Market Monitor: Packaging Materials
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Making the right decisions for your business starts with having the most accurate and current information available. Our Packaging Materials Market Monitor keeps you up to date on the events, trends, and market forces that shape and guide the industry.
- Middle-market M&A volume generally began trending lower about one year ago and softness continued into the first half of 2023. Many completed transactions in H1 2023 tended to be carryover, or backlog, from 2022 deals well underway.
- Transaction volume in Packaging Materials was down approximately 25% in H1 2023 as compared to H1 2022. Not surprising and is representative of broader declines across various sectors of global economies. Even so, transaction activity was by no means decimated, rather more representative of levels seen pre-pandemic.
- For many packaging business owners, 2023 has been a stabilize and rebuild type of year coming off 2021’s and 2022’s pandemic induced highs. While full-year 2023 M&A volume is likely to be muted year-over-year, we are optimistic the back half of 2023 will pick up steam and carryover to 2024.