Packaging Industry
The consistent demand for packaging amid a pandemic is a strong statement of the industry’s stability. As others suffered layoffs during the lockdown in 2020, the packaging industry remained resilient with 83%-95% operational capacity. As of 2021, there are 53,679 employees in the packaging and labeling industry in the United States.
Packaging Industry
The consistent demand for packaging amid a pandemic is a strong statement of the industry’s stability. As others suffered layoffs during the lockdown in 2020, the packaging industry remained resilient with 83%-95% operational capacity. As of 2021, there are 53,679 employees in the packaging and labeling industry in the United States.
The number is expected to grow due to the projected demand for fast-moving consumer goods, pharmaceutical packaging, and rising E-Commerce sales. The food delivery market anticipates a $192.16 billion revenue by 2025 at an 11% CAGR, while online grocery sales will potentially make up 12.4% of the country’s E-Commerce sales by the end of 2021.
In 2020, US merchants made $791.70 billion dollars in online transactions alone, with E-Commerce leader Amazon taking $197.35 in net revenue. Online shopping largely impacts the packaging industry’s growth as brands seek faster, more efficient, and versatile packaging methods to keep up consumer demands.
With an expected CAGR growth of 3.5% by 2026 and estimated revenue of $1.3 trillion in 2030, the packaging industry in the United States is the fastest-growing market in North America. Hence, the demand for employees is on a continuous rise in the years to come.
As the industry exhibits continual growth, finding and selecting top talents is an important factor to every company’s success.
WorldBridge Partners is committed to contribute to the growing need and success of the packaging industry by finding and placing the most extraordinary candidates.
Key Segments We Serve:
Packaging
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- Prime Labels
- Corrugated Boxes
- Flexible / Standup Pouches
- Inner Cartons / Paperboard
- Rigid
- Glass
- Plastic
- Tin Cans
- Packaging Supplies & Adhesives
- Cushioning Material
- Labels
- Polypropylene (PP) Straps
- Adhesive & Tapes
Functions We Place:
- CEO/President
- CIO/CTO/CFO/COO/CPO/CRO
- VP’s, Directors and Managers in a variety of functions:
- Accounting & Finance
- Engineering, IT & Digital Transformation
- Human Resources & Talent Acquisition
- Operations, Manufacturing, Logistics, Quality & Innovation
- Sales & Marketing
Sources:
https://www.smithers.com/Services/market-reports/packaging/packaging-long-term-strategic-forecasts-to-2028
https://www.reportlinker.com/p05865949/Packaging-Industry-in-United-States-Growth-Trends-and-Forecast.html?utm_source=GNW
https://www.ibisworld.com/industry-statistics/employment/packaging-labeling-services-united-states/
https://www.emarketer.com/content/2021-online-grocery-sales-will-surpass-100-billion
https://www.businesswire.com/news/home/20210429005768/en/Global-Online-Food-Delivery-Services-Market-Report-2021-COVID-19-Growth-Impacts-and-Change-to-2030---ResearchAndMarkets.com
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