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3 Ways COVID-19 is Changing Supply Chain Packaging

How do these shifts in shipment packaging affect your operations now and moving forward?

In the supply chain world, the packaging is one of the few spots that doesn’t seem to be overwhelmingly impacted by the COVID-19 coronavirus, though there is still some cause for caution. Overall, the packaging market is projected to reach $1.01 trillion by 2021, partially because of a surge in ecommerce sales.

Drilling down to smaller segments and subsets shows a more uneven outlook as some manufacturers may face growing challenges. For instance, companies that provide packaging for entertainment venues like concert halls and movie theaters are seeing a significant decrease in orders.

Companies have primarily been able to address the initial COVID-19 impacts. They are managing their return to more consistent levels, but leadership in the space will require a focus on shaping what comes next, instead of reacting to it.

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