European flexible packaging manufacturers concerned about polymer shortage and price development
The effect on converters means they may have difficulties in supplying finished products to meet their customers order requirements, particularly in the food and beverage sectors.
Increased demand in lockdownThose have an increased demand to serve the European population during the pandemic with its many lockdowns. During times when canteens and restaurants are mostly closed, and more adults and children are working and studying from home European consumers depend on a safe and stable supply of food and beverage products. Almost half of the Fast-Moving Consumer Goods (FMCG) excluding beverages in the European Union are packed with flexible packaging. Examples are all kind of packaged foods, pet food, personal and household care products.
Both small and medium sized manufacturers and multinational companies of flexible packaging are suffering from this situation of the insufficient raw material supply causing increased complexity in the production schedules of FPE’s member companies.