Dean Scarborough, president and CEO of Avery Dennison, kicked of the event with his keynote address titled “Opportunities and challenges in the North American label markets.” Drawing upon the phrase “What does not kill us makes us stronger,” Scarborough discussed the two major challenges facing the US market: slow growth and inflation. He said he’s still optimistic despite the rising costs of fuel, resin, PE resin, and paper products. Scarborough said “There are plenty of opportunities for us to grow our business.”
In particular, Scarborough stated that these areas for growth include RFID, the food and beverage market, eco-friendly products, and globalization.
“I remain highly confident in our industry not only to endure but to prosper,” he said. “I look forward to walking around the halls and seeing the exciting products you all are bringing to the industry.”
Stay tuned to Live at Labelexpo throughout the event for the latest information.