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The surge in M&A activity within the packaging industry is palpable, with private equity firms leading the charge.

As a relatively young industry in the context of printing, and a downstream user of a variety of raw materials, there are many things label converters can learn from older, established industries like paper and board, and from new packaging formats like flexible packaging.

In the 2012 PPC Trends Report, RISI predicts that shipments of folding cartons are forecast to grow at a 0.5 percent average annual pace between 2012 and 2016. While modest, growth is steady and forecasted to continue, it is expected that the pharmaceutical industry will offer the greatest opportunity for folding cartons during the next five years.