Canadean White Papers
Global Packaging Survey 2012-2013: Market Trends, Buyer Spend and Procurement Strategies
This report is the result of an extensive survey drawn from Canadean's exclusive panel of leading global packaging industry companies. This report provides the reader with a definitive analysis of the industry outlook and explores how opportunities and demand are expected to change in 2012-2013. Furthermore, this report not only grants access to the opinions and strategies of business decision makers and competitors, but also examines their actions concerning business priorities. The report also provides access to information categorized by region, company type, and company size.
Of respondents across the industry, 44% are "more optimistic" about revenue growth for their company over the next 12 months as compared to the previous 12 months. Strong growth in emerging markets such as India and China has contributed to an increase in revenue optimism. The packaging sector in India is growing considerably and is expected to increase over the next two years due to high demand from industry sectors such as food and beverage and pharmaceutical packaging.
Industry executives expect to see increased levels of consolidation, with 55% of respondents anticipating either a "significant increase" or an "increase" in merger and acquisition (M&A) activity over the next 12 months. Noticeably, there has been no substantial change in expectations of consolidation among packaging companies in 2012 when compared to 2011 survey results. The higher expected levels of consolidation in the packaging industry are due to new cost or demand pressures, repayment of debts, the potential need to meet new compliance procedures or gain quick access to new markets, business expansion, and attempts to
increase market share.