The global packaging industry experienced a 47% drop in company filings mentions of ecommerce in Q4 2023 compared with the previous quarter, with the highest share accounted for by Stora Enso with 100% year-on-year increase, according to GlobalData’s analysis of over 246 packaging company filings. GlobalData’s Packaging: Filings Trends & Signals Q4 2023 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 Q4 2023, ranking highest in terms of mentions, ahead of digital payments and big data, according to GlobalData.
Of the top leading companies in the packaging industry, Stora Enso had the greatest increase in references for ecommerce in Q4 2023, compared with the previous quarter. GlobalData identified two ecommerce-related sentences in the company's filings - 0.5% of all sentences - and an increase of 100% in Q4 2023 compared with Q4 2022. International Paper’s mentions of ecommerce to 1 and UPM-Kymmene’s by 67% to 1 and Westrock’s by 50% to 1.
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 Q4 2023 was 93.
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For further understanding of GlobalData's Packaging: Filings Trends & Signals Q4 2023, buy the report here.
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