The Zacks Containers – Paper and Packaging industry is benefiting from robust demand for food, beverage and hygiene products triggered by the coronavirus pandemic as packaging is integral to the distribution of these products. The industry is also gaining from the booming e-commerce activities as customers prefer staying indoors. Further, rising demand for sustainable and eco-friendly packaging options due to increasing environmental concerns will keep driving growth for the industry.
Companies like Amcor plc (AMCR), Packaging Corporation of America (PKG), Sealed Air Corporation (SEE), Berry Global Group, Inc. (BERY) and Greif, Inc. (GEF) are poised well to benefit from these trends.
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