Page 23 - FINAT Yearbook 2014

SPECIAL COVERAGE
The publication will also feature special coverage of issues pertinent to the changing dynamic of the European label converting marketplace. For the first edition of the report, brand owners were surveyed regarding their companies’ label sourcing trends and whether they were considering replacing Western European sourcing channels with other regions. Every brand owner was asked this question and the analysis of the aggregated results is a provocative one. Within the next 12 months, more than 50% of surveyed brand owners indicated that their companies were seriously considering the re- sourcing of some, or all, of the labels currently sourced from
Western Europe, from other regions. The recently published first edition of the report goes into more details regarding which regions brand owners are considering as sourcing channel replacements, and a projection of which end-use categories will be the most impacted.
We are confident that our members will find FINAT RADAR to be a tremendous resource for their own strategic planning and market research purposes. We look forward to working with FINAT member converters and suppliers, and with LPC, Inc., in publishing future editions of the report and to meeting the changing requirements of our membership.
4 FORCES MODEL (SEE EXPLANATION ON PAGE 21)
CORPORATE
Globalise or localise? Diversify or specialise? Merge, partner or independent? Sell or plan succession? Educate new generation Harmonise worker qualifications Benchmark best practice Acquire knowledge Establish collective network Use ASSOCIATIONS as vehicle!!
MARKET
Maturity of self-adhesive labelling Alternative decoration technologies Package print integration Augmented reality: labels connecting virtual and reality
Retailer private labels dominant Buyers’ market > selling skills! Labels as ‘high-end solutions’
Source: FINAT
TECHNOLOGY & INNOVATION
Flexo (60% of new installations) still the workhorse
Digital fastest growing (now 20%) Combination (10%) serving high-end Remainder (10%) offset, letterpress, screen Innovations materials, consumables & processes to enhance functionality, interact with IT & data systems, comply
with product safety, reduce waste, promote sustainability
SUSTAINABILITY & COMPLIANCE
People: social responsibility, education, worker health & safety
Planet: resources (materials, energy), waste (process and product), logistics, reuse and recycling.Profit: production processes, lean management, supply chain thinking. Rules, regulations and standards
Sustainability and compliance major drivers for innovation!
23
FINAT YEARBOOK 2014 |