packaging to minimize labor costs. Demand for environmental performance — Con- sumers are demanding transparency from brands about their environmental activities and the impact of their products and packaging on the climate and the environment. Internet and e-commerce —The rise of online shop- ping and e-commerce continues, hence there is some downside for retail-ready packaging as more shopping leaves retail outlets. Fedrigoni Group, an Italian specialty paper manufac- turer, has completed the acquisition of Ritrama, spe- cializing in self-adhesive products with production facilities in Italy, Spain, UK, Chile and China. The pre- liminary sale agreement was signed in October 2019. The Fedrigoni Group will continue to invest in Ar- convert and Ritrama’s high value-added self-adhesive products.The enlarged portfolio will be already on dis- play at drupa 2020. Ritrama posted total revenues of approximately $443 million in the year ended Decem- ber 31, 2018; Fedrigoni’s total revenues approximated $1.33 billion in the same period. Fedrigoni Completes Acquisition Of Ritrama
Retail-Ready Packaging (Cont’d from Page 3)
ulating the consumption of retail-ready packaging, albe- it in some instances in less sophisticated forms. ‘Westernization’ of food shopping in developing markets — In transition economies, China is a lead- ing adopter of Western shopping trends, many suppli- ers are embracing this phenomenon by incorporating moreWestern products into their SKUs. Interactivity — Retail-ready packaging plays an im- portant role in establishing and enhancing brand image and message. It creates an opportunity for the brand owner to interact with their consumer, both visually and technologically. Innovation in digital print and fin- ishing systems are now offering a suite of options for tailoring content to specific events, store locations, or customer preferences. Standardization of shelving and pack formats — The efficiency of retail-ready packaging systems is enhanced by the adoption of standardized pack sizes, which require less time on machinery set-up, fewer die-cut variants and, ultimately, that improve efficien- cies for retail store employees. Retail-ready packaging driving flexible packag- ing adoption — In move away from designs that use peg bars to hang pouches, major retailers are encouraging the use of flexible packs in retail ready
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