There is increasing demand in the global packaging industry for new tech and business solutions due to a shift in consumption behavior worldwide as a result of a growing middle class and elderly population. Today’s consumers are looking for three main qualities in their packaged products: convenience, ease of use, and ease of transport. Clients in the pharma space are seeking similar attributes, in addition to packaging that provides longer shelf-life. With higher demand comes more significant market opportunity, and with a highly competitive supplier landscape, the global packaging and labeling market is poised to experience steady growth in the coming years.
Brand owners face increasing product traceability, distribution efficiency, design versatility, and shelf-life requirements. New complexities in label and packaging designs have made it even more challenging for customers to find the right balance of branding and inventorying. One of the main hurdles is companies’ inability to efficiently map label interdependencies such that changes can be rolled out promptly and reliably wherever new requirements apply. Another complication lies in the form of detecting foreign particles and discovering crushed or broken products before their distribution—especially by using traditional visual detection systems.
This edition of Pharma Tech Outlook presents to you the top packaging and labelling solution providers in Europe. Over the past few months, a panel of CEOs, CIOs, VCs, and the editorial team of Pharma Tech Outlook have reviewed companies in the packaging and labelling sector and have shortlisted the forerunners who have shown exceptional growth and have met the challenges of the industry head-on. We present to you “Top 10 Packaging and Labelling Solution Providers in Europe 2020.”