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Updated · Bloomberg · May 8Box makers raise prices as war-driven costs climb and demand stays weak
4 articles · Updated · Bloomberg · May 8
- The latest pressure comes from the Middle East conflict, with blockage of the Strait of Hormuz pushing up energy prices for packaging producers.
- The industry is already in a prolonged downturn, squeezed by softer consumer spending after inflation and by tariffs that have added to costs.
- Box makers have struggled since the pandemic-era e-commerce boom faded, leaving them caught between weak volumes and rising input costs.
Are rising box prices from the Hormuz crisis the first sign of a global economic meltdown? With box prices surging, can AI and new designs prevent a total supply chain collapse? Is this price crisis a temporary shock, or the new permanent reality for global commerce?