The global packaging industry experienced a 29% rise in new job postings in Q1 2024 compared with the previous quarter, with the highest share accounted for by Westrock with 1,632 job postings according to GlobalData’s analysis of packaging company job postings. GlobalData’s Packaging: Hiring Trends & Signals Q1 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 14% share of the global packaging industry’s new job postings in Q1 2024, up 24% over the prior quarter.
Production Occupations drive packaging industry hiring activity
Production Occupations, with a share of 14%, was the occupation with the greatest hiring activity in the global packaging industry in Q1 2024, ahead of Office and Administrative Support Occupations with an 8% share of job postings.
The other prominent roles include Management Occupations with an 8% share in Q1 2024, Installation, Maintenance, and Repair Occupations with a 7% share and Transportation and Material Moving Occupations with a 6% share of new job postings.
Top five companies in packaging industry accounted for 24% of hiring activity
The top five companies, in terms of number of new job postings tracked by GlobalData, accounted for a combined 24% share of the overall hiring activity in the global packaging industry in Q1 2024.
Westrock posted 1,632 jobs in Q1 2024 and registered a growth of 119% over the previous quarter, followed by Avery Dennison with 1,039 jobs and a 48% growth. International Paper with 902 jobs and Pactiv Evergreen with 683 jobs, recorded a 12% growth and a 52% rise, respectively, while Berry Global Group recorded a 40% rise with 642 job postings during Q1 2024.
Hiring activity was driven by North America with a 66% share of total new job postings, Q1 2024
North America held the leading share of the new job postings in the global packaging industry with a 66% share, a 2% higher over Q4 2023. Europe stood next with 20%, registering a 12% growth over the previous quarter.
Asia-Pacific with an 8% share marked a 49% rise over Q4 2023. The South & Central America and Middle East & Africa accounted for shares of 30% and 15% respectively.
For further understanding of GlobalData's Packaging: Hiring Trends & Signals Q1 2024, buy the report here.
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