Pouch Converters Face Challenges and Opportunities
As we see the light at the end of the 2020 tunnel, we have high hopes for a healthier, successful 2021. We in the flexible packaging industry are a resilient bunch, and new technologies have helped overcome challenges, and even uncover opportunities in spite of, or because of, changing market demands spurred by the constraints and requirements of the world pandemic.
Flexible Packaging and Pouch Demand
The Global Forecast to 2025 report from Research and Markets.com says, “the global flexible plastic packaging market size is projected to
grow from USD 160.8 billion in 2020 to USD 200.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.5%. In terms of both value and volume, pouches segment to lead the flexible plastic packaging market by 2025.”
Increasing demand for food, beverage and pharmaceutical products during the worldwide pandemic, and a vigorous focus on sustainable packaging solutions, including lighter weight, recyclable film and pouches, are contributing factors to this robust growth trend, which isn’t forecasted to slow down.
“The pouches segment is expected to lead the global flexible plastic packaging market by 2025. It is further projected to grow at the highest CAGR from 2020 to 2025,” the report says. It also attributes a rise in e-commerce as a driver for the projected growth.
With such a bright future for pouch converters, selecting the best, most robust equipment to meet demand is essential. Check out the CMD pouch equipment line-up here. One of the best things about our equipment is the consultancy and support that our customers receive.
Safe Support and Remote Solutions
The past year has provided CMD with opportunities to adjust and improve our service offerings. Faced with Covid-19 travel restrictions, we conducted remote machine installations and troubleshooting support. We have integrated augmented reality smart glasses and secure remote assistance software to beat Covid-19 travel restrictions in order to help keep you productive. Yet, we still conduct in-person field visits and execute strong Covid-19 mitigation protocols.
We are committed to your success, and we will continue to provide reliable service support, like:
- 24/7/365 technical phone support via 1-800-626-0210, answered by a service technician.
- Field visits or remote support for:
- Break/fix maintenance
- Preventive maintenance
- Operator or Maintenance training
- Machine optimization audits
- Technology upgrades for existing equipment
- Remote connection to machine PLC HMIs for troubleshooting
Your strategy for equipment and optimization will position your company well for 2021 and beyond.
We wish you a happy holiday season and a healthy, successful 2021!