Total U.S. Packaging Papers & Specialty Packaging Shipments Decreased 13 Percent in December 2022

Josh Curtis from Ravensbourne University in London triumphed in the UK Packaging Design Impact Award (PIDA) and earned this year’s Gold Award. His entry “Ritini” impressed the jury with its shape, branding, and versatility. “Ritini” is an eye-catching package, a branding tool and a clever dispenser all rolled into one. The word Ritini is Greek for resin and the tear-shaped package design is inspired by the drops of resin that are the key ingredient of the vegan chewing gum. “They are the Tears of Chios,” says Josh Curtis. “The package is designed with a colour palette that is typical of Greece. It’s user friendly, easy to dispense the gum and fits perfectly in your hand.” At PIDA, design students from universities and colleges from seven countries compete with their creative packaging designs. The competition is organized as five separate events: the USA, Sweden, France/Belgium, the UK, China*, and Germany/Austria. The winners of the Gold Award at each event will meet in a Grand Finale at Luxe Pack Monaco in October.

Quarter Highlights *Delivered net sales of $5.1 billion, up 2 percent, with organic sales growth of 5 percent. *Gross margin was 35.8 percent, up 530 basis points versus the prior year, driven by favorable net revenue realization and productivity. *Raised 2023 outlook for organic growth to 4% - 5%, and for adjusted earnings per share growth of 15% - 17%, with adjusted operating margin up 170 basis points at the midpoint versus last year.

Smurfit Kappa held its eighth Innovation Event this year in Paris. More than 250 customers came to the “Packaging and Perspectives” event, which took a look at how packaging will be affected by supply chain and network fragmentation using a variety of media. Alongside the conference, visitors had the opportunity to participate in an interactive live session with two Smurfit Kappa design teams tasked with developing complete shelf ready packaging and display solutions in real time. The designs that were created were based on votes from the customers.