Planning for future demand is vital for any industry and paper packaging is no exception. So the team here at NOA – using our expertise in packaging market research – have been doing some crystal ball gazing and here is what we have found.
Packaging industry researchers here at NOA-PRISM are warning of a global shortage of paper and increased prices in the face of rising demand. The NOA-PRISM team, who work alongside the paper packaging industry and users of packaging, have investigated global trends and predict more price increases.
In the world of retail, consumers are the Gods. What they do and what they demand has to dictate what retailers must do and must change, and by the same token must also dictate the direction that new packaging formats must take.
Global corrugated demand has grown at an average of 3.3% per annum from 200 billion square meters (bsm) in 2011 to reach almost 236 bsm in 2016. Future growth is forecast to average 3.0% for the next five years, resulting in a global market of 273 bsm by 2021. Find out more of the highlights from our research here.
2017 has brought us a diverse selection of packaging-related news stories. Which ones have caught your eye this year and how have they impacted your business? Here’s our month-by-month summary
Our team at NOA have just completed a very interesting project for ICCA on the global forecast for corrugated. Find out about this, and what else might be new in 2018.
