PMMI's Vision 2025 Report Reveals Consumer Demand for Personalization Creates Operational Challenges for CPG Companies

CPGs recognize the benefits of working with OEMs and suppliers to improve operations and meet consumer demands.

Vision 2025
Vision 2025

Reston, Va.; July 19, 2017 — Consumer demand for customized products that enable their own supply chain is creating challenges for consumer packaged goods (CPG) companies, according to the Vision 2025 report produced by PMMI, The Association for Packaging and Processing Technologies. CPGs are looking at various solutions to these operational obstacles, chief among them improved relations with OEMs and other suppliers.

With just a few more months until the show floor opens for PACK EXPO Las Vegas and the co-located Healthcare Packaging EXPO (Las Vegas Convention Center; Sept. 25–27) the 2017 Vision 2025 report shines a light on the importance of bringing the industry together to look at ways to meet consumer demands.

For nearly a decade the Vision 2025 program (previously Vision 2020) has contributed to PMMI's year-round outreach to CPG companies. At this year's inaugural ProFood Tech, PMMI's Business Intelligence group conducted a series of focus groups capturing the perspectives of CPG professionals on four key areas — consumer demands, internal operational challenges, workforce challenges, as well as regulatory requirements and their impact on supplier relations.

"The Vision 2025 report is a great resource for PACK EXPO Las Vegas and Healthcare Packaging EXPO exhibitors to understand the issues faced by their customers, better preparing them to showcase the solutions CPGs crave," says Paula Feldman, director of business intelligence, PMMI.

PACK EXPO Las Vegas and Healthcare Packaging EXPO is expected to host 30,000 attendees, including 5,000 international visitors from more than 125 countries, and 2,000-plus exhibiting companies that will span nearly 900,000 net-square-feet of an almost sold-out exhibition floor.

This fall's event is the ideal setting for CPGs to explore solutions to meet consumer demands and help achieve their business goals. Registration for the event is $30 through Sept. 1 and will increase to $100 thereafter. For more information and to register, visit www.packexpolasvegas.com.

About PMMI
PMMI, The Association for Packaging and Processing Technologies, represents more than 800 North American manufacturers and suppliers of equipment, components and materials as well as providers of related equipment and services to the packaging and processing industry. We work to advance a variety of industries by connecting consumer goods companies with manufacturing solutions through the world-class PACK EXPO portfolio of trade shows, leading trade media and a wide range of resources to empower our members. The PACK EXPO trade shows unite the world of packaging and processing to advance the industries they serve: PACK EXPO International, PACK EXPO Las Vegas, Healthcare Packaging EXPO, PACK EXPO East, EXPO PACK México, EXPO PACK Guadalajara and ProFood Tech. PMMI Media Group connects manufacturers to the latest solutions, trends and innovations in packaging and processing year-round through brands including Packaging World, Automation World, Healthcare Packaging, Contract Packaging, ProFood World and Packaging + Processing OEM. PMMI Business Drivers assist members in pursuing operational excellence through workforce development initiatives, deliver actionable business intelligence on economic, market and industry trends to support members' growth strategies, and actively connect the supply chain throughout the year.
Learn more at PMMI.org and Packexpo.com and PMMIMediaGroup.com.

Companies in this article
More in Home