You may not notice, but packaging is literally everywhere. A recent report indicates the worlds packaging markets are expected to grow at 5.4% CAGR over the next seven years. The biggest markets are Asia-Pacific and North America. The biggest users are packaged foods and pharmaceuticals. Packaging materials are also diverse and usually based on the product being packaged.
Interestingly, we see these trends play out in our business too. Over the last two years CPI has experienced explosive growth across the entire packaging supply chain. We’ve also responded to the Asia-Pacific influence by establishing local sales, service, and fabrication partnerships in the region. “Our business has really seen a transformation across the packaging supply channel…” said Scott Shaver, Vice President, Sales & Marketing. “It all starts with the raw material suppliers and follows straight through to the printers and convertors of these goods”
CPI is well positioned to partner with our customers to provide highly innovative and efficient air pollution control systems for wide reaching needs. Traditional fossil based feedstock’s and bio based or renewable feedstocks are served by a number of our systems. Partner companies across the globe all can benefit from nearby sales and MRO support for scheduled, unscheduled, and preventative maintenance.
As we transition from 2015 to 2016, Catalytic Products would take an opportunity to share a little about our business and connect the solutions we are delivering for customers to current events. We invite you to contact us with any questions you may have whether in the packaging market or any of the other industries we serve.