A recent survey shows that most CPG brands will invest in packaging over the coming year:
“A survey of 250 brand owners in the CPG industry found 75% expect to increase their spending on packaging during the next year, according to L.E.K. Consulting. That’s up from the past two years, the company added, as 65% in 2018 and 40% in 2017 said they would be increasing spending. Almost one-third of them plan to hike their packaging budget by more than 10%.”
P.S. Packaging is important to your brand. . .and your sales. If you feel frazzled as you try to juggle the many aspects of running a supplier business, don’t fret. Our experts can help you optimize supply chain logistics so that you can spend more time on product and brand development. Get in touch today.