platforms to improve vendor screening, remove counterfeit listings and share information with brand owners and consumers. Legislation could assign con- tributory liability if they fail to act. Modernizing Enforcement Laws and Tactics to Keep Pace with Counterfeiting Technology U.S. laws should be modernized to match enforce- ment needs. This includes updating the definition of counterfeit goods and contributory liability and ensur- ing the full enforcement of existing laws to prevent
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Avery Dennison Releases Market Insights Report Avery Dennison has published a Market Insights Re- port that highlights the effects of the IoT-driven digital transformation on the supply chains of a broad range of industries. The report was collated using a combi- nation of primary and secondary research methodolo- gies and yields several findings, particularly against the background of the COVID-19 pandemic. Sixty-five percent of the interviewees of the Supply Chain Market Insights Report said that sustainability will be an even greater priority than before COVID-19, and 83 percent believe that supply chains and associat- ed technologies, including RFID, can assist businesses with their sustainability objectives. The report is the result of an extensive survey with a panel of more than 700 c-suite and leadership roles from retail, logistics, and supply-chain industries across the UK, US, Central Europe, China and Japan earlier this year. In general, the report confirms a high level of awareness and interest in IoT-related technologies such as RFID.After all, 55 percents of respondents be- lieve that deploying these digital technologies across supply chains can assist in solving their concerns and “big issues” such as brand safety, trust, product authen- ticity, transparency, and ingredients integrity. In addition to the results of the quantitative and qual- itative research, Avery Dennison’s Supply Chain Mar- ket Insights Report also presents recent case studies of companies from the retail, food, apparel and other industries, and discusses the history, future prospects and significance of IoT for supply chains of all kinds. “The supply-chain revolution is upon us,” said Fran- cisco Melo,Vice President and General Manager,Avery Dennison Intelligent Labels.“It is becoming everyone’s concern. COVID-19 has brought the very simple prin- ciple of supply and demand into stark focus.” Aztec Label Expands Operational Space Aztec Label, the Kidderminster, UK-based manufac- turer of self-adhesive label and tag products, has ac- quired a further 4,000 square feet of operational space as part of its plans for growth. “This new acquisition takes our total facility foot- print to almost 20,000 square feet,” said Colin Le Gres- ley, Managing Director of Aztec Label. The new building is directly adjacent to the Aztec Label headquarters, a fully refurbished, 15,000-square- foot facility in the heart of theWest Midlands.“We have enjoyed enormous growth since our first labels rolled off the press in 1993,” said Le Gresley.
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Counterfeiting Growth (Cont’d from Page 7)
these types of goods from entering the United States through postal channels. Streamlining Government Coordination to Tackle Counterfeits The NAM proposes a centralized anti-counterfeiting government agency and other steps to improve coor- dination and information sharing between the govern- ment and the private sector. Improving Private-Sector Collaboration in the Fight Against Counterfeits Private-sector actors, including brand owners, e-com- merce platforms and others, must boost collaboration to improve information sharing and other coordina- tion to halt counterfeiting throughout the sales and distribution chain. Empowering Consumers to Avoid Counterfeits Manufacturers support efforts to educate and em- power consumers to avoid counterfeits, including leg- islative solutions to require platforms to notify online shoppers about real or potential risks from counter- feits. Consumers would also benefit from education campaigns on counterfeit products, especially those related to COVID-19.
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Despite the pervasive and devastating effects of counterfeiting, consumers remain unaware of the many dangers the products pose. It will take an on- going educational push, from both CPGs and the gov- ernment, to get consumers to actively take a role in tackling, and reducing, this serious problem. Flint Launches Sustainable Ink Range Flint Group Paper & Board has launchedTerraCode, a sustainable water-based ink and coating range for paper and board packaging applications. In addition to sup- porting printers and their customers meet sustainabili- ty objectives, theTerraCode range is reported to deliver on the necessary requirements for premium packaging results, such as high print quality, product consistency, and ease of use. The inks and coatings are bio-renew- able content (BRC) certified and sustainably sourced.
Flexo Market News August 3, 2020 9
U.S. Corrugated, Folding Boxboard Market Surges
Flexo Market News
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 new report from Glob- al Market Insights Inc. Corrugated and folding box- boards are being increasingly used in the packaging of homecare and personal care products.The usage of these boxes is increasing in the home care industry for the packaging of toilet cleaners, kitchen utensils, and other products used on a daily basis. Based on the product, the double-wall corrugated boxes represented nearly 20 percent in the corrugat- ed segment back in 2019.These boxes are gaining the attention of the customer owing to several benefits they offer including greater rigidity and improved pro- tection among others. Based on the application, the corrugated and folding boxboard are extensively used in the home appliance industry and are anticipated to witness high demand over the analysis time period. The report focuses on several reasons for U.S. corru- gated and folding boxboard market growth: • Increasing demand in the global food & beverage sector. • Rising E-commerce activities, which is driving the packaging sector. • Increase in export for various commodities from the United States The Northwest United States represents a consider- able share of the overall U.S. corrugated and folding boxboard industry. The region is further expected to observe a high growth in the coming years due to its huge export values.Across the United States, the state of California ranks second with regards to export.The state also represented nearly 21 percent of total ex- ports of electronic products. California, in 2018 held a share of more than 6 per- cent in the overall export of transportation equipment, the state is also engaged in the export of several oth- er commodities like chemical, machinery, and crops. Product demand is expected to grow further owing to the increasing demand for electronic products. Central National Gottesman Acquries American Packaging Central National Gottesman Inc., which owns sales and distribution businesses in the global pulp, paper, tissue, packaging, wood products industries, has ac- quired Northern California-based American Packaging.
Adheso-Graphics, Inc. www.adheso-graphics.com
AGI manufactures, distributes and converts current technology flexo mounting tapes and backing sys- tems for corrugated plate mounting. Flexstik hard vinyl, FlexSoft, bi.esse brand, Gold Series Thin tapes for sleeve and Narrow web plate mounting. Specialty tapes that cover the vast thick- ness range requirements and specific adhesion systems for all flexo mounting requirements. We provide technical service and problem solving ser- vices for unique customers & applications. A&V manufactures a complete line of photopolymer plate processing systems and is a leading distribu- tor of flexographic platemaking materials. A&V also sells digital imaging systems and software specifical- ly designed for flexography. ARC International www.ARCInternational.com Anderson & Vreeland, Inc. www.andersonvreeland.com ARC International is a world leader in the manufac- turing of roller products for flexography. The latest nanotechnology laser engraving in our Charlotte and Las Vegas manufacturing facilities ensures superior quality and consistency in anilox rollers. DuPont Packaging Graphics www.cyrel.com/na DuPont Packaging Graphics is the world’s leading supplier of flexographic printing systems in digital and conventional formats; including Cyrel® brand photopolymer plates, Cyrel® FAST processing equipment, Cyrel® round sleeves, mounting and fin- ishing products. For more than 35 years, beginning with Cyrel®, the first photopolymer printing plate, through to to- day’s digital workflow revolution, DuPont has been driving innovation in the Flexo and package printing industries. The Digital Cyrel® FAST imaging system has been broadly recognized for its efficiency, productivity, print performance, and environmental benefits.
10 August 3, 2020 Flexo Market News
FINAT Report (Cont’d from Page 6)
sectors also happened to be the two sectors recording negative growth rates in 2019 compared to the year before, the first time that two sectors reported a con- traction since the monitor started in 2014. As FINAT President Chris Ellison commented:“Up till now, 2020 has been a tale of fame and famine for the industry. Certain parts of the industry could hardly cope with the excessive demand pressures, others had to rapidly adjust to a steep drop in demand in their sector.” The fact that so far in 2020, short term economic survival prevailed over longer term investment was not only apparent in consumer goods and services, but also in the label industry’s investment projections. According to the same Radar report, label converter companies have tended to delay investment in heavy equipment till at least 2021, a year that will be heavily packed with trade shows including three Labelexpo shows in different regions. Another tale of fame and famine are the tensions at operational level in the pro- duction facilities that on the one hand had to cope with excessive demand for label solutions and delayed payments from customers,while at the same time cop- ing with disruptions in raw materials supply and short- age of staff due to Covid-19 restrictions and worker health issues. Since the outbreak of the Pandemic at the beginning of March, FINAT, the European label association repre- senting some 600 member facilities overall, has been liaising with its members online via regular Covid-19 briefings, zoom meetings and most recently FINAT briefings, to update members on the latest status of the local and European lockdown measures, report on actions undertaken by national and European label and packaging industry bodies, but also to provide the platform for members to stay connected, exchange ex- periences and provide mutual support in handling the crisis together. Packaging Innovation Event Postponed Packaging Innovations & Luxury Packaging London, which was due to take place on September 23-24 at Olympia London, has been moved to December 8-9. The event will remain at the same venue and along- side the company has launched a series of webinars that provide content and discussions relevant to the packaging community at the current time, all under its Packaging Innovations, Empack, Luxury Packaging, ADF, PCD and PLD brands. Entitled ‘Innovation Talks’, they mix formats of presentations and panel discus- sions on topics of the moment and are free to join.
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Flexo Market News August 3, 2020 11
Siegwerk Joins Project STOP To Combat Plastic Pollution Siegwerk has become a strategic partner of Project STOP, a frontline initiative, co-founded by Borealis and SYSTEMIQ, that designs, implements and scales circu- lar economy solutions to marine plastic pollution in Southeast Asia. Since its launch in 2017, Project STOP has welcomed various industrial and governmental partners designing, implementing, and scaling circular economy solutions to prevent plastic waste pollution. Siegwerk is now joining this network of system rele- vant players that are committed to support the estab- lishment of on the ground solutions in Indonesia. Every year, roughly 12 million tons of plastic waste end up in the ocean impacting community health, wealth and polluting the environment. An estimated 50 percent of marine debris originates from just five Asian economies: China, Indonesia, the Philippines, Vietnam, andThailand.With an annual consumption of more than 6 million tons of plastic and an estimated ocean leakage of 1 million tons per year, Indonesia is the second largest contributor to ocean plastics. In re- sponse, the Indonesian government has created a Ma- rine Debris Action Plan in 2017 committing itself to reduce Indonesia’s ocean plastic levels 70 percent by 2025. Project STOP has four core objectives; zero leak- age of waste into the environment; creating more cir- cular systems; achieving economic sustainability; and benefits to local community via creation of new jobs and reducing impact of mismanaged waste on public health, tourism and fishers.
Flexo Market News
Eaglewood Technologies, LLC www.eaglewoodtech.com
Eaglewood Technologies provides the award-win- ning Sitexco Laser Systems, Sanilox ™ Systems and Sani-Blast ™ Mobile Service. Sitexco Laser Systems are the latest technology in anilox roll cleaning and are perfect for packaging and label printers. San- ilox ™ Systems are the global standard of reliable, environmentally safe anilox roll cleaning. Sani-Blast ™ cleaning service has been cleaning rolls for over 20 years and offer several cleaning options to minimize downtime. Flint Group Flexographic Products develops, man- ufacturers and markets an extensive portfolio of printing consumables, including: nyloflex ® photo- polymer printing plates and processing equipment, and dayCorr ® die-cutting blankets and anvil covers. With a strong customer focus, unmatched service and support, and superior products, Flint Group strives to provide exceptional value, consistent qual- ity and continuous innovation to customers around the world. Flint Group www.flintgrp.com
Packaging Industry M&A Deals Total $195.86 M
J I MacWilliam Co., Inc. www.jimacwilliam.com
Used equipment for flexible packaging, folding carton, paper, film, foil and non-woven industries. Professional, knowledgeable service for more than 30 years.
Total packaging industry Merger & Acquisition deals in the second quarter of 2020 worth $195.86 million were achieved globally, according to GlobalData’s deals database. The value marked a decrease of 92.1 percent over the previous quarter and a drop of 93.2 percent when compared with the last four-quarter average, which stood at $2.89 billion. Comparing deals value in different regions of the globe, Europe held the top position, with total an- nounced deals in the period worth $103.25 million.At the country level, Sweden topped the list in terms of deal value at $71.28 million. In terms of volumes, North America emerged as the top region for packaging industry M&A deals globally, followed by Asia-Pacific and then Europe. The top country in terms of M&A deals activity in the second quarter of 2020 was the United States with 12
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12 August 3, 2020 Flexo Market News
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Labelexpo Southeast Asia 2020 September 10-12, 2020 Bangkok International Trade & Exhibition Centre Bangkok, Thailand FTA Fall Conference October 4-7 Cincinnati Marriott at RiverCenter Cincinnati, OH TLMI Annual Meeting Industry Events
deals, followed by China with six and Sweden with three. In 2020, as of the end of the second quarter of 2020, packaging M&A deals worth $2.66 billion were an- nounced globally, marking a decrease of 74.1 percent year on year. The top five packaging industry M&A deals account- ed for 55.1 percent of the overall value during the sae- cond quarter of 2020. The combined value of the top five packaging M&A deals stood at $107.94 million, against the overall value of $195.86 million recorded for the month. Global Green Packaging Market to Reach $239.1B Amid the COVID-19 crisis,the global market for Green Packaging estimated at $174.7 billion in the year 2020, is projected to reach a revised size of $239.1 billion by 2027, growing at a Compound Annual Growth Rate of 4.6 percent over the analysis period 2020-2027, ac- cording to a new report from Reportlinker.com. Recycled Content Packaging, one of the segments ana- lyzed in the report, is projected to record a 4.9 percent CAGR and reach $131 billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis,growth in the Reusable Packaging segment is readjusted to a re- vised 4.3 percent CAGR for the next 7-year period. The Green Packaging market in the Unites States is estimated at $47.4 billion in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of $48.6 billion by the year 2027 trailing a CAGR of 7.1 percent over the analysis period 2020 to 2027.Among the other noteworthy geograph- ic markets are Japan and Canada, each forecast to grow at 2.5 percent and 4.1 percent respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at ap- proximately 2.8 percent CAGR. The Degradable Packaging Segment is set to record 2.7 percent CAGR. In the global Degradable Packaging segment, the United States, Canada, Japan, China and Europe will drive the 2.3 percent CAGR estimated for this segment.These regional markets accounting for a combined market size of $5.1 billion in the year 2020 will reach a projected size of $6 billion by the close of the analysis period. China will remain among the fast- est growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach $31.6 billion by the year 2027, while Latin America will expand at a 3.5 percent CAGR through the analysis period.
Oct 11-13, 2020 The Broadmoor Colorado Springs, CO Labelexpo India October 28 - November 1, 2020 India Expo Centre Greater Noida, Delhi NCR Pack Expo International November 8-11, 2020 Chicago, IL TLMI Converter Meeting March 21-23, 2021 Windsor Court Hotel New Orleans, LA FTA InfoFlex 2021 May 3-4, 2021 Kansas City, MO SuperCorrExpo 2021 August 8–12, 2021 Orange County Convention Center Orlando, FL Labelexpo Europe September 21-24, 2021 Brussels Expo Brussels, Belgium CorrExpo 2021 September 27 - 29, 2021 St. Louis, Missouri FTA Fall Conference October 4-6, 2021 Frisco, TX TLMI Annual Meeting October 17-19, 2021 Naples Grande Beach Resort Naples, FL
Flexo Market News August 3, 2020 13
People & Places
Anderson & Vreeland Anna Mateu has joined Ander- son & Vreeland, manufacturer and distributor of flexographic print technologies, equipment and con- sumables, as Supply Chain Analyst. Mateu will be working from the Irving,Texas, office. Her focus will be on inventory analyzation and, specifically 3M. Mateu is a recent graduate of Texas Christian Uni-
Rates: Boxed Ads: Print: $95.00 per column inch . On-Line: $95.00, ($65.00 if placed with print ad). To place ad call (317) 306-1060 or email: email@example.com.
Flexo Market News® is published bi-weekly by NV Business Publishers Corporation, in association with Board Converting News®, Corrugated Today® Recycling Markets®, International Paper Board Industry®, Folding Carton Industry®, and Board Converting News International. Marketing and Circulation offices: PO Box 802, Manasquan, NJ 08736-0802, Phone: (732) 245-3702. Subscription Rates in U.S. and Canada $60 per year or $105 for two years. Overseas rate per year $80 USD. Current issue single copies (pre-paid only) $5.00 in U.S. (elsewhere $7.50); add $5.00 per order for shipping & handling. No part of this publication may be trans- mitted or reproduced without permission from the publisher. Eaglewood Seeks Sales Reps Eaglewood Technologies, a leading supplier of SAFE, SMART, SUPERIOR products for the FLEXO market, seeks Independent FLEXO sales representatives in the Eastern and Western regions of the U.S. to represent our growing product portfolio. Please send your inquiries to Petej@eaglewoodtech.com Subscriber Services For change of address, missed issues and other subscription questions call: (317) 306-1060 or email: firstname.lastname@example.org
versity with a Bachelor of Business Administration majoring in Supply and Value Chain Management. She has yellow and white belt training in Lean Six Sigma.
Fujifilm Rich Rindo has been promoted to Vice President, U.S sales, com- mercial print strategy and business development for Fujifilm North America Corporation, Graphic Sys- tems Division. With oversight of Graphic Systems, Rindo will col- laborate across many functional groups within the business includ- ing Sales, Marketing, Operations,
and Finance, to enhance analog and digital print/ graphic offerings for all print service provider customers and prospects.
Miraclon Stephen McCartney as has been named Commercial Director for EAMER for Miraclon. McCartney joins Miraclon with more than 25 years of B2B commercial and dis- tribution management experience.
Robyn Smith - President/Publisher Len Prazych - Vice President
Greg Kishbaugh - Editor/Co-Publisher Phone: (317) 306-1060 email: email@example.com
Michelle McIntyre - Circulation Christine Eckert - Accounting Manager Jackie Schultz - Contributing Editor T.J. Vilardi - Webmaster/Social Media Coordinator
Flexcon Flexcon North America has appointed Kara Weiner as its new CEO to focus on cross-function- al collaboration and improve on operational im- provements.Weiner most recently served as Vice President of Operations at Stratasys. Previously, she served as a manager for 3M Company.
Tom Vilardi (1961-2018) Chairman Ted Vilardi (1933-2013) - Founder ©2019 NV. Publications All Rights Reserved
14 August 3, 2020 Flexo Market News
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