See new packaging innovations in one convenient place at PACK EXPO East
Get up to speed on the latest innovations in packaging and processing at PACK EXPO East, March 18 – 20 in Philadelphia. Don’t miss out!

Finding Success in Your Business

Learn from your peers and sources available to you how you can succeed.

Melissa Griffen, Editor, Contract Manufacturing & Packaging magazine.
Melissa Griffen, Editor, Contract Manufacturing & Packaging magazine.

Hello dear readers,

Such a big topic! And the road to success is bumpy, swerve-y, and never the same for each person or company.

The last six months I’ve spoken with many companies that have all seen great success by different means. There is no recipe, no one-size-fits-all solution as each contract manufacturer and contract packager faces their own challenges in the respective industries they serve.

My hope and plan is to find the success stories in each of the industries our members pertain to so that they can shared and become inspirational, thought-provoking insights to help you gain or further your own success.

From case studies to charities to ESG roadmaps and more, this issue contains stories from your fellow members that are worth a look.

Another resource that can inform your decision-making, idea generation, and plans is the CPA’s State of the Industry 2022 report, soon to be released. The content is based on interviews with 160 contract packagers and manufacturers as well as some of their customers. At PACK EXPO Las Vegas, Carl Melville of the Melville Group shared the following sneak peaks and more:

  • Inside will be a 22-page report on mergers and acquisitions by an investment banker based out of Chicago who specializes in the industry.
  • It discusses the key categories that have moved the industry forward and what role they played, which include secondary packaging and contract manufacturing. Some reasons that these services have been so successful are lowering costs, efficiency, innovation, and speed-to-market.
  • The contract packaging industry has tremendous growth opportunities and though it is fast growing, it does not yet show signs of hitting a ceiling in coming years. However, not all contract manufacturers are thriving, 10% are struggling to keep themselves out of the red. The report sums up the reasons that some contract services are being so negatively affected.
  • The continued effect of SKU proliferation on contract manufacturers and contract packagers.
  • The effect of inflation in connection to the COVID-19 pandemic.
  • The effect of recessionary behaviors in consumers.
   unPACKed podcast: Harnessing Digital Transformation for a Greener Tomorrow

Discover Our Content Hub
Access Packaging World's free educational content library!
Read More
Discover Our Content Hub
Discover innovations from 400+ packaging & processing suppliers.
The largest PACK EXPO East in history is March 18-20 in Philadelphia! In one convenient location, you’ll discover new technology from top suppliers, get quality problem-solving time with experts and learn the latest trends in free educational sessions.
Read More
Discover innovations from 400+ packaging & processing suppliers.