Latest update: 2 December

Many economists have cut their GDP forecasts. The 2020 consensus forecast for GDP growth is currently negative and many predict a recession.

The European Commission estimates that
the Euro Area economy will contract by 7.8% in 2020 and then recover to 4.2% in 2021.


The IMF has revised its 2020 global GDP forecast to -4.4% from an estimate of -4.9% made in June.


The global economy is estimated to contract by 4.2% in 2020 and bounce back by 5.3% in 2021.

Impact of Covid-19 on equity indices


Latest update: 2 December

The rise of the ecommerce channel is significantly impacting the packaging industry, and suppliers are optimising packaging to be more robust for this channel to meet manufacturer requirements.

Digital tools continue to be used to achieve safety and efficiency. Packaging companies also recognize the continued importance of investing in sustainable supply chain operations.

materials impact

Packaging impact assesment

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