Since the COVID-19 pandemic hit the U.S. in mid-March, many sectors of the U.S. economy have been severely impacted.
Certain goods, however, such as food, online alcohol sales, and personal hygiene products have had tremendous growth. The hand-sanitizer market alone is expected to skyrocket from an annual growth of 5% to near 46% increase this year, according to projections by Fortune Business Insights.
That’s been a downstream boom for the supply chain companies nationwide that manufacture labels and packaging for these sectors. It has also provided a growth opportunity for Steve Leibin, president of Matik, a West Hartfordbased distributor of European-made printing and packaging machines for the U.S, Canada and Mexico.