Recently Released Market Study: Packaging Industry in Germany
Difficult market conditions, soaring raw material prices and increased overheads reduced earnings and increased the cost structure for consumer goods manufacturers. As a result, cost-cutting measures were widely introduced, with the majority of them resorting to cheaper packaging. This was visible in the mass market more than in value-added, luxury products. Thus, the usage of high-value materials such as glass dropped, whereas plastic, which has a low unit value, registered growth. In...
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