Acquisition Synergy The recent acquisition of Preferred Packaging Products by FlexPak Corporation indicates increased consolidation within the packaging industry, presenting opportunities for cross-selling comprehensive packaging solutions and exploring collaborative product offerings to existing and new clients.
Market Position As a privately-owned, locally-focused company with a niche in custom packaging design and manufacturing, Preferred Packaging Products serves a smaller segment compared to industry giants, making it ideal for tailored sales approaches emphasizing personalized service and specialized packaging solutions.
Growth Potential With reported revenues between one and ten million dollars and a lean employee base, there is significant room for expanding sales efforts around value-added packaging options, innovative designs, and additional distribution services such as warehousing and assembly to grow revenue streams.
Industry Trends The industry’s movement toward integrated packaging solutions and supply chain efficiencies suggests potential for offering complementary products that enhance customization, sustainability, and logistics, aligning with evolving customer demands.
Technology and Engagement Leveraging preferred local supplier status and existing online presence, targeted digital outreach and leveraging technical insights can help position sales teams to develop strong relationships with manufacturing and distribution clients seeking reliable, innovative packaging partners.