Research firm takes a look at what we need to watch out for in the coming years.
As flexible packaging materials like foils and films are gaining popularity at an unprecedented rate, the research firm SpendEdge took a look at the challenges that companies in this booming industry need to be wary of. We thought we’d review their findings and let you know how we are preparing for these challenges.
1) Rising Raw Material Costs
While it’s true that the prices of many of the common raw materials we use—including paper, plastic, polypropylene, resins, films, paperboard, and adhesives—have gone up as demand has increased, AMGRAPH is able to leverage our years in business and our ability to purchase in bulk to our advantage. As one of the premier manufacturers of flexible packaging, we are able to qualify for competitive pricing on many of our raw materials, and we are then able to pass the savings along to our customers.
2) Rapid Technological Changes
Innovation is the name of the game in the flexible packaging business—and no company is more committed to innovation than AMGRAPH. Staying ahead of the curve in terms of technology does require capital investment, but we recognize that this is a cost that pays dividends in the long run. We utilize state-of-the-art equipment to make sure we are able to meet our customers’ fast-changing demands.
3) Sustainability Challenges
Consumers, environmental groups, and government organizations are all pushing for maximum sustainability—and that can be a challenge for companies that aren’t focused on the environmental impact of their materials. Luckily for AMGRAPH (and our customers) we’ve been committed to environmentally friendly materials and processes for years. Our inks, films, and other raw materials are specifically selected for sustainability, and even our facility operates with a greatly reduced carbon footprint thanks to fuel cell power, geothermal cooling, EnergyStar equipment, and more
4) Perishability of Contents
Flexible packaging companies aren’t only pressured to innovate; at the same time, we must also ensure that we design packages that protect contents from the external environment. It can be a challenge, but at AMGRAPH, we’ve been meeting that challenge for years. We have customers in all facets of the food and beverage industry, and we realize that quality and safety are of paramount concern. Our equipment can manufacture packaging to the tightest tolerances, and our extensive experience means we’ve created hundreds of unique packaging solutions for food and beverage makers.
As the flexible packaging market grows, challenges certainly will continue to arise. But at AMGRAPH, we are confident that we have the experience and the know-how to overcome those challenges. If you want to incorporate flexible packaging but are concerned about any of these issues, give us a call! We’ll show you how we can reliably meet all your packaging needs.