Key Priorities include Price, Speed & Advanced Product Design
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--
Jabil Circuit, Inc. (NYSE:JBL) today announced key findings from a
recent survey of 200+ packaging industry decision makers. The survey,
conducted by independent research firm, Dimensional Research, found
nearly three-quarters (73 percent) of respondents say packaging is
important to their brand experience and is a key area of investment
according to 81 percent of executive-level respondents. Findings also
indicated that adoption of advanced plastic packaging capabilities -
such as "intelligent" packaging, e-commerce packaging, high barrier
technologies and digital printing - is growing rapidly. Many respondents
plan to adopt new types of plastic packaging in the next three years.
The survey revealed leading factors that influence the selection of
plastic packaging suppliers. The top three cited by survey respondents
were pricing that includes all product lifecycle costs, the ability to
get products to market faster and advanced product design capabilities.
Further, nearly a third want a supplier that can integrate smart
packaging solutions, which enable enhanced customer engagement and brand
"This research underscores the growing importance of innovative plastic
packaging as a brand investment," said Erich Hoch, CEO of Jabil
Packaging Solutions. "Compelling capabilities and innovation make the
difference for both brands and suppliers looking to set themselves
apart. The brands want to squeeze as much value as they can from the
packaging they choose."
Another supplier selection criterion is the ability to use one vendor
instead of multiple, geographically limited vendors. Almost
three-quarters (74 percent) of packaging professionals who operate in
multiple regions would prefer to work with a single supplier when
launching a new product requiring custom packaging.
Download the full survey whitepaper at: Trends
in Plastic Packaging. Join Jabil Packaging Solutions for The Value
Added Packaging Matters webinar series starting November 30th. Register
today at: Packaging
Jabil is a product solutions company providing comprehensive
electronics design, production and product management services to global
electronics and technology companies. Offering complete product supply
chain management from facilities in 28 countries, Jabil provides
comprehensive, individualized-focused solutions to customers in a broad
range of industries. Jabil common stock is traded on the New York Stock
Exchange under the symbol, "JBL". Further information is available on
Jabil's website: jabil.com.
About Jabil Packaging Solutions
Jabil Packaging Solutions, a division of Jabil, creates brand
brilliance for the world's leading brands through technology leadership,
manufacturing excellence and time-to-market advantages. From design to
delivery, Jabil's value-added packaging solutions leverage a portfolio
of highly engineered and proprietary processes to solve complex
packaging requirements. By matching world-class offerings with an array
of extended manufacturing capabilities, Jabil builds game-changing smart
packaging solutions for customers.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161107005755/en/
For Jabil Circuit, Inc.
AH&M Marketing Communications
Wood, 413-448-2260 Ext. 470
Senior Manager, Media Relations
Source: Jabil Circuit, Inc.
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