4 September 2023

Paper & Packaging Report 2023 - Unpack the power of sustainable packaging

Paper and packaging had a blockbuster 2022. Coming out of the pandemic, companies made a panicked rush to secure their supply chains. Combined with climbing inflation, nearly every company in the sector was able to raise prices and make record profits.

Then, in 2023, demand started dipping while raw materials, logistics, and labor costs continued to increase. And the environmental impact of packaging production, use, and disposal continues to come under increasing scrutiny from the public and regulators.

As a result, the current moment is more turbulent than ever. But this tumult presents opportunities to gain market share and generate real shareholder returns. As we explore in our inaugural report, leading companies are prioritizing sustainability, commercial excellence, and M&A opportunities. Best-in-class companies use scenario planning to navigate this turbulence and aim for full potential transformations of their entire organizations. When done right, such programs have increased EBITDA by more than 8 points on average.

Download the full report below.

Source: Bain & Company