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Brands have long relied on their products’ packaging to draw the consumers’ eye and entice them to consider a purchase. But packaging has evolved beyond eye-catching graphics to encompass so much more, particularly as consumers continue to explore “green” products and services with the goal of helping to address climate change.
The continued transition away from brick-and-mortar to ecommerce brings demand for packaging innovations that enable faster delivery and better content protection from shock or temperature variations.
The shift from brick-and-mortar to digital shopping had been under way for some time when the COVID-19 pandemic hit. Since 2017, ecommerce revenues have risen from an estimated $1.4 trillion to $2.4 trillion, or about 2.7% of global output.
The acquisition is in line with Bostik's growth strategy and expands its presence in North America.
May 19, 2021
Arkema recently announced that Bostik will expand its offerings in high-performance adhesives in the U.S. with the planned acquisition of Edge Adhesives Texas.