Stora Enso, one of the leading providers of renewable solutions in packaging,
biomaterials, wood and paper has published a report on trends for online packaging
Strategic packaging designs and sustainable materials can significantly increase margins for online retailers, as per the findings of the Stora Enso’s Viewpoint report on trends for online packaging. As per the key findings of the report, released on 7 September 2015, potential for online grocery segment will double EBIT through strategic packaging designs and potential for personal care online retailers will increase EBIT by as much as 50% through strategic packaging designs.
Stora Enso, one of the leading providers of renewable solutions in packaging, biomaterials, wood and paper, has published the report. Some concrete opportunities reviewed in the Viewpoint report include – increasing customer loyalty, supporting customer sustainability agenda and reducing transportation volumes. In grocery online retail, the report highlights the need to make ‘pick and pack’ more effective, reduce damaged goods in last-mile-deliveries and optimize the use of packaging material to impact EBIT level.
The report also emphasizes on some visible macro trends; increasing power of the consumer, innovating business models to capture opportunities and increasing use of technology to reduce costs. The report concludes that sustainable packaging solutions can enable brand owners to gain from those trends as a competitive advantage.
Key findings of the report
– Potential for online grocery segment will double EBIT through strategic packaging designs
– Potential for personal care online retailers will increase EBIT by 50% through strategic packaging designs
The impact, resilience, and growth of responsible packaging in a wide region are daily chronicled by Packaging South Asia.
A multi-channel B2B publication and digital platform such as Packaging South Asia is always aware of the prospect of new beginnings and renewal. Its 16-year-old print monthly, based in New Delhi, India has
demonstrated its commitment to progress and growth. The Indian and Asian packaging industries have shown resilience in the face of ongoing challenges over the past three years.
As we present our publishing plan for 2023, India’s real GDP growth for the financial year ending 31 March 2023 will reach 6.3%. Packaging industry growth has exceeded GDP growth even when allowing for inflation in the past three years.
The capacity for flexible film manufacturing in India increased by 33% over the past three years. With orders in place, we expect another 33% capacity addition from 2023 to 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels have grown similarly. The numbers are positive for most of the economies in the region – our platform increasingly reaches and influences these.
Even given the disruptions of supply chains, raw material prices, and the challenge of responsible and sustainable packaging, packaging in all its creative forms and purposes has significant headroom to grow in India and Asia. Our context and coverage engulf the entire packaging supply chain – from concept to shelf and further – to waste collection and recycling. We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers.
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