Why packaging costs are rising ?
Everything from your grocery shopping to clothes, the cost of filling up your car to the stationary you use in the office. Unfortunately for many, packaging is no exception. You may have had packaging price increase notifications in the last couple of months yourself
But why are packaging costs rising? And are there any ways you can either overcome or mitigate these increases?
The 7 reasons packaging costs are rising
Price of paper and materials
Labour costs / shortages / minimum wage increase
Number of manufacturing processes
Inefficient machinery / conversion costs
Cost of transit / logistics
Sub-contracting / reselling
General overhead rises