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Counting Down the Top 10 articles of 2019 - #4: Five Megatrends Affecting Packaging

Based on our online clicks and unique page views, we're counting down the Top 10 articles of 2019. Join us as we look back at the best of 2019. Checking in at #4, Anne Marie Mohan reports on the Big Five packaging Megatrends.

#4 Megatrends

According to Anne Marie Mohan, Senior Editor, in February 2019, among them are e-commerce, changing consumer and customer preferences, CPG and retailer margin compression, sustainability, and digitalization and IoT.

There are five key megatrends that will affect the growth and profitability of players in the packaging industry over the next five to 10 years. Identifying them and learning how to capitalize on them was the subject of a presentation given by David Feber, Partner at McKinsey & Company, at The Packaging Conference, held February 4-6 in Las Vegas. Feber’s presentation provided a sneak peek at the insights gleaned in a soon-to-be-released report from McKinsey, “Packaging in 2030.”

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Hiring remains a major challenge in packaging, with 78% struggling to fill unskilled roles and 84% lacking experienced workers. As automation grows, companies must rethink hiring and training. Download the full report for key insights.
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