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Why It Matters: A new era in the paper and packaging industry

We are living in the era of polycrisis. As a result, people are becoming increasingly conscious of sustainability and demanding it in all aspects, including product packaging. According to The Global Paper & Packaging Report by Bain & Company, 2022 saw increasing demands, prices, and profits for the paper & packaging sector with production costs continuing to rise while demand started slipping in 2023. So does this mean that the paper and packaging business is facing a crisis? Ilkka Leppavuori, Partner and Head of Global Forest Products, Paper & Packaging practice, Bain & Company shares his…

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