The BGL Plastics & Packaging Insider discusses key trends and issues affecting the industry, as well as recent mergers and acquisitions activity, and the recent performance of publicly-traded companies.
Plastics processors are bullish on the medical market. Strong secular tailwinds, notably an aging population and ballooning number of healthcare consumers under the Affordable Care Act, will fuel demand for medical products, with outsourcing trends expected to sustain future demand for services. The M&A market is active with the pace of consolidation accelerating across the supply chain as contract manufacturing organizations look to vertically integrate and plastics companies expand their medical product offering and enter new markets.