Packaging Strategies: What are some current trends within caps/ closures/ lids in the food and beverage space?
Abramowicz: The most important consumer demographic shift that is impacting the development of caps, closures and lids in the North American food and beverage segment is our aging population – and by that I mean anyone over 60 years of age. This particular segment represents a little over 15% of the United States’ population and is expected to have a global spending power of $15 trillion by 2020, but despite that it is often somewhat overlooked by brands.