To remain competitive, processors need to raise speed and output

摘要

Globally branded products are under pressure as local and store brands fight for market share at greatly reduced prices. Processors have been forced to become more efficient. Some food producers have gone to an auction-style bid process to purchase converted products for their packaging. To be more competitive, the processors have looked at wider process webs and/or more speed. Substitute packaging is also challenging existing market share. For instance; PET bottles are getting much lighter and cheaper, vying for a larger share of the drink packaging market.