Few companies have been immune to the turbulence of global disruptions and business evolution over the decades. Back in 1964, the expected lifetime of the typical S&P corporation was 33 years1, but by 2016 it had dropped to 24 years. Looking ahead to 2027, the projection for longevity is just 12 years.
Packaging manufacturers, whether S&P companies or not, face a host of disruptions caused by changing consumer preferences and technology-driven innovation. The rapidly changing world means the old, compartmentalized business methods will not continue to produce the results that packaging manufacturers have come to expect.