Some of the most innovative and successful small-batch purveyors in the gourmet food industry have soared in popularity by following this winning formula: Great product in the right packaging.
The market was valued more than $35 billion in terms of revenue in 2019 and is predicted to grow at a CAGR of 25.8% during the forecast period (2020 to 2027).
Driving automation investments for converters and flexible packaging market are tight tolerances and rapid changeovers due to more eCommerce product introductions.
Servo technology, sensors, and machine vision have been serious players in many different industries within manufacturing over the last fifteen years, and these automation technologies emerged due to standardized industrial protocols on the plant floor.