The global packaging industry experienced a 7% rise in new job postings related to future of work in Q2 2024 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 4% decrease versus Q2 2023. GlobalData’s Packaging: Hiring Trends & Signals Q2 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the packaging industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Production Occupations jobs accounted for a 16% share of the global packaging industry’s future of work-related total new job postings in Q2 2024, up 8% over the prior quarter.
Production Occupations drive future of work-related hiring activity
Production Occupations, with a share of 16%, emerged as the top future of work-related job roles within the packaging industry in Q2 2024, with new job postings rising by 8% quarter-on-quarter. Architecture and Engineering Occupations came in second with a share of 11% in Q2 2024, with new job postings rising by 15% over the previous quarter.
The other prominent future of work roles include Installation, Maintenance, and Repair Occupations with an 11% share in Q2 2024, Transportation and Material Moving Occupations with a 8% share of new job postings.
Top five companies in packaging industry accounted for 29% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q2 2024 were Smurfit WestRock, Berry Global Group, Tetra Pak International, Graham Packaging Company, and Avery Dennison. Together they accounted for a combined share of 29% of all future of work-related new jobs in the packaging industry.
Smurfit WestRock posted 228 future of work-related new jobs in Q2 2024, Berry Global Group 142 jobs, Tetra Pak International 137 jobs, Graham Packaging Company 135 jobs, and Avery Dennison 119 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 75.34% share of total new job postings, Q2 2024
The largest share of future of work-related new job postings in the packaging industry in Q2 2024 was in the US with 75.34% followed by India (3.88%) and Germany (3.80%). The share represented by the US was three percentage points higher than the 72.28% share it accounted for in Q1 2024.
For further understanding of GlobalData's Packaging: Hiring Trends & Signals Q2 2024, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Job Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
