Sasine pointed out that over the last 7-10 years, there's been a massive shift in how consumers shop.
With regard to future opportunities and threats, Sasine noted the growth of non-traditional retailers and hard discounters, shifting transportation methods, individuality and the need for small-batch, short-run packaging, speed to shelf and to point-of-sale, as well as sustainability.
When it comes to sustainability, Sasine noted, there is a "perception versus reality" issue.
Sasine added, "Successful packaging innovation needs to support and respond to evolving retail strategies of individuality and customization."
According to Sasine, consumers are increasingly adopting and improving their recycling habits.
For plastic bottles, Sasine said, the nationwide recycling rate is only 31.1%, PET - 30.1%, HPDE Bottles - 30.1%, PP Botdes - 34.4%.