Paper and Packaging Prices Increasing, Report Finds

According to a report from IBISWorld, a global business intelligence provider, the prices of paper and packaging products are on an upward trend as input costs rise for upstream suppliers and consumer shopping trends drive demand for shipping materials and services (i.e., more purchases being made online). The markets that are anticipated to bear the brunt of these rising prices include corrugated boxes (price to increase 3 percent); molded fiber packaging (price to increase 4.2 percent); and packaging services (price to increase 2.5 percent).