3 minute read

CPA News

Next Article
Products

Products

Industry Enjoys In-Person Events

Registration is Open for ENGAGE

CPA’s annual event is now called “ENGAGE” – The Contract Packaging and Manufacturing Experience! Registration is now open for the event, which is scheduled for March 1-3, 2022, at the Hilton Clearwater Beach Resort and Spa in Clearwater Beach, Fla. This is the largest networking opportunity for the CP/CM industry, its customers, and suppliers. Take advantage of early-bird pricing and save $200 on your registration fee.

Over 200 people are expected to attend the in-person meeting. Participating in the event will allow you to connect with existing partners and network with potential prospects.

Working agenda topics include Economic Impacts - Trends and Insights; CPG Panel Discussion; Workforce, Labor and Regulations Panel Discussion; State of the Industry Trends; and Cyber Security. Learn more at www.contractpackaging.org/engage.

2021 CPA Show Updates

SNAXPO 2021 was a success—with 50 leads looking to do business with CP/CMs—and a great place for the CPA to get resettled into the trade show world after the 18-month pause caused by the pandemic.

The CPA also attended Natural Products Expo East (NPEE) in Philadelphia. CPA was very pleased with the attendance and energy from exhibitors and attendees alike. Approximately 130 leads looking to do business with CP/CMs were collected, and the membership and their capabilities were fully promoted and displayed.

In September, CPA was at PACK EXPO Las Vegas (PELV) for the biggest packaging and processing show of the year. The turnout was amazing, and it truly felt like the industry was eager to get together again. Leads are still being calculated, but they are estimated to be well over 200. The CPA Sourcing Center filled five towers with member’s products, displaying their offerings and capabilities, and the Meet & Greet event was a booming success with well over the predicted number of attendees. Another big thank you to our Meet & Greet as well as our Annual Sponsors.

State of the Industry Report Now Available

This expanded, comprehensive 180-page report, now in its sixth edition, combines over 150 online executive interviews, plus quantitative and qualitative primary and secondary research to produce a more detailed view of the CP/CM industry—its opportunities, headwinds, and evolving future.

The full report covers topics that include defining the food/CPG industry by scope and revenue; industry CAGR 2021-2025 by sector; post-pandemic trends; the continued expansion of private equity; industry consolidation trends; customer views on the changing marketplace; the current labor market and widening talent gap; demographics on size, company age, locations, and revenue; enterprise technology implementations and penetration rates; offshore and Mexico-based competition; and sustainability trends.

Want to learn more before investing in the full report? You can order the Executive Summary for a high-level overview of the report findings. If you then decide to order the full report, the cost of the summary will be credited toward your purchase. CPA members receive the Executive Summary for free and can purchase the full report at a 50% discount. For more information, visit www.contractpackagingreport.com.

CPA Bolsters Value Through Partnerships

Over the past couple of years, CPA, the Association for Contract Packagers and Manufacturers, has been fostering relationships with companies that can offer unique information and services useful to those working in the CP/CM industry.

Blaige & Company Consultation: Thomas Blaige is offering his expertise in M&A exclusively to CPA members. Each CPA member company receives a complimentary one-hour session with Blaige, who has over 30 years of transaction experience in CP/CM M&A.

CPA and Nulogy University: CPA’s recent partnership with Nulogy, a leading provider of agile supply chain solutions, grants CPA members complimentary access to the educational resources of Nulogy University, a proprietary online training platform for CP/CM businesses.

PTIS Consultation: Each CPA member company receives a complimentary half-hour session with a PTIS principal who can help you understand your packaging material, container, packaging systems, and sustainability needs to support current and new customer requirements.

Learn more at www.contractpackaging.org/ value-programs. CP

This article is from: