It is worth noting that not only is the packaging industry facing the challenge of rising inflation, almost all industries are facing inflationary pressures. In fact, many leading publications have recently reported that although companies in the entire manufacturing industry have generally seen a strong economic rebound after the epidemic restrictions were lifted, inflationary pressures in various sectors are emerging.
In fact, the inflation rate in the UK more than doubled in April due to rising energy and clothing costs. The jump from 0.7% in March to 1.5% in April means that consumer prices are rising at the fastest rate since the pandemic began in March 2020. Therefore, although manufacturers and companies in general are regaining optimism, many people have reached an unbearable level.
The question many people ask now is whether price increases are inevitable or are there any ways to overcome them. Fortunately, at least when considering the use of corrugated packaging, the answer is that there are many ways to alleviate the problem of increased costs. However, before doing so, it is important to understand the reasons for the increase in average packaging costs and potential countermeasures.
Short comment: As the cost of packaging has risen, the price of packaging accessories has also risen. The prices of the products provided by the company such as steel drum closures, metal cap seal, drum rings and clamp are also unstable. If customers need a quote, please contact us. At the same time, our prices are also time-sensitive, please finalize the price with us when you confirm the order.
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