according to a report by canadean, the packaging industry of uk will expand with a cagr, compound annual growth rate, of 2.01 to 2017. consumer trends will enforce the use of rigid, flexible, and lightweight plastic packaging with pioneering pack shapes, dispensers and closures. dominic cakebread, who is the director of packaging services at canadean, mentions that the sector is on an &lsquoedge&rsquo at the moment. nowadays, the prices have been determined down by the competition in the market but demand and supply will pick up over postrecession. he further mentioned that, on the industry, the last five years have been extremely hard about price due to people want the same functioning at minimum cost. market of private label the market of private packaging label is expanding where customers purchase more ownbrand products of the supermarket, and consumer trends, for instance greater urbanization, population who eat out and move around has increased the demand for pet packages instead of glass. dominic cakebread further mentioned that the recession has brought costs at down. however, he also mentions the need for packaging market to adopt this as the industry comes out of recession. if there is an improvement in the economy, there are indications that margin prices will go up as there will be reduced pressure on the market. the market research company further mentioned that evolving consumer lifestyles indicates that people are looking for improved convenience. as far as british consumers are concerned, looking out for packaging that offers enhanced convenience has become ever more important. the industry of packaging has reacted to this by providing handheld packs that are especially designed for onthego consumption. on 26th of september, food production daily and food quality news, combined by a group of experts, will discover the newest developments in worldwide legislation and current advances in pathogen and allergen decontamination and detection. httpwww.foodproductiondaily.compackagingflexibleandrigidpackagingpricestori…
