Paper and packaging prices on the rise

14 October 2014

Despite business increasingly moving online, businesses and consumers alike still depend on paper, especially in various packaging and shipping markets. The prices of paper and packaging products are on an upward trend as input costs rise for upstream suppliers and consumer shopping trends drive demand for shipping materials and services. IBISWorld expects the global price of wood pulp to rise at an annualized rate of 1.0% in the three years to 2017, driven by increased demand from recovering economic conditions. The surging popularity of e-commerce has boosted shipping activity and, thus, demand for the boxes and shipping products needed (Press Release IBISWorld, 23 September 2014).
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