Consumer Packaging Industry Good for U.S. Economy

Slow population growth, discerning consumers and an environment in which it has been difficult to raise prices create an intense business climate for the CPG industry. Issues such as rising commodity and energy costs, changing consumption patterns, globalization, and supply chain complexity are just a few of the trends affecting the CPG industry significantly on a daily basis. Throughout the 1990s, CPG companies focused on achieving internal productivity gains, but the newly released report indicates that today CPG companies are implementing targeted collaboration across the value chain in order to remain competitive.