Prior to the outbreak of COVID-19, the global packaging market was estimated at $953.7bn growing at an annual rate of 4.1% since 2016. During the pandemic, packaging continued to grow despite significant disruption to consumer behavior and spending. Growth slowed to 1.5% but varied widely by substrate with fibre and metal both seeing stronger growth. Smithers latest whitepaper,
Post Pandemic Packaging: How did COVID -19 impact packaging and what happens next? explores the post-pandemic packaging market and identify what has changed temporarily and what has changed forever.
