Packaging box


Packaging M&A update: Q3 2022

Smart packaging is quickly gaining market share, using different technologies such as QR codes, smart labels, RFID, and near field communication (NFC) chips.

Packaging trends

  • Businesses are increasingly adopting AI-based solutions to improve supply chain management
    A trending theme is the use of robots for the sorting of goods for recycling. Since AI systems use predictive demand tools, they balance supply and demand—resulting in optimization for warehousing and inventory costs.1
  • Digital print on packaging is a leading choice for on-pack promotions, market testing, and new product launches
    The use of digital print removes the upfront cost associated with printing plates and cylinders, allowing for more flexibility in design.2
  • Demand for corrugated packing boxes
    The demand for corrugated packing boxes, which form the backbone of e-commerce packaging, is estimated to register a compound annual growth rate (CAGR) of 4.3% through 2030.
  • Smart packaging is quickly gaining market share using different technologies
    Smart packaging is quickly gaining market share using different technologies such as QR codes, smart labels, RFID, and near field communication (NFC) chips. These cutting-edge solutions offer value-added benefits of security, authentication, and connectivity, making the product packaging a data carrier and digital tool.3

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1Ryan Ellington, “The key trends moulding the future of packaging,” Packaging Gateway, August 5, 2022.
2Foxpak, “2022 packaging trends,” accessed November 2022.
3StartUs Insights, “Trend intelligence,” accessed August 2022.

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