Globalization: What’s the Deal?

Dahbura adds, “While it’s not an especially optimistic picture, U.S. converters will do well by recognizing that we are part of a rapidly maturing market and that the basic, common-sense manufacturing practices need to be maintained to survive.”

Dahbura states that the most obvious opportunities are for the large multi-national converters that are seeking new markets and the smaller niche players that have markets overseas. But for general converters, opportunities are fewer. “There are fewer opportunities because the pressure-sensitive industry has rapidly matured and has become quite sophisticated around the world, especially with the availability and affordability of aftermarket presses and related equipment,” he says. However, he cites security labels and packaging as potential opportunities for converters to “counter the explosion of counterfeit products from overseas into the U.S.”