The global packaging industry experienced a 58% drop in company filings mentions of ecommerce in Q2 2024 compared with the previous quarter, with the highest share accounted for by International Paper with 150% year-on-year increase, according to GlobalData’s analysis of over 231 packaging company filings. GlobalData’s Packaging: Filings Trends & Signals Q2 2024 report delves into earnings call transcripts and quarterly reports within the packaging industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
Notably, ecommerce was one of the most frequently referenced themes in Q2 2024, ranking highest in terms of mentions, ahead of autonomous vehicles and niche tourism, according to GlobalData.
Of the top leading companies in the packaging industry, International Paper had the greatest increase in references for ecommerce in Q2 2024, compared with the previous quarter. GlobalData identified five ecommerce-related sentences in the company's filings - 0.2% of all sentences - and an increase of 150% in Q2 2024 compared with Q2 2023.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for ecommerce in Q2 2024 was 91.
For further understanding of GlobalData's Packaging: Filings Trends & Signals Q2 2024, buy the report here.
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