Certain Uncertainty

“We have forecasted growth in this market segment for the immediate future,“ he continues. ”Our forecast is based on market research that indicates the folding carton industry is estimated to grow at a rate of four to six percent annually over the next five years.”

Likewise, Joe Elphick, president and CEO of 3C Packaging, shares a positive view of the industry. “According to discussions I have had with other owners in our industry, business has been very good over the past year. 3C’s revenues increased 20 percent this year. All things considered, I believe our industry has fared well compared to the general economy.”