The global packaging industry experienced a 20% drop in new job postings related to environmental sustainability in Q3 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 44% decrease versus Q3 2022. GlobalData’s Packaging: Hiring Trends & Signals Q3 2023 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.
Notably, Production Occupations jobs accounted for a 15% share of the global packaging industry’s environmental sustainability-related total new job postings in Q3 2023, down 17% over the prior quarter.
Production Occupations drive environmental sustainability-related hiring activity
Production Occupations, with a share of 15%, emerged as the top environmental sustainability-related job roles within the packaging industry in Q3 2023, with new job postings drop by 17% quarter-on-quarter. Management Occupations came in second with a share of 12% in Q3 2023, with new job postings dropping by 21% over the previous quarter.
The other prominent environmental sustainability roles include Installation, Maintenance, and Repair Occupations with an 8% share in Q3 2023, Office and Administrative Support Occupations with a 7% share of new job postings.
Top five companies in packaging industry accounted for 50% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q3 2023 were International Paper, Ball, Ardagh Metal Packaging, Ardagh Group, and PCA Denver. Together they accounted for a combined share of 50% of all environmental sustainability-related new jobs in the packaging industry.
International Paper posted 491 environmental sustainability-related new jobs in Q3 2023, Ball 360 jobs, Ardagh Metal Packaging 288 jobs, Ardagh Group 279 jobs, and PCA Denver 190 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 70.74% share of total new job postings, Q3 2023
The largest share of environmental sustainability-related new job postings in the packaging industry in Q3 2023 was in the US with 70.74% followed by the UK (10.39%) and Canada (3.18%). The share represented by the US was two percentage points lower than the 72.80% share it accounted for in Q2 2023.
For further understanding of GlobalData's Packaging: Hiring Trends & Signals Q3 2023, buy the report here.