Packaging & Print

Packaging & Print covers the converters and printers that package and brand the physical economy — corrugated and paperboard boxes, flexible packaging, rigid plastic and glass/metal containers, labels, protective packaging, and commercial printing. At roughly $292 billion across ~27,000 establishments, packaging is a large, defensive, recurring-demand industry (virtually every product needs a package) while commercial print is in secular, digital-driven decline.

Demand is anchored by consumer goods, food and beverage, e-commerce, and healthcare, and is shaped by two dominant forces: sustainability (recyclability, lightweighting, circular economy, plastic-reduction) and e-commerce (protective and shipping packaging). It is consolidating around scaled converters, with very active M&A — from packaging mega-deals to private-equity roll-ups of labels and specialty converters.