Five in 5: Reshaping Paper & Packaging

The Paper & Packaging (P&P) industry finds itself at an important juncture, influenced by rapidly evolving market demands, a shifting regulatory landscape, and emerging technology innovations. As environmental concerns rise and consumer preferences shift toward sustainable products, P&P companies are working to redefine their operational and strategic frameworks.

This report examines five questions that are currently reshaping the future of the industry. Through comprehensive analysis, this report provides insights that can help industry leaders better understand these changes and provide strategic considerations that could help determine their competitive edge and sustainability in the market.

Within the current landscape of change, portfolio optimization emerges as a strategic imperative, digital transformation becomes a necessity rather than a nice-to-have, and sustainability reporting transitions from voluntary to mandatory. These shifts underscore the industry’s accountability to both regulators and a more conscientious consumer base. Additionally, this report explores the latest innovations disrupting the sector and the strategic signals P&P companies should consider heeding from the broader consumer packaged goods (CPG) industry.

As each of these areas are examined, this 5x5 analysis highlights key trends, showcases leading practices, and proposes strategic recommendations to help thrive in tomorrow’s market. The P&P industry’s future could be shaped by how effectively companies can adapt to these emerging challenges and seize the opportunities presented by a more digital and sustainable world.

All wrapped up: Navigating chance and seizing opportunities

As the Paper & Packaging industry stands at a crossroads, influenced by digital transformation, sustainability imperatives, and consumer expectations, this report offers a potential roadmap to help navigate these challenges. The insights from addressing these five questions can equip industry leaders with the knowledge to make informed decisions, drive innovation, and enhance sustainability practices. In a world where adaptability and foresight are often key, staying ahead of these trends could be critical for survival and success in a competitive market.

Endnotes

_{¹Amcor Completes Acquisition of Bemis, Creating the Global Leader in Consumer Packaging (prnewswire.com)
²BillerudKorsnäs completes acquisition of Verso - Billerud
³Smurfit Westrock makes its debut in New York and London (www.smurfitwestrock.com)
⁴From one to many | Deloitte
⁵https://www2.deloitte.com/content/dam/insights/us/articles/6276_2019-Deloitte-and-MAPI-Smart-Factory-Study/DI_2019-Deloitte-and-MAPI-Smart-Factory-Study.pdf
⁶Why is Digitalization Increasingly Important for the Packaging Industry? | Supply Chain Connect
⁷SEC.gov | SEC Adopts Rules to Enhance and Standardize Climate-Related Disclosures for Investors
⁸Directive - 2022/2464 - EN - CSRD Directive - EUR-Lex (europa.eu)
⁹Scope 3 Inventory Guidance | US EPA
¹⁰Snack company releases first-of-its-kind chip bag: 'The potential to revolutionize packaging as we know it'
¹¹Exploring the world of connected packaging innovations (packaging-gateway.com)
¹²Minimalism takes hold in packaging Features - (packaging-gateway.com)
¹³ConsumerSignals is a longitudinal exploration of consumer spending behavior and the drivers behind it. Every month, we survey thousands of consumers across more than a dozen countries about their sense of financial well-being, spending intentions and upcoming purchases big and small.
¹⁴2024 CAGNY Conference Highlights | Deloitte US
¹⁵Straw (loliware.com)
¹⁶Own the AND℠ (ingredion.com)
¹⁷PepsiCo launches paper-based beverage packaging to replace plastic rings in North America (packaginginsights.com)
¹⁸How Infiniment Coty is redefining traditional fragrance compositions (harpersbazaar.com)
¹⁹Conagra expands use of bowls made from plant-based fibers through collaborative partnerships (footprintus.com)}